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Stainless steel belt is the main reason of the rising market funds pressure relief - in early Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-07
As futures varieties of harden, stainless steel belt also with a strong rebound, with the weather warming demand the release of the spot market merchants from lack gradually into a relatively stable state of mind, though eager to pull up, but also did not act too hastily, construction steel prices also rise in slow and orderly, of course, is due to demand did not achieve blowout release.
Although demand season has come, but unfavorable advise businesses expectations too high, according to statistics, excess capacity contradictions are still outstanding, steel prices down will be the long-term dangers of afternoon.
late as the weather gets warmer, and the domestic market into the steel demand season, in the second quarter steel production will continue to maintain a higher level, but market analysts believe that its output growth has obvious drop, combined with the previous negative has been released, a large part of the degree in the future by the import iron ore port stocks remains high, financing risk, round steel low iron ore and steel main business losses factors, such as iron ore prices rebound space is limited. A hong kong-listed vane improve billet prices did well in the first week of April, prices continued to rebound slightly, as of the end of this week was prices over the same period last week 50 yuan, but is expected to rise further this week power co. , LTD. Stainless steel belt is the main reason of the rising capital pressure relief in early market, demand side also improved, with steel quantity was not much of the market. Ore and coke prices are basically weak steady running. It is steel prices rose for the second consecutive weeks. Rebar futures forward price is relatively strong, round steel supply and demand situation has improved, the spot steel prices rising. At present, the major steel mills are still YaChan, steel social in the apparent decline in stocks. According to the analysis, on the building hong kong-listed field, prices continue to rise, Shanghai, hangzhou and other places tons price higher 10 to 90 yuan a week. At present, the market as a whole performance of supply and demand, the low level traders inventory.
hong kong-listed traditional peak season will come, the market demand for the late, bullish sentiment in heating up. Overall in the plate market, prices. Hot-rolled coil plate shock upside, guangzhou, hangzhou and other places tons price weekly gain in 10 to 90 yuan. But the court in Shanghai, although inventory pressure is not big, but the downstream demand, steel prices is limited to volume, slightly lower. Clinch a deal in the Beijing area, by contrast, are active. Stainless steel with a shock, though prices are still falling in local area, but there is less momentum behind the overall prices, the key to continue to rebound, round steel still depends on the situation of supply and demand.
late as the weather gets warmer, and the domestic market into the steel demand season, in the second quarter steel production will continue to maintain a higher level, but market analysts believe that its output growth has obvious drop, combined with the previous negative has been released, a large part of the degree in the future by the import iron ore port stocks remains high, financing risk, round steel low iron ore and steel main business losses factors, such as iron ore prices rebound space is limited. A hong kong-listed vane improve billet prices did well in the first week of April, prices continued to rebound slightly, as of the end of this week was prices over the same period last week 50 yuan, but is expected to rise further this week power co. , LTD. Stainless steel belt is the main reason of the rising capital pressure relief in early market, demand side also improved, with steel quantity was not much of the market. Ore and coke prices are basically weak steady running. It is steel prices rose for the second consecutive weeks. Rebar futures forward price is relatively strong, round steel supply and demand situation has improved, the spot steel prices rising. At present, the major steel mills are still YaChan, steel social in the apparent decline in stocks. According to the analysis, on the building hong kong-listed field, prices continue to rise, Shanghai, hangzhou and other places tons price higher 10 to 90 yuan a week. At present, the market as a whole performance of supply and demand, the low level traders inventory.
hong kong-listed traditional peak season will come, the market demand for the late, bullish sentiment in heating up. Overall in the plate market, prices. Hot-rolled coil plate shock upside, guangzhou, hangzhou and other places tons price weekly gain in 10 to 90 yuan. But the court in Shanghai, although inventory pressure is not big, but the downstream demand, steel prices is limited to volume, slightly lower. Clinch a deal in the Beijing area, by contrast, are active. Stainless steel with a shock, though prices are still falling in local area, but there is less momentum behind the overall prices, the key to continue to rebound, round steel still depends on the situation of supply and demand.
