Stainless steel belt price is still lower - next week Tianjin stainless steel co. , LTD

Recently entered into a comprehensive inventory of steel market in China, but, in contrast, the varieties of stainless steel belt speed down inventory is not large, although reaction end demand better; But in the process of steel prices continue to fall back, downstream procurement wait-and-see mood unabated, more is given priority to with on-demand procurement, some even more than a single batch splitting, affected by the 'buy or not to buy up' inertia is larger. Domestic steel market weak after a strong first, end demand and middlemen fill bottom library trading volumes slightly increased, but the two had just ended, although local faced demands of economic growth, but time is needed to start, so although steel demand in the release, but in the short term will remain relatively low. Futures diving, the cost of raw material, speed up down, steel prices down further, however, steel social inventory slow down somewhat faster. Unstable into this week, the cost of support, but steel prices fall or limited, partial businessman bottom willingness and demand release signs, speed up parts of rising steel prices, but weaker screw again, poor macroeconomic data, the overall inventory pressure is big, the strength weak demand, and has nearly late, and the end of the season in late pressure will increase again, business mentality is still weak as a whole. Expected steel prices will rebound this week, the whole stainless steel belt or will continue to weak consolidation. , because of the increase of the downstream demand better order steel for had winter reason and improve the purchasing quantity, market demand also showed a remarkable change subsequently, minority areas continued tight supply situation, coal mines have raised prices of coke prices also supporting, so around the coking enterprise for coke are prices to rise. But local area market clinch a deal to be weak, and the recent steel market fell slightly and is likely to continue, rebound late coke faced great pressure, leads to the focal companies fear rising, so the focal enterprise is given priority to with watching. Overall, the current steel coke inventories low still need replenishment, and had winter boot, coke demand expected positive, so expect stainless steel belt markets may still have edged up next week.
enter the off-season, clinch a deal this week around gradually atrophic, continuously deep down and phase of the screw and raw materials and market pessimism spread, such as Beijing and tianjin tang to places such as the recent transaction is fair, but they worry that inventory pressure, late more than shipment, an exodus of other districts oversupply situation gradually increased, the price is weakening. For next week, the northeast steel trade business has closed, the late steel mill the south as a key resource, but the north-south gap is small, steel is expected next week priced lower; East shagang in major steel mills produce is expected to cut 80 yuan/ton, and late, fund pressure, businesses will reduce the price, delivery River near settlement, merchants interacting, common delivery, if late steel mills do not publish price controls, the market will continue to decline; South China is impacted by the north of material, low price, but the local mainstream specification is still lack, the downside is limited; Southwest more steel mills and production plan, up now resources have not been, but outside the province resources increase, low-cost emerging, stainless steel belt next week to lower the price, northwest and central China weaker etc. To continue with the mainstream.