Expect markets may still remains downward - stainless steel belt Tianjin stainless steel co. , LTD

Due to finished product material requirements and the stainless steel prices significantly faster than the speed billet, therefore the billet rolling enterprise gradually from profit to loss. After entering June, steel demand is difficult to have a better, may even have to continue weakening. In the billet rolling enterprise under the condition of continuous loss and can't see the hope, later maintenance, production will increase, resulting in billet domestic demand more light. Imported ore spot market periodic short, from a certain extent, to stimulate rise in price, but do not have continuous driving conditions. With reduced from imported ore inventories, to less than the amount of dredging port, one of the main factors is imported ore prices. Currently imported ore market mainstream prices rose above $60, some previous profit cash resources have been cleared out, and the recent buyers receiving, the spot price advantage gradually disappear, if iron ore index rose to $65, so that the floors of the corresponding price is 450 yuan, and therefore only port spot price basic keep at this price, the late arrival of resources is the corresponding profits, but the manufacturer is not very bullish on late to rise, the turnover of funds, such as pressure force to promote, or have a rush to ship, so depress market expectations and lead to stainless steel belt could not continue to rise in the market. In addition, clinch a deal the situation, from iron ore spot market representation may platform for the spot trading volume in 2. 87 million tons, is basically unchanged in April, the port port of iron ore is expected to decrease slightly, but not enough to affect the overall balance between supply and demand. If under the condition of imported ore prices continue to rise, will be more exciting preliminary production in mining enterprises and production, increase the supply of iron ore market, and therefore higher prices will be impeded. To sum up, gradually into the traditional steel market sales season in June, in the iron and steel enterprise does not appear under the condition of substantial production, steel prices will continue to press run, stainless steel belt enterprise joint insurance against a decline in prices, a move that would have made the steel chain upstream and downstream market work very hard, based on the analysis of factors, in June or slightly lean iron ore market, but gains were limited.
the domestic pig iron market continued weakness, pig iron for steel making offer temporary stability, casting pig iron price cut whole, and the larger, poor market clinch a deal. This month despite rising raw materials market, but the pig iron market support is not large, the downstream steel market shock adjustments, the pig iron market unable to get strong support, most subject to iron factory, lower price, there is also a part of the iron works to choose external quotation, price is the same or not in actual transaction to perform a single. Ironworks boiler stop overhaul is to increase this month, part of the boiler stop manufacturers had planned to return to work in May, but because the market has not improved, so indefinitely postponed the construction plan, and lead to reduce spot on the market resources, but steel procurement policy is still in on-demand procurement for the mainstream, purchase price is also lower, market oversupply situation had still not changed, is expected to stainless steel markets may still remains downward.