Stainless steel belt seems to be the price down is still not to everyone's expectations Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-12
Stainless steel belt demand continue to slip this week, most traders purchase quantity is not big, steel mill shipments also limited, stocks fell around the speed is very slow, and from the perspective of the inventory data of Lange steel web statistics, city, regional inventories are on the rise, only in south China before inventory increases, inventories are rising in east China this week.
And from the point of spot hong kong-listed itself, interest rate cuts, drop allowed by the relatively weak, the good whether in economic restructuring under the transformation funds for liquidity support or increment in the entity into the main industry, and the correlation of hong kong-listed weak, and we hope to double down the positive can only for the sustainability of an exodus hong kong-listed period now have the effect of relatively stable, but today's reaction to the overall market.
From the perspective of the performance of timber, only rebar prices in Beijing, tianjin, Beijing area hot-rolled prices and lifting heavy plate prices in handan region, other second - and third-tier cities are still continue last week fell, and under the phase plate under a drag on, the overall on did not clinch a deal amount, for the markets of buffer or fruit.
Aluminum rods or continue shakeouts pattern as a whole.
this week, domestic steel prices fall too large and heavy falls in tangshan billet prices also have relations. The early stage of the billet prices because of the large amount of export square steel, tangshan area reduced availability of domestic resources, in the steel product prices fall billet prices remained stable. But recently the tangshan area, increase amount of steel billet, inventories, steel mills, businesses selling pressure increases, the price also accelerated the pace of decline. Spot resources though the overall market is not much, but with the arriving of the goods ordered on the early and stainless steel with weak sales market results in the backlog of goods will increasingly highlight, resource inventory pressure on spot prices will continue to rise. Demand side, just enter the off-season, the market now rising market demand in May, and the decline of market prices, terminal purchasing wait-and-see mood is still strong, market in addition to the part of the rigid demand, purchasing or still have other back phenomenon, the pressure on market prices will continue to pressure, short-term price is difficult to have a substantial rebound. For three weeks, aluminum rods fall is more and more big, the business mentality is becoming more and more bad, prices are the lowest in nearly 10 years, by creating the overall market is one for all. Near the weekend, steel market prices temporarily appeared signs of falling, rebar futures prices have rebounded slightly, tangshan billet. The price falling very calm, the traditional continuous falling steel prices, periodically stop falling will clinch a deal with measures, rapid rebound in prices, but the falling no such condition appear, purchasing party continues on, stainless steel belt seems to be the price down is still not to everyone's expectations.
this week, domestic steel prices fall too large and heavy falls in tangshan billet prices also have relations. The early stage of the billet prices because of the large amount of export square steel, tangshan area reduced availability of domestic resources, in the steel product prices fall billet prices remained stable. But recently the tangshan area, increase amount of steel billet, inventories, steel mills, businesses selling pressure increases, the price also accelerated the pace of decline. Spot resources though the overall market is not much, but with the arriving of the goods ordered on the early and stainless steel with weak sales market results in the backlog of goods will increasingly highlight, resource inventory pressure on spot prices will continue to rise. Demand side, just enter the off-season, the market now rising market demand in May, and the decline of market prices, terminal purchasing wait-and-see mood is still strong, market in addition to the part of the rigid demand, purchasing or still have other back phenomenon, the pressure on market prices will continue to pressure, short-term price is difficult to have a substantial rebound. For three weeks, aluminum rods fall is more and more big, the business mentality is becoming more and more bad, prices are the lowest in nearly 10 years, by creating the overall market is one for all. Near the weekend, steel market prices temporarily appeared signs of falling, rebar futures prices have rebounded slightly, tangshan billet. The price falling very calm, the traditional continuous falling steel prices, periodically stop falling will clinch a deal with measures, rapid rebound in prices, but the falling no such condition appear, purchasing party continues on, stainless steel belt seems to be the price down is still not to everyone's expectations.
