As a whole stainless steel is quite pessimistic - with the situation Tianjin stainless steel co. , LTD

Domestic stainless steel belt life, up less down several passive state, steel prices is faced with more obvious cyclical adjustment situation. In the downstream market is difficult to have a good drive, under the condition of iron ore market is difficult to share price increases, thus the operation of supply and demand both sides more cautious, late rising market expectations, makes the buyer purchase intention is not strong, negative effect is obvious. Domestic coke market except individual regions reduce small offer quotations are most of the rest area is given priority to with stability, market clinch a deal is as light as a feather. Previous experience down domestic coke market, with the recent steel mills profit improved, the downstream steel prices for raw materials have become less crackdown, plus most of coking enterprises, subject to the limit of the environmental policy, coking plant inventories have declined obviously. Although the price of coke is still low at present stage, but the supply pressure has eased, so this week the market is relatively stable. Above all, next week is expected to domestic coke market will continue to give priority to with stability. This week in north China coke market running smoothly, steel procurement prices also have no obvious fluctuations, how to maintain previous levels, markets wait-and-see atmosphere is still relatively strong. Affected by the previous all kinds of raw materials prices fell, the current mainstream steel mills profit, hence to stainless steel with the reduced price crackdown, in addition, the region's environmental management work is still ongoing, part of the focal company starts is affected by different degree, leading to the coke yield decreased.
after several cuts in early market shows signs of stabilization, local news from cut again on Friday. The overall market is still relatively sharp contradiction between supply and demand at present, most of the coal enterprise inventory is still high, the downstream demand is nothing leads to selling pressure. Several large-scale coal enterprises frequently visit the downstream enterprises, the understanding of downstream demand at the same time increase sales opportunities, but most of the receiving enterprise funds has not been easy, so the inventory control is tight, there is little purchase quantity increase. Less varieties of coal blending is the main coking coal market, some prices have fallen to thermal coal price level. Late market will continue to wait and see the downstream market environment, coal prices again slashed is unlikely, short-term is expected to be stabilizing. Domestic stainless steel continued to run with the overall weak, steel mills in inventory on coal is given priority to, clinch a deal. Short-term steel mills: bad are still more than good, weak steel market will continue, will make the prices under pressure. Coal: coal mine construction in southwest China is still low, pulverized coal resources continued shortage situation, production is normal, other mainstream area coal injection supplies are sufficient. To sum up, short-term domestic injection coal prices under pressure, the market will continue weak run. Now supply situation is relatively loose, inventory also belong to a higher level, the coal enterprise due to poor sales and lower coal prices again and again, also maintained nearly cost line sales prices low. The downstream market situation pessimistic, such as chemical fertilizers, chemical, metallurgical overall weak stability, difficult to have obvious release demand for upstream anthracite, the weak form is likely to continue for a period of time. Anthracite mainstream market weak, prices low. Downstream industry takes the negative environment, unable to support the smokeless coal prices increase. Coal prices can not completely solve the control of the situation, the coal enterprises may be late to control capacity, the overall situation on the stainless steel belt is pessimistic.