Next week is expected to 304 stainless steel market is given priority to with steady - more
Tianjin stainless steel co. , LTD
Next week is expected to 304 stainless steel market is given priority to with steady - more
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-13
Continuation of last week fell 304 stainless steel belt market, individual regions continued downward, but the range is narrow, the market clinch a deal the situation is still weak.
This week after last week's round of price cuts, in north China this week offer is given priority to with weak stability, individual regions fell 10 yuan (
Tons of price, similarly hereinafter)
Around, no significant changes in financial situations and steel mills cut coke willingness to purchase price, so the region coke prices difficult to recover.
East China area around the steel mills cut purchase prices and weak downstream demand, the influence of heavy falls, the market as a whole is given priority to with bearish.
At the current situation, the environmental protection policy, added to the concerns of the downstream demand, and low coke prices are close to the mainstream market last year, the market at present no news is good news, therefore the domestic coke market next week is expected to weak pattern still won't change.
Coke prices is still in the down trend this week, but coking enterprise's desire to active output is not high, and some independent coking enterprises limited upside down, so even if the prices of steel mills to coke procurement time again to move, coking enterprises still as usual, production and sales, leading to the present stage of coke social inventory pressure, in the late 304 stainless steel prices rebound will still be suppressed.
the shandong market clinch a deal the finished steel condition, to drag down the market of steel, the overall price has obvious improvement.
Due to large downward pressure on the market in north China, the east China market is expected to give priority to with weak steady.
Currently, as a result of silicon manganese alloy market as a whole is still in the pattern of supply greater than demand, pricing power is still in the hands of the demand in the market, although have manufacturer said not supply at a lower price, but steel mills can still finish monthly purchasing task.
Currently, guimeng alloy manufacturer how to perform a preliminary order is given priority to, and has no intention to increase the intensity of production.
Most manufacturers said the price of electricity, manganese ore cost is higher, and the demand demand a larger efforts, makes the silicon manganese alloy profit is low, traders collect goods is in a relatively passive state.
Is expected in the short term silicon-manganese alloy market movements dilemma state cannot alter, market or give priority to with correction operation.
But there was no capacity performance, due to clinch a deal has not been finished steel billet market prices, coupled with the finished product material market within the next day to cut several times, is adding to the 304 stainless steel with market pessimism, falling stock prices.
Near the weekend, with the improvement of haze weather, hebei and other places the early stage of the production enterprise to resume production in succession, the finished steel market slightly active sent the prices of steel billet market slightly lift.
Market clinch a deal the things a bit better.
The yicheng district by the main reason is that the market supplies, the downstream demand increased.
This week most of the downstream demand is still not ideal, the early stage of the rebound in steel prices did not drive the steelmaking pig iron market with higher prices, coupled with market still is given priority to with weak downward, this week to the pig iron market support dynamics is insufficient, so most of iron works with traders all over the late market pessimism.
Casting pig iron market this week offer is given priority to with steady, but the actual clinch a deal there exist certain preferential space, comprehensive consideration, although raw materials market weak downward, but given the current pig iron market inventory level is less, and the downstream steel basic all belong to the city, late or improve the downstream demand, so next week is expected to more than 304 stainless steel belt market is given priority to with stable, individual regions or may rise.