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Gained momentum - 304 stainless steel belt market in China Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-12
Domestic market of 304 stainless steel belt gained momentum, the overall average trade.
Recently finished material losses in slow, imported ore, steel billet offer up slightly, in this case, the domestic steel scrap market down trend stayed, wait-and-see atmosphere.
The scrap steel market operations to slow, mostly wait-and-see status.
Steel mills and foundries due to the increase in sales pressure and money, for the cost control.
Merchants on liquidity is not big, constrained into shipments, inventory is still stay in the low post.
Is expected in the near future scrap steel market volatility will not too big, will consolidate.
Trend of positive, clinch a deal the price than the previous slightly higher;
Domestic ferrosilicon market stability in the positive, clinch a deal the good;
Domestic molybdenum, clinch a deal, the price shows the pattern of shock consolidation;
Domestic vanadium market continues to show a slight downward trend, the price is still a small rebound from last week;
Tungsten steel market running smoothly, the market demand increases, vendor shipments to fair;
Titanium iron market running smoothly, each manufacturer offer maintain preliminary level, the total volume is low.
Market consolidation run, slightly stable market supply and demand, individual manufacturer offer tentative drive up, but the actual transaction price yet from steel mills CaiJia interval, markets wait-and-see atmosphere rich.
Early closure manufacturer has yet to start, said the current production cost is high, slightly profit space is not worth the risk of working again, watching the afternoon.
Port of manganese ore inventories remain high, although outside dish quotation for flat, but the port businesses have to slightly adjust our offer in order to promote sales, factory take goods still cautious, money pressure is still pretty big.
as steel market prices weak test, molybdenum iron short-term consumption, steel mills tight cash flow, and molybdenum decline in raw material prices have been at home and abroad, are not conducive to price stability, molybdenum iron parts manufacturers in order to timely and drained, take the initiative to depreciate sales promotion, and further lower the price of molybdenum iron. 304 stainless steel with a weak market, near the end of the month, hands order delivery to a close, and the consumption of a rut. As mills purchase prices are lower, the market of vanadium iron manufacturer offer gradually to the low concentration, and the upstream raw material v2o5 prices slightly loose, vanadium iron market support wanes, and basic end as major steel mills in the procurement bidding round, enter the month market demand gradually turned cold and cheerless, so the short term market goods remain weak temporarily stable running, long term ferrovanadium market downturn downward pressure is still large. Is expected in the near future domestic vanadium iron market will remain low. Overall 3087 boiler tube market bearish sentiment is still strong. Weeks, cut, parts of domestic ore market is still mainly concentrated in hebei province and northeast China, as the price is low, the contracted slightly, declines in most of the ore dressing plant has stopped production, domestic ore market price no city highlights. Imported ore market since the week below the $90 mark, a small pull up, tentatively will rising from financial derivatives market conduction, and air forces continue to fight, in the short term short power weakened slightly, while port spot market continued to decline, but late or influenced by the forward spot market slightly higher, rallied state or have revealed. Is expected in the near future iron ore market or have rallied phenomenon, but 3087 boiler tube to demand a heavy case, increase difficult to sustain. 304 stainless steel belt
as steel market prices weak test, molybdenum iron short-term consumption, steel mills tight cash flow, and molybdenum decline in raw material prices have been at home and abroad, are not conducive to price stability, molybdenum iron parts manufacturers in order to timely and drained, take the initiative to depreciate sales promotion, and further lower the price of molybdenum iron. 304 stainless steel with a weak market, near the end of the month, hands order delivery to a close, and the consumption of a rut. As mills purchase prices are lower, the market of vanadium iron manufacturer offer gradually to the low concentration, and the upstream raw material v2o5 prices slightly loose, vanadium iron market support wanes, and basic end as major steel mills in the procurement bidding round, enter the month market demand gradually turned cold and cheerless, so the short term market goods remain weak temporarily stable running, long term ferrovanadium market downturn downward pressure is still large. Is expected in the near future domestic vanadium iron market will remain low. Overall 3087 boiler tube market bearish sentiment is still strong. Weeks, cut, parts of domestic ore market is still mainly concentrated in hebei province and northeast China, as the price is low, the contracted slightly, declines in most of the ore dressing plant has stopped production, domestic ore market price no city highlights. Imported ore market since the week below the $90 mark, a small pull up, tentatively will rising from financial derivatives market conduction, and air forces continue to fight, in the short term short power weakened slightly, while port spot market continued to decline, but late or influenced by the forward spot market slightly higher, rallied state or have revealed. Is expected in the near future iron ore market or have rallied phenomenon, but 3087 boiler tube to demand a heavy case, increase difficult to sustain. 304 stainless steel belt
