Short-term 304 stainless steel belt or will be given priority to with low consolidation - Tianjin stainless steel co. , LTD

Today, the domestic steel prices narrow strong trend. 304 stainless steel with price to maintain a slight pull litre, clinch a deal the spot situation improved, traders overall mood boost. Rebar and hot rolled coil plate futures capital markets continue to collect rare red, giving spot is a positive signal, steel price decline has been diminished significantly, stop falling stabilization operation has gradually expand, sensitive area prices edged out, late or will continue to secondary cities conduction, tomorrow the finished product material price is expected to give priority to with stability strong trend. Crude steel nissan hit a record high, but for the moment in the first quarter GDP growth fell to a 7. 4% of the acceleration of economic restructuring and transformation of the situation, the intensified contradiction between supply and demand of iron and steel industry as a whole, and capital-intensive features make it in our country under the tight monetary policy neutral tone can also be difficult to play the middle channel 'reservoir' function, it also makes the source steel transfusion channels blocked, in the case of supply pressure, hong kong-listed get decent prices. Therefore, as for the May Day in front of the market, the overall adjustment is still not over, the steel price is difficult to form the strong trend of market trends, still recommend careful operation. That need to be alert to the late steel product structure adjustment's influence on the spot. And with steel prices pull litre, steel stocks also continued to decline, 304 stainless steel belt as steel prices in the high water after taking the most powerful support. Liquid iron and steel industry is the current tensions, however, the main factors influencing the market, has the news that some Banks to some steel mills ShouDai 10%. And steel trade agent of decrease, long association, fell and steel price downturn situation due to reduced intermediate transfer operation mills rely on the middle of the 'reservoir' function abate, after two years of tumbled, steel mills profit has very little, even though the latest 28 listed steel companies only three losses, but the steel mills more net profit rose by a sideline, iron and steel industry as a whole management posture does not appear obvious improvement. In the global and domestic liquidity contraction hong kong-listed tight credit and are still under the situation of geopolitical risk, risk aversion is not scattered, and capital will become the most main restricting factors. For hong kong-listed may, therefore, difficult to speaking out of turn. Today 304 stainless steel belt or narrowed, part of the sensitive area of steel prices rose. Although still in from offline side, but is still in 2 months, whether from the operation of the macro policy signal or manufacturing situation, forming a certain psychological support to the present market. Capital markets rebar futures and futures hot roll plate change multiple consecutive trading days of decline, in today's small Yang, rare and longer so, show empty continues to suppress the kinetic energy has subsided in the near future, but whether to return to rally, it is hard to say. Continuing the momentum of some varieties of cut, cold rolled plate, medium plate and elevated the average price still keep falling, and sensitive areas such as hot rolled plate, rebar prices have edged up, clinch a deal at the same time also sync back to temperature, sensitive species to rise is expected to be in the later to other varieties of conduction, combined with the upstream price shock strength of steel, steel prices in the short term or stop falling signs of stabilising. But under the transformation of the economic restructuring of the steel industry as a whole fund surface tensions and near the end of the unfolding drained a pressure will make the steel price is difficult to have a decent performance, must mean that the central bank's directional reduction life also remains to be seen, the steel price rally market or will be difficult to full swing, short-term 304 stainless steel belt or will be given priority to with low consolidation.