Next week is expected to 304 stainless steel belt or consolidation - will be steady Tianjin stainless steel co. , LTD

304 stainless steel with small rise this week, an indicator of tangshan rose by 20 over the week, at present tangshan factory 2470 carbon billet tax, but nearly two days up billet fatigue state. Main reason is that at the beginning of merchant capital pressure relief, billet market slightly over the week active, but no substantial improvement in the market of steel, and steel billet, poor recent export situation lead to billet up before stabilizing. Furnaces are the tangshan area is not much, but most of the production of rolling mills, the billet without reduction of supply, demand, bad billet market; Beijing weather is likely to suffer from severe pollution, therefore, the senior reduction scope expansion to the shandong region, and stop all construction work, is bound to affect the steel demand, and the later influence range will also expand. Late in view of the billet production and demand will be suppressed, next week is expected to billet weak steady, even has the potential to fall. A shortage of some resources, businesses take the initiative to pull up, pipe price to repatriate funds; Southern region are relatively stable, affected by the south north material, stock market has increased, for now, lower overall demand is still weak, and the market, there is no any substantial positive boost, plus this week turbulence in raw materials, the cost to support the weak, slowed the macroeconomic data, business mentality is more pessimistic. Stock or market will gradually recover, though advantage good policy, but the terminal will still not strong, goods pipe price rebound. In 304 stainless steel belt or next week is expected to steady consolidation, mainly on the sidelines.
basic weak dominate the mainstream market in east China, north China region, both steel mills and downstream site is in shutdown state, basic resources supply and demand to maintain the double weak, merchants pricing careful operation, accompanying the shipment is the mainstream; North and south China steel plant resources supplement insufficiency, but liuzhou iron &steel group co. are presented. the the arrival of the goods is normal, high volume, low merchants who delivered in the majority; In addition, this week's decline in northeast China, with the cold weather, the downstream demand continues to shrink, businessman mentality pessimistic, retroactive to the businessman and domestic boiler tube strength is larger, resource cost down, selling away cargo operations. For next week, consider hong kong-listed still bearish fundamentals, but given the meeting is expected to continue weak dominate the market supply and demand balance relations, the market price fluctuation space is not large, is expected to stabilize operation is given priority to, the northeast continued weakening of the 30 or so. Is currently the situation of supply and demand of double weak, now east China, south China market overall inventory is low, because of the poor to clinch a deal, merchants order enthusiasm is not high, the arrival of the cycle is longer, inventory for a long time not get added. Before because of the rising of steel, the whole market 10 - had been raised 20 yuan, afterwards because demand restriction, futures, but given the money in early pressure is not big, the stability of the market sentiment is higher. But for other spare specifications, inventory pressure, low dip, part of the dominant market resources have dropped to 3700 yuan/ton. Moreover in terms of the north China market, limited transportation vehicles entering and leaving, thin trading, and a half weeks after prices were slightly loose. Consider next week to make a new price policies leading steel mills such as baosteel, and 304 stainless steel with surface short term there will be no big difference between supply and demand, therefore, is expected next week cold-rolled continued weakness in the stable, amplitude around 30 yuan/ton.