However, the downstream market continued weakness - stainless steel belt Tianjin stainless steel co. , LTD

Recently in the maintenance of good support of coking coal prices is relatively strong, good for coke market support, But downstream stainless steel belt market continued weakness, prices are lower, led to the downstream demand is expected to pessimistic, steel mills to coke purchase intention is. Combined with steel mills had winter weakening demand this year, and it collapsed, the coke will also face downside risk. Tangshan billet fell 80 last week, this week has not stemmed, again in 110 yuan. After the sharp drop in two weeks, yesterday finally appeared on the market inventory, billet edged up 10 yuan. Helpless year set, shortage of funds, and generally for the next year of bearish market, so even in the history of nearly ten years before the new low price, also did not appear in previous years as snapping up phenomenon. Today tangshan hong kong-listed again clinch a deal the atmosphere turned pale, the market back malaise, price or have small fall risk over the weekend. As for the next week, as long as there had been no significant positive macro, billet market weak hard to change, but in view of the line is close to cost, if again, space is very limited.
this year because of the stainless steel belt - exports more than expected growth - - Annual output is expected to more than 90 million tons, which greatly reduce the stress in the domestic market supply. But, for the upcoming 2015, its steel exports is also can maintain such a situation, the industry is not so sure. That judgment is the main basis has been to many countries and regions of our country's export steel anti-dumping, countervailing investigation, the local iron and steel industry association have also recommendations to the government, the adoption of countermeasures for our country's steel imports. And, most of our export steel products are low value-added products, which is next year's exports will face great instability, one of the important factors. Therefore, once the export situation changes, the domestic steel market will be the first to is being squeezed from the supply of these resources. Whether or not the current surge in steel exports was the last of the crazy, but there is no doubt that in the next two or three months time, stainless steel exports will be affected, until the clear policy. Enterprise should consider more, perhaps, is that if boron steel export tax rebates cancellation, the future of steel exports of the way how to go?
domestic pig iron market temporarily stable, clinch a deal the doldrums. It is understood that although steel prices rebounded, but steel mills to pig iron for steel making purchasing quantity is still very limited. In addition, most traders on the afternoon of cast iron doesn't look good, so try to inventory control in the low post. The pig iron manufacturer sales pressure slightly larger, some small and medium-sized iron works maintenance, production increase. Foundry pig iron market is not optimistic, the manufacturer in order to stimulate the shipment, to give appropriate incentives to the actual transaction price. At the current situation and demand of cast iron in see better, the price will remain low consolidation pattern. Finally, we'll say the market demand, the late stainless steel belt according to the space is larger.