Latest products
304 stainless steel with dealers to choose price promotion - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-13
Recent domestic 304 stainless steel in some good news with the market price under the condition of support, and inventory limited, stop falling stabilizing, maintaining low consolidation pattern as a whole.
After the Dragon Boat Festival, the market's overall performance in general, the downstream procurement strength is weak, although traders shipments from first slightly better, but it still shows insufficient.
At the same time, the recent market financing, financing area, traders compressed inventory, continue to reduce inventory, off-season factors such as poor demand and steel mills cut ex-factory price to the market confidence to form a larger pressure.
Synchronous downward, currently, the futures market, raw materials market overall weak market confidence, traders wait-and-see attitude is stronger, thus affecting the spot market price is difficult to rebound under limited positive stimulus, however, because of the limitation of low inventories low price market down further kinetic energy is insufficient, short-term steel prices will continue to shock consolidation.
according to the latest report, in the domestic ore market, the price of iron essence pink hebei region continues to decline, tons of price weekly decline in 10 to 50 yuan. At present, the domestic ore price has been close to the bottom line, cost down space has been squeezed out, in addition to the individual cost control well miners still have profit, most enterprises have lose money. Imported ore price back down the track, was already close to $90 per ton. On June 12, 62% grade platts iron ore index closed at 90 per ton. Price of $75, down 4 dollars a week, from September 6, 2012, 88 a tonne. Only one step away to a low of $5. In terms of overseas mining, Rio tinto's long-term bidding prices to new low, according to the mainstream of mining enterprises more competitive price. Agencies analysts believe that the market is still nervous on the financing side. 304 stainless steel with social inventory size shrink, but very weak downstream demand, import ore port inventories remain high, steel price is the lack of obvious upward momentum, market dynamics. The construction steel market overall shock downward. Hangzhou, nanjing and other more tons price after 10 to 100 yuan a week. Only rare in Shanghai area, because the stock hit a limit, the market price is higher, but the deal is not ideal. People think that in the market, the market is lack of effective demand, the downstream procurement enthusiasm is not enough, will directly affect the market trend of the late.
a narrow market, hefei, changsha, tons of price decline in 10 to 20 yuan a week. At present, there are no obvious good or bad news to stimulate, or maintain a narrow trade in the short term. Medium thickness plate market shock slump, Shanghai, hangzhou and other places tons price after 10 to 50 yuan a week. In Shanghai, the early impact of low-cost resources, market overall quotation slightly weaker, near the weekend, under the influence of the futures market continued to decline, 304 stainless steel with dealers to choose price promotions, among them with burrs plate price decline is more apparent.
according to the latest report, in the domestic ore market, the price of iron essence pink hebei region continues to decline, tons of price weekly decline in 10 to 50 yuan. At present, the domestic ore price has been close to the bottom line, cost down space has been squeezed out, in addition to the individual cost control well miners still have profit, most enterprises have lose money. Imported ore price back down the track, was already close to $90 per ton. On June 12, 62% grade platts iron ore index closed at 90 per ton. Price of $75, down 4 dollars a week, from September 6, 2012, 88 a tonne. Only one step away to a low of $5. In terms of overseas mining, Rio tinto's long-term bidding prices to new low, according to the mainstream of mining enterprises more competitive price. Agencies analysts believe that the market is still nervous on the financing side. 304 stainless steel with social inventory size shrink, but very weak downstream demand, import ore port inventories remain high, steel price is the lack of obvious upward momentum, market dynamics. The construction steel market overall shock downward. Hangzhou, nanjing and other more tons price after 10 to 100 yuan a week. Only rare in Shanghai area, because the stock hit a limit, the market price is higher, but the deal is not ideal. People think that in the market, the market is lack of effective demand, the downstream procurement enthusiasm is not enough, will directly affect the market trend of the late.
a narrow market, hefei, changsha, tons of price decline in 10 to 20 yuan a week. At present, there are no obvious good or bad news to stimulate, or maintain a narrow trade in the short term. Medium thickness plate market shock slump, Shanghai, hangzhou and other places tons price after 10 to 50 yuan a week. In Shanghai, the early impact of low-cost resources, market overall quotation slightly weaker, near the weekend, under the influence of the futures market continued to decline, 304 stainless steel with dealers to choose price promotions, among them with burrs plate price decline is more apparent.
