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304 stainless steel belt is given priority to with goods subject to go - operation Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-06
This week 304 stainless steel with slightly weak market adjustment. Billet drive profile fall, fall is bigger, this week profile is given priority to with weak finishing, weeks to drop 10 - in more 30 yuan/tons. Compared to last year, at present, the market decline has slowed at the end of December, but the downside market still not bottom, vendor is generally believed that in the first half of this month at least, profile market will also be weaker, amplitude of at least 50 yuan/ton. So the manufacturers are wary of operation, the market clinch a deal the atmosphere light. This type is expected next week, is still weak. Post-holiday trading had expected start phenomenon, domestic steel strip all the way down, the leading steel mills in north China, 100 - 160 yuan, down 130 - east China, south China region 150 yuan. In every day is a new low-cost environment, survival of each link are difficult to strip steel industry chain, steel mills profit thin, traders for the receivable negative profit trading, end more watching, less volume. From the current statistics, the vast majority of production enterprise GaXian all normal operations, especially with the blast furnace, the late market supply pressure, suppress the spot price. Faded as the market on the other hand, the terminal construction is slowly reduced, needs to follow up is difficult, is expected next week will remain weak downward situation. This week the national hot coil or consolidation is given priority to, in the market could not improve overall demand, the downstream procurement mainly wait-and-see. Of east China this week because of the billet, raw materials, the shape of the futures, or save each other, and resources in north China is still less, to a certain extent in the sales, and merchants will delivery is stronger, low resource increased, holiday in a small amount of resources into the market in south China, on the first day after prices fell back, clinch a deal the better, but late resources market is still small, merchants wait-and-see attitude is thicker, finally due to sintering in southwest repair chengdu-chongqing expressway in inventory is still low, 304 stainless steel with market demand, specifications are not complete, stable price in certain degree. Taken together, the demand is still poor, and later parts of resources complementary slightly, and the downstream procurement customers without any had winter or willingness to stock up, next week is expected to hot roll weak, drop 10 - 20 yuan/ton. Clinch a deal market as a whole is still not improved. Among them, east China, south China due to the recent market, the arrival of the increasing volume of inventory pressure, together with some northern low resource in city had a big impact on local market price formation, early because of less cargo pull up prices began to accelerate the callback, 50 - amplitude 140 yuan/ton; Losses still central China, north China region, due to the downstream demand remains weak, though stores inventory pressure is not big, more than 304 stainless steel belt but still shipment of according to oneself circumstance to adjust, still give priority to in order to lower prices, range of 30 - 90 yuan. From now, the medium plate market is still weak, the trend of decline in inventory pressures increase, and the reduction in cost of support, market pessimism, the market outlook is still not optimistic, next week is expected to run will continue to be weak, the plate by 50 yuan. The current inventory pressure, but weak demand, the businessman to speed up the shipment but choose to price in quantity, but the effect is not ideal; East China market relatively mild, the businessman is bearish about future expected, but there is no obvious changes in surface of supply and demand, businesses wait-and-see sentiment strong, 304 stainless steel band operation is given priority to with goods subject to walk; South China market except all specifications of putian cold roll resources has added more, prices slightly weaker, the other is given priority to with steady, but the businessman reflect liuzhou iron &steel group co. are presented. the new resources will go to Hong Kong on Saturday, and afternoon long-short interweave, market mentality also pessimistic.
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