Recent 304 stainless steel with market price or weak - steady running
Tianjin stainless steel co. , LTD
Recent 304 stainless steel with market price or weak - steady running
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-10
Understands from the market, although 304 stainless steel with the market demand is still weak, but influenced by billet prices slightly upgraded yesterday, together with local traders with a low inventory operation, makes part of the specification is to play a supporting role, the linyi construction steel market prices weak consolidation.
Although construction steel prices weak today, but the market as a whole to clinch a deal still cannot alter the downturn, the market competition is more intense, traders in the city, many choose to price may make it harder for construction steel prices to maintain long-term support, is expected in a short period of time the linyi construction steel market prices or to continue downward.
Near the weekend, local cold-rolled market prices began to stabilizing run, market volatility is slowing, and most business mentality is stable.
Understands from the market at present stage, the current steel supply continues to decline, the specification is still in the condition of uneven, so stores inventory at a disadvantage, anshan iron and steel parts specifications for out of stock.
Macro aspect, because the country is still not good news, and during the late, so local cold rolled the market situation is still present malaise.
For this reason, the recent 304 stainless steel with market price or is expected to weak steady operation.
the domestic spot market, the weaker part in hebei coke market prices continue to test, the rest are confined, late or to fall;
Influenced by hong kong-listed weakening, money is tight, now JiaoGang corporate deadlock situation, short-term price movements are not optimistic;
The present price of steel mills for raw materials procurement crackdown is still not weakened, and the upstream coking coal prices to support dynamics is insufficient, the coke market is expected to still give priority to with weak.
Spot to Yin fell, but not by much, shandong port 460 mainstream PB powder is one of the low price, downstream timber fell still did not get rid of fate, still have depreciated, but according to the current steel plant overhaul, the strength of the production, the late sell-off should can be suppressed, but steel mills production could become a larger negative for iron ore.
Clinch a deal the finished material prices lower, and not free, downstream of the billet is ready for the plan, but still is given priority to with watching, the majority of merchants bearish market outlook, feel hesitate to purchase.
Launch maintenance of steel increase gradually, some traders have holiday ahead of time, volume more cold and cheerless, expected short-term billet market remains low consolidation is given priority to.
Poor weak demand, clinch a deal.
Varieties of steel fell some recent trend, making pig iron market more difficult delivery;
Combined with weak upstream raw material market, for pig iron price support dynamics is insufficient, short-term is expected to 304 stainless steel market continues to maintain a low.