Is expected in the near future stainless steel belt price or will continue to stabilize - Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-13
Domestic price of stainless steel with a continuation of disadvantaged consolidation.
Yesterday evening, the central bank announced that the directional drop again, the brigadier general release 100 billion liquidity for the real economy.
The impact on hong kong-listed have certain hysteresis, will not because the 'directional drop' and immediately release of stimulating demand.
Thread in early trading, futures continue to range trade, billet prices fell slightly, and the more affected by high temperature and rainy weather and clinch a deal the multiple of further reduction and suppressed by negative in real terms, the market cannot alter the weak.
But given the current price is relatively low and the social support inventory continues to fall, the majority of merchants deep down will not strong, operational stability still flexible sales, also have individual regions are eager to ship, quotation slightly loose.
Guiyang steel market, now the whole peripheral good gradually increased, but the deal difficult to respond to circumstances, prices rebound momentum is still insufficient, therefore the domestic construction steel market or tomorrow is expected to consolidate market.
under the impact of the low-cost resources, stainless steel belt sales situation is not very ideal. However, given the current resource is not abundant and dealer cost is higher, dimensional stability. According to understand, the local leading steel mill of hot rolling production line in recent years for sintering for maintenance and repair, affect the output of about 40000 tons, the late supply will be reduced. Next week, the price is expected to give priority to with stability. Market clinch a deal the overall performance is relatively light, delivery speed and shipments are markedly reduced. Part of the site to shut down, on the one hand, the college entrance examination is drawing near with cargo. On the other hand, total market demand is weak, the east China area weak stability overall situation, market expectations downward price, therefore, the end user purchase enthusiasm is not high. In addition, the site for distribution of straight for restocking the enthusiasm is limited. Therefore, the market volume was light as a whole. But the price on the premise of maanshan steel, such as reducing supply without much further, stainless steel with overall performance for a weak unstable situation. Offer basic stability, the actual clinch a deal in the bargaining space is enlarged.
together, because of the market in a saturated state, the middle and lower reaches of the businessman purchase enthusiasm is not high, in the short term is difficult to see signs of medium plate prices rebound, the author predicts that in the future a period of time, the plate market mainstream price or will continue to run stability. Local galvanized merchants offer remains steady, shipment. It is understood that the current local galvanized part resources shortage, of which no flower resources, most notably in benxi steel businesses strong stability state of mind. Although recently about afternoon rebound many remarks, but local merchants to market expectations are still cautious wait-and-see, the mindset of 'more shipment is king' is still the mainstream, is expected in the near future stainless steel belt price or will remain stable.
under the impact of the low-cost resources, stainless steel belt sales situation is not very ideal. However, given the current resource is not abundant and dealer cost is higher, dimensional stability. According to understand, the local leading steel mill of hot rolling production line in recent years for sintering for maintenance and repair, affect the output of about 40000 tons, the late supply will be reduced. Next week, the price is expected to give priority to with stability. Market clinch a deal the overall performance is relatively light, delivery speed and shipments are markedly reduced. Part of the site to shut down, on the one hand, the college entrance examination is drawing near with cargo. On the other hand, total market demand is weak, the east China area weak stability overall situation, market expectations downward price, therefore, the end user purchase enthusiasm is not high. In addition, the site for distribution of straight for restocking the enthusiasm is limited. Therefore, the market volume was light as a whole. But the price on the premise of maanshan steel, such as reducing supply without much further, stainless steel with overall performance for a weak unstable situation. Offer basic stability, the actual clinch a deal in the bargaining space is enlarged.
together, because of the market in a saturated state, the middle and lower reaches of the businessman purchase enthusiasm is not high, in the short term is difficult to see signs of medium plate prices rebound, the author predicts that in the future a period of time, the plate market mainstream price or will continue to run stability. Local galvanized merchants offer remains steady, shipment. It is understood that the current local galvanized part resources shortage, of which no flower resources, most notably in benxi steel businesses strong stability state of mind. Although recently about afternoon rebound many remarks, but local merchants to market expectations are still cautious wait-and-see, the mindset of 'more shipment is king' is still the mainstream, is expected in the near future stainless steel belt price or will remain stable.