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

Current downstream stainless steel belt demand situation is not optimistic, in the coal market crisis intensified and a large number of losses increase under the situation of coal enterprises, weak coal city has become the norm. Domestic steel billet market began to appear signs of loosening, manufacturers also began from before cautious wait-and-see turned down to follow the market, and in contrast to last week, the weakening of billet fell period steel also helped. But the real reason is because the message surface gradually calmed, hype after tide drops, of supply and demand contradiction. Due to shrinking demand, low volume, downstream of the purchasing willingness of billet drops greatly, and because of the billet prices are still relatively high, poor PiCai upside down, at the same time also compress the profits of export orders. Also consider ore began to fall, in the late of billet support waning gradually, and therefore is expected late short-term will remain concussion down billet. Early last week, billet mainstream offer agent rose slightly, according to the businessman that export orders due to previous steel mills have section, so the timber volume variation downstream did not affect the enthusiasm of the billet increases. However, as the timber volume continued to bad, purchases a cliff, stainless steel belt forced to start cut, also began billet downward shift.
to sum up, the domestic seamless pipe market prices in the short term is expected to weak stability. Market, the markets after last week's hangzhou GeChang resource price war, relatively stable local market mentality clear this week. Even if the weekend upstream raw material steel billets and steel strip a wave 'surge', but said local merchants upstream recent performance has been rise and fall, insufficient strength of market prices to rise. Today, in addition to the individual local large shipments as well as well other tenants said shipment is general, prior to depreciate sales promotion effect is still not obvious. Inventory level, and now the local market merchants mentality is relatively cautious, the actual pin library is slow, traders on the procurement operation also more cautious, now more than a large inventory in 3000 tons. Considering the current market supply and demand fundamentals are still weak, the market vigor is low, businesses wait-and-see attitude about future policy performance, short-term is expected to hangzhou welded pipe market still narrow consolidation. Under the market hasn't been spared, medium and small diameter tube also have shortage phenomenon, businesses currently inventory control in the low post, sales of inventory is before, now the ship is almost more than replenish onr's stock, large-diameter seamless pipe there is no shortage of phenomenon. Tube factory downgrades of the ex-factory price last week, but business is not to fall, the main because of weak downstream procurement efforts to release a quantity to reduce profits. Dealers said current near the Dragon Boat Festival holiday, the downstream procurement efforts not good, basic price stability. When it comes to the afternoon market in the short term is expected to price of stainless steel belt is given priority to with weak stability.