Stainless steel belt price wait-and-see atmosphere slant thick - today Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-11
Today's price of stainless steel belt wait-and-see atmosphere partial thick, hasten up slightly convergence condition.
Recently, the iron ore market subject hype by short-term resources are in short supply, the overall prices rose slightly, and after some adjustment, the market bullish weakened, ore price is hard to continue to rise the restriction of the two aspects, on the one hand the leading steel chain of steel price is still weak, market competition incentives, price increases slightly shipment will abate, maintain most of the iron and steel enterprises and traders to raise prices, and led the entire chain into a disadvantage.
Tighter performance on the other hand is to spot iron ore resources, the demand may be selectively is quite small, major mineral resources shortage, combined with the non-mainstream ore has decreased, making the market price is uneven, suffers from iron and steel enterprise purchase pressure, and difficult to accept high price ore, therefore under the limited choice space, the meaning of the bid procurement, the insufficient quantity of procurement varieties, or in purchasing or suspend purchasing.
Based on the analysis of factors, lack of good news recently, the spot iron ore prices remains strong, the overall market or consolidation state.
Weak domestic steel scrap market today run, clinch a deal the weak.
Price cut 20 yuan, nanchang area, this basically is the local special boiler tube of stainless steel with price, weak market running and scrap steel, hot dip galvanized round steel prices are subject to adjust.
domestic coke market little changed today, local weak performance. At present, steel market has no obvious improvement, but the partial low prices for limited resources to clinch a deal in iron ore and other raw material price increases slightly, coke individual manufacturers try to an increase in the price of coke factory, but not recognised by steel enterprises, together with signs and production parts of the coke oversupply situation difficult to have a change, most of the coking enterprises maintain normal delivery. From the point of coke market currently running condition, although YouPan atmosphere, substantial rise, it will take time, but the short-term market will remain relatively steady running state. Tangshan billet market continues to stabilize today, delivery can be. Downstream product material price weakness, let the market pessimism has continued to spread. But under cost support, stainless steel belt factory still difficult pretty price, most varieties still is given priority to with stability. Body to see, in early trading, small narrow strip steel at first the stability, light volume, so part of the plate to cut 10 yuan, the price drop after the shipment is slightly better. Profile price stabilization, clinch a deal is still not ideal. Specific view, 4, the cost of imported ore market, some traders offer with flat yesterday, the market overall mentality. Spot: early traders offer temporary stability, steel procurement cautious, wait-and-see, clinch a deal the afternoon is relatively stable. Although because of port stocks fall in iron ore prices rebounded significantly, but the iron ore market supply and demand situation did not change obviously. Especially since this year our country iron and steel enterprises in the profit and environmental situation even more severe cases, production must be the inevitable choice, which directly affect the demand for stainless steel belt price.
domestic coke market little changed today, local weak performance. At present, steel market has no obvious improvement, but the partial low prices for limited resources to clinch a deal in iron ore and other raw material price increases slightly, coke individual manufacturers try to an increase in the price of coke factory, but not recognised by steel enterprises, together with signs and production parts of the coke oversupply situation difficult to have a change, most of the coking enterprises maintain normal delivery. From the point of coke market currently running condition, although YouPan atmosphere, substantial rise, it will take time, but the short-term market will remain relatively steady running state. Tangshan billet market continues to stabilize today, delivery can be. Downstream product material price weakness, let the market pessimism has continued to spread. But under cost support, stainless steel belt factory still difficult pretty price, most varieties still is given priority to with stability. Body to see, in early trading, small narrow strip steel at first the stability, light volume, so part of the plate to cut 10 yuan, the price drop after the shipment is slightly better. Profile price stabilization, clinch a deal is still not ideal. Specific view, 4, the cost of imported ore market, some traders offer with flat yesterday, the market overall mentality. Spot: early traders offer temporary stability, steel procurement cautious, wait-and-see, clinch a deal the afternoon is relatively stable. Although because of port stocks fall in iron ore prices rebounded significantly, but the iron ore market supply and demand situation did not change obviously. Especially since this year our country iron and steel enterprises in the profit and environmental situation even more severe cases, production must be the inevitable choice, which directly affect the demand for stainless steel belt price.
