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Short-term price is difficult to have a substantial rebound - 304 stainless steel belt Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-11
Today continued to run 304 stainless steel with price stability.
Morning, weak downstream product material market cannot alter, mainstream price is given priority to with stability, individual small, light volume.
Specific view: opening, tangshan small narrow strip continued stability, demand is insufficient, clinch a deal is still poor, so the individual steel plate to decline to 10 yuan.
Profile mainstream quotation to maintain smooth, is sold at a lower price, but the market is little, clinch a deal without improvement, it is understood that part of the practical operation are still falling space;
Construction steel price to low, clinch a deal the last downturn.
From the current situation, the recent big-ticket billet itself, traders shipments have premium space, the upstream raw material market remain strong, platts 62% imported ore index 64.
$25, iron ore prices are still high, not on price stability of billet played a supporting role.
at present, the market demand downturn is not seen signs of improvement, from the point of the relevant economic data, hot dip galvanized round steel prices rebound in demand in the short term I hope is not big. Steel prices run mainly affected by the ore price, output, and money. Ore price, because the port mouth low inventory situation continues, although clinch a deal the previous shrunk, but not in the steel mills of the comprehensive production background, ore price is relatively stable, are less likely to fall sharply, short-term shocks sideways in the majority. Of production, at the current timber prices and ore price calculation, almost all mills will lose money, but forcing steel production needs certain process. And, for now, steel mills cut production, limit production is still low, the market short-term supply, to form a larger market pressure. And money, half a year for the bank settlement period since June, short-term financing area tight, market lacks capital injection and complement, traders defensive willing is not enough, serious an exodus from each other. Other analysts also said that the current market has just entered the off-season, 304 stainless steel prices have rising demand in May, and as the steel prices downward, terminal purchasing wait-and-see mood is still strong, in addition to the part of the rigid demand, purchasing or still have other back phenomenon, steel prices in the short term is difficult to have a substantial rebound is expected. Due to heavy falls in steel prices, iron ore prices have to fall. Late last week steel market is showing signs of temporary stop falling, rebar futures prices have rebounded slightly, tangshan billet. However, the personage inside course of study says, the falling did not have before continuous falling steel prices, falling by phases occur when volume surged, purchasing party continues on, performance is very calm, the price is not to everyone's expectations. Just enter the off-season, the market now in market demand may rise, and the decline of market prices, terminal purchasing wait-and-see mood is still strong, in addition to the part of the rigid demand, purchasing or other still have pushed back appearance. And steel production, limit production didn't have a large area, to short-term price of 304 stainless steel with a substantial rebound, even if the recent rebound, is also a small rebound, and do not rule out the possibility that prices continue to fall, real rebound again, and so on.
at present, the market demand downturn is not seen signs of improvement, from the point of the relevant economic data, hot dip galvanized round steel prices rebound in demand in the short term I hope is not big. Steel prices run mainly affected by the ore price, output, and money. Ore price, because the port mouth low inventory situation continues, although clinch a deal the previous shrunk, but not in the steel mills of the comprehensive production background, ore price is relatively stable, are less likely to fall sharply, short-term shocks sideways in the majority. Of production, at the current timber prices and ore price calculation, almost all mills will lose money, but forcing steel production needs certain process. And, for now, steel mills cut production, limit production is still low, the market short-term supply, to form a larger market pressure. And money, half a year for the bank settlement period since June, short-term financing area tight, market lacks capital injection and complement, traders defensive willing is not enough, serious an exodus from each other. Other analysts also said that the current market has just entered the off-season, 304 stainless steel prices have rising demand in May, and as the steel prices downward, terminal purchasing wait-and-see mood is still strong, in addition to the part of the rigid demand, purchasing or still have other back phenomenon, steel prices in the short term is difficult to have a substantial rebound is expected. Due to heavy falls in steel prices, iron ore prices have to fall. Late last week steel market is showing signs of temporary stop falling, rebar futures prices have rebounded slightly, tangshan billet. However, the personage inside course of study says, the falling did not have before continuous falling steel prices, falling by phases occur when volume surged, purchasing party continues on, performance is very calm, the price is not to everyone's expectations. Just enter the off-season, the market now in market demand may rise, and the decline of market prices, terminal purchasing wait-and-see mood is still strong, in addition to the part of the rigid demand, purchasing or other still have pushed back appearance. And steel production, limit production didn't have a large area, to short-term price of 304 stainless steel with a substantial rebound, even if the recent rebound, is also a small rebound, and do not rule out the possibility that prices continue to fall, real rebound again, and so on.
