Early in 304 stainless steel with vulnerable quote a few traders - Tianjin stainless steel co. , LTD

Early this morning, the downstream demand purchase billet, although 304 stainless steel belt is not smooth, but the resources of billet circulation still nervous, most merchants think that now the price is low, rised mood, shipment will is not strong, combined with the money in early pressure eased, some traders have to stock, is expected to price today is given priority to with stability. In hong kong-listed rebuilding inventory at the same time, the domestic spot steel prices still continued weak shock trend, combined with the fed starts to shrink from month to month so unexpected, make steel industry funds. Because of financial reasons, the businessman manufacturer mentality is not very good, 'closed' hong kong-listed entering domestic market, trading in a trough, and steel had winter didn't start, combined with increased tension conditions on the financing side, by the end of the operation of the market price to cash may be increased, raw material costs are in retreat, enhance the supply pressure, steel plant resources in the arrival of the goods so at the end of the year the domestic steel prices to continue to shock weakening. The downstream procurement is still relatively weak, for the price boost co. , LTD. For traders level operation, although prices fell slightly, but most of the trader's price will also more strongly. Strong prices, recent market the arrival of the goods, after the overall stock fell. Compared to handan, tianjin and other surrounding markets, medium plate prices have been cut, but the tangshan market prices remain strong, on the one hand, years inventory increase is less, the plate market fund pressure is not big; With hot roll down price forming, on the other hand, it is extremely rare in recent years, once the batch the arrival of the goods, the plate prices callback risk of late. After the Lantern Festival, the downstream capacity increased, demand recovered, but the cost of support is weak, the recent rise in price of power is still insufficient, medium plate prices is expected to continue weak consolidation. Considering the downturn in the futures market prices and the spot market clinch a deal the situation is not ideal, early 304 stainless steel with vulnerable quote a few traders, plate, such as YanGang, tonghua fell to 2560 - cheap resources 2570 yuan/ton, the mainstream price impact, while some businesses still maintain high prices, but volume very little. Due to inventory pressures continue to heat up, business confidence in the short term, but in March hot volume production enterprise maintenance and production on the high side, and with the downstream demand improvement, are less likely to spot prices fell sharply, which is why some businesses are reluctant to rapid price. As for today's spot price trend, the author thinks that the weak pattern will not change, in the short term delivery or the primary problem, so do not rule out businesses continue to price promotions.
in the short term, will still be according to the market clinch a deal the consolidation concussion run, tomorrow is expected to tangshan profile market is given priority to with stability. Terminal procurement cautious, clinch a deal the overall performance, general business mentality is still cautious, 304 stainless steel with relatively strong, and the section steel plant maintenance, are part to prop up the market price, liu Ming mainstream weak stability.