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Stainless steel belt market main body running smoothly - this week Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-08
Stainless steel belt this week market main body running smoothly, the minority areas are changed were mixed.
Binzhou casting iron, yicheng steel due to clinch a deal is good, inventory, low price hike 20 yuan.
Shanxi jiaokou cast iron not free delivery, inventory pressure is bigger, price cut 50 yuan.
Poor pig iron to clinch a deal in liaoning province, combined with some iron works recently reopened, resource supply increases, the market price cut 40 -
50 yuan.
Tepid performance in other areas as well inventory pressure, combined with the cost of support stability and dimensional stability.
At present no significant improvement in most of the demand, cost and demand under the game, the iron price fluctuations dilemma, expected short-term pig iron mainly wait-and-see market or flat.
In the second half of China's economic situation is still complicated, both picks up momentum, also has restricted the pressure of the rapid economic development.
China's policies and measures to further show effect, will continue to stimulate economic growth, steel demand will continue to increase.
Steel mills delivery speed slow, partial businessman listing price is higher;
Cautious hold at north China market, is difficult to improve, in anticipation of market merchants stock up strength is not strong, the operation is given priority to with shipment, the arrival of the goods at the same time the recent market situation is bad, especially in tanggang resources almost without the arrival of the goods, so the stock market continued to maintain a low level;
And south China market is mixed, liuzhou iron &steel group co. are presented. the resources in macro, screw under the stronger pull up in a row, but stainless steel belt merchants caution, amplitude is only 20 yuan, other resources are increased after the arrival of the goods under the weaker one after another.
Baosteel, wisco, angang ex-works flat next month, but the leading steel mills ex-factory price in off-season flat price expectations for the future stability effect, at the same time into the super market expectations and domestic economy stabilises rebounded in June, the social power consumption growth under the guidance of the good news, such as cold rolled down space is very limited, but there is no improvement, clinch a deal for the price rebound also show weakness, so rich treasure cold-rolled team thinks the national cold-rolled continuation of the steady state next week.
good weather downstream procurement picked up a little bit, plus some shortage of mainstream specifications, steel mill maintenance plans to increase, low resource is now on the momentum, but considering the terminal's capacity is limited, the later is difficult to continue upward; Central and southern China generally wait-and-see mood, the businessman mentality and smooth operation on shipment. Off-season market will continue, traders cautious purchasing, shipment actively, is expected next week to stability in the medium plate consolidation, strong prices of north China, east China region, south region or to continue weakening, the range between 10 - stainless steel belt 30 yuan/ton. Although steel mills cut, direct costs have fallen, but the south generally low inventory, offers of intention is limited, relatively modest decline. Coincided with the strip steel meeting next week is expected to manufacturers have certain psychological price, price or will run smoothly. Is at a high temperature weather, outdoor infrastructure construction has slowed, strip steel consumption is slow, the market outlook bearish merchants increased, so expect the next week will remain weak. According to statistics, China's crude steel output in June 230. 970000 tons of record, on the other hand, even has been with the bureau of statistics data has obvious difference of cisa data, early July crude steel production is rising again, as if in late June, brief fall is just a flash in the pan. And from the point of maintenance situation of the current domestic steel mills, compared with June when almost all domestic steel mills are full production, stainless steel belt or production line maintenance shutdown, but this is not common, as can be seen from the history, the majority of steel mills will arrange in August after the mid to late summer overhaul, so short-term domestic steel supply or declined slightly, but smaller.
good weather downstream procurement picked up a little bit, plus some shortage of mainstream specifications, steel mill maintenance plans to increase, low resource is now on the momentum, but considering the terminal's capacity is limited, the later is difficult to continue upward; Central and southern China generally wait-and-see mood, the businessman mentality and smooth operation on shipment. Off-season market will continue, traders cautious purchasing, shipment actively, is expected next week to stability in the medium plate consolidation, strong prices of north China, east China region, south region or to continue weakening, the range between 10 - stainless steel belt 30 yuan/ton. Although steel mills cut, direct costs have fallen, but the south generally low inventory, offers of intention is limited, relatively modest decline. Coincided with the strip steel meeting next week is expected to manufacturers have certain psychological price, price or will run smoothly. Is at a high temperature weather, outdoor infrastructure construction has slowed, strip steel consumption is slow, the market outlook bearish merchants increased, so expect the next week will remain weak. According to statistics, China's crude steel output in June 230. 970000 tons of record, on the other hand, even has been with the bureau of statistics data has obvious difference of cisa data, early July crude steel production is rising again, as if in late June, brief fall is just a flash in the pan. And from the point of maintenance situation of the current domestic steel mills, compared with June when almost all domestic steel mills are full production, stainless steel belt or production line maintenance shutdown, but this is not common, as can be seen from the history, the majority of steel mills will arrange in August after the mid to late summer overhaul, so short-term domestic steel supply or declined slightly, but smaller.
