304 stainless steel belt will gradually became stable and up - Tianjin stainless steel co. , LTD

The shape of the forward market is bound to affect the spot market confidence, is not conducive to the domestic steel prices stabilized. Next week is expected to domestic steel prices will remain weak. Before and after the New Year's day, the domestic steel market prices continue to remain weak. Leading cities such as Beijing, tianjin building price though once a slight rebound, but failed to continue. Shanghai-hangzhou and other southern areas where prices are relatively high in inventory increased, under the condition of 304 stainless steel belt or slightly larger than in other regions. But overall, the domestic construction steel market prices decline significantly narrowed the previous week. Plate prices overall change is not big, but due to heavy plate products in steel mill shipments in handan area increase, resource shortages eased, the rise in prices over the last three weeks, the back slightly. Compared with the spot market, capital market and the forward market performance is poor. Futures prices, electronic plate prices make prophase has slightly ease wait-and-see atmosphere increase again, had originally planned to shoot had winter of 304 stainless steel with the end user or delay of again, this is not conducive to the domestic steel prices stabilized. China's steel industry concentration degree is low, the price of excessive competition. China's steel industry concentration degree rise but not fall, crude steel production of top ten iron and steel enterprise group production accounts for the proportion of the total of 39. 4%, year-on-year decline in June. 5%. Combined with the asset-liability ratio is too high, iron and steel enterprise finance charges in periodic expenses is larger, enterprise debt burden. Other market fair competition, the evolution of the situation is still not fully formed. At the end of this year, steel prices bottomed out, the reason on the one hand is the steel supply, on the other hand is also the sharp drop in 304 stainless steel, cost reduction drive the steel prices falling, in addition to the attenuation of the circulation tank as well as the whole industry chain the shortage of funds. Although the first two months, most of the products with higher is not positive, wisco, angang for high-end varieties of steel price increases have a narrow, cold-rolled resources in March also has slightly raised ex-factory price of 50 yuan/ton. Gradually fade, the influence of the lunar New Year holiday steel upstream and downstream industries gradually returned to normal, the steel mills in March orders a slight recovery and confidence in the afternoon. Although the major steel mills ex-factory price policy has not yet all in March, but according to the author, a line of steel mill order car plate is full, follow baosteel edged up 50 yuan/ton, expected stronger. And march to April is also the traditional hong kong-listed season, also can to a certain extent, stable lower-tier mills mentality, thus reducing the cheap spot resources on the pressure. Above all, baosteel cold rolling product prices to rise, a line of steel mills in the near future will also focus on offer, all is expected to rise slightly. Plus shagang, baotou steel blast furnace maintenance, market atmosphere gradually warming, active market is expected to rebound in March. But given the weakness of the 'four' yue performance last year, is expected to rebound in March to April height is still relatively limited. In the above various factors under the joint action of Beijing area part of the specifications of the rebar prices the possibility of a crash. Later, as the merchants new resources gradually increase, combined with site construction in succession, gradually steady demand release, 304 stainless steel belt will gradually became stable and up.