Domestic stainless steel belt market continues to 'bottom line' or lower - the 'no moral integrity' Tianjin stainless steel co. , LTD

Domestic stainless steel belt market continues to 'bottom line', 'no moral integrity' to lower, after finally appeared in yesterday, today, most areas of the finished material prices have also has stepped up the operation, the high speed wire rod and rebar prices in Beijing and tianjin, Shanghai, hangzhou and other places, handan hot rolled plate and Shanghai, xian, medium plate prices are appeared different degree of rising prices, the upstream steel billet prices continue to chase after go up in today, clinch a deal is also obvious. Long pull up operation again lit the market enthusiasm, ready for the part of the downstream business stock up actively, intermediate traders also part in purchasing, but most is watching the cautious and hesitations. For the moment the hong kong-listed, quick go up operation is not supported yet. At the beginning of the lunar New Year holiday, the downstream purchasers has started to have a holiday, but further downward pressure on economic growth, the hong kong-listed also overall decreased with the money the restricted channel 'reservoir' function of the market higher activity, difficult to passive appear higher up the space, and bad risks remain in the international market, the Greek of the risk again to enhance the fall in commodity of systemic risk, and the substantial depreciation of the RMB exchange rate, though, but the export tax rebates cancellation will still be in greatly reduced the overall level of steel exports in the first quarter, on the domestic resources to form strong consumption pressure, therefore, stainless steel belt after adjusting for a long period to fall has full access to low level, the shape of the super fall rally belongs to the normal market adjustment, but comprehensive time is not yet ripe, overall go up still need consolidation.
pressure in the domestic market resources, the early stage of the hot-rolled coil, always remain high due to the export good plate, medium plate prices in December and January, the cumulative decline in 500 yuan, down the speed of his tongue. Recently increased by steel mills maintenance, the steel output fell good, futures prices rebounded, triggering the spot market bottom part on customers to buy, make the spot price after rapid fall in the rapid rebound in the short term. Price is expected to dominate the region after a rebound, the recent domestic other area of hot-rolled coil plate, plate market prices will stabilise, stainless steel belt with sharply rise is unlikely.
plunged sharply after two months in a row, the domestic steel mills overall losses, increase maintenance, production situation, domestic partial dominant region this week rebar, hot-rolled coil plate, medium plate and the price of steel billet, steel strip, profile appeared long-unseen rebound, some wait long procurement needs in price has rebounded after entering the market purchase, makes the individual regions, greater variety price rebound. But in the long term trend, the rally is still difficult to appear. A small rebound, it is difficult to make whole hartz alloy market rising expectations, recent admission bottom purchase is only a few big steel traders, daring holiday after the Spring Festival in recent years, inventory write-down, losing money after injury, the majority of traders will not take the initiative to do inventory, around the Spring Festival at your prices rise and fall, I from the merchants of kui accounted for the vast majority. To say the potential has not been reversed, the price of partial, phased rebound is difficult to form start a prairie fire. Now is the price of the small and medium-sized steel mills losses - 100 150 yuan level, the level of steel mills continue to intensify inspection, production possibilities in the fall, but not enough to stimulate the strength of steel production, the recent market volatility possibility is reduced, the overall market prices may be in the price of stainless steel belt level consolidation.