304 stainless steel with price volatility - this year Tianjin stainless steel co. , LTD

304 stainless steel with volatile prices this year, the market adjustment, vale, Rio tinto and BHP billiton mainstream continued expansion in mines, betting on high-cost producers will be excluded from the market, as imports continued to fall, non-mainstream mines abroad also speed up the parking, the late hong kong-listed faces many unfavorable factors, seasonal and year of funds will be formed on demand, though last month the central bank to cut interest rates policy, it did reduce the industry financing costs, but for the iron and steel industry, capital tension difficult substantive relief, and at the end of the steel reach intermediaries funds will be more tighter, the late steel price trend is very bad. The contradiction between supply and demand of the market is still sharp, but cost rebound or to form support steel prices, on the whole, the late 304 stainless steel belt in disadvantaged consolidation. Volume is still light today, the weather has turned cold, and rainy day in a row, the market volume is more cold and cheerless. Suddenly last week the central bank to cut interest rates to boost the market information, but persistent remains to be the test of time. Now merchants due to the cautious market this year, coupled with the north market due to the cold weather has become weak demand, the impact of the xinjiang periphery, such as steel mills increase; Moreover in steel mills profit space, high productivity, also began to fierce competition, between various steel market price support strength decreases. Merchants consultation understand, on the one hand, demand for smaller inventory pressure; Leading mills began limited valuation on the other hand, the impacts of different steel mills in the local market is gradually obvious, now on market supply and demand imbalance increase production, so most traders think prices will continue to fall. 304 stainless steel with low volume, southern rainy further reduce terminal purchasing intention, although individual regions are still out of stock, but the majority of merchants sad mentality, dark phenomenon common drop shipment. Is tomorrow's market stability in weak, it is suggested that businesses maintain low inventory operation. Poor spot market clinch a deal the bearish influence on phase screw, screw or weak consolidation is expected to short-term period. Construction steel spot market, the overall performance available 'weakening', described the early comparative shortage of metal resources are replenished, and factory price is given priority to with cut, the market has brought a certain amount of downward pressure. In addition, the current coincided with the end of payback period, there is no lack of merchants dark down the promotion, the overall performance is weak. After the truth, announced on Friday the central bank to cut interest rates, many businessmen to the market this week full of expectation, but with the tangshan billet high 30 on Saturday, Sunday dropped back after 10 lessons, you both are rational, can also be helpless in the face of reality, to clinch a deal to decide the price. Short-term weak scrap steel do not change, but after the wave down, in the late fall and losses will be narrowed, traders, after all, already very difficult to low-cost resources, supply will appear a certain degree of atrophy, to a certain degree of price support. Downstream businesses still bearish strip steel welded pipe market after the settlement, think welded pipe factory price still have to continue to test space, so the enthusiasm of recent business replenishment is low, at the same time gradually cut the market price is to promote sales. Overall, 304 stainless steel prices continued weak consolidation trend.