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In the second half of the domestic and foreign stainless steel belt price demand trend reversal - hard Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
The demand side, did not see obvious improvement, stainless steel belt downstream purchase price is less, more cautious wait-and-see.
Supply, steel mills are losing money more, mass production, but not seen in the case of weak demand for consumption, inventory is still on the rise, still sharp contradiction between supply and demand;
Macro, national no bailouts, news lack of positive boost, businesses still bearish market outlook.
Domestic material market continued to fall, tangshan dominate the market in 80, east China market as the leading steel mills take turns to downgrade, declines gradually spread.
The whole, the downstream demand is weak, clinch a deal the weakness, the upstream raw materials fall endlessly, huang goods trade enthusiasm dropped to freezing point, dominate the market this week statistics day shipments straight at the low end, also shows that the current market mentality is very pessimistic.
Vulnerable to this kind of steel is characterized by few orders, the difficulties, then depreciate sales promotion phenomenon appear constantly, especially the sunshine, treasure have to adjust the amplitude and frequency obviously increase, make the arrival of the cost and the market mentality is at rock bottom.
domestic still give priority to in order to cut the strip, including 80 yuan in north China leading steel mills cut this week, cut 130 tianjin disambiguation is abundant, mainly because of the bad clinch a deal the inventory backlog, insufficient capital chain, 30 - reduction in east China, south China 60 yuan, price of stainless steel with lower apparent and downstream end demand not's capacity is still the influencing factors of strip steel prices rebounded. But this week coincides with the Mid-Autumn festival, it is estimated that the downstream will have periodic inventory operation, but the businessman to afternoon broadly bearish, terminal purchasing to buy or not to buy up, so now the price upward. Owing to the bad clinch a deal, the businessman will lower goods, multidimensional flat into flat out, also have individual agreement stores the arrival of the cycle is short, inventory consumption is slow, so the cut to stimulate consumption more apparent. Strip steel and steel billet price 280 yuan, the factory profit is not high, but there are still existing capacity, so prosperous tang shan area steel mills to increase the new production line this month, on September 6, is said to have started production, when the time comes late supply pressure increase. The current housing sales slump, real estate investment also is in decline, as the end of the high temperature weather gradually, refrigerators, air conditioners and other appliances sales will also enter the off-season, so late to inhibit the release of steel demand. Main raw billet, iron ore and related futures downward influence continuously, the spot market pessimism, traders will delivery, amount of market price for common operation, but the downstream industry cannot alter the downturn, coupled with the 'buy or not to buy up' psychological impact, just need a small amount of users use namely or cautious wait-and-see, around the market clinch a deal at low volume. In the second half of the domestic and foreign stainless steel belt price demand trend reversal, the economic downward pressure is still there. First of all, the export growth recovered but difficult to significantly improve. Recently China's external environment improved, export growth appears some positive factors.
domestic still give priority to in order to cut the strip, including 80 yuan in north China leading steel mills cut this week, cut 130 tianjin disambiguation is abundant, mainly because of the bad clinch a deal the inventory backlog, insufficient capital chain, 30 - reduction in east China, south China 60 yuan, price of stainless steel with lower apparent and downstream end demand not's capacity is still the influencing factors of strip steel prices rebounded. But this week coincides with the Mid-Autumn festival, it is estimated that the downstream will have periodic inventory operation, but the businessman to afternoon broadly bearish, terminal purchasing to buy or not to buy up, so now the price upward. Owing to the bad clinch a deal, the businessman will lower goods, multidimensional flat into flat out, also have individual agreement stores the arrival of the cycle is short, inventory consumption is slow, so the cut to stimulate consumption more apparent. Strip steel and steel billet price 280 yuan, the factory profit is not high, but there are still existing capacity, so prosperous tang shan area steel mills to increase the new production line this month, on September 6, is said to have started production, when the time comes late supply pressure increase. The current housing sales slump, real estate investment also is in decline, as the end of the high temperature weather gradually, refrigerators, air conditioners and other appliances sales will also enter the off-season, so late to inhibit the release of steel demand. Main raw billet, iron ore and related futures downward influence continuously, the spot market pessimism, traders will delivery, amount of market price for common operation, but the downstream industry cannot alter the downturn, coupled with the 'buy or not to buy up' psychological impact, just need a small amount of users use namely or cautious wait-and-see, around the market clinch a deal at low volume. In the second half of the domestic and foreign stainless steel belt price demand trend reversal, the economic downward pressure is still there. First of all, the export growth recovered but difficult to significantly improve. Recently China's external environment improved, export growth appears some positive factors.
