Stainless steel belt spot support will continue to weaken - cost Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-11
As the downstream stainless steel belt market steel prices continued to lows, especially the fast recover, strip, profiles, thread clinch a deal has prompted a small see;
Steel billet market power pull up score.
And in addition to the timber continue to pull up outside reflux power to steel billet, after the National Day added billet rolling concentration inventory also stimulated the merchant's pull up the mood.
In addition, the market rumors of tangshan in places such as exporters to billet instead of square steel exports, disguised recent billet exports surged up;
In domestic demand for short-term replenishment release and export good cases, direct drive the billet prices rebounded quickly;
But in addition to the hebei region, nationwide billet rebound was dissatisfied.
Therefore, the author believes that the rapid rebound of billet with regional characteristics, local low inventory, low prices of steel, both inside and outside the encounter should be concentrated and forced to limit production increase production expected during major meeting is to promote the local steel billet market boom.
because the dream is unusual, in just half a month time, tang shan area billet price 150 yuan of above, some profit away, someone had put a again by pit, this is life. In terms of fundamentals, steel billet, conditions are not available for inversion of winter approaching, the northern timber consumption will reduce quickly, but in the short term BeiGang south affected by the traffic control of shipment is subject to significant during the meeting; Rolling enterprise of the release of their production is directly muzzle living demand. At the same time, also do not have high hopes of costs; Coal rescue policy and double positive impetus coke recovery in winter; But under the pressure of excess of supply and demand for iron ore remains difficult, low expected years stainless steel belt difficult support have significant costs.
money is not easy, whether it's steel mills, steel trade and business, will continue to be subject to the pressure of money is tight, and the end of the month to come, businesses are once again in the face of periodic money collecting requirements; So the weakness of the billet market in the short term is expected to continue, or further below the previous low. And in the following, all sorts of rumors news confirmed gradually; Hebei and other places because of the great limit production meeting mainly for rolled products enterprise, the blast furnace affect little, lowered the billet market sentiment quickly; Stainless steel belt enterprise under the affected by restricting output by more than 30%, the demand for steel billet fell sharply; Thus tangshan region billet prices after rapid rose 150 yuan/ton, clinch a deal the follow up the weak, not enough to prop up prices in a relatively high; Downstream demand and macro news out, quick rise after the price of steel billet can only helpless collapse, at the bottom of the back; Fast rise fast in the whole market down, there are obvious traces of artificial; Part of the stock investors to profit taking, leaving small retail alone taste bad. Costs continue to move down. Subject to clinch a deal of pressure, the recent fall in succession, such as iron ore, steel billet, especially the price of steel, because of the lack of downstream flange, clinch a deal the cold and cheerless, basic level before fallen back to rebound, and there are still signs of decline, the market is given priority to with watching. On the whole, as the raw material prices decline, stainless steel belt spot cost support will continue to weaken, which hit timber prices fell.
because the dream is unusual, in just half a month time, tang shan area billet price 150 yuan of above, some profit away, someone had put a again by pit, this is life. In terms of fundamentals, steel billet, conditions are not available for inversion of winter approaching, the northern timber consumption will reduce quickly, but in the short term BeiGang south affected by the traffic control of shipment is subject to significant during the meeting; Rolling enterprise of the release of their production is directly muzzle living demand. At the same time, also do not have high hopes of costs; Coal rescue policy and double positive impetus coke recovery in winter; But under the pressure of excess of supply and demand for iron ore remains difficult, low expected years stainless steel belt difficult support have significant costs.
money is not easy, whether it's steel mills, steel trade and business, will continue to be subject to the pressure of money is tight, and the end of the month to come, businesses are once again in the face of periodic money collecting requirements; So the weakness of the billet market in the short term is expected to continue, or further below the previous low. And in the following, all sorts of rumors news confirmed gradually; Hebei and other places because of the great limit production meeting mainly for rolled products enterprise, the blast furnace affect little, lowered the billet market sentiment quickly; Stainless steel belt enterprise under the affected by restricting output by more than 30%, the demand for steel billet fell sharply; Thus tangshan region billet prices after rapid rose 150 yuan/ton, clinch a deal the follow up the weak, not enough to prop up prices in a relatively high; Downstream demand and macro news out, quick rise after the price of steel billet can only helpless collapse, at the bottom of the back; Fast rise fast in the whole market down, there are obvious traces of artificial; Part of the stock investors to profit taking, leaving small retail alone taste bad. Costs continue to move down. Subject to clinch a deal of pressure, the recent fall in succession, such as iron ore, steel billet, especially the price of steel, because of the lack of downstream flange, clinch a deal the cold and cheerless, basic level before fallen back to rebound, and there are still signs of decline, the market is given priority to with watching. On the whole, as the raw material prices decline, stainless steel belt spot cost support will continue to weaken, which hit timber prices fell.
