Stainless steel band resources continue to arrive in the market Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
Last week the domestic iron and steel furnace charge market and being one, mainly for ore imports, domestic ore concussion, billet market rose fell overall stabilisation after finishing first, maintain edged up only coke market situation.
Macro environment better, stainless steel belt production has increased release of rigid constraint.
The early stage of the macro policy to establish the bottom line of thinking, the State Council released by dividend policy stimulus multi-layer structural demand are heralds the coming peak season demand land will not perish;
And the market worried about production problems, through strengthening environmental protection equipment inspection and environmental protection check on the strength of the release of production capacity.
Market, steel market overall stabilisation of the early, early did not appear the expected inertia to pull up prices, lead to capital market decline, mainly because of the Syrian crisis caused weak steel market cannot alter, coupled with the spot market was trading is relatively weak;
A weaker market mentality, most businesses choose stabilization, watching, some tentative rebound, there is no positive response;
Sideways edged up market until Wednesday, Thursday, continued weakness, long in period of steel plate after an inconclusive businessman mentality further weakening, plus imports of ore and other raw materials decline followed suit, lead to spot steel prices back down.
although mid August crude steel output edged back again, but before the major steel mills of the country's production enthusiasm for the arrival of the traditional peak season, continue to maintain at a high level; Stainless steel belt town of tangshan region steel mill starts at 95. 19%. Late market supply pressure increase probability. Fell back because of the cost of raw materials, coupled with the spot the negative impact of the downturn hong kong-listed running this week domestic steel pricing policy is given priority to with steady, continue to raise the enthusiasm of the ex-factory price is out, the spot market expected rally has no cash, make steel mills for raw materials inventory will weaken further, give priority to in order to maintain the existing stock, the early stage of the imported ore, steel billets, steel scrap or larger varieties will be slightly adjust the pressure, and coking coal market because the price is still relatively low, in the short term will remain steady rise.
the downstream industry with the release in the steel demand is not as expected, the peak season in the steel market trading atmosphere to continue weakening, has made for a weak market confidence to start. Plus a drop in global capital market, commodity market affect the steel trade business mind. With stainless steel band resources continue to arrive in the market, the steel supply pressure continues to increase, the raw material cost is difficult to give, so we believe that the domestic steel prices this week and oscillation operation is given priority to, part of the steel grade magnified losses.
although mid August crude steel output edged back again, but before the major steel mills of the country's production enthusiasm for the arrival of the traditional peak season, continue to maintain at a high level; Stainless steel belt town of tangshan region steel mill starts at 95. 19%. Late market supply pressure increase probability. Fell back because of the cost of raw materials, coupled with the spot the negative impact of the downturn hong kong-listed running this week domestic steel pricing policy is given priority to with steady, continue to raise the enthusiasm of the ex-factory price is out, the spot market expected rally has no cash, make steel mills for raw materials inventory will weaken further, give priority to in order to maintain the existing stock, the early stage of the imported ore, steel billets, steel scrap or larger varieties will be slightly adjust the pressure, and coking coal market because the price is still relatively low, in the short term will remain steady rise.
the downstream industry with the release in the steel demand is not as expected, the peak season in the steel market trading atmosphere to continue weakening, has made for a weak market confidence to start. Plus a drop in global capital market, commodity market affect the steel trade business mind. With stainless steel band resources continue to arrive in the market, the steel supply pressure continues to increase, the raw material cost is difficult to give, so we believe that the domestic steel prices this week and oscillation operation is given priority to, part of the steel grade magnified losses.
