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A few stainless steel belt mixed - adjustment Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-08
Domestic steel prices continued to fluctuate narrowly, stainless steel take steady operation has come up, parts of zhengzhou, Shanghai, hangzhou, guangzhou, tianjin, handan, rebar and hot rolled prices have pull up 10 -
20 yuan, and a period of hot rolled plate but by rebar futures prices sharply lower and discontinuity of circulation market resource etc. , on the whole shipment is not the amount.
Compared with steel lock price continue to cut drag wuan region, at present wuan region mainly carbon steel mill's mainstream specifications lock price dropped to 2720 yuan of medium plate, medium plate market regional prices remained steady weakening, cold-rolled market also maintain the recent downturn.
The upstream steel billet prices continued stabilisation, watching, market holiday atmosphere tend gradually thick, is expected to go tomorrow regional price or more comfortably.
in the Chinese steel mills for iron ore demand has been reduced from record highs, instead of a global mining giant cut supply, but want to take advantage of large-scale production costs, to seek profits. , including Rio tinto, the international iron ore giant expansion has sharply, so as to achieve the purpose of cost reduction. In the first half of this year, Australia's biggest iron ore supplier Rio tinto shipments rose 20% year-on-year, its record in the company. Perhaps, stainless steel belt mining giants are anticipated demand will decline, but I don't believe that time is so fast. Now they are facing a dilemma: on the one hand, then play 'price war' will lead to the 'results', investors are questioning; On the other hand, if not already in order to maintain high prices, other high-cost mines are due to fast expansion, mining giants are difficult to obtain the benefits of cost reduction. The personage inside course of study says, now, iron ore prices fell again and again, for the iron and steel industry in China. China's steel industry companies are coming out of the 'winter', overall profit is expected to better than last year. Now to determine China's steel industry has already reached the peak too early. The current steel industry's mission is to adapt to the entity industry structure adjustment, upstream and downstream industry rebalancing the improving economic environment both at home and abroad and recovery is a slow process. In the period of three to five years, therefore, will fold a batch of enterprises, but the steel industry will not collapse, but after adjustment will be better. August real estate investment growth continued to fall, the new construction area, completed area and for sale area, a dramatic increase from the real estate market in the 'golden nine silver ten' traditional peak season off to a bad start, seamless steel pipe for weakening the current real estate market inventories continue to increase, the late destocking will directly weakening property market demand for steel.
together with yesterday's stage screw sharply decline, combined with the market, strong wait-and-see mood overall, frustrating the construction steel prices continue to rebound; And considering that today is the last trading day, so today's mainstream trend will be steady consolidation is expected to run, does not rule out a few stainless steel belt mixed adjustment.
in the Chinese steel mills for iron ore demand has been reduced from record highs, instead of a global mining giant cut supply, but want to take advantage of large-scale production costs, to seek profits. , including Rio tinto, the international iron ore giant expansion has sharply, so as to achieve the purpose of cost reduction. In the first half of this year, Australia's biggest iron ore supplier Rio tinto shipments rose 20% year-on-year, its record in the company. Perhaps, stainless steel belt mining giants are anticipated demand will decline, but I don't believe that time is so fast. Now they are facing a dilemma: on the one hand, then play 'price war' will lead to the 'results', investors are questioning; On the other hand, if not already in order to maintain high prices, other high-cost mines are due to fast expansion, mining giants are difficult to obtain the benefits of cost reduction. The personage inside course of study says, now, iron ore prices fell again and again, for the iron and steel industry in China. China's steel industry companies are coming out of the 'winter', overall profit is expected to better than last year. Now to determine China's steel industry has already reached the peak too early. The current steel industry's mission is to adapt to the entity industry structure adjustment, upstream and downstream industry rebalancing the improving economic environment both at home and abroad and recovery is a slow process. In the period of three to five years, therefore, will fold a batch of enterprises, but the steel industry will not collapse, but after adjustment will be better. August real estate investment growth continued to fall, the new construction area, completed area and for sale area, a dramatic increase from the real estate market in the 'golden nine silver ten' traditional peak season off to a bad start, seamless steel pipe for weakening the current real estate market inventories continue to increase, the late destocking will directly weakening property market demand for steel.
together with yesterday's stage screw sharply decline, combined with the market, strong wait-and-see mood overall, frustrating the construction steel prices continue to rebound; And considering that today is the last trading day, so today's mainstream trend will be steady consolidation is expected to run, does not rule out a few stainless steel belt mixed adjustment.
