Market inventory pressure continues to rise - stainless steel belt Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-09
Domestic steel prices continued to pull up sharply, of which the most hot rolled plate and the manufacture's gains, in some parts of the price, more than one hundred yuan to pull up in other cities also keep more in 50 - pull up degrees
60 yuan.
In comparison, in the construction of high speed wire rod and rebar, steel plate varieties plate price gains degree has narrowed.
And affected by the phase plate overall weak, stainless steel belt spot market overall general delivery, tangshan billet resource prices, a sharp fall in the spot market psychological breed a fear of heights, part below phenomenon is increased, the market in two distributed positive driven by violent pull litre so stop?
Or market pressure on phase plate and the short break?
The author, the spot steel prices peaked words, from the point of time node, a little early.
One is tangshan limit production time will be the end of August, the G20 summit to leak in hangzhou since late August, early September to recover gradually, at the same time, from the perspective of the overweight of parts for the recent to capacity, market speculation market is still not over, but from the perspective of the supply of resources, their production resources of the tight supply of late, as a result of good is not in the market to digest, it will further push up the spot price.
In addition, the new price policy a second-line steel mills in China were sharply rise, its operating base principle one is to follow the market price granite and to raise action, the other is caused by raw material of sharply higher, at present, the cost has full up, although the spot price has obviously pull up strength, stainless steel belt market inventory pressures continue to rise, but the external support, high node form at this time from a point in time is still a little early, expected short-term is still up after consolidation is given priority to, after a short break or still have to continue to lift.
Due to shock slump later this week) screw 1610 contracts, more cautious wait-and-see market traders, is expected next week, next week is expected to local construction steel market prices or to give priority to with shock consolidation.
Plate: a deal: your city partial traders shipment yesterday more than 100 tons, greatly reduced compared with the previous two days, cause or for the previous price stage market demand is stimulated early release, now the market demand for saturated gradually, weaker traders shipments.
Guiyang market hot-rolled prices next week is expected to high consolidation is given priority to.
Profile: tangshan price of steel billet has been volatile recently, tangshan steel price swings upward, clinch a deal in general;
Guiyang local mainstream price quotation consolidation, due to market demand, steel prices are higher now dealers the arrival of the goods is less, traders overall clinch a deal, the peripheral market prices have been consolidation, guiyang now rise and fall.
Market: guiyang of large and medium material in the short term price is expected to shocks upward.
Comprehensive above, the positive negative mixed, ups and downs, is expected next week, construction steel prices continue to maintain the shock consolidation, plank price high consolidation, stainless steel belt upward price shocks.