Q345B seamless square tube activity decline in business confidence boost - Tianjin stainless steel co. , LTD

Downstream of small and medium-sized distributors in a wave of stock market, to bring some years ago markets in the dawn. BenXun settlement will, however, on the basis of early guidance price down to 180 yuan/ton, merchants keeping basic kui, settlement after the market price changes also too won't big. Ways, from steel plant production line is still normal production, inventory pressure rising, years ago 304 stainless steel band are not order. Comprehensive consideration, given the site have holiday next week, expect the next aim of the guided flat. Analysis of the personage inside course of study thinks, the end of December and January of this year is the market in the off-season, demand and volume will continue to shrink, but the supply pressure are slightly more likely to be increased, the cost of support, the theme of the vulnerable consolidation will continue to be a late. The more important thing is that the steel mills and the dealer orders by the end of negotiation period, raised ex-factory price of the New Year the first, on the one hand is to stabilize the 'morale' and give dealers confidence; On the other hand is to ensure that next year's order quantity, lock quality dealers. But for markets and businesses, these obviously far from sufficient to motivate them to actively take the goods. The key lies in steel prices have not continue to rebound, although the downstream demand is relatively stable, but it is not enough to boost market confidence. Comprehensive summary, the author thinks that, with the end of this week, the basic comprehensive site shutdown, and merchants gradually away from the city, the holiday next week 304 stainless steel belt will enter the holiday period, steel prices will give priority to in order to run smoothly. Based on this, the market remains neutral evaluation next week - Blue warning. In particular, nishimoto index in 2530 - next week 2560 yuan/ton range concussion run. Domestic construction steel stabilised this week, a few were mixed, next week is expected to give priority to with steady, hard to change. Social inventory passive rise, but the amount is more than the same period last year declined obviously, traders pressure controlled, mood an exodus cooling; Ready for the middle and lower reaches of the operation, at a price of the city, state, and years later the bullish expectations is not strong, the first pull up market difficult now. Around traders will soon have a holiday next week, the overall activity decline further, is expected to price a smooth transition. Overall caught 'one year one year profit' circle. The analysis thinks, the main reason is a listed steel companies clever by adjusting the depreciation policy to avoid ST, another reason is that thanks to government subsidies. The whole, the steel industry is still the basic continued recession. But has little effect on the market, mainly due to the previous price has more to the point, relatively stable market mentality, early shipment faster, profit, shagang factory prices more than 2350 - now 2360 yuan/ton. It is understood that the recent market run more smoothly, the downstream demand, less activity decreased, and traders by going back to the balance payment as the main task, and recently has some traders library. Although the central bank issued measures, good hong kong-listed, seamless square tube of Q345B activity decline in business confidence has certain boost, but short-term demand good hard, expect the price before is given priority to with steady, smooth shagang 2) policy.