Stainless steel belt - no obvious change Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-13
Market confidence is insufficient, the end user for on-demand procurement, steel stainless steel with careful operation, hong kong-listed clinch a deal the weak as a whole.
Mainstream market overall shock downward, steel mills, as expected, the new policy although there are must be based on market price, clinch a deal but the off-season slump, and high temperature demand is suppressed, falling price shocks.
Current mainstream of north China continue to hasten is low, the recent increase resources the arrival of the goods, and the river steel settlement price, spot prices will continue to be weak;
The northeast this week change little, but unsustainable demand, have cut prices may stimulate the shipment;
Southwest widespread losses in steel mills, cut will is weak, however, clinch a deal is poor, businessman mentality unstable, the market price or will be forced to pressure downward;
Central China because of pressure of money, the businessman cash price cut a lot;
South China because of less wire inventory, and continues to control the steel mill delivery, market have a certain support,
East China steel mills ex-factory price this week, though a little change, the market price is a little support, but the demand is weak, and raw materials, to dark down on constantly, offer lower mainstream.
End of the month, the businessman is given priority to with shipment, however, to enter the traditional off-season, and the hot weather, needs to improve, and raw materials is still weak, no good macro, expected next week weak do not change, or at about 30.
A drop in 20 - probably
30 yuan/ton.
Dark down, parts are falling.
Still give priority to in order to cut the large pipe plant, small private factory slightly adjusted, dark down preferential.
Stainless steel belt has no obvious change, the inventory back to thumbnail has increased due to the low season demand, tube factory mentality irritable, anxious to release the spot, consciously reduce for production.
In addition to the end of the month, reimbursement pressure, plus the money collecting slowly, manufacturers purchase appear fault, difficult to continue;
Most cautious wait-and-see, temporarily not operation.
Next week will narrow down tube city, gains in life.
this week in the phase of the screw, the raw material down, and there are high temperature, terminal decline, purchase quantity to clinch a deal is very light, some large volume only hundreds of tons, cold heading wire prices continue to fall. Near the end of the month, some steel mills for collection in favourable situation ex-factory price, volume or further incentives, next week is expected to continue weak, or 30 - 50 yuan. Appeared in domestic material pull up last week after weakness, generally weaker domestic material market this week, tangshan, dominate the market fell more days, and years is brushed again low price, attract the periodic replenishment demand, low clinchs a deal on Wednesday is slightly better, further active trading on Thursday, intraday prices went up. But considering the price broken bits, the overall psychological price downward move, can accept the rise space is very limited, and payback period at the end of next week in the steel mill starts back to high level, the empty square crackdown on is still strong, given the steel mills profit space is limited, is expected to stainless steel belt slightly weak turbulence.
this week in the phase of the screw, the raw material down, and there are high temperature, terminal decline, purchase quantity to clinch a deal is very light, some large volume only hundreds of tons, cold heading wire prices continue to fall. Near the end of the month, some steel mills for collection in favourable situation ex-factory price, volume or further incentives, next week is expected to continue weak, or 30 - 50 yuan. Appeared in domestic material pull up last week after weakness, generally weaker domestic material market this week, tangshan, dominate the market fell more days, and years is brushed again low price, attract the periodic replenishment demand, low clinchs a deal on Wednesday is slightly better, further active trading on Thursday, intraday prices went up. But considering the price broken bits, the overall psychological price downward move, can accept the rise space is very limited, and payback period at the end of next week in the steel mill starts back to high level, the empty square crackdown on is still strong, given the steel mills profit space is limited, is expected to stainless steel belt slightly weak turbulence.