Price to accelerate back - 304 stainless steel belt
Tianjin stainless steel co. , LTD
Price to accelerate back - 304 stainless steel belt
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-13
As mills purchase quantity is reduced, 304 stainless steel belt price acceleration back, support for steel prices will decrease;
Steel futures, although is low, the market concentration of secondary, difficult to rally;
Stagnation of market demand, but steel mills produce strong rigidity, steel social inventory will rise sharply, the contradiction between supply and demand will further highlight.
Is expected in February, it is hard to start domestic hong kong-listed disadvantaged consolidation on the whole, but the steel price is low, the price decline is limited.
But from the point of view of the price, his two prosperous and failed to make the long products prices remain strong, cause the price drop is greater.
Overall weak decline.
Spot market funds after the New Year's day is still tight, have entered a price no city state, the steel trade dealer inventory is not high price will is not strong, the steel mills daily production continued low, hong kong-listed weak down;
Middle market continues to decline in weak, but the decline slowed markedly;
As in late Spring Festival approaching, end demand basic stagnation, the market clinch a deal will shrink further, weak market as a whole stable.
From the point of industry development rule, every industry on the road ahead will be cyclical economic development.
Generally speaking, the industry bottomed, are generally caused by two aspects of subjective and objective reasons.
From the subjective aspect, an industry is bullish, the various stakeholders in society driven by profit concept, would like to squeeze in bandwagon, 304 stainless steel band to form a competitive a 'red sea'.
Steel trade industry has experienced such periods.
In just a few years, the national steel trade enterprise from scratch, suddenly reached more than 20 m, up to 1 in Shanghai alone.
More than 20000, industry, disorderly and poor condition.
Companies in a 'red sea', to develop a 'blue ocean' of my own, you need to break through the traditional business wisdom.
From the objective aspect, the development of any enterprise, and related to the contemporary business environment changes resulting from technological progress, this will force companies by wisdom, win the market foothold.
Enterprise transformation usually has two results: one is failed, due to the transformation will generate new investment, maybe will deepen the crisis, accelerate the speed of the enterprise bankruptcy;
2 it is wise to find the gripper is emerging businesses, become the enterprise development momentum, crossing at the foot of the rocky, on the road to lasting and stable development.
After the 304 stainless steel with industry to achieve a result, must be based on the traditional innovation management.
in terms of comprehensive summary, the author thinks that, boron steel export tax rebates cancellation of domestic construction steel export form, short term is difficult to eliminate the impact of some export material to divert supply pressure will increase the off-season market.
And wraps up the iron and steel industry chain upstream and downstream financing is still in the fermentation, the obvious effect on inhibition of steel price movements.
Short-term domestic steel prices fall further pressure.
Based on this, the market next week to maintain partial negative evaluation -
Green warning.
In particular, nishimoto index in 2720 - next week
2800 yuan/ton range concussion downlink.
From inventory, during the festival the overall volume is not large, shen the arrival of the goods mainly rebar inventories rose, 304 stainless steel belt and falling, reflects the northern material is relatively more willing to focus our resources to the high price of the south China area.