Home appliance steel prices continue to rise in the short term

At present, the steel price is in a steady rising stage. From the operating cycle, steel prices are still operating at high levels. The top will still be phased in the near future.

Steel prices rise steadily

Relative to the low steel price in the third quarter of July, the national average price of 3.0-specified hot-rolled sheet rose by 12.5% ​​in the first half of September; both the price of silicon steel sheet and stainless steel rose by more than 10%, among which the price of ww600 silicon steel sheet The rate of increase was 17.9%.

From early September to early November, after a decline, steel prices returned to high levels. As of November 9th, the national average price of hot-rolled sheet 3.0 was 4,523 yuan/ton, which was 0.8% lower than the September high; the price of cold-rolled sheet 1.0 was 0.2%; galvanized sheet, color-coated sheet, Both the price of silicon steel and stainless steel surpassed the high price point in September to hit a new high.

After the mainstream steel mills experienced a fall in August, an increase in September, a slowdown in October, and an almost flat price in November, the ex-factory prices followed the trend of market prices.

The prices of cold-rolled plates oscillated to the bottom. The use of cold-rolled plates for home appliances is mainly based on the production of large steel mills. It is expected that the policy for ex-factory prices of major steel mills will be conservative and moderately higher in November, and the cost support and market funds in the later period will be more abundant. Therefore, it is expected that the cold-rolled sheet market in November is still in a turbulent process, and the price is bullish in the short-term.

Appliance companies can deal with low inventory

In the face of the current trend of steel prices, it is recommended that home appliance companies adopt the following strategies in purchasing steel products.

First, keep inventory low. The year 2010 is nearing completion and the weather is getting colder and colder. Some home appliance companies may usher in production peaks and demand for raw materials may increase. At present, steel prices are at a high level, and purchases should still be based on actual demand. In the process of gradually seeking steel prices, reduce the in-plant inventory and wait for steel price adjustments.

Second, increase the procurement method. There are more and more steel mills that can produce steel for household appliances. Some small and medium-sized enterprises can also produce products that are not very demanding. Therefore, household appliances companies have more choices and the steel market is more competitive.

In addition to the steel mills that can increase cooperation, home appliance companies can also cooperate with some professional integrated traders.

Third, increase the research capacity of the procurement department. China's home appliance industry has already played a decisive role in the world. The domestic and international home appliance market is very competitive, and reducing raw material costs has become an important means to enhance the competitiveness of enterprises. Therefore, for home appliance companies, improving the market research capability of the purchasing department is an effective means of reducing procurement costs.