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July RMRS EH32 shipbuilding plate prices opened a narrow range of shock market
At present, the start-up of steel mills is close to the peak, and the improvement of demand is close to the high level. Inventory consumption and market transaction have begun to slow down. Then the rise of RMRS EH32 shipbuilding plate price may come to an end. Although the price of raw material iron ore still keeps a small upward trend, the steel mills that continue to increase production may start to reduce production in the off-season after "the marginal profit dividend has been fully eaten", in order to maintain the high price of RMRS EH32 shipbuilding plate and the demand of price reduction of cost, so as to maximize the sustainable profits.
In addition, under the policy dividend of continuous "capital release", the stable growth of cash flow or reserves, or the increase of investment capacity, to ensure the market share lock-in. Therefore, June is in wide shock small rise market, and RMRS EH32 shipbuilding plate prices present a short-term inflection point signal. In addition, under the influence of global public health events, there is no obvious demand for recovery in the international market, so the export market is still difficult to improve in the short term.
Therefore, it is expected that the RMRS EH32 shipbuilding plate price in July will open a narrow range of volatility under the intertwined long short factors of "loose funds, reduced profits, maintenance and production reduction, and slowing demand". The overall trend may be "first rise and then fall, and then rise and stabilize", and finally the decline is mainly closed.