More than 304 stainless steel belt market is given priority to with smooth running not rule out the possibility of small shocks - Tianjin stainless steel co. , LTD

East China local steel mills cut Jan. coke procurement prices; Clinch a deal the rest of the market remained stable; The steel mills in coke procurement price have adjust, jiao qi more than wait for the time being. Construction steel spot market, the domestic in addition to the cost of northeast China for winter break, the rest are accelerated decline. Weekend domestic leading steel mills have cut the ex-factory price, parts of the leading steel mills cut, today also followed the market cost of support, coupled with market off-season, weak downstream demand, clinch a deal the last weak, the market mentality pessimistic, generally about future lack of confidence. Taken together, although some 304 stainless steel with price policy, but without the sum in the offseason to clinch a deal, got small. In view of the current market leading bearish, under no obvious positive boost, short-term market continue to decline. Construction steel spot market, the domestic in addition to the cost of northeast China for winter break, the rest are accelerated decline. Weekend have cut domestic ex-factory price, parts of the leading steel mills cut, today also followed the market cost of support, coupled with market off-season, weak downstream demand, clinch a deal the last weak, the market mentality pessimistic, generally about future lack of confidence. Taken together, although some steel mills have price policy, but without the sum in the offseason to clinch a deal, got small. In view of the current market leading bearish, under no obvious positive boost, short-term market continue to decline. Under the condition of the steel industry remains weak, the iron ore market is subject to the difficulty in forming the rally. Low temperature pipe dalian iron ore main futures contracts to receive a Yin line, showing the underpowered, the current policy of good news influencing factors of fermentation, in the face of weak demand market present situation, the iron ore market pressure, the current domestic ore market as a whole offer partial stability, but the resources of low frequency again now, imported ore market slightly adjusted, from up to down signs have been highlighted. Recent iron ore market is expected to show the volatility, rose is difficult. Domestic market of 304 stainless steel belt wait-and-see mood is thicker, clinch a deal is not big.
rally is not fully revealed. Business operation technique is still fast into the model to be part of a single meeting. And big steel mills and money to tax more acceptance is given priority to, small factory without tax bill by cash, businessman is the basic reason for that with small factory delivery, but the relative price is not high, so the overall market volume is not ideal. The recent domestic market is expected to wave co. , LTD. The early stage of the billet price cut for many times, and the price of iron ore weak callback, but considering the coke market remains strong, in which most domestic steelmaking pig iron price not to fall. Considering the weak steelmaking pig iron market clinch a deal, to stimulate the shipment, individual regions steelmaking pig iron clinch a deal the price is more favorable. Foundry pig iron market today is still running smoothly, clinch a deal the slowed markedly. It is understood that the current individual inventory pressure larger iron works actual transaction price is more favorable. Comprehensive consideration, support power still exist at present raw material market, steel market weak downward, expected short-term domestic more than 304 stainless steel belt market is given priority to with smooth running not rule out the possibility of small shocks.