After supply pressure will be increased - stainless steel belt Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-06
Recent stainless steel belt up before they fall, at the end of basic to steady itself;
Maintain good to stock market, but demand than previously expected slightly;
Weak economic situation, steel, raw material supply pressure to return to the high cost of the bottom are on the market caused a degree of repression, so in the coming in May, the market will be how to deduce, please follow the author into today's discussion.
Early by skyrocketing steel billet steel and in a short time, the spot steel prices in a wave of rapid recovery, and the long steel prices rise trend is to a certain extent, to stimulate the intermediary market and part of terminal with bottom replenishment;
But as the intermediate huang goods end, steel prices rebound to a certain height after clinch a deal the stress significantly.
To start mid month, in the period of continuous steel callback and inventory efforts to slow effects, such as steel prices return to weak, after adjusting prices rise;
Dash forward show at the end of a lot of positive stimulus, steel price pressure against the funds gained momentum strong and solid foundation for the coming may.
Stainless steel with a rapid rebound, steel billet, import ore especially;
Increase but it appears mills is not buying it. After purchasing is very cautious, raw material market short-term surge behavior failed over, the second half to shock the weak market.
In less effective trading day, plus holiday atmosphere heavier, the domestic steel market last week trading atmosphere obviously weak;
Although there are a certain amount of the replenishment before purchasing terminal, but because of money tight and afternoon hold wait-and-see attitude, purchasing power are limited;
Steel plant resources, the arrival of the goods is increasing, so the market to inventory is limited by certain efforts, focus on urban steel social inventory is to realize 'nine straight', but fell significantly lower speed, medium thickness plate and other varieties of individual stocks continue to modestly.
Market feedback, negative is gradually increasing, 'financing' risk continues, import ore prices fell to near $100 mark, billet during the holiday season with weak rebound, coking coal and scrap steel overall stabilisation, spot the cost of steel support obviously inadequate;
So the pickling seamless steel tube weak pattern continued stability.
Steel production is still remain high supply pressure continues to increase.
But steel mills have a certain profit space, at the same time, the spot businesses continue to give priority to with low inventory operation, affected by the financial constraints and insufficient confidence in afternoon, merchants' enthusiasm is not high, order inventory pressure to steel mills internal transfer, has forced steel mills continue to cut the ex-factory price to attract orders;
So after stainless steel belt supply pressure will be increased.