The cost has fallen, and the gross profit of Tangshan Pu billet sample steel mill has turned positive
2024-06-19 11:22:17
Golden ten futures on June 19, the end point of the traditional demand off-season, while the market for policy expectations are still in, the recent finished material market shock operation, Tangshan billet price reported 3380 yuan/ton. Steel mills for the second round of coke prices by 50 yuan/ton landing, coking coal prices also reduced in advance, while iron ore spot rebounded slightly compared with last week, Tangshan mainstream sample steel mills average molten iron cost excluding tax only dropped 29 yuan to 2551 yuan/ton, average billet tax cost dropped 45 yuan to 3380 yuan/ton. The average profit of steel mills increased by 81 yuan/ton to 26 yuan/ton, turning losses into profits.
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