Short-term stainless steel with the market price or is expected to mainly with steady - Tianjin stainless steel co. , LTD

Although early duration, stainless steel belt pressure eased, but the cost of support during sharply weakened, in market confidence, combined with the demand for, and early shagang policy is low, further increases the market pessimism, ten-day low price is running within the domestic market to weak Yin fell after consolidation. Domestic market pull up spin state before the Spring Festival is missing in the previous years, and build storage market situation is also gone. While waiting for the 'start' after the Spring Festival market also failed to meet, present the disadvantaged consolidation pattern in the first two months, at the same time, the market mentality is subtle changes in quietly. Finally in the domestic economic data has slipped more, end demand slow start, tube factory to price cut 100 - in a row 150 yuan of bad factors such as catalyst, the domestic market increased the Yin fell in March. Reviewing the recent market movements, iron ore prices fell, consecutive billet callback, rush on steel underpowered, and the growing site shutdown, market demand an eerie, traders mentality slip, markets wait-and-see mood dense. From the point of clinch a deal, businesses generally lower quotation, but still not free delivery, high resources is unable to move. The arrival of the goods generally increased at the same time, traders, drained the pressure is also growing. But overall, traders inventory is still in lower level, in a great fall. Shutdown from the demand side, steel enterprises increasingly, shrinking market demand, with stainless steel traders and end users had winter will not high this year, traders difficult delivery, large shipments fell sharply, and spot prices, the market has a price no city, state, clinch a deal in the short term improvement is unlikely. In addition, inverted order cost, weak iron ore and so on all make up goods stay up risk, traders on the spot market operation will is not strong. For the first time in 10 months less than 2 million tons. In respect of the inventory, the current domestic social inventory is still in the rising status of steel, light, the main reason is that demand downstream receiving intention is not strong, lead to passive increasing traders inventory. But from the point of view throughout the year, the current inventory is still at a relatively low level. To sum up, due to the weak demand, rising inventories, traders mentality gradually turn pale, however, although the ore, steel billet continuous decline, but overall is still high, high cost, low inventory continues to support steel prices, in the short term, steel prices will gradually stabilised consolidation. Today the long-term low volatility, mainstream price is running smoothly, we have learned, after the local prices yesterday, today price quote on the sidelines. It is understood that in variety price swings with strong trend leads, the local traders offer atr, combined with the current stainless steel belt factory delivery still few, fewer available resources, businesses will is strong, rising prices boost the market, stimulate demand, mainly do terminal contacts businessman shipment is stable, clinch a deal is fair. Although railway and shacks transformation macro positive effective support for prices to rise up, but still need to be careful steel market supply after recovery, the impact on the market. About the above factors, the thick plate in the local market prices in the short term is expected to run or consolidation. Although the raw material gains, rally strong; Coupled with the national government made it clear to quicken up the pace of key project, is very beneficial to hong kong-listed demand picks up. , of course, the inventory of large iron and steel industry, production is also a fact that more, can dissolve more supply, it is not sure. Pessimistic merchants more concern in part due to weak demand, forcing families to shipment, continue to lower price. Short-term stainless steel with the market price or is expected to mainly with stability.