Price or consolidation run - stainless steel belt
Tianjin stainless steel co. , LTD
Price or consolidation run - stainless steel belt
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-09
As steel mills to diminishing effect, capacity and demand subdued, crude steel production, steel mills and social steel inventories increased continuously, steel price clinch a deal after pulling up, steel, iron ore futures fell sharply in late, spot market came back to adjust.
Game continues to supply and demand is expected in September, such as demand cannot effectively release, long-short conversion, steel pipe market steel prices downward risk.
Steel prices continue to advance comprehensive yesterday.
Part based on the early weeks of steel and steel billet, steel mills raised ex-factory price, environmental news effect, market prices generally rose.
But this round up still more subject to adjust the price, clinch a deal the limited resources and high prices, the market there is a fear of heights.
Especially in no demand, once appear weak, steel market appears unavoidably caution.
Other current supply limit production of environmental protection and high capacity utilization to form long-short interweave, short-term stainless steel belt social stock remain low, and the cost is high, so the downward space is limited.
Today is expected to issue a weak steel market and billet gains under the influence of narrow price gradually stabilized.
This week Qingdao round steel market volatility, weaker today steel pipe prices rebound in steel mill pricing, and the surrounding market jinan prices also boost business mentality, coupled with the futures of strong pull up to the market a boost, steel tube businesses offer up 20 yuan.
From clinch a deal, but reluctantly said, though the prices keep rising at last, but demand has not increased, it will take time for 'golden nine'.
Tangshan billet aspects: afternoon, changli billet rose 50 yuan, now the factory's carbon billet tax 2270 yuan.
At present, the agent price rise in raw material, finished product material in the most stable adjustment, but futures rose and began to dominate the market, business agent rise will increase.
Comprehensive view, if needs further measures, then in the short term is expected to Qingdao or round steel market prices will be slightly stronger.
Today in early trading futures market weak downward, stainless steel pipe market price consolidation operation is given priority to, concept of local is no exception.
And fall from the past market hype point view, the market think the surface meaning is greater than the actual operation, especially for the normal operation of steel market at a lower price, whether must cut interest rates, the large-scale stimulus such as positive news release, hong kong-listed seemed to lose the enthusiasm of the old heavily to pull up the market price, much a few minutes composure and rational, when soaring in 2008 have become the memory of history, almost two or three years of falling over tired let the market into a deep stage, the good news has arouses market at the beginning of a small scale 'bait' and spirits, as if abuse you thousands of times, how can treat it as the first.
In the context of the domestic economy, the hong kong-listed jumped plummeting prices short mid-term difficult now, tomorrow steel tube in the city will be steady continue to drop slightly as the main melody.
According to a recent local hot coil after prices, market clinch a deal with the futures fell somewhat slip, a small dark parts of the city today price drop.
But the arrival of the goods is not much, given the recent steel resources market inventory pressure is not big, plus steel mill's price consciousness is strong, so local traders did not appear to fall.
Nearly two days, the futures market is a kind of adjustment, merchants or continue to wait, is expected in the short term prices or consolidation run primarily stainless steel belt.