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Add pressure to further enlarge - 304 stainless steel with resources Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-09
After a heavy rain yesterday, 304 stainless steel belt market more ushered in the long-awaited APEC is blue, white clouds and blue sky looked so nice and warm.
But the domestic steel market in sorching summer as winter depression, brush the part of the finished product material price again low, medium thickness plate price has adjusted to 2100 yuan integer, and the steel mill order is still poor, further reduce the price still is inevitable.
Hot rolled coil plate prices first-tier cities as a whole is broken under 2300 yuan, refresh the last set of the lowest in recent years, the challenge market psychology again the bottom line.
Rebar prices have also been fully adjust last hit a low of $2150 in recent years.
Upstream billet prices firm after wandering, recently gave up to 1950 yuan, 20 yuan from low (just before.
Clinch a deal the weakness is the main drag on the steel prices accelerated decline, and the overall economic data and the popularity of more distractions makes market prices down further accelerated.
Both fixed assets investment, manufacturing sector performance and overall the situation of funds, for the current steel market has no obvious advantage, market weakness to perform behind more embody of 304 stainless steel with high yield hovered under and the overall structure and economic development imbalance, and now there is no obvious improvement, hong kong-listed remain under pressure also will still continue.
throughout the current steel market, under the condition of ore price rebound, timber prices are falling, medium thickness plate market prices continue to challenge the market psychology are the bottom line. Strainght season in June, the weak demand, whether the downturn in the manufacturing data, industrial added value growth rate of decline or investment slowdown or import data, are showing the current China's domestic demand is still weak, years down twice and the substantial effect on the rate cut is not. On demand response is relatively direct and pricing more quickly in the plate market under the drag of the private steel mills price adjustment, spot prices continued rapid falling or is inevitable, and 304 stainless steel with market price adjustments and frequency will be the whole is greater than the hot and cold rolled plate. Domestic shipyard orders fell nearly 12 months, the shipbuilding industry bankruptcies have begun to appear. The overall situation is not optimistic on the financing side, also has the current low. For private steel mills of the mainstream market, the plate tray is still active, some agents use their subscription amount to keep certain level, and then to other agent components, steel mills to get money to arrange production, but now, though the overall easing monetary policy, but for involving the spiral steel pipe of the chongqing business enterprises and loan are the obvious limit lending and closed operation, plus the overall downward price, the resources distribution deviation, make the tray is difficult to carry out business, increased the steel mills pressure digestion of resources. On the market, and in the medium plate set rolling operations are relatively common, businesses with a low inventory, zero inventory operation will risk to a minimum, but weak demand, orders dropped drastically, set rolling business difficult, steel mills resources is hard to get effective shunt, the market is quite big.
together, private steel mills, lock the price policy in the current market situation of the weak demand, unilateral downward further exacerbated the price adjustment of space, and funding constraints below is for medium plate market common tray business, resource distribution is difficult to carry out, steel mills highlighting inventory pressure, combined with the production, resources of 304 stainless steel with new pressure amplifier, bargain orders also become the main choice of the market.
throughout the current steel market, under the condition of ore price rebound, timber prices are falling, medium thickness plate market prices continue to challenge the market psychology are the bottom line. Strainght season in June, the weak demand, whether the downturn in the manufacturing data, industrial added value growth rate of decline or investment slowdown or import data, are showing the current China's domestic demand is still weak, years down twice and the substantial effect on the rate cut is not. On demand response is relatively direct and pricing more quickly in the plate market under the drag of the private steel mills price adjustment, spot prices continued rapid falling or is inevitable, and 304 stainless steel with market price adjustments and frequency will be the whole is greater than the hot and cold rolled plate. Domestic shipyard orders fell nearly 12 months, the shipbuilding industry bankruptcies have begun to appear. The overall situation is not optimistic on the financing side, also has the current low. For private steel mills of the mainstream market, the plate tray is still active, some agents use their subscription amount to keep certain level, and then to other agent components, steel mills to get money to arrange production, but now, though the overall easing monetary policy, but for involving the spiral steel pipe of the chongqing business enterprises and loan are the obvious limit lending and closed operation, plus the overall downward price, the resources distribution deviation, make the tray is difficult to carry out business, increased the steel mills pressure digestion of resources. On the market, and in the medium plate set rolling operations are relatively common, businesses with a low inventory, zero inventory operation will risk to a minimum, but weak demand, orders dropped drastically, set rolling business difficult, steel mills resources is hard to get effective shunt, the market is quite big.
together, private steel mills, lock the price policy in the current market situation of the weak demand, unilateral downward further exacerbated the price adjustment of space, and funding constraints below is for medium plate market common tray business, resource distribution is difficult to carry out, steel mills highlighting inventory pressure, combined with the production, resources of 304 stainless steel with new pressure amplifier, bargain orders also become the main choice of the market.
