304 stainless steel belt tight trading range - is expected next week Tianjin stainless steel co. , LTD

Some domestic started production in mines, 304 stainless steel to port volume increased, the contradiction between supply and demand of iron ore market further. Because of the iron ore market prices have rebounded, according to the current import price rebound after a mine, the production cost of domestic mining enterprises pressure eased, although still in the edge of the profit and loss, some small mill and small mines have begun to production, is expected to domestic ore production is expected to increase. Statistics show that by the end of may, the national mining capacity has reached more than 50% of the high, and has continued to climb, hebei region particularly mining starts to rise. In addition, although the imported ore stocks continued to decline, at the end of may is hitting a year low, but in June the port of imported iron ore will have to peak, the arrival of the goods quantity will be significantly more than two months before, stocks will increase. At the appointed time, the iron ore market oversupply of contradictions will be intensified, difficult to prop up prices continue to rebound. Domestic ore market is given priority to with stability. As ore prices, 304 stainless steel band gap is no longer obvious, steel mills foreign ore procurement more cautious, and the increasing demand for domestic ore, mine whole shipment status began to improve, ore prices is given priority to with steady, temporarily said late mining aspects of the market. Flagging, however, due to the downstream hong kong-listed steel plant maintenance increases, the market demand will reduce, the formation of ore price, individual steel mills have set out to cut the purchase price.
comprehensive consideration, the current domestic steel billet market still is given priority to with inventory reduction, or continuation of the late prices slightly consolidation trend. Last week the tangshan billet market volatility. Week, finished product material market performance good, small narrow strip steel, spiral was slightly pull up, so as to drive the price of steel billet tentatively to rise. But not for long, straight edged up after clinch a deal the billet, finished product material, and most of the rolling mill is eager to collection and began to cut the finished material quotation. At the same time, carbon billet YanGang tome the bidding price is 2849 yuan only, Tons of price, similarly hereinafter) , 41 yuan lower than the market price at that time, significantly lower than the manufacturer's expectations, this makes the most of the billet manufacturers about future lack of confidence. Although the leading steel mill's price will is stronger, makes the market mainstream price stable. But some eager to merchants to actual shipment delivery price space narrowed considerably. And after entering the demand off-season, finished product material Yin fall phenomenon is relatively common, steel procurement gradually atrophic, the raw material price crackdown has also been gradually increase, lead to both price to docking, short-term ore price upward breakthrough resistance is bigger. Thankfully large domestic mine does not reduce the price, in combination with ore price has been part of the background of the rebound of tangshan region, is expected in the near future domestic ore market is given priority to with stability. Imported ore areas: futures resource in the recent market is not much, traders have rised psychology more. Inventories relatively tight steel mills can only more at the port of shipment, port stocks continue to decline. The current steel profit difficult, however, the possibility of the late steel insurance on a large area of production is very big, down about rising ore form a certain repression. In production, new orders index speed down rapidly, finished product material inventories declined slightly, significantly reduced demand iron and steel industry, and the risk of late stock has rebounded. In conclusion, next week 304 stainless steel belt tight trading range.