Demand is too weak - terminal stainless steel belt Tianjin stainless steel co. , LTD

Stainless steel belt last week in the market, light volume. According to understand, although already out in the first month, but the shandong region billet need not see any improvement. And most order already send out before the Spring Festival, and the lack of new orders recently, reduce the manufacturer shipments. To this, the manufacturers in order to stimulate the shipment, the actual clinch a deal the price give possible billet. Xuzhou, lianyungang market in the near future also lighter, steel mills, lack of new orders, will cause the manufacturer's price is not strong. Especially some eager to repatriate funds, the actual shipment price space is larger, so as to make the local market price of steel billet is shown slightly chaotic. Northeast billet prices after initially falling steadily, clinch a deal the weak. Week, tangshan billet continuous slump dragged down, northeast China dominated cut billet steel billet manufacturers have also offer. But after the price of steel billet clinch a deal is still not better, and then the tangshan billet bounced back, so the northeast billet quotation also will stabilize, vendor is strong wait-and-see atmosphere.
today's iron ore market temporarily stable running, general trading atmosphere. Stainless steel belt market remained modest rise atmosphere, but as a result of the downstream market bearish market kept increasing, insufficient continuing gains kinetic energy of the iron ore market, the recent market adjustment, strength gradually increased, and the buyer's demand increased bargaining space. At present, the imported ore market price $60 on the site, the demand to purchase cautious atmosphere increase, although in June, the imported ore resources have a half month on the port, but the spot available resources are still limited, due to the recent flange import mineral resources on the high side, so early to the port resource price advantage obviously, the seller in order to guarantee a certain profit space, maintain stabilization state or to support the spot price. Domestic ore market overall consolidation state, still is given priority to with shipment, individual mining enterprises have inventory pressure. Based on the analysis of factors, in the short term market rally, above the pressure significantly, the overall market fluctuations. Tangshan hong kong-listed performance generally, yesterday did not see demand increment, in early trading opened the downstream rolling stability of small and medium-sized drop prices, although it is understood that some varieties of low-cost resources volume than last weekend, but overall, the whole deal is still not free, trading atmosphere active degree is low, pessimism is thick. Ran straight hair resources are available and there is still a premium steel billet, the spot to 2030 individual but not clinch a deal, the current for billet resources together with export orders to fair, businessman's price will remain strong, the afternoon leading billet manufacturers continue to steadily. Supply and demand fundamentals did not change, the structural power of ore in short range. Afternoon have certain pressure callback, but need to wait for slow spot end to cooperate. The current futures premium rate has more than 60 yuan/ton, high since going public in the futures. Terminal stainless steel demand is too weak, thread premium is not reliable. Empty single can consider multiple layout threads.