Imported ore weak steady, this week, fell to $132, affected by recent run more stainless steel belt slump, import loose ore spot prices fell this week, but the decline is relatively small.
Mainstream ore price stability, resources are relatively tight, trader's price stability dynamics remained, because the inventory before, in the short term is expected to import ore or maintain a narrow weakening operation.
Ore market stability slightly adjusted, some small, clinch a deal the change is not big, end mills funds nervous, with more in and demand a phenomenon, but offer no looseness in mines, part of late will still be looking forward to, is expected late market stabilization.
Billet market this week continued weakness, poor timber market movements after the Mid-Autumn festival, combined with rolling enterprise late few orders, market clinchs a deal difficult have greatly improved.
With weak in stable raw material, iron ore, stainless steel belt, cost support is insufficient;
In view of the current market price is low, and the basic no inventory pressure billet manufacturers, markets wait-and-see atmosphere is strong, is expected to steel billet market after running or slight concussion rebound.
The downstream timber dismal performance, small long vacation before steel concentrated inventory phenomenon did not happen, iron ore continued weakness in operation last week.
Imported ore, 62% PB's 132 run up and down shocks, mine tender hype and dry bulk index rose does not boost market confidence, the spot market merchants careful operation, clinch a deal is still very dull, outside late ore prices is expected to run around 130 weak;
Domestic ore market, the market due to shortage of resource, most of the ore to choose business offer strength, low pricing don't go out, let the steel mills in must control costs are difficult to receiving predicament, individual was forced to raise iron powder to complete inventory, the overall pattern of stalemate.
Taken together, short-term stainless steel with more likely to continue to narrow consolidation.
the iron and steel industry benefits after the rebound in August, September began to fell sharply.
Imported iron ore prices, steel sales prices are down, and corporate debt ratio increases, iron and steel enterprises again fell back to the difficult pattern, and the most difficult situation or in the fourth quarter of this year.
Market performance is difficult to satisfactory.
Tepid market trading mood is obviously not, terminals, and intermediate traders purchase enthusiasm is not strong, the market is not active, combined with the capital market weakness, steel price shocks will fall.
But from early September crude steel production, steel mills production enthusiasm has not decreased, remaining raw material supply and demand, so the raw material downward strength is relatively limited, narrow adjustment is expected next week raw materials market operation.
Businessman mentality is also gradually slow, no longer a single take low-cost sales promotion strategy, willingness to change of shipment, price also is given priority to with stability.
Is different from the usual first downstream users centralized purchasing pattern, market clinch a deal before the Mid-Autumn festival this year as a whole is still light, profile just as the building materials market price fluctuation, such as hot rolled dominant variety resources and a small range of adjustment, stainless steel belt price maintain weak stability situation as a whole.
