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Is expected in the short term still maintained low - 304 stainless steel belt Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-13
No big recent profile market, 304 stainless steel prices stabilised, profile factory side is no big movements, and tangshan profile market prices basically stable, too.
At the end of the period, businesses generally tight money market, operating mainly shipped back money, order enthusiasm is not high, many on-demand replenishment.
Steel market prices over a period of time after falling, the merchants defensive intentions is stronger, the bottom of the periodic price appeared gradually, the overall market prices gradually get rid of the single face down.
Near the weekend, the market grows the sidelines, domestic profile market prices tomorrow is expected to give priority to with narrow arrangement.
it is not hard to see, no matter from the perspective of supply and demand, or from the cost side, support the seamless pipe market prices falling to the dynamic stabilisation and recovery are not sufficient. In June and is in the midst of the years, the steel trade business will focus into the repayment period. This will make originally cash-strapped pressure is bigger, steel trade enterprise market 'price change amount' pattern, or will continue. Macro aspect, recent official several big improvement indicators data. Iron ore market is young, 304 stainless steel belt market rise significantly. Recently, the domestic ore market as a whole are still low volatility state, the local prices slightly adjusted, is difficult to a significant improvement. And imports ore market is relatively active, due to early fall below $90, after the partial businessman inquiry the enthusiasm, the other from ore derivatives market conduction, short-term upward trend is obvious, therefore the market bullish atmosphere is aggravating, prompted the spot market.
what has been discussed above, the overall point of view, stores in a quick shipment are now a major operating, overall price movements remain weak steady trend; Although most of the stores inventory is low, but the raw material market weak turbulence, so did not support to form rise in price; Businesses are still cautious operation, wait-and-see mood afternoon no less; Expected recently prices or maintain weak consolidation. Affected by this, near noon, screw prices slightly pull up, and most other timber is still is given priority to with stability, market strong wait-and-see atmosphere. Some mundane afternoon billet still stability, market. It is important to note that the recent phase of the screw well, pull up on the spot market to boost slightly in a row, but no distinct advantage, because of the policy, and spot manufacturers more wait-and-see, no obvious actual transaction volume, so the billet spot price upward. Situation at present, in the short term is expected to 304 stainless steel belt remains low.
it is not hard to see, no matter from the perspective of supply and demand, or from the cost side, support the seamless pipe market prices falling to the dynamic stabilisation and recovery are not sufficient. In June and is in the midst of the years, the steel trade business will focus into the repayment period. This will make originally cash-strapped pressure is bigger, steel trade enterprise market 'price change amount' pattern, or will continue. Macro aspect, recent official several big improvement indicators data. Iron ore market is young, 304 stainless steel belt market rise significantly. Recently, the domestic ore market as a whole are still low volatility state, the local prices slightly adjusted, is difficult to a significant improvement. And imports ore market is relatively active, due to early fall below $90, after the partial businessman inquiry the enthusiasm, the other from ore derivatives market conduction, short-term upward trend is obvious, therefore the market bullish atmosphere is aggravating, prompted the spot market.
what has been discussed above, the overall point of view, stores in a quick shipment are now a major operating, overall price movements remain weak steady trend; Although most of the stores inventory is low, but the raw material market weak turbulence, so did not support to form rise in price; Businesses are still cautious operation, wait-and-see mood afternoon no less; Expected recently prices or maintain weak consolidation. Affected by this, near noon, screw prices slightly pull up, and most other timber is still is given priority to with stability, market strong wait-and-see atmosphere. Some mundane afternoon billet still stability, market. It is important to note that the recent phase of the screw well, pull up on the spot market to boost slightly in a row, but no distinct advantage, because of the policy, and spot manufacturers more wait-and-see, no obvious actual transaction volume, so the billet spot price upward. Situation at present, in the short term is expected to 304 stainless steel belt remains low.
