Domestic 304 stainless steel market will continue to flat belt running. . . Tianjin stainless steel co. , LTD

Despite the early stage of the country to bolster the 304 stainless steel with the market demand, betting a lot in terms of macroeconomic regulation and control, such as cancellation of housing policy stimulus for purchasing real estate sales, increased PengGai steel demand, the central bank to cut interest rates to reduce the iron and steel industry fund pressure, etc. , but these long-short factors in a short period of time and failed to translate into real demand, steel market malaise still.
domestic steel scrap market today pressure-bearing operation, light volume. Today open phase screw higher concussion, the spot price is falling, underperforming raw materials such as iron ore, pig iron, in this case, the domestic steel scrap market weak trend continues. According to merchants, recent operation continued weak domestic market, resource volume has not how to ascend, manufacturers' mentality tend to be pessimistic, a much lower enthusiasm market operations. Some steel mills to scrap purchases price decline, at the same time also add strict with material type. Last week, in view of the weak demand, scrap steel prices still remain in the low post, the rebar market, buyers actively digest inventory, light trading market. Is expected by the end of the market demand situation will not improve, steel mills may reduce production after Christmas, or continue to cut price, market sentiment is negative. It is understood that the current part of the billet, the collection and the low inventory of steel, its no big price adjustment. But look from the current situation, draws near, the end of the late export orders could reduce; Downstream vendors at the same time a little pessimistic about 304 stainless steel belt afternoon, procurement cautious; Plus the money by the end of pressure increases, thus is expected late tangshan billet is still down space. According to Lange steel information research center, the market monitoring shows that by the end of time: tangshan area general carbon billet ex-factory price of 2420 yuan, low alloy billet ex-factory price of 2540 yuan, more than 20 yuan yesterday. As the steel market gradually stabilized, the recent steel mills delivery pressure relief, but at present, a lot of production to maintain the status quo, steel mills for purchasing coke, also many on-demand procurement. For the 304 stainless steel with an increase in the price of purchase price, and resisting the mentality, that is why the recent market continued stability. Coke enterprises, due to the strength of the coking coal prices, which makes the production cost of coke prices is higher, it also support the high prices of coke. From the perspective of the construction situation of recent coke enterprises, but also keep the original starts, in the case of overall inventory pressure is lighter, coke prices also tend to be slightly more of an increase in the price of coke. The domestic pig iron market running stability, clinch a deal the case. Price stabilization, iron works close more, individual regions fewer sources, although raw materials supporting function in the market for pig iron cost is larger, but the downstream demand continues to lead to poor steelmaking pig iron prices to go up to also hard to drop. Steel mills in purchasing still is given priority to with watching. Clinch a deal the steady casting pig iron market, the market situation in general. East China factory have some stock at the moment, but for manageable, market demand is still poor. At the current situation, the domestic steel price swings, prices of raw materials to be supportive, pig iron market therefore is expected late 304 stainless steel with domestic market will continue to run steady.