304 stainless steel fluctuates with the possibility of downstream - Tianjin stainless steel co. , LTD

304 stainless steel belt is given priority to with cut last week. Currently imported ore market running capricious, futures market has been positive financial policy stimulus, import ore forward spot price rises, and slightly active other considering the factor of 'service' for the swap market, the long-term rise in spot prices are understandable, but it is still difficult to drive the port spot prices. Main subject to restocking careful most of the iron and steel enterprises, basically give priority to with on-demand inventory, purchasing quantity small suppress spot prices obviously; Clinch a deal the price, on the other hand, futures rose, also makes some trade negotiating price with spot resources in the space is narrow, but the market turnover of poor performance, still suppress the ascension of the whole market. Last week, the international shipping market rebounded slightly. Steel prices continued weakness, steel mills slowed purchasing raw materials, parts of northeast China iron ore market is weak, the market price of 10 yuan (slightly Tons of price, similarly hereinafter) About the decline. Iron ore market weakness, let some ore selected vendors away from the city, watching, small square tube overall operating enthusiasm is low. Expected later in the northeast market is given priority to with weak steady. Affected, the ferrochrome spot prices are no longer falling, but because of the downstream orders, stores offer is low. In businesses, watching, and under the circumstances of less factory shipments, steel mills without quantity purchase, led to the recent factory shipment is not ideal. Influenced by hong kong-listed consolidation, the recent steel mills or continue to set limit to receiving, and stores offer difficult to stabilise, slow down. The northeast market consolidation trend, the demand side ore procurement enthusiasm is not high. The finished steel demand is not prosperous, the 304 stainless steel with supply and demand both sides generally low, the northeast market prices this week has no obvious change, clinch a deal. Next week the northeast market still is given priority to with weak stability, parts or slightly lower price. Weeks, shandong and other regions of iron ore market performance light, clinch a deal was less upfront, as imports ore port of spot price decline, the local sales more difficult, domestic ore resource and iron and steel enterprises still hope for prices to fall further, the procurement of iron ore resources enthusiasm degree is not high, inhibit the overall market. No positive trend is expected to east China market.
the finished material rising power shortage, the inventory is reduced, but not by much. In this case, is expected in the near future will continue to weak market operation. The domestic pig iron market is still running smoothly, clinch a deal across different situation. Coke market steady this week, a few small regions pull up, import ore prices are still falling primarily, raw material market of pig iron price support strength slightly. Steelmaking pig iron market as a whole offer temporary stability, clinch a deal, the downstream steel, steel billet market volatility, traders operating will is not strong. Casting pig iron market this week, the overall stability, individual regions of high quality cast iron prices rose, parts quote chaos, the downstream demand, most of the cast iron manufacturer about future don't look good. Comprehensive consideration, May Day after domestic pig iron market is expected to give priority to with steady, does not exclude the fluctuates according to the 304 stainless steel belt downstream changes.