The trend is beautiful and refreshing.

Overbuilt overall - 304 stainless steel with resources Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-11
This week, the domestic market is still in the loose, the early stage of the 304 stainless steel band performance is improved. Recent countries cut coal-fired units feed-in tariff, increase thermal coal market pessimism, traders again where goods, prices are still falling, causing prices to some current coal sales pressure is still large. With declining power plant inventory, purchasing desire has improved, prices fall somewhat narrow, first began showing signs of stabilizing the market; But the situation is still difficult to fundamental changes in coal demand, weak will become the norm, subsequent coal demand is still not optimistic. Market price is rather on the low side effect, on the whole market at the bottom of the form must be supported, in the short term trend adjustment is excusable. $60 and from the point of view of the current price range, as prices of resistance, also become the phased high after below $50. The early production and iron ore traders, seizing the momentum, and intensify the delivery, and early have announced the production of Australia's fourth largest mining enterprises claims and production individual, therefore it can be seen that the 304 stainless steel belt prices brings the risk of mining enterprises and production to ascend, for the current iron ore market is still in a bear market.
the domestic ore market is given priority to with stability. Little changed in north China market, mining enterprises to maintain low capacity utilization, the market price in the bottom consolidation, tangshan certain regions such as iron and steel enterprises still continue to iron ore procurement prices lower, and loading quantity is insufficient, also makes the procurement policy. Northeast market steady operation, clinch a deal the situation remains weak, mine enterprise delivery enthusiasm is not high, while imports ore prices rose, but western liaoning, liaodong region market price increase is relatively difficult. East China area market consolidation, small enterprises to maintain the production and shipment, once again raised the price well be eat. Iron and steel enterprise operating data, difficult to let the iron ore prices. Thus, iron and steel enterprises for raw material purchasing price control is more rigorous, partial basic 'there is no market for' high resources, unless it is serious shortage of iron and steel enterprise, resources or not to purchase a high price. Due to the current, most of the steel materials such as iron ore inventories are kept low, increases with the increasing mining with phenomenon occurs frequently, in centralized purchasing and raise short-term ore price situation is inevitable, but once the resources to keep up with, so the price is hard to pull up. Growing demand for short-term difficult to change 304 stainless steel belt overbuilt resources as a whole.
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