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Mainstream domestic stainless steel belt running smoothly - again this week Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-08
Mainstream domestic stainless steel belt this week to continue running smoothly, local steel mills purchase price slightly downward, clinch a deal. The crude steel production remains high, and the blast furnace capacity utilization is also slightly rebounded, pressure or late supply will increase; With traders hoarding will lower goods, steel mills to inventory stage, steel mills and traders confidence in late market are relatively low. Domestic coke market as a whole, the individual area price increases slightly, the market as a whole about generally. At this stage due to final demand growth is slow, and most coal and coking plant is given priority to with losses, still in coking plant also historically low capacity utilization, various coal also has widespread crop failure, further increases in the cost pressure, coke prices always at the low end.
domestic ore market slightly lower last week, still no city is negotiable. Lower in north China market, and low volume is very limited, local iron and steel enterprise is given priority to with interacting, purchasing more. Due to the low market prices overall, businesses supply enthusiasm is not high, the supply and demand both sides in a stalemate. A small decline in northeast market, the local iron and steel enterprises for iron ore procurement price cut, there are still causes with stainless steel prices down pressure, however, the local individual large-scale mining enterprises offer remains strong, together with some mining rised mood is thicker, the market clinch a deal the price decline is not obvious. In east China market consolidation, weakness in the north China market declining, shandong and other regions of iron ore market price no advantage, therefore the overall market running basic stagnation, wait-and-see status of supply and demand both sides. Local with exploratory billet prices. But other parts of domestic steel billet with only a few, most market still is given priority to with shipment, temporarily put price stability, continue watching the market dynamic. From the current situation, near the end of the quarter, Banks are still increasing recycling steel trade circle, this leads to a steel mill fund pressure. At the same time, the real estate market downturn, as well as the country of iron and steel, cement and other industries, make the most of the vendors about future lack of confidence. In addition, high temperature and rainy weather, stainless steel demand will not have a substantial increase, so the late steel billet market rising prices will not appear, or even fall hazard. Present rose slightly tangshan billet market this week, clinch a deal. Week, on imported ore price rise and spiral upward, under the stimulus of billet tentative price to rise. But because the market is too weak, most vendors about future lack of confidence, so even if the ore, after period of screw continue to pull up, and the price of steel billet is check up stabilizing. On Wednesday, the price is high when the market mainstream price of 28 yuan, but still not drive market prices continue to rise. Near the weekend, finished product material delivery is slightly better, prices rose slightly, billet exploratory edged up again later. This week in east China steel billet market basically stable. Although a small rebound, dominate the city of tangshan billet prices this week and phase of the screw market performance is good, but the east China area most steel mills are still is given priority to with positive shipment, temporarily put price stability. According to the part of the manufacturer: tangshan billet prices edged up after the east China ship steel billet is slightly better, but the factory because money is tight, and worried that after the price clinch a deal difficult, so feel hesitate to rise in price, stainless steel belt still is given priority to with positive shipment collection.
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