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Stainless steel belt - for greater than demand Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-13
Focus: this week in March and April after the end of the gold season before stainless steel belt market shocks upward momentum in the recent slowing, weak material prices this week, near new billet weight back to 2000.
For the late quotation, most manufacturers still hold more cautious attitude, for the upcoming summer is the steel industry of the traditional off-season, recovery of demand growth will slow, price increases will make into handing over more difficult to follow up.
Plus some benefits of the current macro and not very effective, on the contrary weak fundamentals is limiting the market's positive.
Comprehensive consideration, is expected next week profiles as weak market adjustment.
For hot rolling, cold, etc. Main products prices are unchanged.
Market analysis said baosteel for hot rolling, cold rolling and other mainstream products in 3 - price
Cut down for three months in a row in May, June, falling to stabilizing, reflects the rising cost of production and countries introduced gradually under the situation of monetary easing, baosteel's confidence in plank afternoon strong trend, with the intention of the flat to stabilize the market expectations.
But for now, hong kong-listed remains cautious optimism, with stainless steel belt centralized production and increase the intensity of resources into, while the downstream demand is still difficult to improve, adds to the contradiction between supply and demand of resources as a whole.
In the short term, steel prices continue to hover on the road of dip.
3 in April after the end of the gold season before profile market shocks upward momentum in the recent slowing, weak material prices this week, billet near back in 2000. For the late quotation, most manufacturers still hold more cautious attitude, for the upcoming summer is the traditional off-season, steel industry demand growth will slow recovery, clinch a deal price words will make more difficult to follow. Plus some benefits of the current macro and not very effective, on the contrary weak fundamentals is limiting the market's positive. Comprehensive consideration, is expected next week profiles as weak market adjustment. In the face of increasing inventory, and market demand is always difficult to moderate, stainless steel belt supply intensifies, lack of confidence in the market, and the peripheral market dominance after compounded merchants pessimistic expectations, therefore, in order to compete for limited orders, market selling phenomenon is widespread, including this kind of phenomenon is especially outstanding in kunming area. For the next week, after this week, at present, a lot of resources have been upside down, the cost of supporting strong trend, and sintering of chongqing market price policy, more mainstream price shall not be less than 2500 yuan/ton sales volume. Resources as a whole, however, serious contradiction between supply and demand, is expected next week the southwest market weak pattern is still difficult to change. Material prices fell by 20 - this week 50, profile market still in a state of partial weak, downstream shipment although have some improvement, but it was strong enough to support the steel price is overall positive, combined with the demand side did not show too much. One week shipment, prices fell, weeks of continuous improvement in delivery, billet fell down again, the downstream procurement enthusiasm fair, on the one hand, is a relatively low price, on the other hand is mainly due to the businessman is caused by a periodic inventory. Profile market decline eased this week, stainless steel belt factory production control, prices to decline.
3 in April after the end of the gold season before profile market shocks upward momentum in the recent slowing, weak material prices this week, billet near back in 2000. For the late quotation, most manufacturers still hold more cautious attitude, for the upcoming summer is the traditional off-season, steel industry demand growth will slow recovery, clinch a deal price words will make more difficult to follow. Plus some benefits of the current macro and not very effective, on the contrary weak fundamentals is limiting the market's positive. Comprehensive consideration, is expected next week profiles as weak market adjustment. In the face of increasing inventory, and market demand is always difficult to moderate, stainless steel belt supply intensifies, lack of confidence in the market, and the peripheral market dominance after compounded merchants pessimistic expectations, therefore, in order to compete for limited orders, market selling phenomenon is widespread, including this kind of phenomenon is especially outstanding in kunming area. For the next week, after this week, at present, a lot of resources have been upside down, the cost of supporting strong trend, and sintering of chongqing market price policy, more mainstream price shall not be less than 2500 yuan/ton sales volume. Resources as a whole, however, serious contradiction between supply and demand, is expected next week the southwest market weak pattern is still difficult to change. Material prices fell by 20 - this week 50, profile market still in a state of partial weak, downstream shipment although have some improvement, but it was strong enough to support the steel price is overall positive, combined with the demand side did not show too much. One week shipment, prices fell, weeks of continuous improvement in delivery, billet fell down again, the downstream procurement enthusiasm fair, on the one hand, is a relatively low price, on the other hand is mainly due to the businessman is caused by a periodic inventory. Profile market decline eased this week, stainless steel belt factory production control, prices to decline.
