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Slightly better off running - stainless steel belt market in China Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-12
Domestic stainless steel market slightly better off running, steel mills CaiJia slightly raised, clinch a deal market better, manufacturers increased confidence;
Ferrosilicon market price is slightly chaotic;
Domestic molybdenum, clinch a deal, the price shows the pattern of shock consolidation;
Vanadium is domestic market as a whole is slightly weaker performance, price whole appear slightly loose back;
Weak domestic tungsten iron market steady running, the downstream procurement enquiries are light, clinch a deal market as a whole.
The domestic market of titanium iron run smoothly, all manufacturers offer maintain preliminary level, the total volume was light.
Imported ore market is given priority to with cut last week.
Recent financing events continue to ferment, some traders worry later further strain on the financing side, and sold in advance resources, alleviate the pressure of the money.
As the forward spot prices fell, the condition of resource platform to clinch a deal is good, the low grade minerals to clinch a deal is active, clinch a deal the price, and the formation of push up effect, combined with the centralized procurement of steel mills also stimulates market, weeks after the spot price leaned on a small, but subject to supply large and influence to later bearish market, stainless steel belt rebound to continue, the overall market return to hasten down state.
Domestic molybdenum, clinch a deal in general, prices, the pattern of shock consolidation.
General miners attitude, optimistic, molybdenum iron works and most traders think the market is in the trend of rising slightly, most steel mills in beginning this week.
The situation in present international molybdenum price rose slightly, foreign markets molybdenum oxide, molybdenum iron, molybdenum chemical market clinch a deal.
Domestic molybdenum iron bulk market clinch a deal.
But now have the manufacturer said molybdenum iron market thinking, dare not rashly in purchasing raw materials, the recent volume in molybdenum iron and reduce some of the early may.
Represent the 'differences' imported ore market, port spot prices continue to fall, not better, and the forward spot prices have raised.
Stainless steel belt main futures contracts to new lows, making the whole ore financial derivatives market in haze, again near the weekend, import ore markets across the back down.
Recently, the stories about the iron ore trade financing, while the current watch has not been too much influence on the formation physical market, but the market mentality and the worrying about money always affects the business confidence, is expected to iron ore market is difficult to get rid of the predicament, late will continue to adjust the weakness of low.
this week in north China coke market mainstream stability. Despite rising steel market, but volume is always not beautiful, as a result, the early rose slightly coke prices again was reduced, the market look sad atmosphere is becoming more and more strong. In addition, the environmental protection check also in continues, but with the environmental protection in coking plant and steel plant have influence, so the impact on the supply and demand quantity is not very obvious. This week in east China as a whole, the individual areas of low inventory steel mills to accept the price policy of coking plant, amplitude in 20 yuan ( Tons of price, similarly hereinafter) The left and right sides. The coking plant is still in the majority with losses, although inflationary expectations is relatively strong, but at present the market is not optimistic, negative factors still exist. Domestic coal market as a whole continued, clinch a deal the situation in general. Details are as follows: coking coal market as a whole continued smooth running, big basic normal mine production, the mainstream varieties clinch a deal the price is relatively stable. Injection coal market as a whole to continue to run smoothly, the local steel mill pulverized coal purchase price cut, clinch a deal. Stainless steel with smooth weak, clinch a deal.
this week in north China coke market mainstream stability. Despite rising steel market, but volume is always not beautiful, as a result, the early rose slightly coke prices again was reduced, the market look sad atmosphere is becoming more and more strong. In addition, the environmental protection check also in continues, but with the environmental protection in coking plant and steel plant have influence, so the impact on the supply and demand quantity is not very obvious. This week in east China as a whole, the individual areas of low inventory steel mills to accept the price policy of coking plant, amplitude in 20 yuan ( Tons of price, similarly hereinafter) The left and right sides. The coking plant is still in the majority with losses, although inflationary expectations is relatively strong, but at present the market is not optimistic, negative factors still exist. Domestic coal market as a whole continued, clinch a deal the situation in general. Details are as follows: coking coal market as a whole continued smooth running, big basic normal mine production, the mainstream varieties clinch a deal the price is relatively stable. Injection coal market as a whole to continue to run smoothly, the local steel mill pulverized coal purchase price cut, clinch a deal. Stainless steel with smooth weak, clinch a deal.
