304 stainless steel belt are still in vulnerable situation - adjustment Tianjin stainless steel co. , LTD

Downturn in the short term, steel demand, steel mills delivery is difficult. Some steel mills to quickly drained, low-priced sales of steel, 304 stainless steel belt spot prices are low. But in the medium term, with the steady growth policy of gradually implement and play a role, one quarter of the contradiction between supply and demand of steel or will periodically to improve, the hong kong-listed usher in the rally, investors should not be overly pessimistic. With strong demand, the cost of firm, supply good fundamental condition, reduce the expected steel prices further strengthened the probability of late. In just the past week, the domestic market price is at a disadvantage down, drop in 20 - Range of 40 yuan/ton. Terminal purchases also decline in two weeks, the downstream demand has appeared high signs of weakening. , however, the supply is still high at the same time, in the steel market demand, steel prices began to drop slightly. Collective lack of money market status, steel mills and traders, like 'one'. Clinch a deal is also difficult to recovery, businesses selling pressure, these three points are the current domestic spot hong kong-listed three major restraining factors. According to the latest market report, the domestic hong kong-listed after a short recovery, or to be obvious. After the 304 stainless steel belt briefly a small upward trend, but although steel prices rise, the market clinch a deal is not a significant rebound, it has a greater inhibitory effect on the market. At present, the merchant's sales began to increase pressure. In addition, the forward price of domestic continues downward, the confidence in the business. Because near the end, 'collection cash out' on the market will strengthen, clinch a deal in poor conditions, businesses had to cut the price for shipment. Long products mainly for the construction steel market, steel futures prices low, the influence of spot price is generally decline, including chongqing heavy falls in the market price, market condition, delivery purchasing willingness to weaker demand for local resources. With the supplement of market resources around, the local market inventory levels rising, this caused a large sales pressure, to merchants offer higher resources, prices are also gradually fell back, 'high to low' phenomenon is relatively common. 304 stainless steel to the stock is still in progress, long products performance is more apparent, cisa said in October as the tube mill and dealers take turns on goods, steel social inventory decline trend. Steel stocks continue to drop, and drop increased. Among them, the long products inventory decline is larger, inventories are reduced to the lowest level since this year, plank stocks dropped less than long products. Manufacturing growth continued to slow, steel demand is not prosperous, iron ore and other raw materials prices fell, steel prices dropped sharply. For the rising steel prices, many businessmen unavoidably some 'heights' mood, steel prices for the same period last year to 4000 yuan/tons, and the current belongs to the traditional sales season. In fact, this year's inventory, demand, and production into analysis, 304 stainless steel belt in vulnerable adjustment situation, still need my touch, this is much different from last year. Based on current costs and inventory support, market trend is unclear. With strong demand, the cost of firm, supply good fundamental condition, reduce the expected steel prices further strengthened the probability of late.