304 stainless steel belt to continue downward turn - today Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-09
304 stainless steel belt to continue downward to trim today.
Worst way of thick plate, commonly used specifications of the mainstream region's lowest carbon plate has been to 2110 yuan, price of steel lock force to 2120 yuan, even so, the lock is still poor, medium thickness plate market 2100 yuan mark have close at hand.
Rebar market small part price is coming up, but business under weak demand situation of weak market prices rise appears more embarrassed.
Hot rolled coil plate first-tier cities prices have close to 2300 yuan, the 2300 has been out of reach, the manufacture market continues its continued unilateral Yin fell momentum.
Upstream billet prices hovered near $1970 strong in the future, more appear lower today, continue to timber market overall mood.
From the point of the present, demand caused by the downturn in the market pessimism intensifying is worsening, and commodity shock and low quantity of imported ore to the port in the late will rise obviously, under the pressure of the timber market still need to continue to decline.
Adjustment of the hong kong-listed China is pretty bad, but in the clinch a deal the macro factors inside and outside, mentality and money, and does not appear obvious improvement or support circumstances, the overall 304 stainless steel belt market dip will still continue.
While the market's biggest hope now is still in the hope of further power of fiscal policy and steel mills cut production overhaul efforts synchronous enlargement, expand resources demand, resources supply, reducing the market price is below the formation of substantial support.
For hong kong-listed, however, the overall price in downward adjustment process, while demand is still weak, but with bad after release, phase plate days of push up, thinking constantly emerging, at the bottom of the price further down the buffer, or will accelerate the pace of steel price bottom.
Therefore, it is recommended that the hong kong-listed, pay close attention to.
qing in the face of high temperature, the rainy season in June, tight finances, combined with the years of 304 stainless steel market prices continue to shakeouts probability is bigger. Ore market has continued in April and may rebound pattern, it will continue to rise in June of smelting iron and steel enterprise cost. 'Cost up steel prices down will permeate the entire' in June, so in June, the iron and steel enterprise profit increasing difficulty. June steel market to maintain a weak decline, the market overall shipments is weak, businesses reflect daily turnover has dropped year low. Steel mills in early the arrival of the goods is not much, the businessman in order to reduce inventories, low-cost delivery better, merchants to low price quotation. According to weak demand, steel circulation market activity is not high. , according to the partial enterprise sales fell, the downstream orders, steel trade enterprise bearish psychology is aggravating, 304 stainless steel with a purchasing willingness to reduce, the overall judgment on June steel circulation market demand weakened sentiment.
qing in the face of high temperature, the rainy season in June, tight finances, combined with the years of 304 stainless steel market prices continue to shakeouts probability is bigger. Ore market has continued in April and may rebound pattern, it will continue to rise in June of smelting iron and steel enterprise cost. 'Cost up steel prices down will permeate the entire' in June, so in June, the iron and steel enterprise profit increasing difficulty. June steel market to maintain a weak decline, the market overall shipments is weak, businesses reflect daily turnover has dropped year low. Steel mills in early the arrival of the goods is not much, the businessman in order to reduce inventories, low-cost delivery better, merchants to low price quotation. According to weak demand, steel circulation market activity is not high. , according to the partial enterprise sales fell, the downstream orders, steel trade enterprise bearish psychology is aggravating, 304 stainless steel with a purchasing willingness to reduce, the overall judgment on June steel circulation market demand weakened sentiment.
