After 304 stainless steel belt opening market stemmed - is not as expected Tianjin stainless steel co. , LTD

Although early market financing area is loose, but downstream of the 304 stainless steel with market fundamentals of season highlighted feature completely, and steel, steel billet and the weaker the negative impact of the spot hong kong-listed gradually lose confidence, the Spring Festival will come, steel had winter is still missing, as a result, the demand is weak, the financing side are unlikely to continue to improve under the condition of lack of confidence in the market, the domestic steel prices this week is still expected to give priority to with weak, but the downside is limited. Local market inventory is low, the shortage of the early plate have increased overall, years ago, according to the resources of the merchants in the steel price decline will lower the lock. Short-term supply and demand is relatively balanced, predicts that the recent market prices will continue to consolidate the performance of the weaker. In the province of small steel mills pressure, combined with such as jinan steel plant this month have maintenance. So years ago, steel mills and merchant's game will be intensified, some steel mills have good next year's sales policy, part inventory pressure larger mills is expected in the next 1 - 2 weeks successively introduced preferential policies. Next week is expected to price consolidation weaker as a whole. Japan and South Korea plant maintain a high level operation, factory also has a steady signs of improvement. International credit rating agency moody's European steel sector outlook by 'negative' to 'stability', since October 2011, moody's outlook for European steel sector has always been a 'negative'. So the future iron and steel industry is still maintain a high level, support for 304 stainless steel with price, and conducive to shareholders (ore Big business) Profitability. Plus the release of the region's capacity will be more late, late in the market operation part still need to be careful. Prices strong, difficult to find goods, other specifications price stabilization, merchants, is currently on the market demand is shrinking, and years later at the beginning of February has yet to be restored, it is difficult to shipment, this time can't set the goods, worry about stock increase risk. And as far as I know, each big steel mills for 14 years in January orders are not ideal. Late market prices in the case of the product, will give priority to with stable operation. Poor market demand, the businessman slightly passive. At present, the current funds tension with ease, it makes the market price support confidence. After the angang prices on Monday, the local market prices continue to upside down, jiyuan steel mills today also slashing prices at the same time, the visible local leading steel mills in the New Year at the beginning of the pressure is still large. Taken together, in the short term is expected to local building materials market prices or disadvantaged concussion run. Hot-rolled coil prices did not drive at the bottom of the plate, most businesses market quotations steady running. Current local 304 stainless steel band resources is still relatively tight, price higher than normal 50 yuan/ton, and resources are more abundant, the price is relatively low. From the resource the arrival of the goods, due to maintenance or poor transportation, the recent major steel mills in the arrival of the goods is relatively limited, only LinGang, jisco has arrived at a small amount of resources market. Next week in the chongqing area plate price stability in the strong trend. Later, each big steel part has the resources gradually the arrival of the goods, but there is not much, corresponding to the early to the Chinese New Year atmosphere also let the whole market is relatively flat, expected late prices upward momentum is still lacking. Look from the feedback given by private companies, the recent raw material purchasing is difficult, and next year's policy is not good, so not many stock up ideas this year. Well for now, the cost pressure, therefore, downward adjustment of the power is not high, whole is given priority to with smooth. After 304 stainless steel with open stemmed market is not as expected, but rather because of falling demand, market prices continue to test, especially the factory offer is constantly dip.