304 stainless steel with merchants for the drained a shipment will larger - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-06
The recent steel prices continued to fall, but the 304 stainless steel belt is gradually falling trend, leading to steel mills to produce profit level is compressed, coupled with rising inventory pressure, steel mills compared to the early stage of the incentive to produce more reduced.
But the majority of steel produced still not real loss, and from the centralized maintenance period of the Spring Festival is a period of time, most domestic steel mills are still maintain the normal production rhythm, only a few mills have routine maintenance case, for the domestic steel overall supply didn't have too big effect.
Overall, after January domestic steel market supply was basically stable, but considering the off-season end demand a rut, and boron steel export tax rebates cancellation after steel exports will be affected by clear, domestic hong kong-listed supply pressure will increase slowly.
Analysts said the mission hills, rebar futures night offer online for the current spot market, there is no much impact.
For traders, as much as you can play a role to remind, the original is only opened to work during the day the futures, now go to work before they can see the transactions, could play a certain influence to its own operating.
However, mission hills said due to the frequent changes in the futures market, 304 stainless steel belt unless it is very drastic fluctuations, otherwise can't always transfer to the spot market.
It also illustrates why the previous day and night, harden, but spot market seems to fall.
For the spot market, mainly with great strength, and the current big market is the main subject to people's expectations about the future.
'Spot traders are rational, the first day of the futures volatility they may not be ignored, they pay more attention to expect in the future, if put in the future, even if the rise in futures in the short term, they also won't go to replenish onr's stock;
But if they feel rise stage, it will certainly to replenish onr's stock.
'For the futures, the influence of mission hills, said.
But, for the 304 stainless steel with market expectations, various aspects are almost fell to a low, therefore, even if the night for two consecutive days, harden, also does not have the mood this rose is communicated to the spot market, 'and now the night just listed, and novelty, in a moment, is the skin.
'
in the short term, steel exports will have fallen sharply, on the rise for the current supply and demand in the traditional off-season for the steel market is more a heavy shell. And China's economic growth fell back will also affect the markets continue to weak downstream demand. Officially adopted at the same time, with the new environmental laws, the businessman to afternoon is panic. Hong kong-listed under this pressure, the price still have certain downward space. Domestic cold-rolled market price swings down. It is billet prices down significantly, tangshan billet once led the country, steel mills ex-factory price drop down again, confidence in the market. In addition, as the economic growth rate slowed markedly, the downstream procurement wanes, market clinch a deal the cold and cheerless. And poor market and capital turnover factors influence continue to exist, and 'and', at the end of the year, especially upstream and downstream had winter will lower, also could not support the market. On average, iron ore, although there are preliminary signs of falling but hardly finished product material performance good, steel production enthusiasm has been reduced, raw materials for the pent-up demand, next week with drop in performance or stability, 10 - 30 yuan/ton; Finished product material leading steel mills ex-factory price drop more rose less, clinch a deal market as a whole has not been effectively improve, and near the end of 304 stainless steel with merchants for the drained a shipment will is bigger, next week is expected steel prices still have negative space, in the 30 - Within 50 yuan/ton.
in the short term, steel exports will have fallen sharply, on the rise for the current supply and demand in the traditional off-season for the steel market is more a heavy shell. And China's economic growth fell back will also affect the markets continue to weak downstream demand. Officially adopted at the same time, with the new environmental laws, the businessman to afternoon is panic. Hong kong-listed under this pressure, the price still have certain downward space. Domestic cold-rolled market price swings down. It is billet prices down significantly, tangshan billet once led the country, steel mills ex-factory price drop down again, confidence in the market. In addition, as the economic growth rate slowed markedly, the downstream procurement wanes, market clinch a deal the cold and cheerless. And poor market and capital turnover factors influence continue to exist, and 'and', at the end of the year, especially upstream and downstream had winter will lower, also could not support the market. On average, iron ore, although there are preliminary signs of falling but hardly finished product material performance good, steel production enthusiasm has been reduced, raw materials for the pent-up demand, next week with drop in performance or stability, 10 - 30 yuan/ton; Finished product material leading steel mills ex-factory price drop more rose less, clinch a deal market as a whole has not been effectively improve, and near the end of 304 stainless steel with merchants for the drained a shipment will is bigger, next week is expected steel prices still have negative space, in the 30 - Within 50 yuan/ton.
