Last week, the market price shock slump - stainless steel belt
Tianjin stainless steel co. , LTD
Last week, the market price shock slump - stainless steel belt
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-10
Although China's stainless steel with inventory pattern continues to this day, but strength has been significantly weakened;
Terminal for the mid to late June steel pipe market demand trends, micro stimulus into actively implement stage, the market needs theory 'release speed.
The economy rebounded in May, is widely regarded as the embodiment of micro stimulus starts to implement;
After the early stage of the preparation, the author thinks that, the next PengGai, urban underground pipe network infrastructure, transportation infrastructure and other major investment projects will accelerate to enter, judging from the theoretical level to form effective steel pipe demand release speed.
The rainy season, outdoor construction.
Constantly carries out the major infrastructure projects, the subsequent additional micro stimulate the formation of policies and measures are also constantly driving force;
Enter the mid to late June, however, the more will enter the 'plum rains season,' continued much rain will greatly limit the outdoor construction progress of the project, the rain will limit larger project actual consumption of steel pipe, the downstream end of purchasing steel pipe frequency increases with the total amount is limited.
At present the market confidence began to recover, but with high temperature and rainy season in July and August, growing steel demand to release the space is not large, September and October, demand is expected to moderate somewhat.
To help stainless steel with the strength of the market.
Especially the excess inventory adjustment over, is at a low level, and steel pipe manufacturer big respond to accept the new order.
But also improved significantly in the American market for the European steel pipe manufacturer in the first half of this year to expand exports provides a good opportunity.
But the production cost of pressure, the European steel pipe manufacturer may continue to control production capacity utilization.
Especially high fuel costs had to make the steel pipe manufacturer on the one hand, increase the sales market, on the other hand cut valuation measures, estimate the recent import can be a certain threat to Europe market, but which is formed by the recent threat is not too big, because import prices will not less than the local, mostly close to the local level.
Comprehensive described the recent situation of light volume difficult to change, and at the end of the manufacturers are faced with the pressure are rising on the financing side, shipment will is strong;
But due to the stock continues to decline, huge expansion parts business resources are tight, form a certain support to the quotation emissions decreased, thus offer an option to maintain strong, strong wait-and-see mood;
Considering the merchants for the afternoon offer the direction of expected value is not high, analysis showed expected the recent steel price down or continue to stability of fine-tuning.
Steel tube generated substantial steel demand in the short term, markets, stainless steel with the market price shock slump last week, compared with plate, building materials declines obviously.
Futures markets continue to slump, wait-and-see mood is thicker and the downstream demand, business mindset instability.