Bring the price down deep in the rear of - stainless steel
Tianjin stainless steel co. , LTD
Bring the price down deep in the rear of - stainless steel
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-06
As the domestic steel price index to new low, the current steel prices kinetic energy is insufficient, an exodus and rise also is met with resistance, stainless steel belt in the late steel prices will continue to hover at the bottom of the material.
As the steel prices down and repeatedly refresh their lows, steel prices further exodus kinetic energy decreased significantly;
At present, the domestic price has historically low, but the problem is still in the continuous fermentation industry funds, funds have become the most important factors of restricting the current domestic hong kong-listed movements.
The improvement of the bottom line, is bound to boost China's steel pipe trend present low after high before.
And after a long-term downturn in China's steel market, also has a stronger gradually of two elements: one is the hong kong-listed strong external environment gets better.
Including launched a series of micro stimulation effect appeared gradually, during the first half of the second half of the year because of the increase in steel pipe increase the bottom line, and continue to push the incentive measures such as synthesis of fermentation, will form the good than the first half of hong kong-listed development environment stronger intrinsic kinetic energy.
Steel prices after a long decline, has been under wear all of the technical resistance, make 20 # seamless steel tube industry cannot from technical interpretation.
But look from the law of value, the market rules and fundamentals, the bottom of the current steel prices has obviously, empty square quantity can also have close to failure.
Therefore, after the consolidation of a short period of time, late shock rise should be run advocate fundamental key.
If combining macro steel tube growth on the bottom line, in the second half of steel prices rose restorative is understandable, need is also so.
So, based on the steel tube and hong kong-listed trend made to the author, in the second half of the national steel prices will inevitably higher than in the first half of the forecast.
Taken together, on the one hand, the policy makers vigorously promotes the policies and measures to carry out the situation, strengthening directional loose monetary policy in the macro level is good, the market confidence gradually stabilised, short-term domestic stainless steel belt is expected to stop falling stabilization;
The current steel prices, on the other hand, the kinetic energy is insufficient, an exodus and rising prices are still met with resistance or low operation situation for the long term.
Due to the recent poor downstream demand, the businessman think the traditional low season is coming, reduce inventory become a merchant's main melody, predicts that in the current market situation, the status of the prices are still continue to fall.
Real demand so far has not been effectively released, coupled with high productivity, low profits, the debt risk of repression, shipment is not ideal, the market at present market price is also difficult to pull up, and later to the end of the market will be drained of pressure, it also severely dented confidence in the afternoon.
At present, our production capacity is high, the market supply exceeds demand its growth growth, under the situation, the steel price has experienced a long period of decline, is now in a low level, from the point of price operation rule, the price cannot long unilateral downward, so bring the price down deep in the rear of stainless steel.
However, steel prices rebound is relatively weak.