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304 stainless steel with merchants accompanying intend to high - adjustment Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-06
Although early value, money pressure eased, but general demand performance, combined with early shagang policy did not pull up, confidence in the market, price stability weak adjustment this week.
For next week: 304 stainless steel with market supply pressure, follow up slowly, but demand is still outstanding contradiction between supply and demand, and probability of shagang horizontal pushing a new policy, also hard to boost business confidence, are a drag on the market price decline.
Ore has strong outside, on the other hand, the bottom line, there are certain support, or the price is low space is limited.
Taken together, is due to weaker narrow run next week.
After the arrival of the increase in cold rolling businesses vulnerable to slow mentality pressure on prices, but according to the current C is expected to cost about 2550 yuan/ton, cold rolling process cost 500 - plus
600 yuan/ton, the spot price and down into the had formed, almost no profit to speak of, so the cost containment cold rolled down the space is not large, plus some steel mills recent overhaul, is expected in May for maintenance, the influence of production output for 73.
80000 tons, and in recent months in the steel mills centralized bid dense phase, merchants cautious wait-and-see mood, so expect the next cold rolled price is subject to, stability of consolidation.
This week profiles with drop in overall price stability, market or are in a tight trading range adjustment trend, market sensitivity to price is higher, the price slightly lower, clinch a deal was quickly follow up;
Slightly after prices, steel mills shipment immediately slow down.
Thus, the whole market for the afternoon market still is in a state of very uncertain.
Specific view, material price rise before they fell this week, the overall volatility, clinch a deal the performance in general.
the profiles for the adjustment of the market to range trade situation is given priority to, at the bottom of the 304 stainless steel belt price compared with the early stage of the uplift. But most vendors to steel market this year, the trend is not very optimistic, money also face the greater pressure, therefore the operation is generally not positive, cautious wait-and-see. Plus the upcoming summer for the traditional, weak downstream demand, is expected by the end of the month will dip type price, advises clients increases with the increasing in the keep inventories low. Next week, weak trend continuation narrow L290 pipeline pipe market. Plating market steady weakening operation in this week, after opening the downstream demand is moderate, purchaser periodic inventory, and then plating market and a half weeks to return to the tepid state, goods is slow. Specific, individual steel circulation of north China resources tight, prices edged slightly up, and other resources merchants slightly weak shipments. Weaker in east China price stability, of which rural part region early taut specifications have expanded, so price a little back, including local caitu callback rate is bigger, shagang hot this week slashed, C drive private steel mills price cut. Highlighted this week, a decline in central China, zhengzhou, wuhan and other places the price down, drop 50 - Around 120, main demand deviation, and cost is lower, could not support the market, merchants helpless on impulse; Stability in the south China have fall, affected by wet weather, trading slightly dodge, the saddle, benxi steel resources lowered obviously, 304 stainless steel with merchants accompanying adjustment will high.
the profiles for the adjustment of the market to range trade situation is given priority to, at the bottom of the 304 stainless steel belt price compared with the early stage of the uplift. But most vendors to steel market this year, the trend is not very optimistic, money also face the greater pressure, therefore the operation is generally not positive, cautious wait-and-see. Plus the upcoming summer for the traditional, weak downstream demand, is expected by the end of the month will dip type price, advises clients increases with the increasing in the keep inventories low. Next week, weak trend continuation narrow L290 pipeline pipe market. Plating market steady weakening operation in this week, after opening the downstream demand is moderate, purchaser periodic inventory, and then plating market and a half weeks to return to the tepid state, goods is slow. Specific, individual steel circulation of north China resources tight, prices edged slightly up, and other resources merchants slightly weak shipments. Weaker in east China price stability, of which rural part region early taut specifications have expanded, so price a little back, including local caitu callback rate is bigger, shagang hot this week slashed, C drive private steel mills price cut. Highlighted this week, a decline in central China, zhengzhou, wuhan and other places the price down, drop 50 - Around 120, main demand deviation, and cost is lower, could not support the market, merchants helpless on impulse; Stability in the south China have fall, affected by wet weather, trading slightly dodge, the saddle, benxi steel resources lowered obviously, 304 stainless steel with merchants accompanying adjustment will high.
