The cost of raw materials has risen after the price of raw materials has risen, and the snails are expected to continue to rise!

China Steel Network Strategy Analysis:

　　 1. Rebar

Rebar futures have risen strongly, and demand is still good at present. Production is still being destocked due to power restrictions in individual provinces. The cost of raw materials has risen after the price of raw materials has risen. Many factors have superimposed on the spot market for steel futures. The funding is very dominant. After the continuous surge, the market outlook needs to pay attention to the continuity of spot demand and the pressure of high profit-taking on the disk. The rebar 2105 contract is low and much lighter. Once the disk is under pressure, more orders will be cashed in time, mainly within short-term trading days.

　　2, hot roll

　　 Real offer analysis: Hot volume 2105 contract closed up for several consecutive weeks, which is enough to show the market's strength. At the beginning of this week, it is recommended to pay attention to the support of the 5-day moving average of 4800. It is expected to fluctuate in the range of 4600-4850 this week.

　　3, iron ore

　　 Real market analysis: The overnight I2105 contract fell first and then rose. Opening 1128, lowest 1076, closing 1124, up 53 yuan from low to high. However, the continuous sharp rise should beware of the risk of high corrections and wait and see.

　　 China Steel Net Hot News:

　　1. National Development and Reform Commission: If necessary, natural gas can immediately organize "gas from the south to the north"

　　 The main person in charge of the Economic Operation Regulation Bureau of the National Development and Reform Commission stated that since the formal heating on November 15, the country’s average daily gas supply has exceeded 1.1 billion cubic meters, a year-on-year increase of about 10%. In general, the current basis for ensuring safe and stable gas supply is relatively good. This year, gas transmission capacity has been further increased to the Beijing-Tianjin-Hebei and other regions through the interconnection of pipeline networks. In particular, the southern pipeline network is fully connected to the northern pipeline network. If necessary, the "south-to-north" can be organized immediately to ensure gas demand in key areas.

　　2. China Automobile Association: Auto commodity import and export value both increase month-on-month

China Automobile Association: According to the data analysis published by the General Administration of Customs compiled by the China Association of Automobile Manufacturers, in November 2020, compared with the previous month, the value of import and export of auto goods increased month-on-month, and the growth rate of export value was even more obvious; Compared with the same period of the previous year, the import value of auto goods has decreased slightly, and the export value has maintained rapid growth. In November, the total value of import and export of auto goods was 16.3 billion US dollars, an increase of 6.3% month-on-month and 13.9% year-on-year.

　　 3. The global new shipbuilding market is picking up

　　 From January to November, a total of 679 new ship orders and 43.12 million deadweight tons were transacted worldwide, a year-on-year decrease of 32%. It is estimated that in 2020, the global shipbuilding market's new ship transaction volume will be approximately 48 million dwt. From January to November, the shipyards of China, Japan and South Korea received a total of 40.29 million dwt of new ship orders, and the combined global market share was 93%. Specifically, Chinese shipyards received new ship orders of 21.1 million dwt, a year-on-year decrease of 20%, with a global share of 49%, and continued to maintain market leadership; Korean shipyards received new ship orders of 16.18 million dwt, a year-on-year decrease of 17%, and a global share of 38 %, ranking second in the world; Japanese shipyards only undertook new ships with 3.02 million dwt, a significant decrease of 81% year-on-year, and the global market share was only 7%. There was no order transaction in the past month.

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(Editor in charge: Lu Lu)