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Expect will have a round of cuts - stainless steel belt manufacturer Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-06
Stainless steel belt business overall current operation will is not strong, steel mills in stock have been basically completed, the lower purchase price of common pressure at the weekend, the arrival of the goods quantity is not much, now consume more upfront inventory is given priority to;
Southern region is generally continued down channel;
Middle East China this month shagang produce finished products price again after slashing, and scrap steel into a new round of declines, statistics of large steel mills fell by 30, down 30 - small factory
50, after recent rounds of fall, the current large-scale production and small batch of good material cost at a basic level, and manufacturer of various aspects,
Finished goods inventory and capital, etc. )
Pressure is larger, the current and no lack of raw materials, is there may be a pricing in before, but considering Q235B cold drawn round steel is low.
Weak steel market, the coke market is still relatively pessimistic, steel mills are still continue to demand.
Market rumours continue to cut coke prices recently, hebei, northeast China and shandong area prices, steel mills are cutting coke coke prices will drop slightly late.
Scrap steel market: stainless steel belt manufacturer prices continue to fall, this week by 30 yuan/ton.
The workers are on holiday, to scrap traders market activity.
East China area after several rounds of falling and little room for a short term continue to fall, the market mainly weak stability operation.
Hong kong-listed continued weak domestic market this week, relative to character, raw materials fell more than finished products.
Electronic trading and futures, and don't expect markets for years too, manufacturer reserves will always failed to respond to, the actual volume continued to shrink, and part of the market pressure is big, the current funds on a variety of negative factors, hong kong-listed overall downturn this week.
Then the market price stabilised swoons or higher next week?
The following is the information of each variety trend anticipation next week.
this week, domestic steel billet market in steady running, vane tangshan range trade market, the current prices were flat in the same period of 2920 last week. Stainless steel belt manufacturer demand weakened gradually; Traders because of financial constraints and lack of confidence in the market after the Spring Festival to had winter; Steel blast furnace maintenance is less, the stock market supply to maintain the normal level, warehouse inventory is increasing, the rise in prices is also a huge pressure. In conclusion, next week is expected to market the weak hard to change, continue to range trade. Market pull up to 50 yuan/ton, other regions are weakening in the stable. Coke prices, the cost of pig iron support wanes, and underperforming hong kong-listed, finished product material prices, weaker purchasing willingness to reduce, steel mills for iron part iron works in hebei, shandong region cut ex-factory price 50 yuan/ton. But the iron works close number is still increasing, contain the iron price sharply downward, next week is expected to weak in steady running, downward price space is limited. Mills prophase purchasing situation is good, coke is generally sufficient inventory now, days steel, for example, stock has reached more than 40 days, weakening demand for coke, provided on coke price advantages, the focal enterprise aspects due to the shipment to be affected, inventory pressure more or less are improved, and the market basic are positive, focal enterprise business mentality is generally pessimistic, bearish atmosphere, is expected to stainless steel belt manufacturer will have a round of cuts.
this week, domestic steel billet market in steady running, vane tangshan range trade market, the current prices were flat in the same period of 2920 last week. Stainless steel belt manufacturer demand weakened gradually; Traders because of financial constraints and lack of confidence in the market after the Spring Festival to had winter; Steel blast furnace maintenance is less, the stock market supply to maintain the normal level, warehouse inventory is increasing, the rise in prices is also a huge pressure. In conclusion, next week is expected to market the weak hard to change, continue to range trade. Market pull up to 50 yuan/ton, other regions are weakening in the stable. Coke prices, the cost of pig iron support wanes, and underperforming hong kong-listed, finished product material prices, weaker purchasing willingness to reduce, steel mills for iron part iron works in hebei, shandong region cut ex-factory price 50 yuan/ton. But the iron works close number is still increasing, contain the iron price sharply downward, next week is expected to weak in steady running, downward price space is limited. Mills prophase purchasing situation is good, coke is generally sufficient inventory now, days steel, for example, stock has reached more than 40 days, weakening demand for coke, provided on coke price advantages, the focal enterprise aspects due to the shipment to be affected, inventory pressure more or less are improved, and the market basic are positive, focal enterprise business mentality is generally pessimistic, bearish atmosphere, is expected to stainless steel belt manufacturer will have a round of cuts.
