The current steel market situation, it seems that the overall in a fallow period, stainless steel belt factory is relatively low, the downstream procurement is so so, still serious contradiction between supply and demand, market circulation of resources even less, but little incremental downstream procurement, marketers still faces difficult to shipment.
Many people may say, steel trade, now the most concern should still demand problem, yes, say yes, also demand is very important, but, at present, double festival period, and is near the end of the month, plus the Banks, foreign currency situation is relatively serious, I remind you that new pressure need to watch the end of the month.
Early in steel prices is a supportive stocks are collapsing.
Steel continues to decline the past inventory during the most expect sex gold nine appeared a rebound, it is ironic.
Seasonal demand is gradually restored, but the steel price is still poor and social inventory to illustrate the magnitude of the current demand recovery is still not enough to slow digestion in the early production rapidly rising supply pressure.
Traditional seasonal off-season is coming, fundamental demand is difficult to significantly improve, thus high yield, low high supply and demand is still continue to affect the future of steel market prices.
From hebei, Beijing and other regions will be production, limit production, but in addition to steel mills cut production, construction site will be shut down, synchronization of restrictions on both ends of the supply and demand, the positive effect of hong kong-listed will be offset.
And to tell you the truth, stainless steel belt factory production of what, has always been a legend, supply pressure can really come down, it is hard to say.
Experience recently crazy pulled up some traders inventory has been consumed diet, and resources are strictly limited, short-term relatively scarce resources, the other also gradually south north of material, also in a certain degree of inhibition of market resources.
Clinch a deal, the early as prices higher, terminal pick is not positive, but traders profit space, relatively stable mentality, late stage of steel, the fall of raw materials, such as weak market mentality, prices also fell.
Boost of the market is very obvious, billet pull up quickly, the current price 2610 yuan/ton.
Another phase of the screw, iron ore futures in this week, there is a rare harden.
Raw material sources and futures to boost the spot market, combined with market resources tight part specifications, business inventories low, a significant day steel seamless steel pipe prices.
But as the volume shrinking, and futures market, the callback, the market continued to rise in the power shortage, despite weeks of stock prices, but in addition to the thread direction is strong, other varieties had different degrees of decline.
The contradiction between supply and demand of the market fundamentals remain no obvious change, is still outstanding, the late market or differentiation, is expected next week with stainless steel price is given priority to with correction operation.
