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304 stainless steel belt in a dilemma situation - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-08
Market feedback procurement activities from rebounded, but our country iron and steel enterprise internal inventory at the end of in early may again by a sharp increase in steel mills internal pressure to rise.
Downstream of 304 stainless steel belt, meanwhile, continue to inventory, but efforts to continue to slow, rain, weak manufacturing to lower purchasing power.
In social inventory slow down continues to weaken, the key steel mills open internal stock rebound pattern, increase obviously show that intermediaries take goods began to carefully.
enter since may, the spot market purchasing atmosphere is still inadequate, though hong kong-listed stock has been falling for 10 week implementation in years, but slow down trend continues to narrow, show that there are more downstream terminal is given priority to with on-demand procurement, with a strong wait-and-see atmosphere. Early until late may, the key cities for the stock dropped to about 13. 1 million tons of steel society, from the year's high by 19. 64%. For timber, although the burden of the market has certain support in May, but show weakened state. Imported ore to continue on in early to above $60 blocked, has since always wandering around this key to range trade, 304 stainless steel belt in fall dilemma situation; Billet market is due to the downstream that become weak again below 2000 yuan mark to continue downward, coke market there are positive signs, scrap weak operation as a whole. For the late, due to limited by downstream that become weak, and the upstream end of production enterprises of raw material inventory, steel furnace charge market or will continue to adjust.
in the iron ore market in May after first strong stability, early strength to pull up, after touching the highs, after entering a long period of shock consolidation, high cost in domestic and overseas mining production and the arrival of the goods quantity and recovers and stagnation. Compared with the imported ore market ups and downs, domestic ore market is relatively flat, crazy pulled up and fail to spot the early stage of the futures market carry gas, steel mills lack of appetite and some mining expansion ZengGong, make domestic iron essence pink market change is not very obvious, tang shan area 66% dry base of domestic ore this month rose only 20 yuan/ton; Relatively speaking, stuck in high iron ore Shi Chong upstream and downstream after falling, caught in the middle of the scrap steel market continues to embarrassment, steel procurement will weaken further, most domestic scrap are lower during the month, ranging from 20 to 80 yuan/ton; Coke market though a price by shenhua, large, but into the consumption off-season, combined with the development of the environmental protection strategy, coal consumption rate decline, the market is generally weak, 304 stainless steel belt is also fall dilemma, stagnated for a long time.
enter since may, the spot market purchasing atmosphere is still inadequate, though hong kong-listed stock has been falling for 10 week implementation in years, but slow down trend continues to narrow, show that there are more downstream terminal is given priority to with on-demand procurement, with a strong wait-and-see atmosphere. Early until late may, the key cities for the stock dropped to about 13. 1 million tons of steel society, from the year's high by 19. 64%. For timber, although the burden of the market has certain support in May, but show weakened state. Imported ore to continue on in early to above $60 blocked, has since always wandering around this key to range trade, 304 stainless steel belt in fall dilemma situation; Billet market is due to the downstream that become weak again below 2000 yuan mark to continue downward, coke market there are positive signs, scrap weak operation as a whole. For the late, due to limited by downstream that become weak, and the upstream end of production enterprises of raw material inventory, steel furnace charge market or will continue to adjust.
in the iron ore market in May after first strong stability, early strength to pull up, after touching the highs, after entering a long period of shock consolidation, high cost in domestic and overseas mining production and the arrival of the goods quantity and recovers and stagnation. Compared with the imported ore market ups and downs, domestic ore market is relatively flat, crazy pulled up and fail to spot the early stage of the futures market carry gas, steel mills lack of appetite and some mining expansion ZengGong, make domestic iron essence pink market change is not very obvious, tang shan area 66% dry base of domestic ore this month rose only 20 yuan/ton; Relatively speaking, stuck in high iron ore Shi Chong upstream and downstream after falling, caught in the middle of the scrap steel market continues to embarrassment, steel procurement will weaken further, most domestic scrap are lower during the month, ranging from 20 to 80 yuan/ton; Coke market though a price by shenhua, large, but into the consumption off-season, combined with the development of the environmental protection strategy, coal consumption rate decline, the market is generally weak, 304 stainless steel belt is also fall dilemma, stagnated for a long time.
