The maximum resistance timber rise at present in the steel factory inventories, but if the 304 stainless steel belt will continue to maintain the maintenance, the scope of their production and amplitude, April inventory decline will be more obvious.
As the raw material price low, and part of the area and varieties of steel prices stabilize or rebound, steel mills in accelerating profit better.
In the stock market fell for four weeks, but steel mills internal inventory in March 2 consecutive ten-day increase, reflecting the middle market order enthusiasm is not high, light warehouse safety intentions obvious, at the same time that China's steel inventory pressure is from the market to the upstream steel mills, steel mills in later destocking pressure to grow, while limiting steel pricing policy, will also be funding pressure in steel mills, from this level, the late steel mills continue to increase the possibility of lower, and in order to repatriate funds, pressure on pricing policy.
Recent domestic hong kong-listed first weak after the strong, the overall sideways upward, merchants feedback delivery have a little better;
Funding pressure to a certain extent, limits the late rebound in steel prices space.
Difficulties and steel mills credit crisis intensified, industry is on the increase, but fortunately, downstream production and business operation activities is restored, 304 stainless steel with the confidence to also obtain certain ascend, formed on the late market is good, this week will go into the traditional 'silver four' busy season, after the 'gold' of silver four start to run again, we go into today's discussion.
Release resistance is still a lot of short term demand, April demand picks up largely depends on investment, also want to see if countries can further release policy is good.
In general, with the coming of the peak season of consumption, steel prices in the short term will continue to maintain shocks upward trend.
the domestic steel market weak after a strong first, money pressure at the end of the second half of the week in gradually get rid of bondage, steel price open bounce, merchants feedback low clinchs a deal can be resources.
Cut, in addition to the individual variety in weak mainstream varieties of the market prices are rising phenomenon, at the bottom of the steel prices further consolidate.
Last week the temperature rebounded significantly, while the south is still the rainy weather is given priority to, but the north king niang temperatures during the same period, significantly higher than the normal therefore outdoor construction project to return to work faster, 304 stainless steel belt demand fundamentals improved markedly.
At the same time, the economy also have periodic signs of bottoming out, although manufacturing production enthusiasm is not high, but the signs have appeared.
Therefore, end demand low levels brought new hope to the market;
Steel prices began to rebound in stabilizing comprehensively, lack of willingness to take the initiative to cut prices already.
