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304 stainless steel with continued weakness Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-08
Early period steel continue to low opening shock, could not lift the spot market.
Costs, coke, iron essence pink price fluctuation is not big, 304 stainless steel belt is given priority to with stability, at the bottom of the spot without strong support.
Aspects of supply and demand, around the actual clinch a deal yesterday, steel mills in the arrival of the goods quantity is not much, same around stock co. , LTD.
Macro aspect, the property market weakening effect on the overall economic environment is self-evident, steel trade enterprise in particular construction steel traders are more pessimistic.
In may for the rest of the time, most traders said is not optimistic, but think prices continue to fall is relatively limited space.
Although some time ago, on the other hand, most of the steel mills declared overhaul production, but still in March and April in statistical output hit a record high, the future for a period of time the spot inventory pressure effect on the market or will effect.
Is expected in the near future trends will give priority to with small fluctuations.
In little profit, under the condition of increasingly heated competition in the market, should be less steel production cost is good in recently has become a drag on the steel mills cut there's the price of the finished material.
And after the cut sheet steel futures prices in June baosteel, wisco has been introduced in June plank price policy also maintain a lower tone, compared to the recent hot rolled the weakness of the class grade wood price, cold rolling, pickling, galvanized, such as less overall performance to price, high value-added products in the current steel target transfer downstream development and regulation of market economy, or less will abandon its trend, 304 stainless steel with share or will increase, and with grade wood products price difference or to shrink, too.
Must run, steel price short-term hard to weak, Yin down trends will continue, and the adjustment of product structure also cannot be ignored.
Average, while the current demand is still weak, the vulnerable environment difficult to change, but the stock is low, and considering the current most varieties has been relatively low prices, is expected next week hong kong-listed overall prices continue to fall, but fell or narrow.
price shock weakening domestic hot-rolled coil plate today. In macroeconomic data, phase plate groaning under downward and spot light volume, 304 stainless steel belt remains weak. At the same time, after June plank price policy by baosteel, wisco is introduced in June, price policy, pickling, cold rolling, prices are down, and from the point of cold-rolled market's recent performance, is affected by the regulation mechanism of market products, under the market is the trend of The Times, and next week will be the leading steel concentrated order node, merchants will increase to the requirement of the receivable, late or difficult to firm offer, part or weaker strength will be increased. In the first-tier cities offer steady weakening, clinch a deal the mediocre and poor go goods. Steel mills, after baosteel cut sheet for June price policy, wisco is introduced in June plate prices, including hot rolled flat, pickling, cold rolling down. Late policy or maintain the stability of small and medium-sized falling tone, the whole of the spot price is difficult to play a supporting role, combined with the financing risk concentration, ore price falling down steel production cost, in the current steel mills profit meager profit and competition heats up, that is supposed to be good costs fell instead became weaker steel prices continued to drag on. In China's economic growth slowed markedly and endogenous under the condition of the temporary loss of power, the central bank to continue to stay in the open market today is repo tone, recycling of liquidity, the market itself to adjust continues, the 304 stainless steel with shock weakening pattern or will continue.
price shock weakening domestic hot-rolled coil plate today. In macroeconomic data, phase plate groaning under downward and spot light volume, 304 stainless steel belt remains weak. At the same time, after June plank price policy by baosteel, wisco is introduced in June, price policy, pickling, cold rolling, prices are down, and from the point of cold-rolled market's recent performance, is affected by the regulation mechanism of market products, under the market is the trend of The Times, and next week will be the leading steel concentrated order node, merchants will increase to the requirement of the receivable, late or difficult to firm offer, part or weaker strength will be increased. In the first-tier cities offer steady weakening, clinch a deal the mediocre and poor go goods. Steel mills, after baosteel cut sheet for June price policy, wisco is introduced in June plate prices, including hot rolled flat, pickling, cold rolling down. Late policy or maintain the stability of small and medium-sized falling tone, the whole of the spot price is difficult to play a supporting role, combined with the financing risk concentration, ore price falling down steel production cost, in the current steel mills profit meager profit and competition heats up, that is supposed to be good costs fell instead became weaker steel prices continued to drag on. In China's economic growth slowed markedly and endogenous under the condition of the temporary loss of power, the central bank to continue to stay in the open market today is repo tone, recycling of liquidity, the market itself to adjust continues, the 304 stainless steel with shock weakening pattern or will continue.
