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In the past two years 304 stainless steel belt downstream demand fluctuations in convergence and relatively stable - step by step Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-13
Hong kong-listed various negative attacks this month, 304 stainless steel belt price is limping dish whole slide, near the end of the month, it is under the boost of the futures market, spot hong kong-listed reproduce signs of stabilization, domestic hong kong-listed today and now, the overall trend is up, in the case of tight finances, market or won't appear rebound sharply, in all kinds of micro stimulate overweight, all sorts of policy in the subsequent or gradually implement, requirements, or can be anticipated, steel trade, after a long-term price cuts depressive, although June of hong kong-listed is the traditional off-season, may also be off-season not pale, appear even in retaliatory rise in early April, may fall modestly crude steel production, market inventory decline in a row, the export situation is good, in fact, hong kong-listed were good, after a long-term structural adjustment and torpor, hong kong-listed or anticipated in the second half year.
Website, according to the steel market monitoring shows that today's rise in the domestic construction steel prices steady, businessmen mentality better, hot rolled coil plate prices rose slightly, medium thickness plate price fluctuation is not big, mainstream stability, profile prices fluctuated, pipe price is still weak.
domestic hong kong-listed narrow consolidation, partial variety stability, some varieties of rise and fall. Although the market is still not jump out of the consolidation pattern, wait-and-see atmosphere still exist, but the early stage of the overall performance is slightly better, prices are stabilizing. History shows that low inventory and steel price and there is no one-to-one relationship, supply and demand pattern to improve ( Or anticipated) The only driving factor is the rise in steel prices. In steel prices continue to fall under the premise of reversed transmission steel mill production adjustment. Nearly 304 stainless steel belt downstream demand fluctuations gradually convergent and relatively stable, short-term blast furnace operating at rapid decline of supply and demand pattern stage, is becoming a rapid decline after the steel price stage rebound relatively effective prior indicators. For the moment, relatively low in mid-march inventory provides a good steel price stabilises objective conditions, but for shrinking supply end adjustment, the evolving paths leads to the deterioration of the earnings can be to steel prices continue to fall, consider short-term demand rapid decline probability is not big and industry profit fair fundamentals, we tend to think that this is a relatively slow and need to wait for process.
comprehensive consideration, at present the industry comes from the pure less inventory pressures, but expect steel prices rebound stage is the premise of off-season demand must stabilize after down first, and push steel prices continue to fall during the significant adjustment and steel production. And inventory fluctuations after narrowing, the amplitude and duration of steel prices rebound gradually convergence, industry shares rebound as steel prices, falling probability of relative gain. Overall, fell back on the demand of the trend of steel prices rebound game undoubtedly is greater than the risk of income and more chicken ribs. Therefore, we continue to maintain a neutral rating industry, short-term 304 stainless steel prices rebound game need to be treated carefully and to wait.
domestic hong kong-listed narrow consolidation, partial variety stability, some varieties of rise and fall. Although the market is still not jump out of the consolidation pattern, wait-and-see atmosphere still exist, but the early stage of the overall performance is slightly better, prices are stabilizing. History shows that low inventory and steel price and there is no one-to-one relationship, supply and demand pattern to improve ( Or anticipated) The only driving factor is the rise in steel prices. In steel prices continue to fall under the premise of reversed transmission steel mill production adjustment. Nearly 304 stainless steel belt downstream demand fluctuations gradually convergent and relatively stable, short-term blast furnace operating at rapid decline of supply and demand pattern stage, is becoming a rapid decline after the steel price stage rebound relatively effective prior indicators. For the moment, relatively low in mid-march inventory provides a good steel price stabilises objective conditions, but for shrinking supply end adjustment, the evolving paths leads to the deterioration of the earnings can be to steel prices continue to fall, consider short-term demand rapid decline probability is not big and industry profit fair fundamentals, we tend to think that this is a relatively slow and need to wait for process.
comprehensive consideration, at present the industry comes from the pure less inventory pressures, but expect steel prices rebound stage is the premise of off-season demand must stabilize after down first, and push steel prices continue to fall during the significant adjustment and steel production. And inventory fluctuations after narrowing, the amplitude and duration of steel prices rebound gradually convergence, industry shares rebound as steel prices, falling probability of relative gain. Overall, fell back on the demand of the trend of steel prices rebound game undoubtedly is greater than the risk of income and more chicken ribs. Therefore, we continue to maintain a neutral rating industry, short-term 304 stainless steel prices rebound game need to be treated carefully and to wait.
