304 stainless steel in the short term will bring market price or slightly adjust the run - Tianjin stainless steel co. , LTD

The current domestic construction steel market is relatively weak, 304 stainless steel prices continued to fall make steel mills profit space is little, some conditional steel mills have been gradually reduces the production of construction steel, production has a certain profit space plank; Second, China's steel exports continued to rise since 2014, 1 August accumulative total exports of 56. 83 million tons of steel in China, rose to 35. 4%, a record high, under the condition of continued weakness in domestic demand, a large number of exports to alleviate the domestic supply pressure. But from the point of the price, still have no advantage, there is a 'price for quantity' phenomenon; Third, the fourth quarter of this year the north surplus production situation still exist, 'BeiHuo south' pattern will appear change, given the weak steel market demand across the country this year, BeiHuo south the situation is not optimistic. Finally, the current in north China steel mills, noting that the generally high utilization basically maintain full production, supply side pressure remains, demand recovery, if not effective future 304 stainless steel belt or will be further pressure on the price. To sum up, domestic hot volume affected by maintenance in October, a sharp production, but due to the order reduction from the varieties of steel, causes to market resources did not reduce, the late market will continue to sell under high pressure. Although ease within rises underpowered gap, but they account for less. Merchants and downstream inventory will is strong, well stock market volume, the domestic market running smoothly as a whole. Nearly stage, tangshan billet vane market plunge after 2350, downstream and merchants began to bottom, clinch a deal at that time, the highest prices rebounded to 2470, but eventually support because of demand, the last two weeks and back down to 2400 $20 shock consolidation. The author expected the market in 2400 at the bottom of the psychological, the market outlook is expected to pessimistic has been eliminated. But as the leading market prices remained low consolidation, made of 304 stainless steel with merchants for expect lower prices rebounded, so began to reduce the price, and, because of the large gap is still in the short term, there are still expected to decline. On the inventory merchants inventories are low, large inventories are only around 1000 tons, and in the short term without replenishment plan.
according to merchants feedback, clinch a deal because of the poor, the available resources to rise faster, and near the end of the market has been facing the receivable demand, price pressure. The other know, cangzhou iron is given priority to with straight hair traders in advance sales order in February, 2440 - quote low 2480 yuan/ton, visible market bearish sentiment, therefore shipment arrangements in advance, in order to decompose the lunar New Year holiday inventory increase risk. Now, even if the price promotion, clinch a deal is not very ideal, large volume in 200 - more today 500 tons, with no support of downstream demand at present, the market is likely to vicious competition, is expected to short-term local higher risk to continue downward. Most downstream site due to near the end of the year, the local market has begun to gradually cease, and for the demand side caused certain suppression, combined with the material into the north more impact strength is larger, price is lower than the local market price, so that businesses, weakening the overall mentality is now in seasonal off-season, no positive information, macro, steel trade, without much direction, for the coming year is given priority to with shipment, has no intention to stock up. Is expected in the short term will 304 stainless steel market prices or slightly adjust the run.