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Stainless steel belt market prices will also give priority to with stable - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-12
Mainstream domestic ore market stabilized.
Stainless steel belt, steel mill maintenance message is also released in succession, the domestic ore market expectations significantly lower.
Steel plant maintenance more focused on the end of June early July, the market supply and demand relations seem to a buyer's market, but currently the vast majority of mine production has been halted, tight market resources, mill plant offer more strong, and steel mills to low price, supply and demand temporarily difficult to ease for a while.
Demand due to the low season, at the same time in the short term is difficult to have a significant positive macroscopic level, combined with the money at the end of pressure is bigger, the imported ore is short-term strong, but still don't believe in long-term, good for domestic coal mine, a good boost short-term is expected to give priority to with stability.
In mine side, domestic ore weak, recently imported ore market and the downstream products materials are vulnerable to fall, the domestic steel mills profit limited, interacting, procurement and market transaction price also fell back.
As demand is currently in the traditional off-season, coupled with the southern plum rains season, weak demand, short-term domestic ore market is expected to continue weak.
dragon boat holidays before tangshan hong kong-listed get better, present the downturn, stainless steel belt price decline, also including billet prices fell to record lows again, the market pessimism. Yesterday morning after opening, the downstream rolling with drop in market price stability, although some cheap resources can be slightly, but overall performance is still weak, it is difficult to form good support to steel billet market. But affected by the downturn rolling billet market, shipment, but because of the price in low, combined with the steel mills loss is serious, the overall strength is still dependent, so the afternoon leading billet factory careful stabilisation. Domestic coke spot market consolidation, the main production areas, coke prices no adjustment market clinch a deal the better; Influenced by weak demand, steel prices downward pressure is still on, and the steel capital is still rather nervous, the arrears of raw material, the receivable payment days extension phenomenon is widespread, stainless steel belt enterprise focus price adjustment to be cautious; After macro news stainless steel belt to continue, pay close attention to the actual progress; Futures today disadvantaged consolidation, steel mills deepening losses now, recent attention to steel blast furnace construction limit production situation, operation still needs to be given priority to with many varieties or inter-temporal arbitrage. Drop in steelmaking pig iron price stability. Currently raw material iron ore market consolidation trend, while steel, steel billet market continues to weaken, the steelmaking pig iron market cannot have good support, is the key to the market demand is still no improvement, steel procurement basically at a standstill, production of pig iron for steel making enterprise inventory is still high, steelmaking pig iron market is expected to short-term there is no better. Weak, recently imported ore market and the downstream products materials are vulnerable to fall, the domestic steel mills profit limited, interacting, procurement and market transaction price also fell back. Parts of north China area to fall. The early stage of the shandong region of domestic ore prices rose slightly, import ore prices firm, although have retreated last week but is limited, so mine requires a strong rise in price. Recent poor downstream timber market demand, the price is all the way down, and steel mills generally said the sales inventory pressure is bigger, so the mine for steel mills in the late production status is more concern, although the market clinch a deal the positive, but the production of the mine temporarily still maintain a wait-and-see state, start in the short term is difficult to have a big change, stainless steel market prices will also give priority to with stability.
dragon boat holidays before tangshan hong kong-listed get better, present the downturn, stainless steel belt price decline, also including billet prices fell to record lows again, the market pessimism. Yesterday morning after opening, the downstream rolling with drop in market price stability, although some cheap resources can be slightly, but overall performance is still weak, it is difficult to form good support to steel billet market. But affected by the downturn rolling billet market, shipment, but because of the price in low, combined with the steel mills loss is serious, the overall strength is still dependent, so the afternoon leading billet factory careful stabilisation. Domestic coke spot market consolidation, the main production areas, coke prices no adjustment market clinch a deal the better; Influenced by weak demand, steel prices downward pressure is still on, and the steel capital is still rather nervous, the arrears of raw material, the receivable payment days extension phenomenon is widespread, stainless steel belt enterprise focus price adjustment to be cautious; After macro news stainless steel belt to continue, pay close attention to the actual progress; Futures today disadvantaged consolidation, steel mills deepening losses now, recent attention to steel blast furnace construction limit production situation, operation still needs to be given priority to with many varieties or inter-temporal arbitrage. Drop in steelmaking pig iron price stability. Currently raw material iron ore market consolidation trend, while steel, steel billet market continues to weaken, the steelmaking pig iron market cannot have good support, is the key to the market demand is still no improvement, steel procurement basically at a standstill, production of pig iron for steel making enterprise inventory is still high, steelmaking pig iron market is expected to short-term there is no better. Weak, recently imported ore market and the downstream products materials are vulnerable to fall, the domestic steel mills profit limited, interacting, procurement and market transaction price also fell back. Parts of north China area to fall. The early stage of the shandong region of domestic ore prices rose slightly, import ore prices firm, although have retreated last week but is limited, so mine requires a strong rise in price. Recent poor downstream timber market demand, the price is all the way down, and steel mills generally said the sales inventory pressure is bigger, so the mine for steel mills in the late production status is more concern, although the market clinch a deal the positive, but the production of the mine temporarily still maintain a wait-and-see state, start in the short term is difficult to have a big change, stainless steel market prices will also give priority to with stability.
