Latest products
Stainless steel belt price support will remain within the space of a relatively stable - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
Domestic stainless steel belt is given priority to with stability.
Today tangshan finished materials mainstream steady, light volume, downstream for billet procurement cautious, merchants low inventory, slightly better stock clinch a deal over the weekend, cause prices rose slightly, but the market demand is still weak, expected short-term returns to the weak.
South China line screw slightly lower, clinch a deal, the downstream for billet inventory phenomenon is not obvious, merchant shipping will is strong, short-term weak stability.
The billet market still depressed, and more and more closer to the Spring Festival, the downstream enterprises overhaul production close to half, billet shipment is blocked, more heavy manufacturers pessimistic attitude.
In the case of finished product material weakening, expected short-term is still weak.
overall smooth operation of domestic ore market, price fluctuation space is limited. As weak ore futures market does not change, the spot with a slight downgrade, Domestic ore prices on the one hand, by the outside impact has downward pressure, on the other hand mining cost price to ore price cuts to have certain resistance. Inside and outside the recent steel ore procurement ratio remain relatively stable, on the whole maintained inside than outside. With falling steel prices, steel mills profit space is compressed further, from the consideration on the financing side, have certain rising demand for futures. Weekend since domestic ore price around the whole stabilization, steel inventories have no obvious fluctuations, maintain on-demand procurement strategy, and still no signs had winter. Stainless steel disadvantaged consolidation, with the national steel billet market in tianjin fell 10 yuan/ton, henan region fell 20 yuan/ton. Recently finished product material stability and fall, light volume, the downstream steel mills for billet on-demand procurement; Billet price is low, but traders generally to billet market outlook bearish sentiment, are wary of stock, temporarily still wait-and-see, merchants high to low the phenomenon is more, the short-term steel billet market is expected to continue weak situation. Steel output picks up, soon get corresponding in the upstream stainless steel belt market 'echo', ore price rise, port iron ore inventories continued to decline. In the domestic ore market, hebei region tiejingfen prices continue to rise, tons of price rise is 40 yuan. Some miners, many steel mills ore inventory is low, need appropriate inventory, there is the need of stock, before New Year so market price stabilizes. Agencies analysts believe that steel prices higher blocked after adjustment, the release of hong kong-listed demand will show fluctuations. Clinch a deal with the contradiction between the low cost high, will be decided in the late the main factors of hong kong-listed movements. In addition, near the end of late, will be renewed pressure on the financing side, stainless steel belt market callback short-term there is pressure. Boost by upstream and capital market rebound, the domestic market increases, but it is difficult to effectively maintained. According to the latest market report, hong kong-listed faces the contradiction between 'price rises, the amount of shrinkage' can't reconcile. Arrived late at the end of the year, businesses need to steel mills next year in advance payment and payment and funding pressure is relatively heavy, precious little to buy the early market rises, however, the current steel prices into the period after consolidation, and difficult to sell to it, affected by the steel market to buy or not to buy up, businesses want to cash out, can only continue to depreciate shipment; This could trigger a fall. In steel demand, the trend of the market mentality under the influence of the weak, the influence of seasonal demand off-season will undoubtedly rise; Coupled with the recent market after a much longer time to rebound as steel mills fill inventory progress slow, began to appear weak trend, the raw material market to continue to pull up sharply in the late is unlikely; Is given priority to with sideways, more support for the price of stainless steel belt will remain in a relatively stable space range.
overall smooth operation of domestic ore market, price fluctuation space is limited. As weak ore futures market does not change, the spot with a slight downgrade, Domestic ore prices on the one hand, by the outside impact has downward pressure, on the other hand mining cost price to ore price cuts to have certain resistance. Inside and outside the recent steel ore procurement ratio remain relatively stable, on the whole maintained inside than outside. With falling steel prices, steel mills profit space is compressed further, from the consideration on the financing side, have certain rising demand for futures. Weekend since domestic ore price around the whole stabilization, steel inventories have no obvious fluctuations, maintain on-demand procurement strategy, and still no signs had winter. Stainless steel disadvantaged consolidation, with the national steel billet market in tianjin fell 10 yuan/ton, henan region fell 20 yuan/ton. Recently finished product material stability and fall, light volume, the downstream steel mills for billet on-demand procurement; Billet price is low, but traders generally to billet market outlook bearish sentiment, are wary of stock, temporarily still wait-and-see, merchants high to low the phenomenon is more, the short-term steel billet market is expected to continue weak situation. Steel output picks up, soon get corresponding in the upstream stainless steel belt market 'echo', ore price rise, port iron ore inventories continued to decline. In the domestic ore market, hebei region tiejingfen prices continue to rise, tons of price rise is 40 yuan. Some miners, many steel mills ore inventory is low, need appropriate inventory, there is the need of stock, before New Year so market price stabilizes. Agencies analysts believe that steel prices higher blocked after adjustment, the release of hong kong-listed demand will show fluctuations. Clinch a deal with the contradiction between the low cost high, will be decided in the late the main factors of hong kong-listed movements. In addition, near the end of late, will be renewed pressure on the financing side, stainless steel belt market callback short-term there is pressure. Boost by upstream and capital market rebound, the domestic market increases, but it is difficult to effectively maintained. According to the latest market report, hong kong-listed faces the contradiction between 'price rises, the amount of shrinkage' can't reconcile. Arrived late at the end of the year, businesses need to steel mills next year in advance payment and payment and funding pressure is relatively heavy, precious little to buy the early market rises, however, the current steel prices into the period after consolidation, and difficult to sell to it, affected by the steel market to buy or not to buy up, businesses want to cash out, can only continue to depreciate shipment; This could trigger a fall. In steel demand, the trend of the market mentality under the influence of the weak, the influence of seasonal demand off-season will undoubtedly rise; Coupled with the recent market after a much longer time to rebound as steel mills fill inventory progress slow, began to appear weak trend, the raw material market to continue to pull up sharply in the late is unlikely; Is given priority to with sideways, more support for the price of stainless steel belt will remain in a relatively stable space range.
