Short-term to stainless steel with a roll-up operations - obviously Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-06
Review the recent stainless steel belt, pull up prices for like slow cow laborious, but falling so quickly, while on the range of it, is not as sharp as before, but the pattern of the slow rise tumbled suggests that unfinished steel pipe market dip process, later will continue.
And phase of the steel and copper today's capacity price movements will continue to weak spot steel pipe market in the short term, the phenomenon of market price shipment will continue, and downstream demand substantive decline will in the later to make markets digested slowly.
Is expected next year or two, steel prices will continue to lower.
This week, liaocheng market price stability, the next week or will be disadvantaged consolidation.
Weeks, affected by businesses wait-and-see mood and light volume, market prices stable for the time being.
Understands from the market, the price of local days steel hot-rolled tube billet production and small and medium-sized tube factory ex-factory price stabilization, shandong local market up without demand, down cost, thus in the rise and fall dilemma embarrassment, to avoid risks, businessman is more steady.
Communication with senior industry practitioners, according to a recent local market price fluctuations on the stimulation of shipment is not obvious, businesses have lost the enthusiasm of the depreciate sales promotion or increase the price to support, due to the frequent fluctuations, the price of the local market is chaotic, also haphazard, high price and low resources spreads widening gradually, afternoon steel pipe manufacturer uncertainty increased, the stainless steel with merchants replenishment's enthusiasm is not strong, the market strong wait-and-see atmosphere.
After pulling up since this week, however, to this day, the uplifting of the market there have been signs of slowing down, insufficient strength of the overall volume of follow up, will continue in inhibition of market prices, short-term stability probability is bigger.
In addition, from the current steel tube, the primary influence factors is still financing area, according to data shows, the big four Banks in July new lending is only 182 billion yuan, nearly 40 billion yuan less than a year earlier, and a year month low, and the two ministries are also strictly curb blind investment in industries with excess capacity, Banks will not lend any money of new project, at the same time, the central bank website yesterday also added a stock lending facilities referred to as 'SLF project, mainly is to timely adjust the liquidity in the banking system, dampen short-term abnormal fluctuations, from the overall situation, on the surface of the steel tube in the short term capital doesn't have obvious difference, the balance is still the main trend.
The manufacturing economy overall moderate recovery and steel pipe the advantages of low inventory of steel prices below.
Short-term stainless steel belt, therefore, difficult to have clear in operation, but has entered the stage at the bottom of the build phase of consolidation.