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Stainless steel belt inventory increased - this week Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-10
Early last week, the stainless steel belt in north China prices and iron ore prices rose slightly, liaodong region individual large-scale mining enterprises an increase in the price of iron ore producer, amplitude modulation in 10 yuan or so, but still difficult to significantly improve the actual transaction price, clinch a deal the general condition. Expected iron ore market in northeast China in the short term wait-and-see atmosphere thick. The steady rise in north China market. Last week, the market showed signs of hasten up the tangshan area, and the actual transaction price basic stable. Han xing regional market by local large ore selected an increase in the price of iron ore producer, atmosphere significantly strengthen the rising market, but because of the influence of local iron and steel enterprises no purchasing volumes, market price trend is not obvious. Shanxi region ore selected manufacturers appear to rise, but also subject to steel mills purchase quantity is limited, the overall deal remained low, difficult to market prices.
add various data released yesterday, you won't take strong recent government stimulus, and the present mainstream steel plant coke inventory is higher, and suppress coke were, of coke prices can't support power. Above all, expected late domestic steel mills are still is given priority to with consumption of stainless steel with inventory, domestic coke market next week is given priority to with stable operation. This week the coke market as a whole stable, individual regions prices continue to decline last week. Northern China this week, the overall smooth operation, capacity utilization, slightly better than the previous shipments. East China area affected by the recent pricing downstream steel mills continued decline last week this week, weak market clinch a deal.
are influenced by the downstream procurement weaker, stainless steel belt this week inventory increased, while the lower steel prices rebounded this week, but the market prices remained under pressure, and most of the coal price also showed signs of loosening, late for coke price the cost of support or weakened further. Comprehensive consideration, inventory is still high, the market at present weak downstream demand, is expected next week coke market will remain weak. Coking coal inventories low JiaoGang downstream enterprises, coal prices steady, coal companies to consume more inventories in factory. Section steel mill of coking coal to receive a small price cut, cut phenomenon is not obvious, not a larger impact on the overall market tone. First large mines is given priority to with excess inventory, production fell sharply and the train shipment, downstream JiaoGang enterprise strictly implement low inventory strategy. Affected by the steel market inventory demand higher long-term downturn, the market mentality is pessimistic, steel mills and coking coal procurement price crackdown on coke is still unabated. Macro aspect, the state will also stage stimulus policies to alleviate the economic situation, but substantial improvement effect on the market also need a certain amount of time and process, the late steel market can stabilize the market play a key role of 1 cr25ni20si2 stainless steel plate. Stainless steel belt
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