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Market to a standstill - 304 stainless steel belt Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-11
Recently, 304 stainless steel with market price trend rebound, there is increase in domestic iron ore market price stability, small shocks imported ore market prices.
As a result, the price of scrap steel prices and iron pig iron and molten iron gap, steel mills use scrap steel production cost is lower than the cost of using molten iron.
So, some steel mills in terms of cost, from the original multi-purpose hot metal to use scrap, it bring good scrap steel market.
domestic scrap steel market continues to test today, clinch a deal. Phase screw low open low today, underperforming steel spot market, in this case, the domestic steel scrap market fall pace in the short term will not stop. According to the business, although the scrap steel resources is not high, but the case of the lower demand, falling prices trend, it is hard to stop it. Partial businessman gradually transfer business focus on operational scrap steel is more and more low, also started from scrap steel market, turn to other industries. The downturn of the scrap steel market is hit. In the case of the environment not improving, the recent domestic steel scrap market is still expected to downward.
today's domestic pig iron market overall weak steady, yicheng region though the price is lower, but the shipment is relatively smooth, the majority of the 304 stainless steel belt inventory has already left. Clinch a deal, in other parts of the market volatility. Pig iron price before, northern region and the south were similar, the price advantage is no longer obvious, the south foundry enterprises demand, but the main purchasing local goods, although the price is low, but there is a steady market of the city will, in the short term will not have the too big fluctuations in the market. Comprehensive consideration, a basic raw material market stability, the downstream demand, so the recent pig iron market may stop falling stabilizing. According to the coke enterprises, with the advent of the steel market traditional low season in June, steel prices, steel supply process and the policy environment are weak downstream demand under the influence of factors such as light slightly weak, so the downstream demand is also reduced. Large mine it is understood that the early stage of the individual areas of coking coal group to downgrade of coking coal prices, coke prices downward space is open, but the price of coke has fallen to location, and considering the coke yield high, as a result, expected short-term domestic coke market is not optimistic, prices or give priority to with weak downward. Status of today's domestic market as a whole is still in the weak market offer cold and cheerless, clinch a deal the downturn situation, basic parts without clinch a deal, 304 stainless steel market to a standstill. Understands from the market, although the market after a previous prices, the market has fallen to a relatively low price, but the market demand demand will remain strong. Is expected in the short term market still is given priority to with weak coking coal, parts price must fall still exist. In mine side, domestic ore market overall smooth operation, regional ore price changes is very weak, small steel mills purchasing requisition as profits drop and abate, especially the recent late from steel mills will be centralized maintenance, resulting in the late bearish sentiment is aggravating, clinch a deal the relatively stable regional market, recent domestic ore market is expected to continue steady pattern. Pig iron market steady weakness, poor demand, clinch a deal is poor, most manufacturers inventory is not high. The recent steel prices continued to fall, steel mills for iron purchase continued suppression, this month, some steel mills to suspend purchase, $price reduction has become the main rhythm, to maintain the production of iron works is not much, stock market is not high; The ore price strength, cost support fair, 304 stainless steel belt inventory pressure smaller iron works offer a strong, the price will not high, and a slightly higher areas still have to fall in the short term.
domestic scrap steel market continues to test today, clinch a deal. Phase screw low open low today, underperforming steel spot market, in this case, the domestic steel scrap market fall pace in the short term will not stop. According to the business, although the scrap steel resources is not high, but the case of the lower demand, falling prices trend, it is hard to stop it. Partial businessman gradually transfer business focus on operational scrap steel is more and more low, also started from scrap steel market, turn to other industries. The downturn of the scrap steel market is hit. In the case of the environment not improving, the recent domestic steel scrap market is still expected to downward.
today's domestic pig iron market overall weak steady, yicheng region though the price is lower, but the shipment is relatively smooth, the majority of the 304 stainless steel belt inventory has already left. Clinch a deal, in other parts of the market volatility. Pig iron price before, northern region and the south were similar, the price advantage is no longer obvious, the south foundry enterprises demand, but the main purchasing local goods, although the price is low, but there is a steady market of the city will, in the short term will not have the too big fluctuations in the market. Comprehensive consideration, a basic raw material market stability, the downstream demand, so the recent pig iron market may stop falling stabilizing. According to the coke enterprises, with the advent of the steel market traditional low season in June, steel prices, steel supply process and the policy environment are weak downstream demand under the influence of factors such as light slightly weak, so the downstream demand is also reduced. Large mine it is understood that the early stage of the individual areas of coking coal group to downgrade of coking coal prices, coke prices downward space is open, but the price of coke has fallen to location, and considering the coke yield high, as a result, expected short-term domestic coke market is not optimistic, prices or give priority to with weak downward. Status of today's domestic market as a whole is still in the weak market offer cold and cheerless, clinch a deal the downturn situation, basic parts without clinch a deal, 304 stainless steel market to a standstill. Understands from the market, although the market after a previous prices, the market has fallen to a relatively low price, but the market demand demand will remain strong. Is expected in the short term market still is given priority to with weak coking coal, parts price must fall still exist. In mine side, domestic ore market overall smooth operation, regional ore price changes is very weak, small steel mills purchasing requisition as profits drop and abate, especially the recent late from steel mills will be centralized maintenance, resulting in the late bearish sentiment is aggravating, clinch a deal the relatively stable regional market, recent domestic ore market is expected to continue steady pattern. Pig iron market steady weakness, poor demand, clinch a deal is poor, most manufacturers inventory is not high. The recent steel prices continued to fall, steel mills for iron purchase continued suppression, this month, some steel mills to suspend purchase, $price reduction has become the main rhythm, to maintain the production of iron works is not much, stock market is not high; The ore price strength, cost support fair, 304 stainless steel belt inventory pressure smaller iron works offer a strong, the price will not high, and a slightly higher areas still have to fall in the short term.
