Stainless steel belt price seems to have become inevitable Tianjin stainless steel co. , LTD

Domestic stainless steel belt market continued weak trend this week, prices continue downward, individual large deposits of coal injection listing price adjustment, quantity and price still adopt preferential policies, basic price stability. This week, domestic steel and raw material market support strength weakening, the individual variety price check up back, but the capital market still weak, prices continue to decline. Steel procurement is still relatively general now, factory inventory to maintain low situation, wait-and-see atmosphere is still relatively strong, hardly good of injection coal market, the domestic injection coal market next week is expected to continue weak downward trend. Iron ore market is not out of the predicament, although now slight rebound, but rising foundation is still unstable. On the one hand, influenced by the surface of supply and demand, import ore port stocks dropped significantly in recent weeks, but the arrival of the goods, not too much it can reduce the cash resources supply is adequate, just because of supply and demand both sides price difference is big, clinch a deal makes a bit confusing. On the other hand iron ore spot market affected by the financial derivatives market is obvious. Especially dalian iron ore pricing index futures and the mainstream or 'mutual when fans rate is quite high, thus affect the forward and port spot iron ore prices, but relative to the futures, spot market reaction is a bit slow, even futures rose, but the spot market is conditioned by many factors, it is difficult to form with higher status. Thermal coal market is still in the Yin fell this week, as the end of daqin line maintenance, stainless steel belt main port stocks rebounded. In addition to the part of the power plant inventory needs, mainly for coal traders hoarding, rather than the downstream demand substantive improvement. This week, coal-fired power plant in east China, south China to begin a portion of the unit to stop before the summer 'the wind', the decline in coal consumption, roping motivation, arrived in the northern port of coal ship has decreased significantly, periodic roping library work came to an end. Current downstream demand situation is not optimistic, in the coal market crisis intensified and a large number of losses increase under the situation of coal enterprises, weak coal city has become the norm. Domestic steel billet market began to appear signs of loosening, manufacturers also began from before cautious wait-and-see turned down to follow the market, and in contrast to last week, the weakening of billet fell period steel also helped. But the real reason is because the message surface gradually calmed, hype after tide drops, of supply and demand contradiction. Because of shrinking demand stainless steel belt, low volume, downstream of the purchasing willingness of billet drops greatly, and because of the billet prices are still relatively high, poor PiCai upside down, and at the same compression the profits of export orders. Also consider ore began to fall, in the late of billet support waning gradually, and therefore is expected late short-term will remain concussion down billet. Early last week, billet mainstream offer agent rose slightly, according to the businessman that export orders due to previous steel mills have section, so the timber volume variation downstream did not affect the enthusiasm of the billet increases. However, as the timber volume continued to bad, purchases a cliff, billet was forced to start cut, also from this kick billet downward shift. From the current situation, the recent cannot alter the trend of low price. First of all, the price of raw materials has already begun to render the weaker trend. Nearly period of time, as the early stage of the large quantities of inventory demand be satisfied after mining platform outside the transaction also began to appear obvious reduction of and clinch a deal the price also obvious jump down, it will affect the shape of the billet in the late. Second, high utilization of blast furnace and the shrinking demand increase billet, the contradiction of the supply current downstream clinch a deal the extremely difficult, and because of artificial reason, billet factory can only at a high price from market to buy steel billets, which makes this has been especially painful losses in rolling mills, so a large number of rolling mill production production, shipment, in turn, the more heavy billet difficulty, stainless steel belt price seems to have become inevitable.