Domestic market or 304 stainless steel belt - consolidation will narrow Tianjin stainless steel co. , LTD

Today the domestic price of 304 stainless steel belt in futures markets rose yesterday, parts of decline has slowed, and some varieties parts price slightly rises, clinch a deal but the situation is not optimistic, so steel prices rebound or not, the futures market in just after a day, today again shock callback, steel trade, the mentality is really after a 'dental laboratories'; Adding to an already weak hong kong-listed contradiction between supply and demand, investment in fixed assets, real estate investment growth is slowing adumbrative also relatively weak downstream demand, steel trade, in the case of attack before and after the harder production status, market outlook is expected to remain weak shock pattern. High thread futures opened higher in early trading, but the spot market to boost is still limited. The raw material prices, resulting in steel prices, cost of support; And crude steel production is high, the social stock rise further risk. And in the case of business on the market outlook is not optimistic, the market cannot alter. But yesterday in most businesses popular reaction to clinch a deal the previous few daily moderate, Inner Mongolia region is in the leading steel clad steel production maintenance, market the arrival of the goods under the support of less resources, the trend has slightly pull up. At the same time, the businessman fall meaning has to change. Long-short game the market at present, the price go up drop two constrained, therefore the domestic market or 304 stainless steel belt tomorrow is expected to narrow consolidation.
due to the large scale of economy, thus investment and economic development by leaps and bounds of steel demand swings abate. The change trend of long-term steady fall is the main form. We don't need to in the fourth quarter of worried about this kind of steel demand trend for a long time. This year the domestic steel market resources growth rate will be lower than 13% is expected over the next few years, China's steel demand growth will be lower than 10%. China's steel market consumption growth has from high-speed growth, the annual change is bigger, back to steady growth, high dropped year by year in the general trend of increase. The rapid development of international economy drive the world steel demand growth. The world steel industry is at an unprecedented development in the new period. A stronger in the first half of the international steel market prices, leading to domestic and international steel market spreads widened, it is not only beneficial to increase steel exports, also support the Chinese steel market prices rising. People strongly feel the international market today, keep good import and export situation of China's 304 stainless steel with the influence of the market.