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Is expected in the near future will remain weak domestic stainless steel belt market run - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-14
Weakness all show the market at present, steel mills and foundries due to the end of bank credit, capital pressure increases, the cost control, purchasing or interacting, or strict inspection of steel scrap or as needed.
For businesses, at this stage on liquidity is not big, difficult stock shipment also difficult, the dilemma situation, partial businessman has chosen temporary parting industry, watching the scrap steel market, in order to reduce risk;
And strong fund's businesses are choose cautious attitude operating market.
Is expected in the near future will remain weak domestic stainless steel with market operation.
In the face of plummeting tangshan market, domestic manufacturers more than other regions is given priority to with watching, part of the market and even suspend quotation, actual transaction a single.
As tangshan steel billet, finished product material market prices lower, lower part manufacturers began to appropriate inventory, lead to low resource deals, so a tentative rebound midweek billet, market.
tangshan billet market is stabilized before they rise this week, but as a result of the downstream products of material performance, so the billet gains seem far-fetched. Learned, tangshan, building materials, profiles of the early low volume, small and narrow strip steel is relatively smooth, delivery and collection of billet in export orders is more, the market resources are tight, so the billet offer basic maintain stable. Until Wednesday, YanGang billet the bid price is significantly higher than the mainstream market quotation, at the same time the stock market, screw up in succession, plus small narrow strip to rebound, then the price of steel billet is tentative pull up. But not for long, narrow strip steel price clinch a deal, after the market is still weak, and other markets with higher enthusiasm is not high, so the billet continue to trend up, mainstream offer check up stabilization. But looked from the overall situation, hong kong-listed downward trend, there is no change, the downstream procurement is still cautious, the market outlook is still bearish, so even if the price with a low in recent 10 years, business is still no plan to stock up, had winter. This week, the domestic market of titanium iron poorly run. Is about to open a new steel plant bidding activity, from the early market clinch a deal, this month titanium iron market steel prices or trend stability of small and medium-sized fall over. Titanium iron production enterprises, said before the market demand, stainless steel and the amount of basic enterprise January only for old customers, but now the downstream demand shrank, titanium iron companies to develop new customers, market competition is increasingly fierce, in order to maintain cooperation relationship between customers, only the price war, but in the end a bad or titanium iron enterprises. Titanium concentrate weak market steady consolidation this week, light downstream demand, market clinch a deal. Present domestic steel billet market rose slightly. It is understood that in recent period of time, the domestic most billet resources are not too many, and soaring stock market, futures up, eventually stimulates spot prices also tentatively chase after go up. But it is worth noting that the current poor performance of the finished product material market clinch a deal most varieties are not ideal, as the weather turns cold, hong kong-listed requirements or will continue to turn pale. Unstable mentality and manufacturers, a little pessimistic about afternoon, the rise of billet tension degree is very limited, it is difficult to appear continuously rising prices. In addition, the manufacturer funding pressure will gradually increase, even if the market for 'drop' is higher, but steel mills cash-strapped situation is still not improved much. Comprehensive consideration, stainless steel belt next week is expected to remain low consolidation pattern, the late prices fall hazard.
tangshan billet market is stabilized before they rise this week, but as a result of the downstream products of material performance, so the billet gains seem far-fetched. Learned, tangshan, building materials, profiles of the early low volume, small and narrow strip steel is relatively smooth, delivery and collection of billet in export orders is more, the market resources are tight, so the billet offer basic maintain stable. Until Wednesday, YanGang billet the bid price is significantly higher than the mainstream market quotation, at the same time the stock market, screw up in succession, plus small narrow strip to rebound, then the price of steel billet is tentative pull up. But not for long, narrow strip steel price clinch a deal, after the market is still weak, and other markets with higher enthusiasm is not high, so the billet continue to trend up, mainstream offer check up stabilization. But looked from the overall situation, hong kong-listed downward trend, there is no change, the downstream procurement is still cautious, the market outlook is still bearish, so even if the price with a low in recent 10 years, business is still no plan to stock up, had winter. This week, the domestic market of titanium iron poorly run. Is about to open a new steel plant bidding activity, from the early market clinch a deal, this month titanium iron market steel prices or trend stability of small and medium-sized fall over. Titanium iron production enterprises, said before the market demand, stainless steel and the amount of basic enterprise January only for old customers, but now the downstream demand shrank, titanium iron companies to develop new customers, market competition is increasingly fierce, in order to maintain cooperation relationship between customers, only the price war, but in the end a bad or titanium iron enterprises. Titanium concentrate weak market steady consolidation this week, light downstream demand, market clinch a deal. Present domestic steel billet market rose slightly. It is understood that in recent period of time, the domestic most billet resources are not too many, and soaring stock market, futures up, eventually stimulates spot prices also tentatively chase after go up. But it is worth noting that the current poor performance of the finished product material market clinch a deal most varieties are not ideal, as the weather turns cold, hong kong-listed requirements or will continue to turn pale. Unstable mentality and manufacturers, a little pessimistic about afternoon, the rise of billet tension degree is very limited, it is difficult to appear continuously rising prices. In addition, the manufacturer funding pressure will gradually increase, even if the market for 'drop' is higher, but steel mills cash-strapped situation is still not improved much. Comprehensive consideration, stainless steel belt next week is expected to remain low consolidation pattern, the late prices fall hazard.
