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Short-term is expected to 304 stainless steel belt or will continue to decline - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-05
Current spot hong kong-listed in case of losses deepened, terminal on prone to severe, although the rebound over the weekend as the phase of the steel, the trading behavior of middlemen, once appear larger, but the overall demand is still weak.
Now for 304 stainless steel with trade business, are in serious loss of phase, shagang, last week for the iron and steel, anshan iron and steel and other steel mills agent many times 'boycott' tide is a very good support.
For steel prices this week how to walk, the author tried to slightly discusses from the following several aspects.
last week whether the spot market or steel market, steel industry has presented the pattern of the rebound over the weekend, obviously increase the confidence in the market, the spot market after of ultra falls, have positive stimulus, the pump will obviously, according to market understanding, some cities during the weekend construction steel offer one-day pull up even more than one hundred yuan; Intermediary market bottom number increased significantly, on the one hand is the businessman to pull up strong appetite, steel prices began to rebound, on the other end demand after see the steel price lows, stimulated the demand may also speed up the release. But given the continued high steel inventory pressure, afternoon variables too much; At present we can judge, if weeks first phase of the steel market is still strong, spot market will present the pull up this week shipment short-term jump in prices; Week if a period of 304 stainless steel belt down again, the spot market may show up before or pattern. The key leaders pay close attention to the new address and market trends. Domestic medium plate market prices slipped a bit. From all major cities nationwide price changes, in addition to the wuhan, xi 'an region medium plate prices steadied, most other major cities prices have dropped slightly. Since this week, steel plate, the gate of the stock market to accelerate the fall, to the steel spot market to hit, the confidence of the merchants had bottomed, pessimistic expectations are for afternoon, price drop is also increased. Raw materials: the early stage of the relatively strong also continuous billet prices fell slightly, raw material prices decline that makes the market price the cost of support is weaker. Steel mills: PuYang, Wen Feng steel lock price still maintain the basic price of 3650 yuan, but the order is still great quantity signs; Steel plate in the factory prices of 200 yuan, visible second-line steel mills in inventory and order under the weight of the poor, also have to cut the factory price. Market prices continue to fall, the downstream market procurement contract, poor overall market clinch a deal. Basic normal steel mill delivery, also no information about steel mill maintenance, but dealers are less lock price order, the whole social inventory although did not decline, but no obvious higher trend. All in all, contradiction between supply and demand is still restrain the main factors of market price stabilization, merchant capital turnover, mentality more pessimistic, expected rising. The short-term is expected to 304 stainless steel belt or will continue to decline.
last week whether the spot market or steel market, steel industry has presented the pattern of the rebound over the weekend, obviously increase the confidence in the market, the spot market after of ultra falls, have positive stimulus, the pump will obviously, according to market understanding, some cities during the weekend construction steel offer one-day pull up even more than one hundred yuan; Intermediary market bottom number increased significantly, on the one hand is the businessman to pull up strong appetite, steel prices began to rebound, on the other end demand after see the steel price lows, stimulated the demand may also speed up the release. But given the continued high steel inventory pressure, afternoon variables too much; At present we can judge, if weeks first phase of the steel market is still strong, spot market will present the pull up this week shipment short-term jump in prices; Week if a period of 304 stainless steel belt down again, the spot market may show up before or pattern. The key leaders pay close attention to the new address and market trends. Domestic medium plate market prices slipped a bit. From all major cities nationwide price changes, in addition to the wuhan, xi 'an region medium plate prices steadied, most other major cities prices have dropped slightly. Since this week, steel plate, the gate of the stock market to accelerate the fall, to the steel spot market to hit, the confidence of the merchants had bottomed, pessimistic expectations are for afternoon, price drop is also increased. Raw materials: the early stage of the relatively strong also continuous billet prices fell slightly, raw material prices decline that makes the market price the cost of support is weaker. Steel mills: PuYang, Wen Feng steel lock price still maintain the basic price of 3650 yuan, but the order is still great quantity signs; Steel plate in the factory prices of 200 yuan, visible second-line steel mills in inventory and order under the weight of the poor, also have to cut the factory price. Market prices continue to fall, the downstream market procurement contract, poor overall market clinch a deal. Basic normal steel mill delivery, also no information about steel mill maintenance, but dealers are less lock price order, the whole social inventory although did not decline, but no obvious higher trend. All in all, contradiction between supply and demand is still restrain the main factors of market price stabilization, merchant capital turnover, mentality more pessimistic, expected rising. The short-term is expected to 304 stainless steel belt or will continue to decline.
