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In the short term or continuation of the 304 stainless steel with price - weak steady movements Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-13
Today, 304 stainless steel with price stability, market clinch a deal the overall situation, the downstream terminal purchasing power. Tube factory, has slightly pull up henan longteng pipe factory in thin-walled seamless steel pipe factory price, pull or degrees in 20 yuan, henan HSBC, feng bao is not to do any adjustment, keep stability situation basically. Markets, according to the dealers said although the recent shandong linyi tube factory improve capacity utilization by the early stage of the commission of twenty percent to fifty percent today, but the market still have shortage phenomenon, at present small diameter seamless pipe without spot, how is the purchasing homes. And because shandong seamless tube quality declined and resource demand factors, traders more now choose other tube factory replenishment. Downstream terminal distribution is more difficult. Deals with the afternoon market seamless tube is expected in the short term, the local market may still give priority to with stability wait-and-see. As the market is expected to cut interest rates, coupled with weak downstream demand, market clinch a deal, the better the rate cut profiles market impact is not big, wait-and-see mood is thicker, the downstream market price upward, but stores inventory as a whole is not high, the supply and demand is relatively balanced, tended to subject, in the mainstream market price stability. According to market understands, billet aspects: afternoon tangshan, changli carbon billet producer prices for 2060, the stable prices of steel, a small supporting role to the local material market, so the price has greatly decreased probability is not big, the author thinks that, 304 stainless steel belt is generally weak, market prices in the short term is expected to guiyang profile most is given priority to with narrow consolidation.
as the market is expected to cut interest rates, coupled with weak downstream demand, market clinch a deal, the better the rate cut profiles market impact is not big, wait-and-see mood is thicker, the downstream market price upward, but stores inventory as a whole is not high, the supply and demand is relatively balanced, tended to subject, in the mainstream market price stability. According to market understands, billet aspects: afternoon tangshan, changli carbon billet producer prices for 2060, the stable prices of steel, a small supporting role to the local material market, so price of 304 stainless steel belt has greatly decreased probability is not big, the author thinks that, recently in the steel market is generally weak, most is given priority to with narrow consolidation is expected in the short term market prices.
in the near future, raw material prices have been at the narrow adjustment stage, the weekend of the central bank cut interest rates to no obvious role in formation, billet and strip are no big action so far. Tube factory, due to weak downstream demand, high price shipment is blocked, but because of its high cost pressure, tube factory also appears more cautious in terms of pricing. Markets, for upstream tight trading range, a careless with the local traders, prices remained weak stability is given priority to, shipping is slightly better than the same period last month, but it is far compared with previous years. Merchants reaction, hong kong-listed environment remains unchanged, and competition between traders, business promotions. Concerns about the market at present is still more apparent, under the premise that the market outlook is uncertain, traders operation is given priority to with conservative, keep low inventory cost. To sum up, in the short term or continuation of the price of 304 stainless steel with weak stability.
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