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As a whole stainless steel with the market demand is still not see obvious improvement Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-05
This week, the domestic stainless steel market remain weak, many areas of general price reductions, the downstream steel purchasing motivation is still lacking, clinch a deal more weak. Influenced by steel billet to pull up sharply last weekend, hebei and shandong ex-factory price rise, large deposits surrounding ore price to rise modestly, improved business confidence; South fill down, on the afternoon on businesses more, steel mills continue to suppress the ore price. Steel mills blowing coal stocks fell, but the decline slowed, mainly cautious purchasing, domestic coal injection in the short term the market is still expected to give priority to with weak, injection coal prices this month or still is given priority to with weak downward. Clinch a deal the market at present situation gradually returned to normal, the downstream demand began to increase. The northern port benefit from large coal enterprises' combination valuation and consumption enterprises' coal purchase demand gradually release the reasons, the influence of volume rebounded this week situation clearly, trading volume has significantly improved the previous time. And southern port area, the current high card coal cargo shortage and objectively also contributed to the high coal price increase, but the actual transaction, minimal impact. Taken together, the good basic not to significantly improve the overall market development, the future a period of time, fear will still maintain a small stainless steel belt price shocks. Because domestic steel billet prices rose too fast, and under the condition of market demand remains weak, near the weekend, the billet market slightly adjusted, prices have to decline. Upstream from the current situation, iron ore, coke market mixed, downstream products material market rally slow, billet market this week is expected to a small adjustment. But as to further improve the downstream demand, market defensive significantly increased, so the prices will continue upward after consolidation. The domestic pig iron market consolidation run slightly, clinch a deal in most light. Raw materials market weak steady this week, import ore prices began to fall, after rose slightly to the pig iron market unable to form a strong support. Taken together, the domestic pig iron market next week is expected to weak stabilized. In north China market agent rose slightly. Weeks ago, with the driving up of the domestic steel market, together with some small iron and steel enterprise is an increase in the price of iron ore procurement, hebei regions such as the iron ore market price is up slightly, but the overall demand is still weak, a price weakness, participation enthusiasm is not high for most manufacturers, more than in a wait state. Shanxi area ore selected enterprise are psychological strong, but the market to clinch a deal a moderate, make the rise in prices. In north China market is expected to continue to stability. Steelmaking pig iron market this week weak stable, individual regions clinch a deal the better. Downstream market failed to continue last week's rebound, most areas offer fell again, because of this, the steel mills for iron crackdown is. Well while individual iron works this week shipments, but iron works, said is still in a rational view, prior to the actual demand to completely, steelmaking pig iron prices there would be no big changes. Foundry pig iron market this week with small consolidation is given priority to, the iron works have different shipments, clinch a deal with a single discussion is given priority to, more inventory after selloff has some iron works digestion, but as a whole stainless steel with the market demand is still no obvious improvement.
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