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Next week is expected to run - 304 stainless steel with most consolidation in the domestic market Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-10
Shipment by merchants will strengthen, and 304 stainless steel belt downstream demand purchasing motivation is low, the influence of today's wuhan heavy plate prices continue to mainstream weakening operation, some steel mills resource prices fell again 10 yuan/ton, and individual businesses can also give additional bargaining space clinch a deal. Tomorrow is Friday, is expected to mainstream market prices continue to disadvantaged consolidation. With the arrival of the Spring Festival, across the north engineering basic to cease, and the late demand is also difficult to have a good performance, close to a period of time, the market has been weak, merchants mentality more pessimistic, also near the lunar New Year, the plate storage each partial businessman start counting work, the operation will become weaker, and the billet prices continue to fall at the beginning of this week, support cost reduced, the market pessimism gradually thick, material price to fall, merchants ready for the enthusiasm is low, the market clinch a deal is not ideal, material prices weak run primarily. This week's market price swings, weaker market reflect the attitude of the indifferent, clinch a deal the obvious atrophy from last week, merchant shipping. Under the background of capital pressure as well as the management risk is bigger, before the Spring Festival, merchants stock quantity is limited; However, the current price of cold rolling has been at a lower level, exceed expectations fell rebound is still strong, is expected to price of cold rolled disadvantaged consolidation. The whole, this week since most domestic market demand remains weak, rising inventories to partial businessman cheap goods to repatriate funds, but with the speeding up of the market prices fall speed, low spot prices fell to years, in the face of a significant loss of little, the will of the majority of merchants continue to fall next week is expected to 304 stainless steel in the domestic market with the majority of consolidation run, local or stop falling stabilizing.
partial businessman is holiday plans in advance, scrap steel market is depressed; And the operations of businesses also still give priority to in order to fast forward fast mode, but the volume is still small. The recent domestic steel scrap market is expected to continue to run low. Construction steel spot market, spot demand increasingly atrophy, and near the end of the market fund pressure, and affected by the export policy adjustment, steel inner stress is aggravating, chongqing h-beam overall supply and demand contradictory intensifies, the spot price declines from north to south, although the recent steel mills around the overhaul production operation frequently, but in all the country's main stock market has been rising for several weeks, the sharp contradiction between supply and demand. Comprehensive consideration, the recent price will continue to be a downside to give priority to. Scrap steel to maintain small fell before the Spring Festival, this basic need not doubt; After the Spring Festival, I have not seen up hope, dare not say will not rise, but 304 increase in the price of stainless steel with difficulty really is quite big. Of course, by now the price, you really want to save some goods on a word, also can, just don't be too big.
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