Latest products
Stainless steel belt pessimism again - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
From the point of the current situation, because the stainless steel belt demand less, lack of shipment, in addition to the part of the rigid demand, other requirements in the short term will remain in a small number of levels, the domestic steel prices will continue to lower.
If approved in steady growth, investment project start speed without speed, plant capacity utilization is in ascension, the hong kong-listed deterioration of supply and demand fundamentals are likely to appear in May, June, result in steel prices, the market price not rule out the possibility of breaking a low before and after the Spring Festival, but high steel production will support iron ore prices stay high, will lead to steel mills losses increase.
in the past two years, the domestic steel prices falling, the price advantage obviously, increase in the number from China's steel exports, accounting for foreign market share increase, will inevitably lead to foreign competitors to take measures to protect their own interests. And in the current domestic steel industry has a weak current, future steel export trade friction or as normal. Compared with direct export, with 'One Belt And One Road' through engineering project contracting, foreign investment and equipment export and other steel products will carry out this way of curve of 'going out' more promising. Taken together, last week's poor performance is difficult to effectively improve in the short term, the stainless steel surface with demand, billet fell today, some manufacturers cut again ex-factory price, business confidence in afternoon, think of the short term trend more pessimistic, also is expected to today's mainstream trend will continue down readjustment. Market, the domestic hot-rolled overall volatility over the weekend, the downstream demand is weak, and this kind of situation more obvious over the weekend, merchants are unstable mentality, but the market did not batch arrival, overall supply pressure is not big, combined with the flat steel policy, cost support remain, merchants accompanying shipment is given priority to, part of the given stress, the actual clinch a deal can be dark. Now, steel mills in new stock is concentrated in the northern market, supply will rise to suppress prices difficult to good, but the market is the arrival of the goods is limited, but demand, and a tighter financing area to inventory the receivable is still the mainstream market. In conclusion, expect the present hot rolls continue steady weakening trend. Weak demand, it is stainless steel with Achilles' heel. Under this background, the shipment is the first consideration. The global iron ore market rebounded slightly recently, but that's not change the mining city is weaker in the long term. 17%, decline in the increase. Said in the market, the central bank announced a cut in effect, the commodity futures markets rebounded, but can't drive spot hong kong-listed performance. After, steel futures forward market fall, spot steel prices drop on the horse began to increase, stainless steel belt pessimistic atmosphere again. At present is the key to the spot of hong kong-listed demand remains weak, merchant shipping is difficult. Only by constantly clinch a deal price cut force actuation, even so, the downstream end users or 'buy or not to buy up'.
in the past two years, the domestic steel prices falling, the price advantage obviously, increase in the number from China's steel exports, accounting for foreign market share increase, will inevitably lead to foreign competitors to take measures to protect their own interests. And in the current domestic steel industry has a weak current, future steel export trade friction or as normal. Compared with direct export, with 'One Belt And One Road' through engineering project contracting, foreign investment and equipment export and other steel products will carry out this way of curve of 'going out' more promising. Taken together, last week's poor performance is difficult to effectively improve in the short term, the stainless steel surface with demand, billet fell today, some manufacturers cut again ex-factory price, business confidence in afternoon, think of the short term trend more pessimistic, also is expected to today's mainstream trend will continue down readjustment. Market, the domestic hot-rolled overall volatility over the weekend, the downstream demand is weak, and this kind of situation more obvious over the weekend, merchants are unstable mentality, but the market did not batch arrival, overall supply pressure is not big, combined with the flat steel policy, cost support remain, merchants accompanying shipment is given priority to, part of the given stress, the actual clinch a deal can be dark. Now, steel mills in new stock is concentrated in the northern market, supply will rise to suppress prices difficult to good, but the market is the arrival of the goods is limited, but demand, and a tighter financing area to inventory the receivable is still the mainstream market. In conclusion, expect the present hot rolls continue steady weakening trend. Weak demand, it is stainless steel with Achilles' heel. Under this background, the shipment is the first consideration. The global iron ore market rebounded slightly recently, but that's not change the mining city is weaker in the long term. 17%, decline in the increase. Said in the market, the central bank announced a cut in effect, the commodity futures markets rebounded, but can't drive spot hong kong-listed performance. After, steel futures forward market fall, spot steel prices drop on the horse began to increase, stainless steel belt pessimistic atmosphere again. At present is the key to the spot of hong kong-listed demand remains weak, merchant shipping is difficult. Only by constantly clinch a deal price cut force actuation, even so, the downstream end users or 'buy or not to buy up'.
