304 stainless steel with the current basic is in a state of or inability to - Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-08
Domestic coke spot market overall steady running, but influenced by day steel pricing, now part of shandong steel mills to drop 10 yuan.
In addition, attention recently in hebei concentrated repair blast furnace production in north China of the present coke prices downward pressure have a certain influence;
At present main production coke enterprises confidence in afternoon are obviously insufficient, the market operation enthusiasm decline, steel mills will suppress coke prices and cut probability, considering the upstream coking coal prices is expected after 304 stainless steel with old is given priority to with weak downward.
Domestic iron essence pink market relatively quiet, trading co. , LTD.
As the ore market long-term low price running outside, steel mills in ore demand ratio remained relatively high, inside the outside a slight drop in demand;
But with the continuous production, production in mines, mine supply is falling.
Now, passenger car retail largely in line with expectations, the reason is that in September over the same period the fuel-efficient cars of subsidies to exit from the retail on the high side, and the energy saving car allowance is still in the production and new product listing period, retail pull small, in September this year growth moderates.
Unable to support steel prices upward.
Surface micro tend to stimulate and policy is given priority to, good for industry co. , LTD. , and 304 stainless steel belt downstream industry demand is weak, shortage of funds is still the industry norm, steel prices in October or is expected to shocks dip.
National cold-rolled prices weak down this month, steel production enthusiasm high, maintain a high level, supply and demand is fading out, the market price is falling, bearish market atmosphere is strong, the late cold-rolled prices are still falling.
Raw material prices sharply lower, steel mills profit situation overall considerations, cost reduction and brought down the price of steel mill factory space.
In addition, continued to fall, in order to narrow down, steel mills have cut.
On the arrival of the traditional 'silver ten' leading steel mills cut price, take the lead in the board that means its late for market pessimism.
To sum up, 'slack season' is a foregone conclusion, the upstream raw materials decline, support cost little, steel mills had cut will, most of the steel mill capacity utilization rate is higher, the market supply pressure increase;
From the point of the downstream, 304 stainless steel with money is tight and prices falling under the background, basic take low inventory operations, terminal first stock enterprise, the stock quantity are present significantly lower than last year, so during the long holiday, steel mills to produce cold rolled stock and social inventory has the possibility of recovery, coupled with the recent heavy falls in hot rolling and cold rolling down process, there is still a round will continue to test.
Hong kong-listed field in the building, a narrow price consolidation, fuzhou, wuhan and other regions prices rose slightly, nanchang, nanning, most of the region, such as tons price still fell 10, 70 yuan a week.
The analysis in the market, the Spring Festival approaching, merchants gradually away from the city, thinly traded in the market.
After return, steel production, market inventory accumulation after holiday, may achieve relatively high, coupled with demand uncertainty, the holiday market will still under pressure.
304 stainless steel with the current basic is in a state of or weakness.