Domestic stainless steel belt will still be weak - Tianjin stainless steel co. , LTD

Stainless steel belt today temporarily stable running, general trading atmosphere. Imported ore 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 increased, the second half of the months of imports of ore resources have a focus on Hong Kong phenomenon, 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. Hot dip galvanized steel pipe is yesterday, not seen incremental demand, in early trading opened the downstream rolling stability of small and medium-sized drop prices, although it is understood that some varieties of low resource volume than last weekend, but overall, the overall volume is still not free, low trading atmosphere active, pessimistic attitude. 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. End demand is too weak, stainless steel belt premium is not reliable. Empty single can consider multiple layout threads.
domestic steel scrap market today rut, individual regions market adjusted slightly. At present, the north scrap market dip slightly, especially in the northeast market weakness all show, small factory prices fall continuously. In east China market demand weakened, cut scrap purchase price, some iron and steel enterprises in central market clinch a deal is poorer, more give priority to in order to narrow down. Recently, the domestic steel market has fallen lower and lower, although some steel companies have the joint's behavior, but eventually end demand is still relatively poor, hot dip galvanized steel pipe prices, is expected to disadvantaged consolidation as a whole, the recent scrap steel market price or lower. Today's domestic pig iron market steady weakness, clinch a deal the situation in general. Raw material imports ore prices after before pull up today temporarily stabilized, coke market is still stable operation, lower remains weak steel market, the upstream and downstream market for pig iron price support is not enough. Parts manufacturer, said the current steel market has entered the traditional off-season, the downstream steel purchasing quantity is limited, more is given priority to with on-demand procurement, so late pig iron market turns good possibility is not big, such as upstream and downstream market continued weakness, pig iron price is still likely to fall. Therefore, in the short term is expected to domestic stainless steel belt will remain weak.