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304 stainless steel with traders are weaker - to offer Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-14
304 stainless steel with stock market this week to continue running in low level, mainly in the province of the second line the billet rolling mills most due to slab insufficient resources, most of the recent factory is existed in the production of abnormal phenomenon, including the middle specification plate are widespread shortage phenomenon. Market resources relatively abundant low alloy plate. A line of steel plant cultivation shagang group and the normal production, but due to walk straight for the main channel, a temporary trade circulation resource. In road resources mainly days steel market. Current market traders enthusiasm fair order, most of the space of the subsequent can have certain market prices, most traders or give priority to with normal shipment, market prices next week is expected to start up step by step. Due to the poor inventory enough but the market sales, so the overall relative deviation Angle steel and channel steel. Market overall inventory remained steady this week, but the sales has deviation, also to a certain extent, affected the market traders mentality. Recently new Oriental special steel market entering the market temporarily general recognition, but the overall quality and the price is still in the high competitive level. Short-term overall, 304 stainless steel with the market price is expected to gradually give priority to with weak smoothly.
the recent poor overall demand, market confidence is a bit short, flat and shagang policy, downstream and cost support strength is limited, and is near the end of, money problems will lead to increased market sell-offs phenomenon. Macro aspect, the federal reserve again sent a reduction in the $10 billion bond buying operation, $backflow and joint operations, such as the hot money out of emerging markets will continue to play in the future, coupled with the current monetary policy tight balance tone, and the real economy itself exists downward adjustment pressure, short-term will continue to be hit. In addition, the phase of the screw and volatile raw material, not a substantial boost on the spot. Weak in the comprehensive consideration, is expected in the near future stability. Hong kong-listed peripheral environment is poorer, percentage of loss-incurring enterprises seriously, spread pessimism, pipe mill and cut policy, clinch a deal without volume; Near the end of the month, inventory pressure, peripheral stimulus is insufficient, aggravating manufacturer bearish mentality. Expected short-term or 304 stainless steel belt market will keep declining. The recent rebar futures rebound fatigue, in the last couple of days after consolidation, more dramatic scene. Local spot, wide range of capital markets did not cause obvious impact to spot mentality, the spot price is still the mainstream rose slightly in the stable. But there are also businessmen reflects high resource shipments blocked, clinch a deal the inwardly, loosening the offer. Another steel plant resources continue to port, yangzhou port inventories continue to increase, in the case of such shipment deviation, merchants anxiety increased significantly. This period shagang, wing steel, zhongtian travel prices stable. Late market prices is expected to or consolidation. And local hot this week, the overall stability of weakening, traders said near the end of the month with fewer resources, the market is already coming off the specification, affected the normal sales, coupled with falling demand itself, 304 stainless steel with traders offer are weaker, but still higher than the surrounding the market as a whole. Other markets this week the arrival of the goods without a lot of resources, local inventory is also continue to decline, according to incomplete statistics inventory in July. About 50000 tons. The main local market is expected to hot-rolled continued weak shock.
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