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In the late 304 stainless steel hope remained - with market demand Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-06
The 304 stainless steel belt down 6 enterprise fixed assets investment.
7%, investment in new production zero, mainly to the steel deep processing and energy conservation, environmental protection and other fields.
Surface of the steel mills transformed the development strategy of the past, the next step will for production control are further interest.
These two years, in fact you can see more and more short steel procurement of iron ore production scheduling cycle control, is also a double oppression by the upstream and downstream.
although the hong kong-listed stock pressure is not big, but whether it's cost, or need to follow up, or money, or even steel mill, there are no strong strength support, short-term continue to empty and weak. That is to say, the hong kong-listed by mere merchants control its inventory and the downstream procurement end game, and the excess supply of steel is still serious in itself. The author thinks that, in the short term, or the first half, the spot steel prices to a significant recovery, continue to narrow at the bottom of the consolidation.
under the downward pressure of the domestic economy, since the second quarter 'stimulus' became familiar words; May have released economic data show that China's economic recovery trend gradually clear, and the works of the iron and steel industry, but is still falling. In the 'micro stimulus' steel market scale, and line and cherish it. Vulnerable consolidation will continue, the dawn of the rebound is looming. Market after the Dragon Boat Festival and not as expected bottoms out, instead of a dip again, money pressure, contradiction of supply and demand and the cost is to limit the current steel prices weaker, the main reasons for the rotary and steel mills still have good profit dropped sharply because of cost, therefore to maintain relatively high yield will also is a major operating, 304 stainless steel belt in the short term will continue to face the current for the strong to the weak, such as financial strain pressure.
economic data from the bureau of statistics released in early may, the manufacturing PMI index for 3 months in a row in the rebound trend, the reaction at the kept increasing 'stimulus' policies and measures, the trend of the domestic economy gained momentum in strengthening. Corresponding to this is, however, as a major means of production of steel has weak hard to change, 'red' may continue to decline, games in August is also failed to start, dip again; Indications that economic entities, such as iron and steel industry in which the pattern. Why will appear this kind of deviate from the pattern of China's iron and steel spot network analysts think the main reason is caused by severe overcapacity in the steel industry; Market after the loss of money 'reservoir' function, plus the bank credit limit on steel trade increase at the same time, also further expanded to the upstream steel mills, the industry has been under pressure to cash-strapped, steel mills have to maintain high yield borrow to cope with the bank may be smoking behavior; High production lead to high inventory pressure, under the circumstances of universal financial strain, steel prices are relatively harsh repression; And as the main terminal steel consumption, the real estate market weakness is difficult to change. But along with the continuously upping the micro stimulus after entering to speed up the implementation stage, caused by economic weakness steel demand situation will eventually open, late 304 stainless steel with the market demand of hope still remains.
although the hong kong-listed stock pressure is not big, but whether it's cost, or need to follow up, or money, or even steel mill, there are no strong strength support, short-term continue to empty and weak. That is to say, the hong kong-listed by mere merchants control its inventory and the downstream procurement end game, and the excess supply of steel is still serious in itself. The author thinks that, in the short term, or the first half, the spot steel prices to a significant recovery, continue to narrow at the bottom of the consolidation.
under the downward pressure of the domestic economy, since the second quarter 'stimulus' became familiar words; May have released economic data show that China's economic recovery trend gradually clear, and the works of the iron and steel industry, but is still falling. In the 'micro stimulus' steel market scale, and line and cherish it. Vulnerable consolidation will continue, the dawn of the rebound is looming. Market after the Dragon Boat Festival and not as expected bottoms out, instead of a dip again, money pressure, contradiction of supply and demand and the cost is to limit the current steel prices weaker, the main reasons for the rotary and steel mills still have good profit dropped sharply because of cost, therefore to maintain relatively high yield will also is a major operating, 304 stainless steel belt in the short term will continue to face the current for the strong to the weak, such as financial strain pressure.
economic data from the bureau of statistics released in early may, the manufacturing PMI index for 3 months in a row in the rebound trend, the reaction at the kept increasing 'stimulus' policies and measures, the trend of the domestic economy gained momentum in strengthening. Corresponding to this is, however, as a major means of production of steel has weak hard to change, 'red' may continue to decline, games in August is also failed to start, dip again; Indications that economic entities, such as iron and steel industry in which the pattern. Why will appear this kind of deviate from the pattern of China's iron and steel spot network analysts think the main reason is caused by severe overcapacity in the steel industry; Market after the loss of money 'reservoir' function, plus the bank credit limit on steel trade increase at the same time, also further expanded to the upstream steel mills, the industry has been under pressure to cash-strapped, steel mills have to maintain high yield borrow to cope with the bank may be smoking behavior; High production lead to high inventory pressure, under the circumstances of universal financial strain, steel prices are relatively harsh repression; And as the main terminal steel consumption, the real estate market weakness is difficult to change. But along with the continuously upping the micro stimulus after entering to speed up the implementation stage, caused by economic weakness steel demand situation will eventually open, late 304 stainless steel with the market demand of hope still remains.
