304 stainless steel with large - afternoon consolidation edged up probability Tianjin stainless steel co. , LTD

Last week at the beginning of 304 stainless steel with the continuation of the sideways market last week, the market price in weak downstream demand, export more accessible workpieces can be sales limited resources under the interaction of factors such as volatile prices is difficult to see, but as prices continue to sideways after 12 days, merchants long plate will fall mentality, on Wednesday when the downstream rolling brush first drop, though general shipment of steel, but the market's price pressure increases, the afternoon billet prices eventually break the calm, back slightly 10 yuan, hong kong-listed whole shipment failed to improve after falling, market blank merchants are still less, then two days billet prices continued to decline. According to recent export orders, at the same time, the downstream rolling plant long-term losses, and difficult to respond to demand, so the production and maintenance phenomenon gradually increased, which lead to reduce the purchase quantity of steel, and while a steel mill in recent part has maintenance situation of blast furnace, but delivery quantity than previous increases slightly, according to rough statistics of tangshan ten steel billet delivery volume 7. 2 w tons/day, supply exceeds demand at present, market sales pressure. Domestic 3003 aluminum rods overall smooth operation, regional ore price fluctuation is lesser, steel mills in a wait state. The overall situation is still not optimistic, in north China still wait-and-see sentiment strong, some mines have lower purchase price. Tangshan tangshan market, domestic ore weak overall market stability, as outside ore prices weak stability, steel demand will shift, reduce ore procurement in proportion, 304 stainless steel belt has been cut. This week domestic ore market as a whole stable running, individual regions slight gains. This week since imported ore strong trend in the market, good for domestic ore form a certain support, tang shan area merchants do much enthusiasm has been aroused, suppliers have to pull up 10 - 20 yuan/ton, also with local steel mills purchasing price to go up, the market transaction activity significantly improve from last week. Bellwether cities of tangshan region has led, but now the steel market performance is not optimistic, finished product material and billet are weaker in each type, short-term domestic ore are imported ore lift a boost, but the long-term trend is not optimistic, so together, in the short term ore market is still difficult to rebound in the round, the recent trend is still given priority to with stability. Domestic mining overall smooth operation, regional ore price changes is very weak, small steel mills purchasing requisition as profits drop and abate, especially the recent late from steel mills will be centralized maintenance, resulting in the late bearish sentiment is aggravating, clinch a deal the relatively stable regional market. The overall situation is still not optimistic, in north China market spread wait-and-see mood, individual businesses start shipment at a lower price, steel demand remain weak, inventory levels have further decline. Domestic ore market stability of small and medium-sized rose last week. Affected by the shortage of supply, and the ore days up to drive domestic ore slightly shang, this undoubtedly boost the home business are up state of mind. Enterprises more than a sales price, some steel mills because of shortage of helpless compromise price, also have secretly price increases, but the downstream weak demand for steel plant, steel prices weak down, steel mills profit contract, purchasing money is tight. Expected afternoon will remain mine strong steel weak trend, 304 stainless steel belt afternoon consolidation edged up probability.