Demand less than expected - stainless steel belt
Tianjin stainless steel co. , LTD
Demand less than expected - stainless steel belt
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-13
Domestic stainless steel with a cut, the overall signs of stabilizing, market clinch a deal, coke prices is given priority to with view looks.
Jiao qi to stimulate individual shipment, clinch a deal the price is favourable.
Most areas have an increase in the price of coke factory will, but because of the steel mills purchase quantity has not increased significantly, so the actual transaction is given priority to with stability.
Downstream steel prices are rising this month but failed to extended gains, and the actual clinch a deal the situation has not improved, so has not been raised on coke procurement prices.
Taken together, will last for domestic steel billet market is still weak in June, the first half under the support of export orders and cost, price or give priority to with a small consolidation.
After entering late, export orders have delivery, and domestic demand is not optimistic, plus some manufacturers repayment pressure, therefore, is expected to end of June or a fall in the billet prices.
Steel prices fell blocking coke prices rebound: steel prices since the quarter began to rebound, in the second quarter was mainly disadvantaged consolidation is given priority to, but the price is rising slightly before;
Now the billet prices fall again, the downstream steel prices fall more obvious.
Stainless steel belt profits will be squeezed, temporarily only normal procurement, coke prices rise too.
Specific view, 4, the cost of imported ore market, some traders offer with flat yesterday, the market overall mentality.
Spot: early traders offer temporary stability, steel procurement cautious, wait-and-see, clinch a deal the afternoon is relatively stable.
Although because of port stocks fall in iron ore prices rebounded significantly, but the iron ore market supply and demand situation did not change obviously.
Especially since this year our country iron and steel enterprises in the profit and environmental situation even more severe cases, production must be the inevitable choice, which directly affect the demand for iron ore.
In this case, the expected iron ore prices after the short rebound or callback.
Stable operation, the main coke market pricing no news, market inquiries increased, clinch a deal in good condition;
Steel mills in cash-strapped situation still has no obvious improvement, the coke procurement still hold rational cautious, purchasing quantity has no obvious ascension;
Futures in late, late for markets now have different views, recommend careful operation.
the place on put together is narrated, coking plant by restricting output, the price of products, such as inventory reduction, has achieved significant results, and China's coke enterprises around the inventory reduction, coking plant production, in the case of steel purchasing normal supply and demand into balance.
Individual regions under the control of coking plant in steel prices low price intention, but stainless steel belt continuous falling prices, steel demand a delay, still won't accept price increases, recovery of coke is still a long road.
June is expected to domestic coke market more likely to keep running smoothly.
yesterday tangshan billet market influenced by export and resources nervous, performed better in rolled products, including hair resources still fair, and still can increase the sales, and shipping quote, a strong mentality.
Rolled stock market movements slow again, some of these varieties in drop, drop after clinch a deal is still weak, combined with the current stock purchase is difficult, lead to partial shutdown overhaul, afternoon leading billet factory temporarily stable running.
Are in project construction are busy season, but stainless steel demand growth was less than expected, steel price is weak, industry inventory pressure slants big, the main varieties of steel prices fell.
The early stage of the construction of steel fell reason: most regions of the country into the rainy season, the site starts have greatly affected timber demand decreased significantly;
Means that Banks will accept half a year, the same steel smelting enterprises financing area is faced with severe challenges.