Next week is expected to domestic stainless steel market price is no obvious variation -
Tianjin stainless steel co. , LTD
Next week is expected to domestic stainless steel market price is no obvious variation -
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-14
Since this year, the biggest negative affect the stainless steel trade circle is neither an oversupply of steel market, is also not in iron ore prices, but there is the shrinking circles.
Since last year, the domestic environmental protection began to vigorously regulation, the steel industry will undoubtedly become a target.
And the bank has been always the icing on the cake, rare its praises.
Under the condition of the iron and steel industry development is, the bank gradually began to recycle funds, which makes the steel industry it never rains but it pours.
Late to see that, the majority of steel mills together east west borrow managed to even pay off bank with interest, but next year's loan remains unclear whether normal approval down.
So even if the price of steel billet has broken, but the factory dare not rashly, because at this time may be directly by the production of blast furnace bank 'shot', which is one of the important cause of the blast furnace operating at high.
Domestic coal market steady weakness, clinch a deal is slightly thin.
Details are as follows: coking coal market steady operation, large mine the mainstream price has no obvious fluctuation, continued weak downstream stainless steel belt market, procurement is relatively light, GeKuang to complete the annual target incentive to produce also relatively less.
Injection coal market as a whole running smoothly, steel mills purchase enthusiasm is still lower than the same period last year, clinch a deal.
Thermal coal market as a whole is still weak, local area due to the pressure increase production and sales, prices have to decline, the market volume was light as a whole.
Next week is expected to domestic coal market steady weakness.
this year, import ore prices sharply lower did get insider raised, and the second and the third quarter because of imported ore prices fell faster than steel billet, billet steel mills is profitable.
And in the fourth quarter of billet fall speed is accelerated, the ore downward pace is slow, lead to losses in the fourth quarter steel industry began to.
And at the end of the repayment pressure, more make the steel mills.
Recently, platts 62% imported ore index fell below $70, after a shock consolidation of basic something insiders believe that the current price fell to the bottom, stainless steel belt to continue hitting a limited space, and the opposition.
First of all, the production of iron and steel industry faces 'reshuffle', some enterprises will be eliminated, inadequate this will cause the domestic demand for iron ore.
In addition, the steel circle insufficient funds, steel mills to reduce capital takes up, iron ore inventories will remain low.
Third, the three major ore giant next year there are plans to increase production, and grab market intention obvious at a lower price, so the contradiction between supply and demand of ore next year will increase again.
Comprehensive consideration, the iron ore market still has to fall next year.
The domestic market the overall price stability, tangshan area confined price cut 20 yuan (
Tons of price, similarly hereinafter)
Clinch a deal, the market situation is relatively light.
Now had winter during downstream inventory will is poorer, the overall effect on coke market demand is limited, and the end of coking enterprises and downstream users money pressure obviously, demand is expected more pessimistic.
By-product coke prices fell in recent weeks, making the most of the focal companies into losses, however jiao qi aspect though the price rise appeal is strong, but its downstream users to boycott.
Comprehensive consideration, is expected next week, the domestic stainless steel with the market price is no obvious fluctuation, the market continued weak steady pattern.