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In the late 304 stainless steel belt will not appear - continue to rise in the market Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-09
Domestic ore market slightly cut last week, 304 stainless steel with still no city is negotiable.
Lower in north China market, and low volume is very limited, local iron and steel enterprise is given priority to with interacting, purchasing more.
Due to the low market prices overall, businesses supply enthusiasm is not high, the supply and demand both sides in a stalemate.
A small decline in northeast market, the local iron and steel enterprises for iron ore procurement price cut, there are still in western liaoning, liaodong area iron ore market price pressure lower, however, the local individual large-scale mining enterprises offer remains strong, together with some mining rised mood is thicker, the market clinch a deal the price decline is not obvious.
In east China market consolidation, weakness in the north China market declining, shandong and other regions of iron ore market price no advantage, therefore the overall market running basic stagnation, wait-and-see status of supply and demand both sides.
Northeast billet price stable this week, the market supply and demand are relatively less.
We have learned, in the northeast part of steel mills to billet quotation on the high side, and the market actual clinch a deal the price slightly preferential space exists.
Traders still is given priority to with positive shipment, as far as possible control in the hands of resources, on the afternoon is lost.
At the bottom of the iron ore market support, continue to wear less likely.
On the one hand, most of the domestic mining enterprise has 'no profit', the cost of supporting effect is obvious.
On the other hand, the domestic ore supply atrophy, imported ore resource usage increased, 304 stainless steel belt price falling trend is suppressed, rebound signs have emerged.
in the rebar futures rise continuously and tangshan region finished products under the condition of material delivery is slightly better, also tentative local billet prices. But other parts of domestic steel billet with only a few, most market still is given priority to with shipment, temporarily put price stability, continue watching the market dynamic. From the current situation, near the end of the quarter, Banks are still increasing recycling steel trade circle, this leads to a steel mill fund pressure. At the same time, the real estate market downturn, as well as the country of iron and steel, cement and other industries, make the most of the vendors about future lack of confidence. In addition, high temperature and rainy weather, steel demand will not have a substantial increase, so the late of 304 stainless steel with rising prices will not appear, or even fall hazard. Present rose slightly tangshan billet market this week, clinch a deal. Week, on imported ore price rise and spiral upward, under the stimulus of billet tentative price to rise. But because the market is too weak, most vendors about future lack of confidence, so even if the ore, after period of screw continue to pull up, and the price of steel billet is check up stabilizing. On Wednesday, YanGang billet the bidding price is high when the market mainstream price 28 yuan, but still not drive market prices continue to rise. Near the weekend, shipment is slightly better, prices rose slightly, billet exploratory edged up again later. This week in east China steel billet market basically stable. Although a small rebound, dominate the city of tangshan billet prices this week and phase of the screw market performance is good, but the east China area most steel mills are still is given priority to with positive shipment, temporarily put price stability. According to the part of the manufacturer: tangshan billet prices edged up after the east China ship steel billet is slightly better, but the factory because money is tight, and worried that after the price clinch a deal difficult, so feel hesitate to rise in price, 304 stainless steel belt still is given priority to with positive shipment collection.
in the rebar futures rise continuously and tangshan region finished products under the condition of material delivery is slightly better, also tentative local billet prices. But other parts of domestic steel billet with only a few, most market still is given priority to with shipment, temporarily put price stability, continue watching the market dynamic. From the current situation, near the end of the quarter, Banks are still increasing recycling steel trade circle, this leads to a steel mill fund pressure. At the same time, the real estate market downturn, as well as the country of iron and steel, cement and other industries, make the most of the vendors about future lack of confidence. In addition, high temperature and rainy weather, steel demand will not have a substantial increase, so the late of 304 stainless steel with rising prices will not appear, or even fall hazard. Present rose slightly tangshan billet market this week, clinch a deal. Week, on imported ore price rise and spiral upward, under the stimulus of billet tentative price to rise. But because the market is too weak, most vendors about future lack of confidence, so even if the ore, after period of screw continue to pull up, and the price of steel billet is check up stabilizing. On Wednesday, YanGang billet the bidding price is high when the market mainstream price 28 yuan, but still not drive market prices continue to rise. Near the weekend, shipment is slightly better, prices rose slightly, billet exploratory edged up again later. This week in east China steel billet market basically stable. Although a small rebound, dominate the city of tangshan billet prices this week and phase of the screw market performance is good, but the east China area most steel mills are still is given priority to with positive shipment, temporarily put price stability. According to the part of the manufacturer: tangshan billet prices edged up after the east China ship steel billet is slightly better, but the factory because money is tight, and worried that after the price clinch a deal difficult, so feel hesitate to rise in price, 304 stainless steel belt still is given priority to with positive shipment collection.
