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304 stainless steel belt will face a double test - of subjective and objective Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
As the rest of environmental protection, 304 stainless steel belt has finally started to 'be born' step by step.
Downstream demand slow release and raw material prices falling to rapidly rising steel prices in some 'lonely at the top' feeling, prices continue to fall.
From the current situation, the timber volume low, prices are down, and the ore wave after wave of losses by pressing, billet prices up difficult.
Weak domestic scrap steel market operation, low sales.
Although the finished material spot market still have some varieties of price increases, while running tangshan billet price shocks, but the price of iron ore and pig iron has been showed a trend of cut and domestic steel scrap market rally is contained.
At present most of the steel scrap steel resources inventory, the scrap steel procurement strategy subject is given priority to with a smooth transition, scrap steel procurement is not, as the key for a significant amount of monthly plan to cut.
The demand of purchasing willingness to abate, traders confidence suffered a serious blow, scrap steel market operation is quite difficult.
The recent market is expected to run under pressure.
this week domestic casting pig iron prices remained stable, clinch a deal the situation in general. Parts currently offer relatively chaos, clinch a deal the iron works have different situation. Due to weak downstream casting industry, foundry demand for pig iron is limited but the demand is higher, high quality, low price, low transportation cost of pig iron preferred, so in the same area between the iron works of more fierce competition, some iron works offer inflated, the actual clinch a deal there on space, to ensure the normal shipment. From the current situation, the steel billet market this week after a rally behind, manufacturers to afternoon more rational; And after appropriate inventory this week, the businessman, terminal are some inventory. Iron ore market continuously refresh record at a lower price, platts iron ore index has a new low with the data record, and has a tendency to continue to fall. Weeks, 'soaring' of the domestic steel market senses, clinch a deal the pressure influence, 304 stainless steel with a small price cut, for this is in the midst of a weak iron ore market is more adverse, dalian iron ore futures hit another drop stop board on Thursday, import ore spot prices also heavy discounting, the iron ore spot market fell. A large iron ore producers began to international calls for production increases, but was opposed by the relevant government departments. Highlights both the international and domestic mining enterprises to very embarrassed situation, market prices fell sharply, has large mining companies to the fringes of 'life and death'. Finally, steel steelmaking by turn profit, let everybody afternoon for billets concern gradually evolved into the facts. First of all, the Olympic organizing committee, hebei area environmental protection efforts have weakened sharply. Most surprisingly, unexpectedly a ban on the relatively less polluting rolling mills, billet factory has not the slightest restrictions; Second, with poor PiCai still space, unleashed speed up production of rolling mills, timber volume fell back quickly, procurement of billet will plummet. Sure enough, the increase of the billet, finished product material supply and the present high inventories in the tangshan billet market pressure resistance, has been formed to billet prices and falling process manufacturers mentality has been part of the panic, so the late billet prices will fall, or there will be a long while the lower amplitude is not expected to small. 304 stainless steel belt will face a double test of subjective and objective.
this week domestic casting pig iron prices remained stable, clinch a deal the situation in general. Parts currently offer relatively chaos, clinch a deal the iron works have different situation. Due to weak downstream casting industry, foundry demand for pig iron is limited but the demand is higher, high quality, low price, low transportation cost of pig iron preferred, so in the same area between the iron works of more fierce competition, some iron works offer inflated, the actual clinch a deal there on space, to ensure the normal shipment. From the current situation, the steel billet market this week after a rally behind, manufacturers to afternoon more rational; And after appropriate inventory this week, the businessman, terminal are some inventory. Iron ore market continuously refresh record at a lower price, platts iron ore index has a new low with the data record, and has a tendency to continue to fall. Weeks, 'soaring' of the domestic steel market senses, clinch a deal the pressure influence, 304 stainless steel with a small price cut, for this is in the midst of a weak iron ore market is more adverse, dalian iron ore futures hit another drop stop board on Thursday, import ore spot prices also heavy discounting, the iron ore spot market fell. A large iron ore producers began to international calls for production increases, but was opposed by the relevant government departments. Highlights both the international and domestic mining enterprises to very embarrassed situation, market prices fell sharply, has large mining companies to the fringes of 'life and death'. Finally, steel steelmaking by turn profit, let everybody afternoon for billets concern gradually evolved into the facts. First of all, the Olympic organizing committee, hebei area environmental protection efforts have weakened sharply. Most surprisingly, unexpectedly a ban on the relatively less polluting rolling mills, billet factory has not the slightest restrictions; Second, with poor PiCai still space, unleashed speed up production of rolling mills, timber volume fell back quickly, procurement of billet will plummet. Sure enough, the increase of the billet, finished product material supply and the present high inventories in the tangshan billet market pressure resistance, has been formed to billet prices and falling process manufacturers mentality has been part of the panic, so the late billet prices will fall, or there will be a long while the lower amplitude is not expected to small. 304 stainless steel belt will face a double test of subjective and objective.
