304 stainless steel market prices or vulnerable pattern - will continue Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-05
Today, 304 stainless steel prices rise, the market shipments is slightly better.
Recently, the environmental group in tianjin market, the galvanized steel mills are affected by different degree, the news, the recent galvanized tube factory factory prices are pushing up slightly.
Markets, affected by tube factory push up shenyang galvanized pipe market prices to rise significantly.
Merchants reaction, with the rebound, local temperature market situation slightly better compared with the same period last month of shipment, boost market confidence.
This year, but compared with the same period, the local engineering construction is still poor, volume than usual and have a big fall.
Now traders operating is still relatively cautious, take goods with a small amount of replenishment is given priority to, the overall inventory pressure is not big.
To sum up, if the raw material not a significant adjustment, shenyang galvanized pipe prices in the short term is still running smoothly.
Steel trade business confidence in afternoon, wait-and-see atmosphere full-bodied, cautious on the operation, give priority to with shipment.
Due to the upstream or downstream end demand is weak, the steel price is difficult to support, and futures and billet moves slightly weak, steel mills and poor market confidence.
And merchants said clinch a deal in the near few, peripheral market in shenyang, dalian, anshan are mainly fall in prices, coupled with the arrival of the goods in May quantity is more, the steel trade dealer sales pressure, in order to consumption inventory, local building materials steel trade contractor downgrades of market price.
Taken together, in a short period of time is expected to 304 stainless steel market prices or range-bound.
Stabilized after the recent raw material prices rise, although tang jin partial tube factory factory yesterday quoted price to rise, but market overall response lag slightly, Qingdao local galvanized pipe quotation still temporarily stabilized.
Holiday market reaction overall shipments have no obvious change, according to traders to reflect the relative balance, is the current market supply and demand, steel prices for the market a certain support, market demand for the afternoon if there is a substantial progress fully open, most traders are still on the fence.
Inventory, now the market in the short term is not affected by tube factory inspection of environmental protection, market available resources abundant, market makers inventory is still relatively reasonable, in view of the market as a whole about future demand is still on the fence, watching more businesses now shipment, increases with the increasing in the local market a large resource of around 2000 tons.
Considering the recent steel price overall sideways consolidation pattern, in the short term is expected to maintain 304 stainless steel belt price shock consolidation.
Recently, resources have the arrival of the goods in May, but due to various areas the arrival of the goods is different, the price also is adjust measures to local conditions.
Market north, northeast, north and east China market circulation resources less, as a resource supplement market in succession, the phenomenon of goods less ease slightly.
In the case of demand has not improved, as long as Treasury stock is likely to face market risks, so most businesses can keep out the state of mind, as long as can promote clinch a deal, it doesn't matter of appropriate price reductions.
The south market, the recent resources the arrival of the goods is relatively concentrated, merchants admitted that inventory pressure.
After the May Day, the market is still relatively slow, clinch a deal the base without improvement, business sales pressure is more obvious.
In order to inventory, lower price is understandable.
Market mindset, the majority of merchants for cold rolling afternoon is still to come, the steel mills at present stage is a normal production, supply pressure, and lower rolling mill ex-factory prices to the market conduction, the negative emotions;
2 it is to follow up the insufficient market demand, light volume has found it difficult to price.
To this, the businessman pessimism is thicker.
For this reason, in the short term is expected to 304 stainless steel with the market price or will continue to weak pattern.