Stainless steel belt is expected to appear periodic rebound - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-11
The author thinks that the short-term price of stainless steel belt or will give priority to with weak steady running.
Recently several big steel mills in Qingdao the stair, the main purpose is the recent market prices fell rapidly, need to have support strength.
In addition, it is understood that shen partial businessman masteel for April delivery quantity may only 4 into left and right sides, the market late or short goods phenomenon, when the market price or can strong, short-term still weak state, clinch a deal is still the most value of the business.
the recent local cold plate market supply and demand is relatively stable, businessman is balanced. But influenced by clinch a deal the last light, part of the money is tight and inventory of large volume increased discount stores. Affected by the tianjin market down the price of shougang, shougang local resources back slightly. Disadvantaged consolidation in the context of the current market, forward market, spot demand weakness, the local market in the short term is expected to continue trading Yin adjustment. London (marketwatch) - strong, market mentality is still today can maintain stable. Clinch a deal large yesterday feedback is good, still can maintain normal levels of shipment, and with good weather help site to purchase, clinch a deal the small volume. Resources, a local line steel plate screw tight, only a small amount of single specification daily shipment, two types of brand is relatively normal, but the city's recent low amount of the arrival of the goods is a relatively tight market resources, help to local stock smoothly. Dealers said the recent sales pressure decrease relatively, but due to insufficient afternoon continue rising power, to prevent the callback still keep the shipment. At present although the steel industry 'high yield high inventory, low profits, low demand situation does not appear the same, but the downstream stainless steel belt has been improved. Demand better will help Shanghai steel from Xiong Ying, is expected to be out of a wave of apparent rebound. Steel steel-making profits is relatively early better, but is not out of red. In general iron and steel industry 'high yield high inventory, low demand of profit' there was no comprehensive improvement situation.
together with the gradually start of downstream demand, the hong kong-listed continue downward space is limited; But later the market is still faced with high yield and high inventory pressure, raw material prices to fall, cost down, step by step leading steel prices 'MingPing dark down,' market pull up lack of confidence. Expect domestic hong kong-listed short-term is still in shock bottoming phase, in late April as to inventory faster, stainless steel belt rebound is expected to appear periodically.
the recent local cold plate market supply and demand is relatively stable, businessman is balanced. But influenced by clinch a deal the last light, part of the money is tight and inventory of large volume increased discount stores. Affected by the tianjin market down the price of shougang, shougang local resources back slightly. Disadvantaged consolidation in the context of the current market, forward market, spot demand weakness, the local market in the short term is expected to continue trading Yin adjustment. London (marketwatch) - strong, market mentality is still today can maintain stable. Clinch a deal large yesterday feedback is good, still can maintain normal levels of shipment, and with good weather help site to purchase, clinch a deal the small volume. Resources, a local line steel plate screw tight, only a small amount of single specification daily shipment, two types of brand is relatively normal, but the city's recent low amount of the arrival of the goods is a relatively tight market resources, help to local stock smoothly. Dealers said the recent sales pressure decrease relatively, but due to insufficient afternoon continue rising power, to prevent the callback still keep the shipment. At present although the steel industry 'high yield high inventory, low profits, low demand situation does not appear the same, but the downstream stainless steel belt has been improved. Demand better will help Shanghai steel from Xiong Ying, is expected to be out of a wave of apparent rebound. Steel steel-making profits is relatively early better, but is not out of red. In general iron and steel industry 'high yield high inventory, low demand of profit' there was no comprehensive improvement situation.
together with the gradually start of downstream demand, the hong kong-listed continue downward space is limited; But later the market is still faced with high yield and high inventory pressure, raw material prices to fall, cost down, step by step leading steel prices 'MingPing dark down,' market pull up lack of confidence. Expect domestic hong kong-listed short-term is still in shock bottoming phase, in late April as to inventory faster, stainless steel belt rebound is expected to appear periodically.
