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Or will slightly slow - falls in stainless steel belt Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-08
Influenced by futures and forward prices tumbled, mainly in east China and north China market, stainless steel belt clinch a deal the whole is more general, but stocks rose slightly, inventory amount is larger, the fund risk is obvious, poor business mentality. Taken together, the price of hot-rolled shock slump, steel spot resources low price auction, merchants price hard to strong, hot roll price today or is expected to continue to fall. Macro aspect, the United States in February payrolls increased 17. 50000 people, the better than expected, global metal under pressure. China's CPI just 2% in February, the deflation risk; A $one hundred billion deficit to trade, the customs said is seasonal factors. China's vice finance minister zhu guangyao said in 2020, the fiscal and taxation reform important field must be completed. Zhou xiaochuan said early interest rate marketization to higher interest rates, short-term pain can't avoid. Overall, the two sessions after the structure adjustment policy unchanged, the market demand for expected more pessimistic, screw continue to find. Taken together, offer weaker adjust last week. Bad influence is bigger, terminal wait-and-see sentiment strong, short-term bad game is still serious, prices little power. Today is expected to offer weaker.
the main construction steel market vulnerable to fall, the market fell more obvious, the overall environmental impact, chengdu construction steel merchants cautious wait-and-see market, the market localization is still wandered the shakeouts, part of the factory resources sales prices further down. Wire ways, a small amount of production line manufacturers HPB300 resources, the main factory pricing is controlled in 3480 yuan/ton, fujian association of foreign languages and manufacturer of resource price is in 3280 yuan/ton. Rebar, the main factory is the lowest price is controlled in 3380 yuan/ton, price of some steel reinforcement outside the province in 3350 yuan/tons. Dealers said stainless steel with relatively low price, attractive to resources outside the province has decreased, but the digestive inventory still need time to market prices in the short term momentum remains generally weak, construction steel market is still in chengdu this week is expected to give priority to with concussion bottoming. Short term there will be a strong steel ore the consolidation of the market, medium and long term still don't believe in mine. Parts of north China, east China coke prices adjusted temporarily enter the finishing stage, the rest is still stable price go goods, situational standoff with steel obviously. Upstream of coking coal, due to the coke prices continue to test, coke prices pressure upstream transmission pressure and demand of funds, large mine in north China are brewing downgrade coking coal listed price, but also have coal companies began manufacturing-according-to-sale valuation measures, but it is still difficult to change the basic situation of the market, the price is already the trend of The Times. Considering the current more stainless steel are increasing, but the downstream demand insipid, clinch a deal the lack of resources, high, coupled with the end of capital risk, market shipment collection is still the mainstream. In view of the above, is expected to continue steady weakening trend of today. The overall trend is weak, combined with the futures that steel prices in the short term it is difficult to rebound. But considering the billet prices recover from a small rise of yesterday, it will lead to steel prices continue to fall eased, mainstream market today is expected to be given priority to with falling tone, but stainless steel belt drop or will be slightly eased.
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