Continue to push up the power shortage - stainless steel belt Tianjin stainless steel co. , LTD

Last week, the stainless steel prices continue to fall down, vulnerable. Into the second half of may, hong kong-listed overall performance for the tepid, showing a strong weak long wood plank. Specific terms, last week, the construction steel weak decline, the market gradually, especially the small factory plate screw, rebar prices evident in the resources, and in terms of hot-rolled coil, strained resources support, market price decline narrowed, a slight rebound in parts. Cold rolling plating ways, at the same time, the market price after the suppression Yang first stop falling stabilizing, a slow recovery. Overall, due to the poor market demand and steel output fell by a slow rise, inventory, trade business confidence, shipment is blocked, steel prices downward. Port stocks have been falling for five weeks, but slow down obviously slowed down, and after a rally outside the mine, the high cost of part of the previous production at home and abroad successively and production in mines, with the mainstream market competition between mine, again of iron ore production increased, the contradiction between supply and demand gradually increased, further hindered the ore price rise. In may, the downstream demand will recover gradually; Coupled with the recent $nickel shock upside, raise interest rates to cool, and the domestic spot inventory improvement factors, such as stainless steel market prices or with the aid of nickel prices rose in May is expected to power is expected to rebound slightly, presents strong trend. Agencies analysts believe that the recent steel production rhythm speeding up, and the end demand is to maintain low, Q345B torque tube stainless steel belt and weak in hong kong-listed firm, on the one hand upward, on the other hand a sharp correction also does not have the conditions of the imported ore market fell sharply, under the influence of domestic iron ore market is rather pessimistic, from north China to east China, market prices are cut with potential. In north China, the market Yin down constantly, in steel prices rose in early stage, combined with the individual amount of iron and steel enterprises by purchasing domestic fine powder will, tangshan iron essence pink quotation slightly raised, but with imported ore prices continued to fall, steel mills wait-and-see atmosphere is aggravating, basic is in a state of marketable in the market; In the northeast, most of the work in mining enterprises, individual large mining enterprises eke out. Imported ore spot market suffered a blow, port offer a drop down again, volume but not increase, merchants have no alternative, more is given priority to with watching. Ore resources supply makes the decline, the overall decline than powder ore prices drop nearly doubled. By this impetus, billet prices continue to lift, traders try to push up prices, steel spot prices sharply higher, but the market trading slightly insufficient, shipment. Subsequently, Rio's insistence on plans to increase production and continuous collapse in the stock market sharply, steel forward market, prices in shock, impact of spot market confidence, steel prices gradually enter a state of consolidation, and back slightly, clinch a deal market also gradually decline. In general, the continuous rise, stainless steel belt continue to push up the power shortage, steel prices will fall. Their enthusiasm again reflects the current steel production, capacity utilization rebounded significantly.