In the late 304 stainless steel with possible - prices are still rising Tianjin stainless steel co. , LTD

Last week 304 stainless steel with market price movements appear relatively chaos. Billet, rebar futures prices week rebound obviously, and the beijing-tianjin region thread spot prices due to reasons such as weighing gauging instead dropped significantly, other parts price also mixed, the overall price movements is high. Steel billet, rebar futures prices dragged down by the stock market fell sharply after the week soared and callback, particularly futures prices fell too. Each dominated city clinch a deal last week is not ideal, the downstream demand is not sufficient, the launch of domestic inventories continue to rise. Tangshan billet prices edged up again on Friday, and rebar futures prices under the pressure of the stock market crash was just slightly lower, according to the market recovered. Is expected under demand continues to start pulling this week, domestic hong kong-listed will waiting game, don't rule out the possibility of price rebound. Forecasts since last week, steel trade, steel unit basic normal work, but not quickly recover 304 stainless steel with demand, and hebei iron and steel group, rebar price changed from ponderation to gauging delivery, sales, market need to have a adjustment. This week, the downstream unit of steel production and operation will be recovered, torque tube length will also purchase quantity increased, it is good for market price movements. Although last week's futures, billet price appeared high back, but to Friday market confidence and recovered, billet prices edged up, let's see some hope again. In addition, over the weekend, the handan city government action will be the second weekend, concentrated demolition of 8 blast furnace, once again showed the government determination to compression steel production, energy conservation and emissions reduction, also let us see some hope again. In recent days in most areas of north China renewed the serious fog weather, or the market's expectations of the government assault on electricity, emission limits. Overall, although nearly two weeks poor domestic prices low volatility, clinch a deal, inventory growth, but as I said before, the current domestic inventory level is not high, the price is so low, shoulds not be too pessimistic about shandong seamless steel tube afternoon movements, cut all the meat sold by the floor price. Late 304 stainless steel with the possibility of prices are still rising, especially the two end, construction really began.