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In the short term, 304 stainless steel belt or disadvantaged consolidation run - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-13
Market bearish sentiment is strong, plus a small narrowband prices falling recently, enables this frail frame tube loss of market confidence, tube factory, few new orders, so the enthusiasm of material is also low, 304 stainless steel clinch a deal with the market is very weak.
Steel mills clinch a deal the cold and cheerless, recently the backlog of inventory has certain;
Coupled with lack of confidence in the market, bearish mood leads to lower the market active, causing the strip steel factory price dropped quickly.
Places such as markets, today's wuxi market price is also have downgraded.
Due to weak downstream demand, coupled with strip steel producer price downward in north China, the south has also appeared in the market price decline of different amplitude, at the same time the market clinch a deal.
Weak in the short term, strip steel market confidence, the price is still the following line.
Steel mills and traders mentality more cautious and demand off-season arrival, has the certain actual transaction price discount.
In the short term, clinch a deal the continuation of the finished material market weakness today, plus some benefits of the current macro and not very effective, on the contrary weak fundamentals is limiting the market's positive, therefore, is expected tomorrow market will continue to steadily weaker in tangshan profile adjustment pattern.
Market, the recent poor local market for shipment, partial businessman dark promotion, but failed to respond to, finally today market prices, mainly small and medium-sized tube linyi drop 50 yuan.
And because of 304 stainless steel with the market demand is difficult to release, recent business inventory will reduce consumption of inventory is a the price of the other businesses.
The local market in the short term price is expected to give priority to with weak stability.
today early morning, the price is generally stable, learned the news from the market, the recent baotou steel trade business transactions are not ideal. Decline due to the recent domestic market downstream terminal site purchasing motivation is not big, more for on-demand procurement, insufficient market demand. And baotou merchants is affected by the domestic mainstream market price swings, late to market confidence, a small number of merchants low for such a phenomenon is very impatient, prices began to decline, the test market, expect more volume, but the effect is not obvious. To sum up, is expected to baotou hot-rolled prices weak run late. Today, xi 'an welded pipe market prices dropped significantly, the market for shipment. Over the weekend, the price of steel billet again round number came to 2000 yuan, strip steel are also vulnerable to attack, the price of steel is afternoon left is right cause attention again. Affected by raw material market fall week opened with a pipe mill downgrades of ex-factory price, drop 20 - 30 yuan. Markets, influenced by weakening the upstream market situation, plus shipment still no improvement, local welded pipe prices also fell significantly. Merchants reaction, the upstream market a weaker let traders operating more cautious, overall inventory is not big, or also played a supporting role to the market. But in view of the present market situation, traders are more pessimistic mood, generally not bullish. To sum up, in the short term, 304 stainless steel belt or disadvantaged consolidation.
today early morning, the price is generally stable, learned the news from the market, the recent baotou steel trade business transactions are not ideal. Decline due to the recent domestic market downstream terminal site purchasing motivation is not big, more for on-demand procurement, insufficient market demand. And baotou merchants is affected by the domestic mainstream market price swings, late to market confidence, a small number of merchants low for such a phenomenon is very impatient, prices began to decline, the test market, expect more volume, but the effect is not obvious. To sum up, is expected to baotou hot-rolled prices weak run late. Today, xi 'an welded pipe market prices dropped significantly, the market for shipment. Over the weekend, the price of steel billet again round number came to 2000 yuan, strip steel are also vulnerable to attack, the price of steel is afternoon left is right cause attention again. Affected by raw material market fall week opened with a pipe mill downgrades of ex-factory price, drop 20 - 30 yuan. Markets, influenced by weakening the upstream market situation, plus shipment still no improvement, local welded pipe prices also fell significantly. Merchants reaction, the upstream market a weaker let traders operating more cautious, overall inventory is not big, or also played a supporting role to the market. But in view of the present market situation, traders are more pessimistic mood, generally not bullish. To sum up, in the short term, 304 stainless steel belt or disadvantaged consolidation.
