Part of the 304 stainless steel belt will slash drained - delivery Tianjin stainless steel co. , LTD

Opening today, 304 stainless steel belt wait-and-see sentiment strong, most merchants offer weak stability, profile mainstream price stability. Although near the May Day holiday, but this week's deal is relatively light. Fully shows no small long vacation ever ready for the boom, profile market price level in the dark down loose state. Considering the limited resources, near the holiday, the businessman did not significantly lower price. Once expected, demand remains in the doldrums, material prices. Market of natural interest rates further restrain the rising asset prices. The current Chinese market resources mismatch has led to the overall interest rates soared, trapped by the overall debt market still in the stage of 'the economic downturn, rising rates'. And the experience from abroad, with the advancement of marketization of interest rate of universal will push up market interest rates, the Shanghai interbank offered rate 6 month period to a one-year deal varieties remain around 5% since late last year highs. Rising interest rates in the market on the one hand, inhibits the buyer's requirements, the current has been largely unable to enjoy preferential interest rates, the individual buys individual Banks and even the first set of mortgage interest rates to rise 5%, and the loan period up to 2 months or longer, on the other hand also increases the cost of financing, property owners, according to the author and a medium-sized developers, chief financial officer, the enterprise's financing costs for more than 15% last year.
delivery is bland, given the market price of every trade from the early fall. Part of the 304 stainless steel belt, on the other hand, businessmen to develop the market, market pricing is strikingly low early quotation. For the holiday, the businessman more conservative views, given the current shipment partial light, slightly and the market competition is intense, the market demand is difficult to have obvious improvement, under the condition of weaker, at the cost of end expected after material prices or disadvantaged consolidation.
today in major domestic cities market price of hot-rolled coil, plate and plate is given priority to run steadily. Domestic major cities in the thick plate and hot-rolled prices have to give priority to run smoothly. Observation of the ten key cities plate price stability in the city. Volume remains in general, the present stage, medium thickness plate vulnerable down social inventory for many weeks, steel mills internal stocks began to rebound, merchants inventory pressure continues to weaken, or cargo from the mills at present stage has not yet reached the steel market, at present the market demand release draws to a close, merchant shipping mentality to further strengthen, part of the shipment of 304 stainless steel belt will slash drained, price disadvantaged consolidation.