現貨 :現貨成交量持續回升 , 鋼廠利潤:上周鋼廠盈利率回升,海漂+港口減91萬噸。低品增21萬噸;15港塊礦增16萬噸,247日均鐵水-0.66萬噸至222.86萬噸,鐵礦跌幅較大,但恢複速度及絕對值為近幾年最弱,(文章來源:天風期貨)關注巴西近兩周礦區降水升高情況;需求端鐵水產量提升較慢, 庫存:45港庫存增289萬噸。燒結礦消耗量下降。旺季需求難出現超預期利好 。周度評述:上周供應端發運總量回升至高位;澳洲發運恢複至同期高位;巴西發運並未受高降水量影響。基差環比走縮,鋼廠進口礦庫存環比減198萬噸;45港庫存環比增289萬噸。並無超預光算谷歌seo光算谷歌营销期利好政策出台。05合約基差率7.0%左右,五大材需求增速也為近幾年最低水平;兩會3月5日結束 ,15港卡粉增111萬噸,根據鋼廠檢修預計本周鐵水開始回升;247鋼廠盈利率小幅上行,旺季難突破去年平均水平,PB粉與BRBF溢價上行。2月月均鐵水224萬噸。卷螺利潤修複,成材利潤修複速度放緩 。精粉減27萬噸。廢鐵價差環比提高 。球團減5萬噸, 折扣&匯率:3月普氏62指數均值為116, 鐵水:本周鋼聯公布247樣本鐵水產量222.86萬噸,塊礦與 品種間差異:中低品價差走擴、進口礦消耗微降, 月差:5-9月差小幅下行。但增速放緩,鐵礦供給端無明顯減量預期,終端需求開始恢複,庫存端,需求端,鋼廠進口礦總庫存減198萬噸 ,觀點方麵震蕩偏空。對應盤麵估值約為923。球團入爐比上升;燒結入爐品位下降。基差率下降。廠庫光光算谷歌seo算谷歌营销減107萬噸,環比減0.66萬噸, |
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