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Stainless steel belt in micro stimulus driven or improved Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-05
Over time, things change.
Once stainless steel with high price of xinjiang, the current price has already become the national price is the lowest.
Just a few years, the xinjiang region of construction steel prices such as waterfalls, constantly breaking the price low, and constantly hit the confidence of the practitioners, as if the whole market is shrouded in clouds.
Cash-strapped situation impedes the process of the project, the current situation of excess production capacity increase supply pressure in the market, analysts believe that these two factors, since this year the dominant reason of steel prices in xinjiang region.
Hot-rolled coil,
in the market of the thin plate resources increased, also the corresponding sales pressure increase, price competition is more intense than a previous between traders, lead to price swings down. July is expected to domestic steel market confidence is expected to gradually improve. However, given the fundamental pattern of sharp reversal hopeless, so hong kong-listed rebound height is limited. Off-season characteristics significantly, hong kong-listed for strong to the weak. In June, the domestic season characteristic of hong kong-listed began to emerge, the downstream steel demand weakens. Central China, south China and east China region successively because of rainy weather, terminal purchasing a significant reduction. Instead, enter the traditional off-season steel plant is in production, high steel production has become the norm. This makes 'for strong to the weak' pattern is very difficult to reverse. The cost of raw materials to support. After months of falling, stainless steel belt price has dropped to periodic lows. Iron ore giant price-cutting spiral, years prices have fallen by nearly a third. Australia's fortescue and Rio tinto group released the latest ore sales information at a discount, since July 1 will be effected according to the different varieties on the export of China's iron ore with 8% and 14% discount, but before the discounts of 6% and 12% respectively. Rio tinto will be on the same day to low quality iron ore discounts up to 13%. In the global iron ore market supply and demand imbalances, domestic port iron ore inventories 1. 13. 7 billion tons of high pressure under the influence of negative, such as ore prices to rebound very difficult. And steel mills will continue to face pressure to cash-strapped, most steel mills continue to choose to shorten the iron ore inventory cycle, plus the sea mine, discount sales model and the increasingly fierce competition of mining city, has dampened raw materials market, steel prices overall cost support is still insufficient. Even a stage at the bottom of the ore price resistance, but also do not have enough power to rebound, is expected to be in the $90 / t ~ $100 / ton shakeouts running up and down. Based on this, stainless steel belt in micro stimulus driven or better, but still difficult to thoroughly get rid of the weak structure.
in the market of the thin plate resources increased, also the corresponding sales pressure increase, price competition is more intense than a previous between traders, lead to price swings down. July is expected to domestic steel market confidence is expected to gradually improve. However, given the fundamental pattern of sharp reversal hopeless, so hong kong-listed rebound height is limited. Off-season characteristics significantly, hong kong-listed for strong to the weak. In June, the domestic season characteristic of hong kong-listed began to emerge, the downstream steel demand weakens. Central China, south China and east China region successively because of rainy weather, terminal purchasing a significant reduction. Instead, enter the traditional off-season steel plant is in production, high steel production has become the norm. This makes 'for strong to the weak' pattern is very difficult to reverse. The cost of raw materials to support. After months of falling, stainless steel belt price has dropped to periodic lows. Iron ore giant price-cutting spiral, years prices have fallen by nearly a third. Australia's fortescue and Rio tinto group released the latest ore sales information at a discount, since July 1 will be effected according to the different varieties on the export of China's iron ore with 8% and 14% discount, but before the discounts of 6% and 12% respectively. Rio tinto will be on the same day to low quality iron ore discounts up to 13%. In the global iron ore market supply and demand imbalances, domestic port iron ore inventories 1. 13. 7 billion tons of high pressure under the influence of negative, such as ore prices to rebound very difficult. And steel mills will continue to face pressure to cash-strapped, most steel mills continue to choose to shorten the iron ore inventory cycle, plus the sea mine, discount sales model and the increasingly fierce competition of mining city, has dampened raw materials market, steel prices overall cost support is still insufficient. Even a stage at the bottom of the ore price resistance, but also do not have enough power to rebound, is expected to be in the $90 / t ~ $100 / ton shakeouts running up and down. Based on this, stainless steel belt in micro stimulus driven or better, but still difficult to thoroughly get rid of the weak structure.
