Even with 304 stainless steel belt market clinchs a deal - at the moment Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-05
Influenced by the hot weather, most of the jiao qi, has entered the summer break began for equipment maintenance, resulting in casting pig iron market clinch a deal the sharp contraction, traders operating capacity decreased obviously.
According to traders, even with 304 stainless steel belt market clinch a deal at present, the number is few, and clinch a deal the price bargaining space is larger.
Ironworks aspects due to weak market demand, order is not enough, in order to promote market sales, price concessions range increased significantly.
Comprehensive consideration, after a period of time, casting pig iron demand off-season will continue.
Expected China's steel exports or late to remain high.
Although our country iron and steel industry in boron steel products export tax rebates cancellation as well as the frequent trade friction cases, steel exports will be affected by certain influence.
But as the European and American area steel demand recovery, China's steel prices continued downward, scale advantage and price advantage of steel products, China's steel exports will keep growth trend.
The iron and steel circulation industry as a whole, the downstream orders continue to shrink, end demand downturn, steel trade enterprise sales continue to fall, iron and steel circulation market activity reduced.
In July, the steel industry will enter the traditional off-season demand, 304 stainless steel belt downstream demand will further weaken.
Affected by the downstream order reduction, steel trade enterprise procurement will reduce, steel market demand boom will be down in July.
the current social inventory decline eased, steel mills stock rebound, the market resources pressure still bigger; And steel market still is in July demand off-season, contradiction between supply and demand is still serious, is expected to domestic steel market will continue to be disadvantaged concussion running in July. Beginning in the second quarter of the dynamics stability investment is effective, but steady growth is still weak, the base of economy of endogenous power is still insufficient. In June 304 stainless steel belt market still shake down, until the end of June, Lange composite price index closed to 91. 3 levels, dropped six. 17% decline from the previous month has widened. In steady growth policy kept increasing, especially infrastructure investment under the condition of increasing, macro economic comprehensive index to modestly, liquidity index for; The cost of composite continuous recovery; Demand for comprehensive index, which is expected to rebound slightly Lange composite index will remain weak and volatile situation, shock interval is 86 - The target value of 96, 91. 7. Experience shows that macro economic comprehensive index as a leading indicator for the basic direction of the market has very good instruction effects. Macroeconomic composite index in the continuous decline in May after 3 months began to rebound, the main reason is that steady growth policies is to speed up the implementation, results are preliminary. Beginning in the second quarter of the dynamics stability investment is effective, but is still weak, the basis of steady growth in economy of endogenous power is still inadequate, so its emergency deployment since June 28, targeted for financial institutions to implement directional drop, 304 stainless steel belt to further support the development of the real economy, promote the structural adjustment.
the current social inventory decline eased, steel mills stock rebound, the market resources pressure still bigger; And steel market still is in July demand off-season, contradiction between supply and demand is still serious, is expected to domestic steel market will continue to be disadvantaged concussion running in July. Beginning in the second quarter of the dynamics stability investment is effective, but steady growth is still weak, the base of economy of endogenous power is still insufficient. In June 304 stainless steel belt market still shake down, until the end of June, Lange composite price index closed to 91. 3 levels, dropped six. 17% decline from the previous month has widened. In steady growth policy kept increasing, especially infrastructure investment under the condition of increasing, macro economic comprehensive index to modestly, liquidity index for; The cost of composite continuous recovery; Demand for comprehensive index, which is expected to rebound slightly Lange composite index will remain weak and volatile situation, shock interval is 86 - The target value of 96, 91. 7. Experience shows that macro economic comprehensive index as a leading indicator for the basic direction of the market has very good instruction effects. Macroeconomic composite index in the continuous decline in May after 3 months began to rebound, the main reason is that steady growth policies is to speed up the implementation, results are preliminary. Beginning in the second quarter of the dynamics stability investment is effective, but is still weak, the basis of steady growth in economy of endogenous power is still inadequate, so its emergency deployment since June 28, targeted for financial institutions to implement directional drop, 304 stainless steel belt to further support the development of the real economy, promote the structural adjustment.