Recent domestic 304 stainless steel belt or process - there will be a slight pull up
Tianjin stainless steel co. , LTD
Recent domestic 304 stainless steel belt or process - there will be a slight pull up
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-08
Feedback from the market, it is understood that the forward to higher, and the peripheral market prices edged up, as a result, the guangzhou market shipments get better in the afternoon, merchants more feedback shipments of amplification, so prices have edged out by this afternoon, there is also a part of the 304 stainless steel belt businessman rised emotions emerge, limited fractionally raising selling or shipment reaches a certain amount of price again.
Prices weak after the operation for a long time, today the market is rising, more period rose psychology led to the businessman, is expected to market tomorrow or to continue steady leaned slightly higher.
But the current is, after all, the high temperature season, rising sharply lack motivation.
Expected short-term stability of construction steel market place strong trend.
the recent domestic hong kong-listed is still weak turbulence, but tentative rebound operation increased significantly, especially in 304 stainless steel belt market clinch a deal there were signs of accelerated;
Section steel mill after adjusting variety production structure causes the supply can't keep up with sales progress, only helpless to implement discount, Shanghai, hangzhou and other sensitive areas of construction steel prices began to push up small amplitude.
But plank market increase due to new resources, the downstream procurement dynamics is insufficient, prices are relatively weak, but they don't want to fall further.
The hong kong-listed positive factors continues to strengthen, changes in plants could also enhance confidence in the afternoon.
Although the current steel market in sales off-season, end demand is relatively light;
But the upstream supply callback to hong kong-listed reserved breathing space.
Cisa, according to data from late June key steel crude steel output fell to 177.
80000 tons, the ten-day fell 3.
2%;
At the same time, key mills internal inventory back to 1391.
The ten-day fell 7 50000 tons, compared with the previous one.
9%.
Shows that steel supply significantly reduced;
In production, steel mills inventory down at the same time, 304 stainless steel belt inventory continues to decline, also showed that the late pressure to stock market is not large, support steel price lows.
But need to pay attention at the same time, China's steel exports in June highs, will inevitably add to inventory pressure to the domestic market.
Said to the steel mills on crude steel output fell back, and inventory pressure and steel prices in the low post;
Merchants in own supply pressure under the condition of little, steel demand is expected in the future for micro stimulate overweight and has large improvement project;
In this case, the business is no longer willing to shipment by cutting prices.
The recent micro stimulus projects across the country to speed up the implementation of the construction, also effectively release the end demand, improvement of the market clinch a deal, but also strengthened the confidence of the market, so the author thinks that the recent domestic 304 stainless steel belt or there will be a slight pull up process.