After the first round of 12bet casino price increases came to a halt on May 21 and the first round of price increases of individual coking companies at the end of May, with the further decline in steel market prices, some steel mills launched the second round of 12bet casino price increases on June 11. Lift and lower.
In addition, the range of this increase and decrease is smaller than the first round of price reductions of 100-110 yuan/ton. This time the decrease is 50-55 yuan/ton, of which wet quenched 12bet casino is reduced by 50 yuan/ton and dry quenched 12bet casino is reduced. 55 yuan/ton, most of which will be implemented at 0:00 on June 12, 2024.
However, this round of upgrades and downgrades by steel mills has aroused considerable resistance from Jiao Steel enterprises, and the game between Jiao Steel and Steel has intensified. On the afternoon of June 11, coking companies in many places held a market analysis meeting, and the participating companies unanimously agreed:
Currently there are no conditions for price reduction. For customers who take the lead in maliciously raising or lowering prices, shipments will be resolutely stopped, and 12bet casino prices will be the first to rise by 50-55 yuan/ton;
Control production, tilt shipments, and ensure good cooperation with customer needs;
Moderately increase prices, shift to high-yield customers, and reduce losses;
Actively communicate with steel mill customers to gain customers’ understanding of the current situation of Jiao Enterprises, jointly maintain the stable and healthy development of the industrial chain, and provide strong support for the sustained growth of the national economy.
Some other 12bet casino companies have successively sent letters clearly stating that they do not accept this round of 12bet casino price cuts. A 12bet casino company in Inner Mongolia responded to the letter saying that the current tight supply in the coal market in Inner Mongolia has led to high 12bet casino prices. The 12bet casino price reduction proposed by individual steel companies on June 12 is quite different from the current mainstream 12bet casino market trend.
A certain coking company in Shanxi stated in the notice letter that currently, coal mine safety supervision is normalized, the supply of coking coal is limited, the cost of coal entering the furnace is high, and the loss situation of the coking plant has not been significantly improved. Under the condition of high-temperature hot metal, the inventory of finished products in the coking plant is low. In order to ensure the quality and supply of 12bet casino products and better meet the usage needs of cooperative customers, the group company has decided after research and decision that it will not accept the 12bet casino price reduction on June 12, 2024, and will not accept the proposed 12bet casino price reduction.
The mainstream 12bet casino enterprises in Xingtai, Hebei Province believed that the steel plant's increase and decrease in price on the 11th was quite deviated from the current mainstream 12bet casino market trend, and refused to accept the price reduction. They suspended shipments to cooperative steel enterprise customers who proposed price reductions, and proposed price increases to these customers. 50-55 yuan/ton.
At present, 12bet casino prices are in a game stage. At this stage, the production of 12bet casino enterprises is mostly normal. A few 12bet casino enterprises have experienced a slight decline in operations due to maintenance and environmental protection. Some steel mills are still rushing for goods. 12bet casino enterprises are shipping well and the inventory in the factory is basically at a low level.
And steel is in the off-season, steel demand continues to be weak, steel prices have fallen, steel mills' profitability has deteriorated, and the short-term 12bet casino market may continue to be a game. In the later period, we need to pay attention to the consumption performance of finished products in the off-season, the production situation of steel and 12bet casino enterprises, and the profit sharing situation of raw coal.
However, the latest news shows that although some 12bet casino companies rejected the steel mill's price increase on the 12th, they proposed to take the initiative to lower the 12bet casino price on the 15th. It can be seen that there is a lack of unity among enterprises, and it is expected that it is only a matter of time before this round of promotion comes to fruition.
