Expected to mainstream stainless steel - consolidation will take away the weak stability Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-09
Depth adjustment in the global economy environment, our country is in growth phase shift and structural adjustment of throes, this is China's economy climbs govinda and unavoidable costs.
Only pay more attention to improve the quality and efficiency of economic development, and constantly promote stainless steel belt changes, speed up structural adjustment, China's economy will continue to the healthy and stable development.
But did not cause fluctuations in the market, the price is no obvious change, business mentality is relatively stable, late expected steel prices still with shock wave is given priority to, do not rule out the possibility of falling slightly.
Domestic steel prices continued tight range.
Rebar prices slightly on the ground, prices continue to callback, hot-rolled coil, plate and plate stability in operation, clinch a deal.
Capital markets continue to pressure the subscription of the shares, rebar futures small capacity in line, but on the cycle of it still takes time, in the short term period screw or will shock consolidation.
Spot hong kong-listed also lack to boost the power, 'hypnosis' market or deductive again.
According to the current domestic steel prices running form, periodic signal has been evident in the bottom, according to the survey, after New Year's day, after this wave of rapid downward fall faster rebar and medium thickness plate price has run to the steel trade merchants had winter psychological price, hot-rolled coil, even a small adjustment plate prices have also been adjustment of steel trade, don't think too much space, at the same time, compared to the domestic steel prices and lowest level last year, now the price is about the same, in our country's economic recovery growth and the backdrop of the global economic recovery, stainless steel belt trade business about future expectations are still strong, this makes the current steel prices to some extent there is the prospect of a stronger bottom.
Therefore, we suggest that, every positive regard the market changes, before the timing.
Near the end of the year, the state environmental protection policy is not to relax, inspection team in hebei region raids drainage problems, brought a certain amount of pressure to the local steel mills.
Moreover, pollution has become the focus of the 'two sessions', around the even anti-pollution work still to be written documents.
Late as a result, small and medium-sized steel mills closed tide or in the future.
The curb crude steel output will have a lot of positive role.
Late, however, is environmental policy won't be relaxed, but tianjin seamless steel tube production in and out of season also demand of the intimate relationship, weak downstream demand gradually in the late release, because the release of steel production enthusiasm.
Moreover, iron ore prices this year or will enter a downward spiral, the steel price support will be weakened.
Thus, steel prices could rebound, can not only see the demand side.
steel price exactly where to go for years, analysts said, as the holiday draws near, the downstream procurement basic stagnation, spot market clinch a deal will be insipid, shipments of most businesses is also obvious atrophy, but fortunately the psychological ready of every trade, so there is not a big fluctuations, given the current prices continue to the meaning of the fluctuation is not big, is expected to mainstream stainless steel will take away the weak consolidation.
steel price exactly where to go for years, analysts said, as the holiday draws near, the downstream procurement basic stagnation, spot market clinch a deal will be insipid, shipments of most businesses is also obvious atrophy, but fortunately the psychological ready of every trade, so there is not a big fluctuations, given the current prices continue to the meaning of the fluctuation is not big, is expected to mainstream stainless steel will take away the weak consolidation.