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Stainless steel belt said businesses generally have a certain degree of loss - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
Building materials continue to fall this week, next week is expected to decline eased, stainless steel rebound fatigue.
Weeks steel pricing is given priority to with fell, but the decline is not generally, as the market price of inversion of amplitude increases, the cost of supporting function gradually reflected, and a half weeks after the market fell will decrease, especially screw, steel billet rebounded more up to a few test;
But weak demand pattern has not changed, the terminal digestion ability is limited, and the rain weather and fund pressure, at the end of next week is expected to market still slipped.
Weekend thread screw market stability.
At the weekend, still maintain a small amount of overall demand, even at a low price is hard to change, and the current businesses are losing money generally, continue to slashed its intention is not strong, temporary wait for Lord, related varieties in poor performance, without the good support.
Economic downward pressure, industrial electricity continues to fall, making electricity decline, maintain weak foreign demand, the aim of crude steel production decline, steel stocks began to rebound, social inventory slow decline, supply pressure increasing, short-term hong kong-listed maintain vulnerable.
Next week, domestic steel market is expected to slightly lower.
Price prediction model according to weeks data calculation, next week fell slightly in the domestic steel market prices will be stable, chongqing I steel prices fell, profile market decline in stainless steel belt, plank market prices fell slightly, pipe market prices fall modestly firmer.
this week, the National Development and Reform Commission power is sustained steady growth, 3 days reply railway investment in construction projects more than $4500 in a row, add a lot of confidence to the market. In addition, the real estate market in April also showed signs of recovery, not only volume increased, prices have stabilised falling trend, however, because of the frequent rainfall, south hong kong-listed no improvement in performance worse instead, not only from the raw material to become useful common weakness slide. But considering the crude steel production check turned down, combined with the steel mills have a quite price intention, is expected next week, won't appear as a narrow weaker in probability. The pricing shagang slightly out of market expectations, not only senders not fully in place, and the market upside down after cut amplitude is still large, stainless steel belt businesses generally have a certain degree of loss, will sign steel mill's price is stronger. Weeks billet gradually lowered, the iron ore also weak, though in the weeks rose slightly, but the downstream demand remains generally, individual businesses leaned slightly rose 10 yuan/ton, strong wait-and-see atmosphere overall. Overall, the market mentality is still relatively pessimistic, individual businesses think or may refresh low recently, comprehensive consideration, or gradually stabilize, next week is expected to June 1 shagang policy unchanged. End demand weak cannot alter, clinch a deal without a few at a time, in order to shipment, market resources of low frequency, businessman mentality is generally weak, this pricing information, market is still upside down, for the afternoon market, traders cautious attitude. Comprehensive consideration, as a short-term difficult to change the good, the weak situation of supply and demand is expected next mills policy is still lower. As of late, the fund pressure, there is no lack of merchants to walk quantity slightly, hit the mainstream price, produce is also under pressure, have a risk of falling, but the price is low, the late could fell space is finite, and next week if there are certain positive, stainless steel belt is expected to rebound slightly higher.
this week, the National Development and Reform Commission power is sustained steady growth, 3 days reply railway investment in construction projects more than $4500 in a row, add a lot of confidence to the market. In addition, the real estate market in April also showed signs of recovery, not only volume increased, prices have stabilised falling trend, however, because of the frequent rainfall, south hong kong-listed no improvement in performance worse instead, not only from the raw material to become useful common weakness slide. But considering the crude steel production check turned down, combined with the steel mills have a quite price intention, is expected next week, won't appear as a narrow weaker in probability. The pricing shagang slightly out of market expectations, not only senders not fully in place, and the market upside down after cut amplitude is still large, stainless steel belt businesses generally have a certain degree of loss, will sign steel mill's price is stronger. Weeks billet gradually lowered, the iron ore also weak, though in the weeks rose slightly, but the downstream demand remains generally, individual businesses leaned slightly rose 10 yuan/ton, strong wait-and-see atmosphere overall. Overall, the market mentality is still relatively pessimistic, individual businesses think or may refresh low recently, comprehensive consideration, or gradually stabilize, next week is expected to June 1 shagang policy unchanged. End demand weak cannot alter, clinch a deal without a few at a time, in order to shipment, market resources of low frequency, businessman mentality is generally weak, this pricing information, market is still upside down, for the afternoon market, traders cautious attitude. Comprehensive consideration, as a short-term difficult to change the good, the weak situation of supply and demand is expected next mills policy is still lower. As of late, the fund pressure, there is no lack of merchants to walk quantity slightly, hit the mainstream price, produce is also under pressure, have a risk of falling, but the price is low, the late could fell space is finite, and next week if there are certain positive, stainless steel belt is expected to rebound slightly higher.
