Is expected in the short term will continue to be weak steady running - 304 stainless steel belt Tianjin stainless steel co. , LTD

Today opened 304 stainless steel belt fell slightly. Understands from the market, although the recent period screw gradually improve, but under the influence of the downstream demand remains weak, the phase of the screw better had no effect on spot price, clinch a deal in the local market of environment, part of the few large daily shipments. Additional, shagang, YongGang yesterday, zhongtian steel pricing policy released a new steel plant, respectively, for the moment, shagang, zhongtian wire and plate screw down respectively, thread prices unchanged, YongGang prices continue to maintain the previous run. From the point of the current situation, the local market is now facing the rainy season, the demand will be more weak, the price or will further lower, is expected to continue in a short period of time hangzhou building materials prices or slightly lower. Upstream prices down continuously, but the local small and medium-sized pipe market prices continue to steadily, instead is a small bull market prices fall, traders to reflect the recent market demand is still weak, outdoor engineering not lead to poor delivery, recently will continue to give priority to in order to consumption inventory, inventory operation is more cautious. 304 stainless steel belt in the short term is expected to weak stability. From the point of market, merchants since early may shipments without apparent breakthrough, businessman mentality pessimistic, recent hong kong-listed rebound fatigue on price. Inventory, under the current market conditions, the downstream demand gradually into the wait-and-see attitude, merchants to store goods underpowered, now the local business inventories is given priority to with about 2000 tons, increases with the increasing in the strategy remains the same. Considering cost of upstream face support weakening, manufacturers and the downstream operation caution, is expected to market or steady weakening. Anyang market hot rolled coil plate prices steady running. Today's mainstream domestic market stabilised, local merchants also temporarily stable price, wait-and-see market development. Resources, current 304 stainless steel band resources is not too much, the majority of merchants existing resource specification is not complete, and businesses in the short term will not increase more inventory, temporarily not produce larger pressure about market price movements. Market mindset, recent two weak market situation of supply and demand continued, and in terms of market environment, and cold and cheerless market is difficult to improve in the short term, less volume, or will continue to push market prices weak stabilized. , compared with the peripheral market is roughly same, although the market operation, but the businessman in the near future will remain committed to stabilize the market development. On steel, hot-rolled coil, angang steel issued June board ex-factory price cut, and raw materials of iron ore and coal prices, spot chongqing cost of alloy steel pipe support. Based on the market for a long time of cold and cheerless, the businessman also do not want to go too low price, the price drop space is limited, the recent business or still is given priority to with stable price. Based on the analysis of the market at present, 304 stainless steel belt in the short term is expected to continue weak steady running.