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Stainless steel belt business into a wait-and-see mode - again Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-13
Unclear, recent market movements and factors about common on this market.
Peripheral clinch a deal, plus continuous high inventory, makes the market clinch a deal is also out a cold wind.
But the rigid demand local terminal support and strengthen business point of view, to a certain extent the majority is given priority to with terminal output of merchants price intend, mind is very entanglements.
Have a deal ways, a large volume of around 300 tons.
Stainless steel belt volume was slightly worse than yesterday.
Resource the arrival of the goods, the new steel without a recent resources to nanchang, ripple steel has a small amount of the arrival of the goods, stock inventory pressure is not big.
Is expected in the short term, the local hot coil prices will continue to run smoothly.
as time came to the mid to late march, the local market began to gradually released, the businessman is an improvement compared with previous, but is still light compared to normal. Now more than local market merchants on shipment is given priority to, to maintain low inventories to circumvent the risk of price change. From the point of trading volume, now daily business shipments between dozens of tons to one hundred tons, small businesses is less. For afternoon, most merchants said, under the condition of the environment throughout the recession, yinchuan market of large and medium material price has a big improvement, more is to continue to weak stability situation at present. Today peripheral market movements have on average, the stainless steel with merchants back into wait-and-see, shipments started peatlands yesterday but can be sustained remains to be seen, short-term form a certain support for the current price. Wire rod, a line manufacturer HPB300 resource pricing is controlled in 3470 yuan/ton, manufacturer resources outside the province is still in the low flow and train arriving. Clinch a deal the ways, big day shipments basic local at the levels of less than 100 tons, in addition to fewer resources inventory, the downstream demand downturn clinch a deal is less one of the factors. In addition, angang has recently there will be a part of the resources of the arrival of the goods, but the amount is not much, the local resources tight situation will be difficult to form effective relief. According to merchant feedback, now market vicious competition phenomenon has become the norm, part of the merchant ship has big price war. Now market dominant resources is relatively chaos, higher price low price reached 50 yuan/ton, two or three line steel mills and the leading steel resources price gap is narrowed, part of the resources in the situation of mat endowment has with the same price and the dominant resources, even slightly higher. For the afternoon, the market mentality relatively confused, cautious wait-and-see. On average, is expected in the short term price of stainless steel belt or give priority to with consolidation on the sidelines.
as time came to the mid to late march, the local market began to gradually released, the businessman is an improvement compared with previous, but is still light compared to normal. Now more than local market merchants on shipment is given priority to, to maintain low inventories to circumvent the risk of price change. From the point of trading volume, now daily business shipments between dozens of tons to one hundred tons, small businesses is less. For afternoon, most merchants said, under the condition of the environment throughout the recession, yinchuan market of large and medium material price has a big improvement, more is to continue to weak stability situation at present. Today peripheral market movements have on average, the stainless steel with merchants back into wait-and-see, shipments started peatlands yesterday but can be sustained remains to be seen, short-term form a certain support for the current price. Wire rod, a line manufacturer HPB300 resource pricing is controlled in 3470 yuan/ton, manufacturer resources outside the province is still in the low flow and train arriving. Clinch a deal the ways, big day shipments basic local at the levels of less than 100 tons, in addition to fewer resources inventory, the downstream demand downturn clinch a deal is less one of the factors. In addition, angang has recently there will be a part of the resources of the arrival of the goods, but the amount is not much, the local resources tight situation will be difficult to form effective relief. According to merchant feedback, now market vicious competition phenomenon has become the norm, part of the merchant ship has big price war. Now market dominant resources is relatively chaos, higher price low price reached 50 yuan/ton, two or three line steel mills and the leading steel resources price gap is narrowed, part of the resources in the situation of mat endowment has with the same price and the dominant resources, even slightly higher. For the afternoon, the market mentality relatively confused, cautious wait-and-see. On average, is expected in the short term price of stainless steel belt or give priority to with consolidation on the sidelines.
