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304 stainless steel belt downstream demand inhibition - obviously Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-14
Inhibitory effect obvious demand for downstream 304 stainless steel belt, as the steel prices falling short-term stabilized, prophase will gradually release pent-up demand. Arrive at golden nine silver ten traditional consumption season, despite the downward pressure on the real estate market is huge, but the railway investment has confirmed acceleration, turn shantytowns into new housing areas, such as pollution prevention and control of the people's livelihood investments continue to accelerate, clinch a deal in the short term is expected to continue to improve.
north recent billet resource prices have bottomed out, strip steel resource prices rise, want to compare the early, support efforts to increase price, clinch a deal valence is stabilizing. Clinch a deal is weak prices steady, but still not satisfied, traders, the downstream sensitivity to price is not high, weak downstream demand, clinch a deal. Inventory, or the low level, less inventory, more resources for commonly used specifications, traders think of afternoon widespread lack of confidence. Upstream raw material pipe billet resources continued downward, factory also to downgrade the ex-factory price, the market listing price support strength is weak, weak downstream demand, the purchasing amount from the previous month did not improve, 'Kim nine silver ten' halfway through the traditional market, traders on the afternoon of the lack of confidence. Late price is expected to continue to downside risks, clinch a deal. But it is understood that this round of replenishment for steel trade business with the inventory, the downstream demand remains generally, or short-term shock after the rally consolidation operation situation; As to the follow up with the macro policy, the downstream demand continues to improve, is near the end of pressure on the financing side partial businessman, but the overall market is steadily forward, hong kong-listed tomorrow is expected to 304 stainless steel with low higher stability.
plate opening tang, this morning han xing most resources is low. According to pan tang district of individual low clinchs a deal is a little better, slightly rebounded. Screw shakeouts, but afternoon billet rise of 40 yuan/ton, boost business confidence, cost, liu Ming mainstream relatively strong, up part. Because local distance in hebei, and dominate the market, in the north of hebei market had a greater influence on the peripheral market price changes on the local market. Most businesses from local market environment, the transient stability still offer, absorb the existing inventory, but weak demand, market activity is not high, the inventory is slowly. Recently, billet prices rebound, then the price drop steadily, basically in shock, shows that price rises in most markets, the lack of demand, the market overall environment is still weak. Is expected in the short term, or local cold-rolled market will be weaker. Due to the terminal demand purchase quantity is less, no obvious improvement in market clinch a deal, and from sources in the near future will receive part of the supplement, ningbo area is expected in the short term of 304 stainless steel with weaker adjustment.
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