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Although there were signs of a rebound - stainless steel belt Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
Domestic ore market is big mine out factory price, the market bullish atmosphere, import ore prices continue to rise, stainless steel belt market individual regions is still the following line is given priority to, the early stage of the market as a whole is more than a little better, the raw material market's positive impact on the cost of pig iron powerful support, most of the iron works of the late market optimism, but considering the pig iron downstream demand is not good, so the quotation is given priority to with stable for the time being.
Affected by the downstream market demand is weak, some iron works have phenomenon of production or even stop production, so the upstream and downstream market prices did not drive the pig iron market to go up.
Comprehensive consideration, is expected next week domestic pig iron market still is given priority to with stable operation.
with stainless steel with a higher, shandong and other regions ore selected vendors to boost confidence, leading local mines immediately adjusted ex-factory price, the overall increase in 35 yuan, the local mines shipments is slightly better, iron and steel enterprises procurement slightly increased. Continuation of order status is expected in the short term in east China market. Weeks ago, as the finished steel prices rise, imported ore spot market price is significantly higher, platts index rose 3 consecutive days, is adding to the imported ore market rising enthusiasm. But with the steel mill to fill the end of the peak, the purchase will significantly decreased, spot price resistance increases, near the weekend, import ore forward spot and port spot price is all right, most of the merchants to suspend operation, another part of the sellers rotary header. Current BDI dry bulk freight index has been at the lowest since August 2013, the lowest level close to the financial crisis. At present, the coastal bulk cargo ship more goods less market results in the freight rate downward. Although the stainless steel belt shipments to fair, ballast capacity too much negative emotions affect FFA market principals, the overall rate fell.
at the current situation, the contradiction between supply and demand of chongqing i-steel is still obvious, steel mills continued downturn in demand for raw materials and market movements of the late unclear, the above factors make most coke prices of late widely, so expect more than domestic coke market is given priority to with weak next week. This week some production enterprises in north China are influenced by environmental protection inspection or electricity, starts fell, but more for the downstream production line, the blast furnace production less affected. Billet prices rise continuously, but the overall confidence in the market have not boost, partial businessman late to market judgment remains unclear, a pessimistic attitude. East China steel mills purchasing is very cautious, more is given priority to with watching. Stainless steel belt, though there were signs of a rebound, but most of the business to market is still not late.
with stainless steel with a higher, shandong and other regions ore selected vendors to boost confidence, leading local mines immediately adjusted ex-factory price, the overall increase in 35 yuan, the local mines shipments is slightly better, iron and steel enterprises procurement slightly increased. Continuation of order status is expected in the short term in east China market. Weeks ago, as the finished steel prices rise, imported ore spot market price is significantly higher, platts index rose 3 consecutive days, is adding to the imported ore market rising enthusiasm. But with the steel mill to fill the end of the peak, the purchase will significantly decreased, spot price resistance increases, near the weekend, import ore forward spot and port spot price is all right, most of the merchants to suspend operation, another part of the sellers rotary header. Current BDI dry bulk freight index has been at the lowest since August 2013, the lowest level close to the financial crisis. At present, the coastal bulk cargo ship more goods less market results in the freight rate downward. Although the stainless steel belt shipments to fair, ballast capacity too much negative emotions affect FFA market principals, the overall rate fell.
at the current situation, the contradiction between supply and demand of chongqing i-steel is still obvious, steel mills continued downturn in demand for raw materials and market movements of the late unclear, the above factors make most coke prices of late widely, so expect more than domestic coke market is given priority to with weak next week. This week some production enterprises in north China are influenced by environmental protection inspection or electricity, starts fell, but more for the downstream production line, the blast furnace production less affected. Billet prices rise continuously, but the overall confidence in the market have not boost, partial businessman late to market judgment remains unclear, a pessimistic attitude. East China steel mills purchasing is very cautious, more is given priority to with watching. Stainless steel belt, though there were signs of a rebound, but most of the business to market is still not late.
