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Stainless steel belt price possible - there is no deep down Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
Since the weekend, stainless steel belt because of poor clinch a deal, began to appear for a small decline in performance.
Until Wednesday, YanGang bid to boost the market price of steel, and through the 'five losses' billet prices have hit a year low, this makes the manufacturer to continue to cut the price has certain resistance of steel, so steel billet prices have stopped falling of stabilization.
The next day, the little narrow strip tentative pull up, at the same time screw small rebound, the billet manufacturer rise will increase, so the dominant manufacturers began to an increase in the price of steel billet.
Billet prices rebound does not drive the downstream demand, the continuing weakness of the terminal market makes the lack of upward momentum of steel, so steel billet prices fell again on Friday.
Iron and steel enterprises into the traditional overhaul period, and is near the end of the market, the demand side purchase enthusiasm is not high, the whole stainless steel belt, and the market form obvious inhibitory effect.
Domestic ore market can run quite smoothly, only individual regions to adjust the market price, clinch a deal to supply more ore mainly steel agreement.
Cut, imported ore market platform and clinch a deal are delicate, tender resources weeks shift positions of main iron ore futures contracts, made the financial derivatives market is difficult to have a positive trend, imported ore spot market under the condition of the lack of upward momentum, the market price is 15
After 20 yuan, lower prices are at an acceptable price range between the seller and the buyer, thus slightly active and clinch a deal the price is difficult to lift.
from the current situation, the terminal demand is one of the important resistance inhibit billet prices upward; And although ex-factory price fall to year lows, but more expensive, makes the metal rolling mill into losses, so the metal rolling enterprise purchase billet cautious; Combined with the overall environment is bad, macroscopic difficult out of positive stimulus. Comprehensive consideration, is expected next week tangshan billet market will continue to carry a small shock slump. East China steel billet market fell this week, light volume. Influenced by tangshan billet prices down continuously, coupled with the downstream procurement enthusiasm is not high, therefore, after entering this week, places such as shandong, xuzhou, lianyungang billet prices began to fall. But prices fell back on the market clinch a deal the stimulus is not big, most of delivery is still weak. We have learned, at present most mills is given priority to with positive shipment, so although some manufacturers has been high on the quotation, but actual transaction exist on space. Late for the market, most companies do not look good, so although the current price of steel billet has been low in years, but the downstream user operations still very cautious, more is given priority to with on-demand procurement. This week the northeast billet market shows back slightly. Clinch a deal it was reported that the recent steel billet in northeast China, most of the steel mill order is enough, but as a result of billet market dominance of tangshan billet prices fell, plus imports ore price rise down, lead to local vendors about future lack of confidence, so the price is a correction. Parts manufacturer said: the recent steel billet order quantity is normal, in the short term sales pressure is not big, so price of stainless steel belt does not exist the possibility of deep down.
from the current situation, the terminal demand is one of the important resistance inhibit billet prices upward; And although ex-factory price fall to year lows, but more expensive, makes the metal rolling mill into losses, so the metal rolling enterprise purchase billet cautious; Combined with the overall environment is bad, macroscopic difficult out of positive stimulus. Comprehensive consideration, is expected next week tangshan billet market will continue to carry a small shock slump. East China steel billet market fell this week, light volume. Influenced by tangshan billet prices down continuously, coupled with the downstream procurement enthusiasm is not high, therefore, after entering this week, places such as shandong, xuzhou, lianyungang billet prices began to fall. But prices fell back on the market clinch a deal the stimulus is not big, most of delivery is still weak. We have learned, at present most mills is given priority to with positive shipment, so although some manufacturers has been high on the quotation, but actual transaction exist on space. Late for the market, most companies do not look good, so although the current price of steel billet has been low in years, but the downstream user operations still very cautious, more is given priority to with on-demand procurement. This week the northeast billet market shows back slightly. Clinch a deal it was reported that the recent steel billet in northeast China, most of the steel mill order is enough, but as a result of billet market dominance of tangshan billet prices fell, plus imports ore price rise down, lead to local vendors about future lack of confidence, so the price is a correction. Parts manufacturer said: the recent steel billet order quantity is normal, in the short term sales pressure is not big, so price of stainless steel belt does not exist the possibility of deep down.
