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304 stainless steel with profit pressure - again Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-13
Domestic steel sales pressure increase; Although have river steel price decline is slowing, but it can't prevent the market price decline; Near the end of 304 stainless steel with dosage's biggest construction industry demand is weak, the north has a lot of site shutdown, south the wet weather plus local rain recently also have site shutdown phenomenon, for withdrawal of funds, also many businessmen to choose low stimulation for shipment. Under hong kong-listed a sluggish market, plus iron ore, the weaker the tangshan billet fell to 2000, escape down the road. Although east shagang leading steel plant in this fall rally has yet to have a operation, market traders generally poor mentality, turn first, before working buddy or career change or transformation, in the face of the new normal hong kong-listed, persistence is a road full of thorns. Macro short-term temporarily no major good news now, short-term hard to scrap. South China wire spiral slide, clinch a deal, the downstream for billet procurement cautious, north weak stock market do not change, merchants bearish sentiment strong, short-term weak stability. Despite the policy limit, but still could not prevent a drop in steel prices, the actual transaction price dark drop phenomenon is obvious. In the past years, sum up the steel industry, is struggling. 304 stainless steel with costs rising, keep the iron and steel industry in the era of meager profit of overcapacity in the struggle. Meager profit era, this is not a new word, but after a long after the renovation of the steel industry still can't get rid of the fate of the loss, this is worrying. Although there are signs of improvement in our economy, but the steel demand is still no change, the state environmental protection regulation, unprecedented for iron and steel industry faces greater pressure. For iron and steel industry to improve in the second half of economic stabilization and cannot stop the pace of their losses. Not only not stopped, this kind of losses has expanded. As to why mills, struggling for a long time, loss of area is gradually expanding, this was related with the cost of steel pressure. In the past year, we will find that steel prices and iron ore prices are in decline, but depressing that steel prices decline speed is more than a drop in iron ore prices, which leads to the cost pressure surge, chongqing spiral pipe down for a long time, make steel mills profit crisis, or directly facing losses. Countries to strengthen environmental protection policy, the steel industry suffered unprecedented pressure, but from the point of this regulation, mainly of small and medium-sized steel mills in hebei area affected by the largest, and most of these small businesses for construction steel products manufacturers, environmental protection, make a large part of the building steel mills facing the threat of production, production, or exit the market, production has been suppressed, so after October, the market of construction steel tight marketing also let many steel mills profit. But, unfortunately, this trend did not last long, with the arrival of winter, the downstream demand, let 304 stainless steel with profit pressure again.
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