Is expected in the short term 304 stainless steel belt or continue to range trade - Tianjin stainless steel co. , LTD

Overall, clinch a deal without effective overeating, 304 stainless steel belt tight situation doesn't improve, the commodity futures look empty, the local market in the short term consolidation weakening. Near the end of the month, the businessman shipments more generally, surrounding the project has been partial, but take delivery of the vehicle is still less. In addition of funds is still a big problem in business, it is understood that the recent bank to limit loan of real estate, this or will of iron and steel industry to form a certain stimuli. Jisco continue to have arrived in the local resources at present, Long Gang fewer resources, according to incomplete statistics of the current pool stock is still close to 130000 tons, inventory pressures are still large, inventory is still the top priority. Guiyang bellows in the short term price is expected to continue weak stability, watching, don't rule out the possibility that along with the city fell. Specific terms, the downstream demand this week has small volume, but due to the influence of tension on the financing side recently, demand for complete recovery will take time, still under the situation of oversupply, short-term price rise is unlikely, narrow adjustment situation will continue. Cash-strapped also enable customers to pick up the goods will reduce, the weifang inventory is low, the plate can only maintain short-term normal shipment. Overall, short-term heavy plate prices in the local market weakness is expected to run. Combined with the merchants drained a pressure at the end of the local traders mentality significantly weaker, market selling price range again, more than 140 yuan/ton, market presence of low-cost resources at the same time. I& in addition, today for the first two weeks of a retroactive significantly, but it is still not fully in place, resulting in operating activity affected by certain, combined with the downstream demand is still insufficient to follow up, guiyang corrugated pipe market atmosphere has yet to fully recover. Taken together, is expected to 304 stainless steel belt or continue to range trade in the short term. At the beginning of the new century, China's economic gold coincided with the high speed development period, the economic construction demand far exceeds the growth in steel production, and even have to rely on imports to meet. Steel production high profit margins, which drew round steel capacity 'blowout' growth. As chongqing bellows sprawl, product supply. Inventory faster, business confidence, late to market stability.
the current hong kong-listed downstream end demand release significantly accelerated, as after the qingming festival small long vacation, seasonal precipitation will be reduced, is advantageous to the outdoor significant advance of the project; Market real demand season already open; Is affected by this, the businessman mentality obvious adjustment in place, as to the stock continued, businesses to enhance confidence in afternoon, plus the cost of the better support, so the author thinks that, this week and will continue to shock uplink. Chongqing bellows demand fundamentals continue to improve, as the recent steel prices bottomed out, the terminal purchasing for 'buy or not to buy up' psychological guidance, the market purchase enthusiasm obviously promoted, clinch a deal last week spot 304 stainless steel belt is better than last week.