Stainless steel belt and money collecting - facing the end of the month Tianjin stainless steel co. , LTD

In early trading opened, dominate the market of stainless steel with transient stability influence, the local market merchants offer temporary stability, then combined with the weather factors, such as slightly to restore market confidence. But in the afternoon period after spiral dive, a sharp increase in downstream enterprise wait-and-see attitude volume suddenly cold and cheerless. Resources: rebar YongCheng market at present most of resource scarcity, such as west side, in hangzhou, this situation is mainly due to steel mills delivery speed slow and part of the billet rolling steel plant capacity to reduce the impact, short-term is expected this phenomenon will continue. In the phase of the screw under the condition of continuous innovation is low, the market for National Day the long vacation before prices gradually lose hope, tomorrow the market prices are expected to fall slightly. The current domestic economy as a whole in a slow phase, and thus demand are not particularly optimistic, lead to slumping hong kong-listed trend continues, and the demand for iron ore is significantly reduced. And iron ore port stocks are still high, the obvious contradiction between supply and demand, the price of iron ore or there are still downside, steel price cost support continued weakening, to the road of steel prices rebounded stabilising continue to add resistance. Finally, steel mills policy, although the construction steel shagang leading steel plant in the new round of construction steel prices ex-factory price adjustment policy of plates, stainless steel with strong intention, but at the same time, shagang group and the previous complete plan part of the rebar to fill 50 yuan/ton, wire rod and plate screw fill 60 yuan/ton, the rare subsidy policy, also shows that shagang's worries about the market; In addition, other steel mills all give priority to, in order to cut the bellwether baosteel introduced New Deal in October slashed 100 yuan/ton, continuous flat before the end of march policy; And then other leading steel companies such as wuhan, river steel, anshan, benxi steel followed suit, and the amplitude modulation - in 100 200 yuan/ton. Steel mills policy slashed, it shows that steel mills to afternoon pessimistic views, affect the market traders mentality more pessimistic.
the market, the current gold nine is coming to an end, but the market did not have much better, although the downstream work better, but the end is still the on-demand mining goods, merchant shipping situation is not ideal; Inventory, now because of bad market new order less, traders wary of replenishment goods, for the afternoon more than a negative wait-and-see attitude. At present the country has no good support, combined with the weak downstream industry, hong kong-listed hard drive, small factory offer chaos, depress the market price. Expected short-term nanjing welded pipe market prices or low transient stability. Considering the National Day holiday approaching, stainless steel belt and face at the end of money collecting, tube factory afraid of money pressure on one hand, can only be guaranteed amount.