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Expected short-term domestic stainless steel with weak - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-09
Due to weak demand this year industry, stainless steel belt did not return for quantity, and the influence factors of the current steel lies in the improvement of the policy, such as' the most stringent environmental laws in the history of the implementation of the market expectations have warmed up, but the actual demand to steel market will take time.
Also restrict steel rise, so the future of steel prices or give priority to with wide range, steel prices will still hard to find a big rebound.
Ship building steel has been light, mainstream price drop 10 -
20 yuan, the market is still not better.
Affected, most of the billet downstream vendors for billet market outlook is still bearish, so the purchasing enthusiasm is not high.
And loss of the billet manufacturers already, steel prices will is stronger, so the afternoon mainstream offer temporary stability.
But look on the current situation, the blast furnace capacity utilization is high, the downstream rolling enterprise production is more, the sharp contradiction between supply and demand of billet.
No improvement and fund pressure is big, the market environment, so the expected late billet prices will continue to give priority to with shock downward.
the current domestic ore market overall stabilised, in mining enterprise starts to fall, with the approaching of the lunar New Year holiday, late production mining quantity has increased, the domestic ore market circulation resources to reduce the price support play a role, department of manufacturer's inventory to rise will increase slightly. Imported ore market is in a state of 'subject', the background in the iron and steel industry is still weak, and supply increase, the market price decline in understandable, but along with the increase in domestic mining enterprises to stop production, demand for imports of ore is relatively strong, therefore in the short term, import ore prices or stabilizing bounce. Based on the analysis of factors, in the short term stainless steel back to the obvious signs, continue to lower probability.
domestic scrap market fell slightly, clinch a deal is not high. The current domestic steel scrap market resources circulation is not too much, at the same time, demand is not high also. Steel mills and foundries to scrap steel purchase enthusiasm has been is not high, inventories remain at around ten days, not a lot of storage. Merchant's enthusiasm is not strong, the contract this year since the quantity is not big, a single common discussion. In this case, the recent domestic steel scrap market is expected to last weak market operation. Domestic pig iron market steady weakness, clinch a deal have no obvious change. According to the iron works, from raw materials imported ore prices continue to fall, coupled with the steel market volatility, causes the steel mills for iron procurement cautious attitude, the shipment still is given priority to with previous orders, price is low. At present most of shipments from early fall again, clinch a deal said while individual iron works in good condition, but considering the actual demand downstream and no substantial improvement, iron works to the market outlook is still lack of confidence, don't think the downstream market in the short term will have rebounded sharply. Comprehensive consideration, is expected in the near future domestic pig iron market won't have too big adjustment, will remain stable, individual regions as a whole small oscillation is given priority to. Volume slightly weak, the businessman mentality is more pessimistic. It is understood that the current market in most steel mills have not pricing, main reason is that the focal companies and steel mills there still exists certain objections to pricing, therefore temporarily perform the original price. According to the coke enterprises, minority areas mills coal tar inventory generally remain at 5 - Basic close to inventory the quantity of 7 days or so, bottom line, demand is always dull. At the current situation, weak steel market, price of each type a fall in the market, and has yet to have any good news to stimulate the market, so expect short-term domestic stainless steel with weak operation is given priority to, the price have cut space.
the current domestic ore market overall stabilised, in mining enterprise starts to fall, with the approaching of the lunar New Year holiday, late production mining quantity has increased, the domestic ore market circulation resources to reduce the price support play a role, department of manufacturer's inventory to rise will increase slightly. Imported ore market is in a state of 'subject', the background in the iron and steel industry is still weak, and supply increase, the market price decline in understandable, but along with the increase in domestic mining enterprises to stop production, demand for imports of ore is relatively strong, therefore in the short term, import ore prices or stabilizing bounce. Based on the analysis of factors, in the short term stainless steel back to the obvious signs, continue to lower probability.
domestic scrap market fell slightly, clinch a deal is not high. The current domestic steel scrap market resources circulation is not too much, at the same time, demand is not high also. Steel mills and foundries to scrap steel purchase enthusiasm has been is not high, inventories remain at around ten days, not a lot of storage. Merchant's enthusiasm is not strong, the contract this year since the quantity is not big, a single common discussion. In this case, the recent domestic steel scrap market is expected to last weak market operation. Domestic pig iron market steady weakness, clinch a deal have no obvious change. According to the iron works, from raw materials imported ore prices continue to fall, coupled with the steel market volatility, causes the steel mills for iron procurement cautious attitude, the shipment still is given priority to with previous orders, price is low. At present most of shipments from early fall again, clinch a deal said while individual iron works in good condition, but considering the actual demand downstream and no substantial improvement, iron works to the market outlook is still lack of confidence, don't think the downstream market in the short term will have rebounded sharply. Comprehensive consideration, is expected in the near future domestic pig iron market won't have too big adjustment, will remain stable, individual regions as a whole small oscillation is given priority to. Volume slightly weak, the businessman mentality is more pessimistic. It is understood that the current market in most steel mills have not pricing, main reason is that the focal companies and steel mills there still exists certain objections to pricing, therefore temporarily perform the original price. According to the coke enterprises, minority areas mills coal tar inventory generally remain at 5 - Basic close to inventory the quantity of 7 days or so, bottom line, demand is always dull. At the current situation, weak steel market, price of each type a fall in the market, and has yet to have any good news to stimulate the market, so expect short-term domestic stainless steel with weak operation is given priority to, the price have cut space.
