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Stainless steel belt mainly positive shipment - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-07
Steel prices after the first strong weak last week, the overall follow steel forward;
Pull up after clinch a deal because the terminal is not ideal, the second half of the week merchants to adjust operation increased significantly, the arrival of the parts of steel plant resources are affecting the local market, enhance the stainless steel market is still a lack of clear direction.
Hong kong-listed again will enter at the end of this week, the price will be how to walk, can demand fundamentals have improved?
macro economy improves, policy expectations have increased. Second quarter economic data have been published, overall slightly stronger than in the first quarter, reaction micro incentives continue to power. In order to complete the annual target, recently the central and local governments are still in the second half of intensive stresses and layout, economic development is expected late will also have more stimulus measures, the hong kong-listed continue to form expectations of good. Market supply and demand contradiction is low, inventory merchants to price. Although crude steel production innovation is high, but because of various factors lead to the current social inventory is still far lower than the same period last year, the spot market pressure is low, the majority of merchants in hand without the goods don't care much about steel prices rise and fall; Hands inventory more large, however, have to actively pretty price, plus some middlemen at the beginning of the price of library operation will also be conducive to steel prices upward. Indication of lack of confidence, while profit positive cash out. Season approaching, stainless steel belt terminal structural steel demand weakened, although have steady growth stimulation, but still need time to confirm, such as weak short-term business confidence in afternoon, reluctant to bet on the long-term market, while profits, majority holding cash delivery idea as soon as possible, thus affect the steel prices upward steps. Imported ore at high fall, cost support weak. Imported ore rebound after a period of time before, now weakness, steel procurement is not positive, port inventory pressure high, clinch a deal under the insufficient callback again, and coking coal to weakness, weakened support on spot steel prices, also release a bearish signal.
mills delivery channel diversification, market 'monk much less meat' to steel prices down is up. Under the pressure of competition, the stainless steel to inventory channel structure has the very big change; Straight for the, steel is increased by electric business platform distribution among lower costs, such as ways to attract terminal purchasing, throttling the end of the steel trade market demand; Reduce the pressure in the face of the buyer's market, price competition between stores, so even if the current spot hong kong-listed stock is low, the steel price is down to up. Capital pressure is difficult to improve, steel prices rebound. Inside and outside the industry relatively tight cash situation has become the norm; Whether terminal, or steel trading business, for very wary of purchasing; So restricted the spot trading of hong kong-listed funding tensions and thus can affect the steel price on impulse, but clearly the situation short term is difficult to improve. In short, the current steel market inventory pressure is low, inventory merchants have positive will rise, but the terminal purchase demand does not match, high temperature and rainy weather will continue to affect the steel to be released, with money tight pressure, high iron ore Shi Chong retreat, phase steel black Friday to sweeten consolidation, we believe that the domestic steel prices this week narrow stainless steel belt positive shipment to give priority to.
macro economy improves, policy expectations have increased. Second quarter economic data have been published, overall slightly stronger than in the first quarter, reaction micro incentives continue to power. In order to complete the annual target, recently the central and local governments are still in the second half of intensive stresses and layout, economic development is expected late will also have more stimulus measures, the hong kong-listed continue to form expectations of good. Market supply and demand contradiction is low, inventory merchants to price. Although crude steel production innovation is high, but because of various factors lead to the current social inventory is still far lower than the same period last year, the spot market pressure is low, the majority of merchants in hand without the goods don't care much about steel prices rise and fall; Hands inventory more large, however, have to actively pretty price, plus some middlemen at the beginning of the price of library operation will also be conducive to steel prices upward. Indication of lack of confidence, while profit positive cash out. Season approaching, stainless steel belt terminal structural steel demand weakened, although have steady growth stimulation, but still need time to confirm, such as weak short-term business confidence in afternoon, reluctant to bet on the long-term market, while profits, majority holding cash delivery idea as soon as possible, thus affect the steel prices upward steps. Imported ore at high fall, cost support weak. Imported ore rebound after a period of time before, now weakness, steel procurement is not positive, port inventory pressure high, clinch a deal under the insufficient callback again, and coking coal to weakness, weakened support on spot steel prices, also release a bearish signal.
mills delivery channel diversification, market 'monk much less meat' to steel prices down is up. Under the pressure of competition, the stainless steel to inventory channel structure has the very big change; Straight for the, steel is increased by electric business platform distribution among lower costs, such as ways to attract terminal purchasing, throttling the end of the steel trade market demand; Reduce the pressure in the face of the buyer's market, price competition between stores, so even if the current spot hong kong-listed stock is low, the steel price is down to up. Capital pressure is difficult to improve, steel prices rebound. Inside and outside the industry relatively tight cash situation has become the norm; Whether terminal, or steel trading business, for very wary of purchasing; So restricted the spot trading of hong kong-listed funding tensions and thus can affect the steel price on impulse, but clearly the situation short term is difficult to improve. In short, the current steel market inventory pressure is low, inventory merchants have positive will rise, but the terminal purchase demand does not match, high temperature and rainy weather will continue to affect the steel to be released, with money tight pressure, high iron ore Shi Chong retreat, phase steel black Friday to sweeten consolidation, we believe that the domestic steel prices this week narrow stainless steel belt positive shipment to give priority to.
