304 stainless steel belt - market shows great bear market Tianjin stainless steel co. , LTD

Price of steel billet continuous small drop of north China this week, prices of 304 stainless steel belt delivery is not ideal, lead to most manufacturers are still bearish market outlook. It is understood that in recent period of time of tangshan area of finished material market is relatively light, metal rolling factory profit space is very limited, and the bank of smoke that afflict, rolling enterprise loan some manufacturers even shut down. As a result, its purchases of billet, lead to clinch a deal the billet market downturn. In addition, the phase of the screw in the market mentality to hit, most manufacturers of steel billet afternoon don't look good. It is important to note that although the hong kong-listed is so weak, but because raw material prices are low, so the continuous casting and rolling of the steel production is still profitable. Parts manufacturer said: currently, tangshan region steel steel-making profits in 100 yuan of above. Situation at present, weibo rolling profit, factory funds tension will continue, so the late production, collapse phenomenon or will increase, resulting in billet market continues to light. And steel-making profits to fair, and raw materials are still hitting a space, so the expected market will continue to be a small decline in late 304 stainless steel belt. East China coke inventories have declined obviously, and starts a slight increase over the week, but because of environmental problems, lead to short-term still starts is limited by the local environmental protection policy, most remain under seventy percent, and the overall supply pressure still remains, in the short term is not expected to rise substantially. Affected by the steel market is still at a disadvantage, coke prices rebound in the region is difficult, the late situation is not optimistic. Domestic silicon manganese positive direction stability, clinch a deal the price than the previous slightly higher; Domestic ferrosilicon market stability in the positive, clinch a deal acceptable; Domestic molybdenum, clinch a deal, the price shows the pattern of shock consolidation; Domestic vanadium market continues to show a slight downward trend, the price is still a small rebound from last week; Domestic tungsten iron market running smoothly, the market demand increased, 304 stainless steel belt manufacturer shipments acceptable; The domestic market of titanium iron run smoothly, all manufacturers offer maintain preliminary level, the total volume was light. Dalian futures since last traded iron ore, and the overall situation is not optimistic, only appeared briefly in March rose, then all the way down, but also record low recently, center of gravity down continuously, the fundamentals and the spot market can't see much support factors, the iron ore futures price after a period of adjustment, more likely to continue to fall. As a result, the spot market under the condition of the contradiction between supply and demand is still prominent, hitting a chance to increase, the market is still hard to find stop falling. Steel market has been in a state of decline, but its decline has dropped significantly less than the price of iron ore market, and with the lower iron ore prices, steel market cost line down, made of 304 stainless steel with the state of the market is big bear market, continue to fall the possibility of ascension, and the profitability of steel companies suffered a challenge, or further increasing the operation of the iron ore market pressure, to some extent or accelerated ore price decline.