Expected short-term or special boiler pipe market will be 304 stainless steel with narrowband market after a fall - first in the morning Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-12
Today's domestic steel prices rise and fall.
304 stainless steel with a strong product, the main area of Beijing, shenyang, zhengzhou, hangzhou and other places prices slightly pull up, however, line products maintain small drop pattern, hot rolled coils, cold rolled sheet rolled plate and thick plate in the product price is still weak oscillation.
In high temperature, plum rains coming in July, the market of purchasing mood also reached the lows, leading to the current domestic hong kong-listed present weak balance of supply and demand the deadlock, but the low inventory of steel society become the biggest advantage, prop up the market at the same time, along with our country economic reform has entered the second half, the stimulation effect also gradually appear, the domestic manufacturing sector index has reached the highest years in June, the endogenous economic growth momentum gradually strengthen, together with the substantial depreciation of the renminbi is overweight and stable foreign trade policy to make China's steel exports is also reached a peak in recent years, the overall improve the diversion stress of domestic resources.
In terms of the current market, the lack of a clear positive stimulus, however, negative factors suppress the prophase has also been gradually weakened, although the quantity wide international market exit but the economy recover contribution to China's steel demand is gradually increasing, the European central bank is expected to maintain loose monetary policy, as a whole for commodities in the middle of pressing situation there will be a shift, and domestic hot-rolled coil, screw and plate the accelerated in recent months to pull up and drop-off consolidation pattern also suggests that the consolidation of trend does not change, on the spot market overall lift will continue.
Short-term will continue to consolidate the whole, the steel price gap transition period, with the overweight of micro stimulus policies and market gradually restored, steel price rise steadily, or is expected to achieve.
today 304 stainless steel with smooth prices overall, businesses offer in line with the previous trading day. Although the recent rebar, line, and some varieties prices rebounded slightly, but due to the overall weak downstream demand, market clinch a deal, medium plate prices remain stable. According to the businessman feedback, the influence of the guangdong province processing trade have fallen sharply this year, many end users order shortage, weakening demand, traditional peak season demand characteristic is not obvious, clinch a deal the situation hasn't been turned for the better, to continue in low price. However, traders slant generally cautious on the operation, the enthusiasm of replenish onr's stock is very poor, the market which is continuous less of the arrival of the goods quantity, low inventory decline gradually to normal level, the plate of low inventory is strong support for the market price. In addition, the price of steel, liuzhou iron &steel group co. are presented. the mainstream upside down, the arrival of the higher cost, the resource price advantage is not obvious, the agent price shipment will weaker, short-term price or will continue to run smoothly. Taken together, in the absence of significant bad news, in the short term is expected to guangzhou medium plate market prices remained stable. Mainstream is smooth, flat. Raw material is difficult to setup, tube factory dare not optional ground up, although stocks fell, but high end resource lacking the ability to accept; Market mentality differences, small batch goods dominant, the downstream recovery is slow, demand is still will take time. Expected short-term or special boiler pipe market will be 304 stainless steel belt on the morning of narrow-band market after a fall first, overall performance, high resource delivery is still weak. And the market for the downstream procurement quantity increased obviously, drive delivery conditions improve, the rest of the variety show, pretty price will stronger.
today 304 stainless steel with smooth prices overall, businesses offer in line with the previous trading day. Although the recent rebar, line, and some varieties prices rebounded slightly, but due to the overall weak downstream demand, market clinch a deal, medium plate prices remain stable. According to the businessman feedback, the influence of the guangdong province processing trade have fallen sharply this year, many end users order shortage, weakening demand, traditional peak season demand characteristic is not obvious, clinch a deal the situation hasn't been turned for the better, to continue in low price. However, traders slant generally cautious on the operation, the enthusiasm of replenish onr's stock is very poor, the market which is continuous less of the arrival of the goods quantity, low inventory decline gradually to normal level, the plate of low inventory is strong support for the market price. In addition, the price of steel, liuzhou iron &steel group co. are presented. the mainstream upside down, the arrival of the higher cost, the resource price advantage is not obvious, the agent price shipment will weaker, short-term price or will continue to run smoothly. Taken together, in the absence of significant bad news, in the short term is expected to guangzhou medium plate market prices remained stable. Mainstream is smooth, flat. Raw material is difficult to setup, tube factory dare not optional ground up, although stocks fell, but high end resource lacking the ability to accept; Market mentality differences, small batch goods dominant, the downstream recovery is slow, demand is still will take time. Expected short-term or special boiler pipe market will be 304 stainless steel belt on the morning of narrow-band market after a fall first, overall performance, high resource delivery is still weak. And the market for the downstream procurement quantity increased obviously, drive delivery conditions improve, the rest of the variety show, pretty price will stronger.