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Short-term within a few days no sign turned for the better - 304 stainless steel with movements Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
Currently 304 stainless steel with financing area is still nervous.
Steel society although inventory size shrink, but very weak downstream demand, import ore port inventories remain high, steel price is the lack of obvious upward momentum, market dynamics.
At present domestic steel prices stabilize consolidation and part of the city is prior to modestly, at present, the construction steel has gained momentum, plank has rebounded slightly, but on the premise of weaker demand, businesses still is given priority to with watching more.
And as the price of the ore, steel billet continuous decline, combined with screw fell again, bearish market atmosphere increased, although the recent parts of small, but the gains is not enough, thin trading.
while fixed asset investment growth in China in the first half of the year, the overall downward pressure increase, so the country issued some stimulus measures, is expected to begin in the second half will yield results, so it is bound to promote growth in the second half of steel demand, plus and the improvement of the state environmental protection standards, strengthen law enforcement, lack of some environmental capacity release how much will be affected by some suppression, and China's crude steel production has started to come down, so this will lead to enhanced steel capacity inhibition effect.
come on Friday, the local construction steel market prices vary each type. Rebar mainstream price is in 3250 yuan/ton, wire, plate screw price is based on yesterday's 20 yuan/ton rose slightly. Specific view, wire, plate screw because of shortage of funds, the market price stability slightly upward, thread price continues to flat. Merchants feedback, steel for maintenance of this month, wire the arrival of the goods is less, PingGang also rare resources supplement, cold steel coil resources to maintain normal, but the 304 stainless steel with low stock overall, partial businessman appeared phenomenon qi specifications, and the value specification is of merchants is slightly higher. Rebar, although fewer market concentration, but as demand restriction, prices remain relatively stable. In addition, some steel mills to the market price, the move to a certain extent, helps maintain the market price is relatively stable, but it is understood due to the month, the downstream terminal and dealers funding problems facing the test, so the market USES the preferential prices still have some space. Together in inventory pressure is not big, the steel price, under the condition of the arrival of the goods is not much, short-term market price or will run smoothly, but near the end of the month, the money collecting pressure, psychological gradually enhanced. Therefore, short-term market price fluctuations have relatively difficult, that is expected to give priority to with disadvantaged consolidation. Still continued the Yin down trend, influence around the market, sales mentality. The recent period of snail situation has not improved, at the same time, the negative influence on the spot market also is great. Influenced by the environment, since yesterday, the overall construction steel market is still weak, the early part of the price drop smaller products, nearly two days prices continue to fall. In addition, according to this understanding, in recent days end demand is still weak, clinch a deal the weakness of resources, further affect the local resources. In the overall market, short-term within a few days turn movements of 304 stainless steel belt is no good sign, the price will continue to consolidate.
while fixed asset investment growth in China in the first half of the year, the overall downward pressure increase, so the country issued some stimulus measures, is expected to begin in the second half will yield results, so it is bound to promote growth in the second half of steel demand, plus and the improvement of the state environmental protection standards, strengthen law enforcement, lack of some environmental capacity release how much will be affected by some suppression, and China's crude steel production has started to come down, so this will lead to enhanced steel capacity inhibition effect.
come on Friday, the local construction steel market prices vary each type. Rebar mainstream price is in 3250 yuan/ton, wire, plate screw price is based on yesterday's 20 yuan/ton rose slightly. Specific view, wire, plate screw because of shortage of funds, the market price stability slightly upward, thread price continues to flat. Merchants feedback, steel for maintenance of this month, wire the arrival of the goods is less, PingGang also rare resources supplement, cold steel coil resources to maintain normal, but the 304 stainless steel with low stock overall, partial businessman appeared phenomenon qi specifications, and the value specification is of merchants is slightly higher. Rebar, although fewer market concentration, but as demand restriction, prices remain relatively stable. In addition, some steel mills to the market price, the move to a certain extent, helps maintain the market price is relatively stable, but it is understood due to the month, the downstream terminal and dealers funding problems facing the test, so the market USES the preferential prices still have some space. Together in inventory pressure is not big, the steel price, under the condition of the arrival of the goods is not much, short-term market price or will run smoothly, but near the end of the month, the money collecting pressure, psychological gradually enhanced. Therefore, short-term market price fluctuations have relatively difficult, that is expected to give priority to with disadvantaged consolidation. Still continued the Yin down trend, influence around the market, sales mentality. The recent period of snail situation has not improved, at the same time, the negative influence on the spot market also is great. Influenced by the environment, since yesterday, the overall construction steel market is still weak, the early part of the price drop smaller products, nearly two days prices continue to fall. In addition, according to this understanding, in recent days end demand is still weak, clinch a deal the weakness of resources, further affect the local resources. In the overall market, short-term within a few days turn movements of 304 stainless steel belt is no good sign, the price will continue to consolidate.
