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Stainless steel belt is also cautious shipment, wait-and-see mainly - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-13
Domestic stainless steel belt has been at the market 'cold winter' of serious overcapacity, at present and in seasonal demand of season in winter at the same time, concrete is a typical 'winter light'.
Global iron ore prices continued to fall, with overseas financial institutions and even predict ore prices will fall below $60 a tonne, 'ultra low-cost'.
Overall eke out weak equilibrium, construction steel prices by up to down, hot rolling, medium thickness plate price is disadvantaged consolidation, clinch a deal market downturn.
As the next section steel production, resources will be released, and will give hong kong-listed formed new pressure of supply and demand.
Combined with the current in the traditional seasonal off-season, end demand is shrinking, steel prices will only continue to disadvantaged consolidation.
according to the analysis, the hong kong-listed field in the building, prices fell slightly as a whole. Shanghai, hangzhou and other places tons price fell 10 yuan to 100 yuan a week, only places such as guangzhou, chongqing prices rose slightly. Can see from the Shanghai market, the price fell, and clinch a deal the overall is still light stainless steel belt, the merchant's lack of confidence. Even if some varieties of market resources are tight, but business is mostly about shipment. In domestic overcapacity problem hasn't solved cases, seems to be the domestic steel mills in resolving capacity of a panacea, but now, the so-called panacea also ineffective, China's steel exports soared this year, attracted a lot of opposition in the international market. Just last week, India has also come out against a Chinese steel imports, the reason is that India's imports from China by rose, thinking about raising India steel import duties, the results will make a decision in the near future. In the plate market, overall prices are disadvantaged consolidation. The market prices of hot-rolled plates volume overall edged up slightly, but the guangzhou, shenyang and other places a week still have tons of price falling $10 to $40. Once a lot of fear in the market, the production in succession, the market supply pressure will increase again, it will only make the steel price at the low end. Even if steel prices in some regions in a small, but the demand is weak, clinch a deal the weak market pattern is still deep traces. Overall weak market test, the businessman's attitude is very cautious.
for the global iron ore market downturn, more and more pessimistic judgment. According to a report by the relevant institutions, in the domestic ore market, the price of iron essence pink hebei region fell, tons of price decline in 10 yuan a week. As part of the steel blast furnace production in succession, the steel procurement slightly turned positive, but the price is relatively low, stainless steel belt is also cautious shipment, waiting to see.
according to the analysis, the hong kong-listed field in the building, prices fell slightly as a whole. Shanghai, hangzhou and other places tons price fell 10 yuan to 100 yuan a week, only places such as guangzhou, chongqing prices rose slightly. Can see from the Shanghai market, the price fell, and clinch a deal the overall is still light stainless steel belt, the merchant's lack of confidence. Even if some varieties of market resources are tight, but business is mostly about shipment. In domestic overcapacity problem hasn't solved cases, seems to be the domestic steel mills in resolving capacity of a panacea, but now, the so-called panacea also ineffective, China's steel exports soared this year, attracted a lot of opposition in the international market. Just last week, India has also come out against a Chinese steel imports, the reason is that India's imports from China by rose, thinking about raising India steel import duties, the results will make a decision in the near future. In the plate market, overall prices are disadvantaged consolidation. The market prices of hot-rolled plates volume overall edged up slightly, but the guangzhou, shenyang and other places a week still have tons of price falling $10 to $40. Once a lot of fear in the market, the production in succession, the market supply pressure will increase again, it will only make the steel price at the low end. Even if steel prices in some regions in a small, but the demand is weak, clinch a deal the weak market pattern is still deep traces. Overall weak market test, the businessman's attitude is very cautious.
for the global iron ore market downturn, more and more pessimistic judgment. According to a report by the relevant institutions, in the domestic ore market, the price of iron essence pink hebei region fell, tons of price decline in 10 yuan a week. As part of the steel blast furnace production in succession, the steel procurement slightly turned positive, but the price is relatively low, stainless steel belt is also cautious shipment, waiting to see.
