Recently domestic steel mills of 304 stainless steel with purchasing prices basically stable, but because of the ore is relatively strong performance, combined with the circulation of ore resources, tangshan and liaoning regional ore dressing plant slightly raised ex-factory price, but still the supply-side unilaterally pull up, steel mills recognition is not high.
Taken together, obvious decline in crude steel production data, short-term ore demand is restrained, difficult to form the overall upward momentum, but the current domestic ore price competitiveness gradually restored, basic can break early continuously under the situation, the recent domestic ore market is expected to give priority to with stability.
Amount recovered part of the port to port, the inventory will not continue to fall, fell to a relative equilibrium after the fall is a difficult, besides mine every year at the end of the delivery is less than the previous, and the second year will reissue part of the beginning of this year, according to this view, the current inventory decline may be deceptive.
Personal point of view, and this early screw, even iron diving may make the iron ore prices fall back to channel 304 stainless steel belt platts slow down fast up the rhythm is not good, can mine pit is a intention is clear, to be ready for a little goods up advice or to years ago after the Spring Festival to say again, time point follow before judgment, at the end of the first quarter at the beginning of the second quarter.
Clinch a deal in good condition, the downstream steel on-demand procurement, coke just to be fair, coke force balance of supply and demand.
But weak steel market, clinch a deal is relatively thin, steel mills for coke on emotional unabated, downstream coking coal market also confined run, coal inventory increase gradually, the coke support wanes, taken together, the coke market will remain confined run late fall possibility is still there.
with drop in domestic pig iron market stability, clinch a deal the situation in general.
304 stainless steel with resources is still tight, individual regions of shandong iron works not take-away steel recently, even have a purchase intention, but manufacturers worry that afternoon, still waiting to see.
Cast iron, ductile iron, raw material prices decline, the iron price support wanes, and iron works don't want to backlog of inventory before the Spring Festival, so businessmen to expand more bargaining space ship to stimulate to reduce inventory, expected short-term weak hard to change.
Temporarily stable prices, the market clinch a deal the big-ticket, terminal weak steel market, low price, clinch a deal the poorly, but the focal companies still maintain a high capacity, if there is no late had winter market digest this part of the increment, the coke market supply will increase dramatically, causing prices to fall further, overall, had winter weakening is expected to increase the supply of coke market pressure, coke prices more likely to weaken again late.
The real and expected contest, final real prevail, the downstream steel continuous decline, causing stock crash, the more close to year end, the more ore steel situation, and on Friday the country 41 main port iron ore inventories amount to 9870, rose last week statistics on small gain 46, part of the port to port volume rebounded, inventory will not continue to fall, fell to a relative equilibrium after the fall is a difficult, besides mine every year at the end of the delivery is less than the previous, and at the beginning of the second year will reissue part, according to this view, the current inventory decline may be deceptive.
Personal point of view, and this early diving may make screw, even iron iron ore prices back down channel, platts slow down fast up the rhythm is not good, can mine pit is a intention is clear, to be ready for a little goods up advice or to years ago after the Spring Festival to say again, time point follow before judgment, or so early in the second quarter of 304 stainless steel belt at the end of the first quarter.
