304 stainless steel belt is given priority to with cut - more quotation Tianjin stainless steel co. , LTD

Domestic 304 stainless steel with a quotation is given priority to with cut, clinch a deal the weak market. Earlier this month, although the domestic steel market has a slight rebound, but the steel mills are still in purchasing iron is given priority to with caution, and always control the purchase amount, resulting in steelmaking pig iron market did not appear to rise phenomenon. Affected by raw materials prices, coupled with poor downstream demand, the overall price cut. Domestic ore market slightly fluctuations in June, north China and northeast China is given priority to with cut, a slight rise in east China. In north China iron ore market rose after the callback, and a half months before the imported ore market driven by rising tangshan areas to raise iron ore prices have different degree, and individual steel mills in an increase in the price of iron ore procurement, some large raised ex-factory price of iron ore mining enterprises, thus promote the whole north China region market prices, but the second half in tangshan region under the influence of carbon billet fell sharply, together with some steel blast furnace maintenance quantity increases slightly, makes the price of iron ore rises, and then with the imported ore price lower, tangshan and other underground ore prices to decline. Northeast market weak, difficult to have the month up opportunities, the local iron ore market by interacting, iron and steel enterprise, liaodong, western liaoning region prices fell, clinch a deal the situation. Well in east China market, such as shandong, master to the market price slightly, especially 304 stainless steel with the leading role of price, and the imported ore prices rising stage, the domestic mineral resources to sales volume. Imported ore market rose after the fall. Earlier this month, platts iron ore index rebounded to early February levels, high, nearly four months on $60, especially the forward spot market price performance strong, platform and mine the bidding price is high, some obvious signs of capital is relatively abundant buyers to snap up, thus lifting prices of the imported ore, at the same time, dalian iron ore main futures contract price also form a breakthrough on the upside, washed up on June 10, 450 yuan, and thus stimulate slightly bullish atmosphere to ascend, and as the domestic steel market prices plunging, also makes the iron ore market demand wait-and-see atmosphere is aggravating, the mainstream ore prices firm unshakable cases, purchasing party begin to pay close attention to alternative resources, so as to make up for the part of the mainstream of mineral resources demand. Second half of the month, in the steel market continued to fall under pressure, and 304 stainless steel with a fear of heights warming of the atmosphere, makes imported ore prices began to fall, to the end of platts index dropped to 59. $5, 6 month highs fall. $25, decline in September. Fell 5% and imports ore forward spot prices have signs, and port spot due to the limited resources available mainstream, for this small decline. Decline in iron ore market status in July. Mainly by the steel market to decline a change, and the iron ore market supply-and-demand weak influence. Due to steel market sales off-season, even releasing overhaul plan, the iron and steel enterprise is double decrease of supply and demand state, however, is still difficult to support steel prices, in the absence of more bad press factors drove prices, steel prices or maintain a tight trading range, and the iron ore market is facing years big test, although the mainstream mineral resources is still tight, but the overall resources supply is relatively abundant, coupled with the demand of spot purchasing shrank, the 304 stainless steel prices decline.