Ease - 304 stainless steel belt price cash-strapped problem Tianjin stainless steel co. , LTD

Due to the mine in steel procurement policy still is given priority to with interacting, 304 stainless steel belt price still is not free, later will remain weak trend. Metallurgical coke prices remain weak. Coke market downturn continued weak recently, steel mills in the capital, environmental protection, under pressure to reduce coke procurement, and continue to lower purchase price, price coking plant is quite tough, market pessimism is relatively serious, is expected in the short term market weak hard to change, the upstream raw material prices down overall, makes the production cost of the late steel line move, for the cost of steel prices support. In the short term, the overall yield is still in tightening trend, grasps the weak downstream post-holiday demand, domestic mainstream market stability, the anthracite coal prices no change. Downstream steel pipe demand into the steady phase, coal mine overall downturn in the construction and trade enterprise is relatively negative, orders. Vacation period domestic anthracite coal market running smoothly, prices of basic remain unchanged. Due to overall economic downside risks remain, the growth level against the attitude of the recent affirmation and resolute, gradually implement pro-growth policies and measures will continue to overweight, leading to the overall steel demand recovery and rebound. Moreover, monetary policy is also likely to be positive changes, from directional quasi towards full drop, even cut interest rates, in order to relieve the strain on 304 stainless steel belt price money problems, reduce the social cost of financing, support the development of the real economy. The current steel prices fell to a low in recent years, continue to fall sharply, and the recent steel pipe manufacturer many positive factors gradually accumulate, in the short term, steel prices will remain at the bottom of the pattern of shocks, and accumulated upward momentum. Steady demand release. Although affected by the weather and seasonal factors, steel consumption fell between June and July, traders shipments blocked, but the recent market clinch a deal the situation overall performance is smooth, no obvious signs of retreat, relatively low inventory levels, can still maintain a dynamic balance between supply and demand. Spot market inventory is still not high, the inventory pressure to steel mills internal transfer, in the late qing inventory level of pressure is mainly concentrated in steel plant, is expected to price will be more competitive; But the current spot market varieties specifications discontinuity, shortage is serious, may be a little release procurement requirements, and steel mills continue to cut after the ex-factory price, delivery speed will also accelerates to the market; Therefore, steel mills, or 304 stainless steel with the spot market price, will continue to face increasing the supply pressure.