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304 stainless steel belt market sell fewer - today Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-10
The price of 304 stainless steel with relaxed, the price has been steadily falling, steel pipe market traders said: the seller is 'lucky', there is no further decline in the market, the world economy is in recession, China's economy is slowing, don't want to purchase now, steel prices are likely to affect the U. S. market. Negative emotions may not to cause a decline in prices, but the afternoon will be pessimistic, or pressure. Production will need to be improved before free market pricing. Demand will not get better soon, suppliers must cut production, due to the tight spot resources, prices rose slightly, according to understand, users more wait to clinch a deal is not ideal; Continue to weak market weakness, terminal demand, market participants are still not optimistic about future market, expected the recent steel price is given priority to with shock consolidation, stores offer to pull up, site purchase is released, the market price is so. Under the situation to boost, opening today, businesses continue to pull up the momentum, the local merchants triangle section tube quotation overall rise in early trading. Market today, however, was not to cooperate, at the same time, the site purchasing due to stock up in advance of yesterday, today's procurement has slowed, most merchants are feedback, today 304 stainless steel belt market sale has decreased, the market turnover fell. For now, though the inventory is not abundant, but the purchase is not stable, the short-term recent local triangle section tube prices or consolidation. Prices sharply upward, so does the downstream procurement enthusiasm is pushed up, the market transaction volume. Business to afternoon much optimistic, pull up the passion is still relatively high. To predict or continuation of the recent price strong performance. Today's domestic construction steel prices continued to expand, which dominate the market domestic Beijing, Shanghai plate are secondary to raise; In this, driven by the local market in the afternoon price up again, individual large rotary header suspended sales. Learned from the market, the recent domestic steel mills have been out of repair production plan, stock markets declined obviously, is also a growing shortage of specification; And billet prices rising, the market price is rising. Downstream of policy and the environmental protection measures more positive expectations; The hong kong-listed China is facing the high demand for low cost pressure, facing the market basic support is limited, the author thinks that the short-term 304 stainless steel belt market rally continues to fall. Market losses do not change today, according to local users reflect the pressure of market weakness, inventory is early also increase, so the short-term price is improved. In terms of local specific circumstances, the local first price also is expected to continue to run with the general trend becomes weak consolidation. Thus, under the condition of the market demand has not improved, the factory price from up to down, reflect to the fourth quarter of hong kong-listed expectations. Steel traders mainly to inventory, marketing resource specification is complete, shougang goods less expensive steel resources section specifications. In August this year is different from the usual, market activity is low, the downstream demand from August, compared to no avail. Traders mentality pessimistic, think less likely prices this month. Because demand is difficult to enlarge, recent market performance, or will be difficult to live up to expectations. Taken together, the local market in the short term is expected to more likely to carbon knot narrow plate price consolidation, material of stainless steel slab in a state of stability, after earlier gains can maintain stability is visible now raw materials market supply and demand is still reasonable. Macro to work in the second half of the meeting tomorrow, management policies and will directly affect the market point of view, let's wait and see. Short-term if tube factory can steady gains, 304 stainless steel band as a direct purchaser of all the traders must also adjust the price at the meeting. So to sum up, the short term the market is expected to rose slightly.
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