Is expected in the late 304 stainless steel parts of the market and minerals or slightly lower Tianjin stainless steel co. , LTD

Domestic market weak downward, clinch a deal the light. Raw material market this week have the following line is given priority to, tiny concussion, price of 304 stainless steel belt of pig iron market support underpowered. Two sessions concluded near the weekend, and now has not been good policy, pig iron market is given priority to with watching more. Steelmaking pig iron market this week affected by previous steel, billet prices this week offer much lower, the downstream demand there is no obvious improvement. Foundry pig iron clinch a deal in most general, individual iron works to stimulate the shipment, is favorable for more substantial. Above all, raw materials market support is insufficient, the absence of significant improvement in the downstream demand, next week is expected to domestic pig iron market steady weakness, price of individual regions or slightly decreased. Some recent steel straight cut coke procurement prices for many times, due to weak downstream demand crude steel production increased sharply, abnormal market supply and demand contradiction, steel sales pressure, in this case, the hard to avoid crackdown on raw materials market and control the coke and other raw material inventory in order to reduce the cost of capital. Parts after pricing in recent weeks, the independent coking enterprises into a state basic overall losses, market as a whole atmosphere for pessimism. Because since the beginning of coking coal prices have fallen sharply, the percentage of loss-incurring enterprises independent coking enterprises has not yet reached the bottom of the last year level. If the late market situation fester, jiao qi to leak area or will expand. Late in the steel mills intensify efforts to control costs, coke market price or will continue to be slightly adjusted. If the downstream steel market is difficult to see, coke prices will still to the bottom. 304 stainless steel belt mixed market, most of clinch a deal is still weak. It is understood that although the recent areas in hebei rolling enterprise began to resume production, but production speed is relatively slow, leading to mild steel billet demand growth. And shandong, jiangsu and other places to billet demand remains light, manufacturers' new orders is limited. At the same time, the bank's strategy 'accept more loans less' that afflict, steel trade circle many small and medium-sized steel mills funds stress significantly. In addition, the leading city of tangshan region billet inventory slants big, form drag on prices rebound. Fortunately, the environmental regulation is expected to strengthen again, this also is becoming a hot spot of manufacturers to.
at present, the steel market is still lack of effective upward momentum, and even some steel varieties are still falling space, market demand has been difficult to volume. In this case, the steel mills to circumvent the risk of late, will increase pricing power. Last week, hebei and shandong and other regions, the steel mills have cut the purchase price, this week is expected to have more steel join lower purchase price, is bound to form a relatively strong suppression effect of iron ore market. Comprehensive the above reasons, expected late 304 stainless steel parts with market and minerals or slightly lower.