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Stainless steel belt goods price will have certain pull up effect - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-05
Partial peripheral environment bad, go against stainless steel with the improvement of the market environment.
And in small make up point of view, the current northern steel mill boring furnace behavior may have hope to pull the steel prices, but it will drag on scrap steel, short-term that NaQiang north weak situation is very difficult to change.
Steel mills in the south now receiving still has difficulty, shagang dose or at the levels of LiuQiQianDun this several days of the arrival of the goods, other steel mills are similar, so in order to get the good material, steel mill has to regularly price;
But contrast is very big, but in the north as off-season effect more apparent, the northeast market price is falling, hebei for meeting market operation temporarily less stable, but the late price risk.
It also suggests that this period of time between the north and the south is a very difficult market.
Today the thread screw is given priority to with steady, two weak overall supply and demand present situation.
Middle of shagang price policy continues to rise 20 has not driven the market price rises, in a dismal demand, businesses have lost the enthusiasm of the price.
Now market resources is generally not much, but has also been gradually reduce downstream demand, later will have a breakthrough also look at how the supply and demand change after the end of the meeting.
domestic steel scrap market today, the less volatile resource trading in general. Recently finished product material running weaker, ore prices, in this case the domestic stainless steel belt buoyant market. At present domestic steel scrap resources volume also changes little, the businessman mentality is fairly stable, the indication of expected value is not high, to avoid risks, low inventory on hand, purchase frequency and rapid delivery. And steel mills, foundries, because their production is different, different inventory, quantity and price of scrap steel purchase is different, the same quantity and price is not too high. The recent scrap steel market is expected to disadvantaged consolidation. Now market resources is generally not much, but has also been gradually reduce downstream demand, later will have a breakthrough also look at how the supply and demand change after the end of the meeting. Minority areas continued to appear tight supply situation, so the late stainless steel bring the price down to up difficulty. In recent years, with the lowest social inventories will still be late support factors in the domestic market; Steady growth measures are effective and at the same time do not rule out to continue the policy of steady growth in November, so expect domestic prices have a slight rebound in November. The current steel society inventory continues to fall, but crude steel output continues to hit record highs, market resource supply pressure is still large, Plus prices accelerated in May fell, cost support strength decreased significantly.
taken together, the status of the domestic resources supply pressure is not big in recent months will continue to yield negative growth is still hard to be broken, more than one million tons of export is still expected to continue, the domestic spot stock continues to decline, the early support prices remain strong factors still exist. Combined with micro stimulus policy effect, the boom of manufacturing demand recovery, recovery, plate for stainless steel with cargo price will have certain pull up effect, not surprisingly, November domestic goods is expected to rebound slightly.
domestic steel scrap market today, the less volatile resource trading in general. Recently finished product material running weaker, ore prices, in this case the domestic stainless steel belt buoyant market. At present domestic steel scrap resources volume also changes little, the businessman mentality is fairly stable, the indication of expected value is not high, to avoid risks, low inventory on hand, purchase frequency and rapid delivery. And steel mills, foundries, because their production is different, different inventory, quantity and price of scrap steel purchase is different, the same quantity and price is not too high. The recent scrap steel market is expected to disadvantaged consolidation. Now market resources is generally not much, but has also been gradually reduce downstream demand, later will have a breakthrough also look at how the supply and demand change after the end of the meeting. Minority areas continued to appear tight supply situation, so the late stainless steel bring the price down to up difficulty. In recent years, with the lowest social inventories will still be late support factors in the domestic market; Steady growth measures are effective and at the same time do not rule out to continue the policy of steady growth in November, so expect domestic prices have a slight rebound in November. The current steel society inventory continues to fall, but crude steel output continues to hit record highs, market resource supply pressure is still large, Plus prices accelerated in May fell, cost support strength decreased significantly.
taken together, the status of the domestic resources supply pressure is not big in recent months will continue to yield negative growth is still hard to be broken, more than one million tons of export is still expected to continue, the domestic spot stock continues to decline, the early support prices remain strong factors still exist. Combined with micro stimulus policy effect, the boom of manufacturing demand recovery, recovery, plate for stainless steel with cargo price will have certain pull up effect, not surprisingly, November domestic goods is expected to rebound slightly.
