Now is stainless steel with the mainstream trend slightly weak tone - will be stabilized
Tianjin stainless steel co. , LTD
Now is stainless steel with the mainstream trend slightly weak tone - will be stabilized
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-05
Despite the current market a whine, but after the New Year as money situation is slightly improved, stainless steel belt factory and steel trade, huang library intention will be increased, raw material prices rebounded probability increases, the spot steel prices trend will form.
This week since domestic hot-rolled medium plate basic is given priority to with falling prices, raw material prices straight downward, and weaker phase of steel, makes the trader is bearish for afternoon, now all dare not to do more inventory, downstream procurement and on-demand procurement, feedback from the market, market demand could not improve short days, is expected to remain weak in the short term market or consolidation.
Weak construction steel prices this week, but the overall pace slowed down, part of the deal better.
Week headed by tangshan billet slump, pulled open the prelude to market prices down rapidly, Wednesday and Thursday, however, the construction steel market prices temporarily stabilized, but at the moment, the market price is relatively chaos, tumbling after a week, merchants offer become different.
Come to Friday, week due to the weak clinch a deal, market prices continue to fall on Friday.
Domestic crude steel production in December year low, and average daily crude steel production dropped below 2 million tons for the first time, this is the off-season steel under active production and environmental management, backward production measures to suppress the result.
According to the sampling survey of major domestic steel mills, show in January 2014, compared to last year, steel production scheduling plan in December fell by more than 200000 tons, continued to decline, mainly due to falling output inertia and environmental management during the Spring Festival, etc.
Thus, the supply of domestic crude steel production is expected to January will also decline;
And because the steel trade before huang inventory will is not strong, the proportion of the stainless steel belt order is low, causing high steel internal inventory resources, and the social inventory spot market is relatively low, compared to the usual low production, China's steel market before and after the Spring Festival of the low level of inventory, supply pressure is not strong;
Therefore, the author judgment after the Spring Festival, the market may continue, the phenomenon of the shortage of some resources.
the Ministry of Commerce yesterday at a regular news conference, the spokesman Shen Danyang said at the meeting, the foreign trade situation is grim and complex, this year's foreign trade is expected to grow, it is difficult to identify the general thought could not be higher than last year's level.
He also said, although grim, but overall judgment is cautiously optimistic.
Together, in the end demand gradually under the influence of shutdown, clinch a deal market as a whole is very cold and cheerless, but fortunately now have expectations of every trade, so more on operation began to steady running, and as each steel trade business next week holiday, expect a stabilising stainless steel with the mainstream trends today is slightly weak.