The trend is beautiful and refreshing.

In a continuous rally this week - stainless steel belt Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-13
Stainless steel belt market as a whole this week continue running smoothly, clinch a deal is fair. Mills: active production intend to blast furnace is not high, steel mills have repair parts of the steel market supply pressure is bigger, and the demand side by reason of the weather is still relatively weak, continuing the overbuilt steel, coking plant: loose coke market in north China the continuation of the situation, to support continued weakening prices. Taken together, short-term prices look steadily.


the current market price is the south was based on baosteel price, increased on the market clinch a deal in baosteel price 50 yuan/ton, bid higher than this price already basically, clinch a deal the price also can appear some late to rise. And the market price in north China with steel purchasing price difference is bigger, large steel mills purchase price is low, and even the clinch a deal the price on the market than the south market, if it is a small amount of procurement resources, even more than the south market clinch a deal the price. Chrome ore market overall performance is a mess, in addition to the southern port of South Africa's powder and powder soil by spot fewer resources, strong prices, most varieties of chrome ore market performance is relatively weak. Overall, the market to maintain a stable state at present, the price gap still exists. Under the influence of the price of stainless steel with weak back down, the ferroalloy manufacturer offer price in the near future continue to adjust, the special alloy adjustment is relatively large; The ordinary alloy continued weak down low. Steel stock quantity is not big, but traders to the afternoon, I don't want to stock up more, lead to manufacturers inventory pressures, recent or continue to offer at a lower price, also will continue to fluctuate slightly. Domestic silicon manganese clinch a deal the insipid, spot prices low; Do not stop falling domestic ferrosilicon, spot inventory slow growth. Domestic market low chromium is flat, the businessman spot inventory is not big; Domestic molybdenum iron market slowly downward, partial businessman has suspended on; Domestic vanadium iron market clinch a deal the insipid; Weak domestic tungsten iron market clinch a deal, spot prices fell slightly, less downstream inquiry; The market in general. Weak domestic molybdenum market operation. The iron price downward has become an indisputable fact that, for the steel purchasing molybdenum iron long payback periods, acceptance discount interest settlement way more difficult operation said helplessly. Due to the market uncertainty, molybdenum concentrate purchase more cautious, besides just need most in use of existing inventory. Present continuous pull up, and appear the situation of one-day surge in 50 yuan, does make a lot of insiders surprise. However, rapid increase of billet is not an accident, the first after the Spring Festival of tangshan steel billet to new lows, and lay a foundation for price rebound. Second after the Lantern Festival, the downstream section rolling enterprise production in succession, the billet factory is seize the opportunity, tentative pull up prices. Third, although prices rise continuously, but for the first stock up merchants is only a small profit, some dealers have not see profits, so the billet outbound amount is not much. Four is the steel billet is not much, delivered in the warehouse resources have not been into the market before, billet resources slightly nervous. Affected by the above factors, the stainless steel with a continuous rally this week.
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