Expected short-term market prices will accelerate downward - 304 stainless steel belt Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-05
At present, 304 stainless steel industry faces a severe situation, transformation and upgrading to become the only way for the survival and development.
So, steel trade enterprise transformation should where to go?
How to turn?
To this, Yuan Guoan think should combine their own characteristics and actual situation of transformation and upgrading.
Transformation from the enterprise reality, in view of the prominent contradictions and problems existing in the development of itself, for goal, clear direction, grasp the positioning, the implementation of measures to actively change and adjustment, the transformation and upgrading of active.
Steel trade, not producing steel, also can't just do the 'a porter' of steel, but ready to switch roles, from single function to multifunction integrated operation, from the general trade business to professional service providers.
In this case, although the good situation of the real estate industry or will continue to bring the construction steel market stable demand, but considering the increment of the real estate industry co. , LTD. , after all, if the iron and steel enterprise of construction steel production continued double-digit growth, the market imbalance between supply and demand situation will be difficult to have obvious improvement, construction steel prices is hardly optimistic.
In this context, most traders mentality smooth, think later steel prices will continue to shock consolidation.
According to the industry organization investigation statistics, more than 80% of the traders think late construction steel prices will remain the consolidation trend, more than 90% of the traders think plank price will continue to be volatile.
Period screw all the way down in early trading today, the afternoon rebound slightly, recent market continued to weaken pattern, market confidence is more pessimistic, spot market prices in supply, under the situation of weak demand, prices will continue to fall, also will continue to weak shock screw market.
Futures and billet downturn caused collapse of confidence in the market, demand difference that makes the market rose slightly, inventory in the supply and demand two weak state, the short-term 304 stainless steel with the market price is expected to accelerate downward.
Beijing market prices continued weakness, although merchants cut price, clinch a deal but the market remains weak, the market inventory increased, merchants in order to delivery is at the cost of depreciate sales promotion, expected short-term market prices will continue to test.
Raw billet market weakness, the continuous decrease of downstream demand, rebar spot gradually retreated, boron steel export tax rebates cancellation on baosteel seamless steel tube short term is difficult to eliminate the impact of export, exports will be converted to sale in domestic market, the increasing pressure of supply and demand, is expected to issue screw market continued weakness.
Has a positive influence on the steel industry, but in winter the north basic to cease, and weak demand, affected by the south north material, steel prices fell sharply, south near the end at the same time, the steel mills because of pressure of money, plus crude steel production and the key steel inventories continue to increase, steel social inventory increased slightly, pressure on steel prices in the short term, vulnerable to run.
Recent period screw small rebound is mainly macro expectations, first started screw slight rebound, but the fundamentals have not changed, and now has entered the stage of the weak demand, supply remains high, short-term or concussion running primarily.
Steel weak market sentiment pessimistic, clinch a deal the weak.
Billet weak decline, clinch a deal the weak.
304 stainless steel with disadvantaged consolidation, clinch a deal is fair.
Weaker domestic ore weak, clinch a deal.
Coke weak steady running, clinch a deal is fair.
Coking coal running smoothly, clinch a deal.
Thermal coal, smooth running, clinch a deal the weak.