Price of 304 stainless steel with a continuous rally - this week Tianjin stainless steel co. , LTD

Opening today, the domestic market of 304 stainless steel with price declines. Weak demand for domestic hong kong-listed shrouded in the shadow of a fall, downstream capacity is insufficient, lead to users purchase slow, merchants shipments is uneven. Green screw but in the end, at the same time also lost cost, tangshan billet again below 2000 yuan/ton, the factory price is 1980 yuan/ton. Leading cities in the Beijing area building materials continue to cut individual specifications, delivery speed is still not free, will face a steel mill in late settlement price, end money is tight at the same time, is to let prices hopeless; Environment is given priority to with Shanghai in the east China market, with hong kong-listed pace consistent, main steel plant resources is also lower, northern resource prices are close to 2200 yuan/ton level, combined with the local resources is low, three wire factory will slash operation intention to grab market share, and thus lead to market all kinds of resource prices are moving closer to the low. Northwest building materials is the weakness of demand, prices have fallen for retailers pull bitter exhibition, xi 'an district Long Gang low prices have innovation, utilizing the manufacturer also constantly cut ex-factory price, traders have to reduce the cost; Wave of the decline of the peripheral, southwest also stick to hard line, steel, adata, shuicheng steel cut increase, there is bargaining, preferential promotion methods, etc. Overall, the domestic demand for 304 stainless steel with weak hard to change, the price down deep status or will continue, in the absence of significant positive factors, the author expects to domestic construction steel market prices or tomorrow will continue to be weak. Department of domestic tungsten market is given priority to with steady operation, the overall deal in general. Clinch a deal the price still maintain the level before the market at present, although say clinch a deal the price does not rise, but the market turnover increases slightly, is also good news for the market. Raw materials of tungsten concentrate the market price is strong, the downstream procurement demand increased than before, the market clinch a deal the price up. Because the smelting enterprise starts to increase, tungsten concentrate improvements in market demand, combined with the miners bullishness, tungsten concentrate market overall performance steady rise. With the increase of downstream demand, and market participants swathes bullish psychological effect, 304 stainless steel with market or have edged up next week. Weak domestic molybdenum market operation. The iron price downward has become an indisputable fact that, for the steel purchasing molybdenum iron long payback periods, acceptance discount interest settlement way more difficult operation said helplessly. The price of the raw material of molybdenum concentrate also let factory double pressure, the current decline in molybdenum iron market price is at the end of January 4. 9%, while the raw material of molybdenum concentrate due to factors such as during the Spring Festival starts not neat, strong prices, a few in 1080 - this week Clinch a deal 1110 yuan/ton, quantity is less. Due to the market uncertainty, procurement is more cautious, besides just need most in use of existing inventory. Tangshan billet market shows continuous pull up, and appear the situation of one-day surge in 50 yuan, does make a lot of insiders surprise. However, rapid increase of billet is not an accident, the first after the Spring Festival of tangshan steel billet to new lows, and lay a foundation for price rebound. Second after the Lantern Festival, the downstream section rolling enterprise production in succession, the billet factory is seize the opportunity, tentative pull up prices. Third, although prices rise continuously, but for the first stock up merchants is only a small profit, some dealers have not see profits, so the billet outbound amount is not much. Four is the steel billet is not much, delivered in the warehouse resources have not been into the market before, billet resources slightly nervous. Affected by the above factors, the price of 304 stainless steel with a continuous rally this week.