Is expected in the short term 304 stainless steel belt is given priority to with weak - Tianjin stainless steel co. , LTD

The weather is cold, the downstream demand for 304 stainless steel belt has not be able to restore, in the short term traders also know, even if you take the price cut is not likely to change volume, so the late market price cut space. At the same time, the billet prices have dropped to 2000 yuan/ton mark, market mentality dropped to freezing point, had winter this year in the wait state. A rut. Steel prices are hitting, due to the loss serious, steel mills have different degrees of recent maintenance plan, and this year's maintenance strength is bigger than usual, so steel mills in further depress coke prices again. Coking plant in the sales pressure on the circumstances, late for coke prices more pessimistic. Individual companies are now at a loss, but in order to speed up the capital flow, their strength is not big, is expected to coke prices will likely face before the Spring Festival in the second adjustment. Coke market continued weakness, steel prices are hitting, due to the heavy losses, the recent all have different degrees of maintenance plan, and this year's maintenance strength is bigger than usual, so steel mills in further depress coke prices again. Coking plant in the sales pressure on the circumstances, late for coke prices more pessimistic. Individual companies are now at a loss, but in order to speed up the capital flow, their strength is not big, is expected to coke prices will likely face before the Spring Festival in the second adjustment. Single cut in domestic ore market stability. Steel price is low, ore imports also hardly positive, some steel mills in blast furnace overhaul plan step by step on the agenda, their inventories have reduced willingness to dominant weekend mountain east China steel mills have cut the purchase price is 15 yuan/ton, lu, hualian ex-factory price synchronization, in the local small and medium-sized dressing for delivery pressure increases, the 304 stainless steel band has dark drop shipment, at present shandong about future look empty, trading atmosphere is very light. Northeast China steel procurement change is not big, but there is agreement to finish loading task, for a small rise in the price of 5 - 10 yuan/ton, but even raised to clinch a deal is still weak; Dressing said can't accept low price in north China, which leads to the phenomenon of low to high in the local steel plant is relatively common. This week at the beginning of the opening, the local construction steel market in changsha Yin fell under the influence of test all the way, the situation on Wednesday. From the point of market performance, week price reason mainly is the price of early market rose too fast and too much, the actual demand is difficult to keep up with the pace of the forward price, thus accumulate over a long period, the lack of actual demand to support price step by step, only to low levels, demand and reasonable in price stand, and gradually stabilize local price as the peripheral market under control, vulnerable consolidation will continue until the weekend. Clinch a deal, clinch a deal this week week merchants, poor performance on Wednesday, normal volume specification, several large cargo agents, about 500 - 600 tons/day, in a stable environment, is expected to price may be a smooth transition to the next week. Due to the futures market prices rose sharply, 304 stainless steel belt spot dealers mentality tend to be more optimistic, but the price stores only willing to try just a little. In fact, yesterday in the Shanghai area of thick plate spot sales situation is not ideal, the downstream demand no showed signs of active; On the other hand, the new stock resources in quantity is not much, traders exist the phenomenon of tight, specifications price increases after the businessman profit co. , LTD. But because some resources and settlement cycle began, traders can't speed up the sales, so a small rise in price in line with expectations. Today's mainstream quotation prices than before 50 yuan/ton. Further communication with local traders know that due to weak demand, various shipments are poor; To repatriate funds, considering the present market situation, the traders to cover positions to replenish onr's stock is cautious, temporarily is given priority to with watching, replenish inventories have to be decided according to the market next year, so now the chongqing floor traders have relatively less. Views on afternoon, in the short term is expected to 304 stainless steel belt still is given priority to with weak.