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Stainless steel belt supply contradiction - has increased dramatically Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-05
Despite the current market a whine, but after the New Year as money situation is slightly improved, steel mills and steel trade, huang library intention will be increased, raw material prices rebounded probability increases, the spot steel prices trend will form.
This week since domestic hot-rolled medium plate basic is given priority to with falling prices, raw material prices straight downward, and weaker phase of steel, makes the trader is bearish for afternoon, now all dare not to do more inventory, downstream procurement and on-demand procurement, from the point of stainless steel with market feedback, market demand could not improve short days, is expected to remain weak in the short term market or consolidation.
Weak construction steel prices this week, but the overall pace slowed down, part of the deal better.
Week headed by tangshan billet slump, pulled open the prelude to market prices down rapidly, Wednesday and Thursday, however, the construction steel market prices temporarily stabilized, but at the moment, the market price is relatively chaos, tumbling after a week, merchants offer become different.
Come to Friday, week due to the weak clinch a deal, market prices continue to fall on Friday.
Now each big traders inventories are low, the market plunge signs is not revealed.
The north, the temperature drops downstream stainless steel demand is shrinking.
Climate makes the demand of the downturn is more low, the market prices also fell, business confidence in afternoon, some large markets thrown at cheap prices, terminal 'buy or not to buy up' mood more highlights, market is more delicate, delivery is near the New Year holiday next week, the market is active degree is not high, merchants disadvantaged, watching, the other affected by hebei steel factory price, the market resources, the market price slightly smooth pattern.
The current market price with strong defensive, on New Year's day may not continue to fall again, next week is expected to price or will run smoothly.
in the face of the demand of the cold, the upstream steel mills don't think production, capacity increasing instead. In mid-december crude steel nissan for 178. 190000 tons, hit a new high after the National Day, at the same time, focus on steel internal stocks were on the rise, at the end of the middle of 1488. 270000 tons, the reaction terminal and stainless steel with trade order enthusiasm continue to decline. Production and inventory respectively, were significantly higher than ever in the same period, great pressure, combined with the special period, steel mills may have to pay more efforts, but the effect is not necessarily can realize. Purchase demand, terminal almost forgotten. Not the end terminal purchase, this is because at this time of the downstream basic unintentionally purchasing reserves, and this year's economic decline obviously, steel should be less. And intermediary market, also don't want to stock up, almost all is given priority to with light inventory, lack of money and avoid can determine the price of risk; In this case, the weak demand, will continue.
the whole steel furnace charge market is still in decline, especially sensitive billet collapse at the end of the year, to the market to the detriment of transfer of information. Steel mills continue to increase production of raw materials have not bring any advantage, in steel mills, squeezing the contrast, weak hard to change; But I did think, after the New Year's day, steelworks is similar to the consumption of raw material inventory, a new round of an inventory is coming, but also can only look at short term. Money is still the main stress. Money very nervous, steel mills therefore continue to depreciate clear inventory, steel trade, therefore at a loss sale; Downstream of the steel terminal, but also because money is tight, normal procurement has been reduced, not to mention the goods; At the end of the year, all funds under pressure gathering, the domestic steel market will be more difficult, terminal stock reduction, middlemen to stock had winter is weak, and the supplier is best price now, was living on the road fell. To sum up, the first in the last three days of the New Year's day, trading will be more tired, also lost in confidence and increasing pressure of funds, especially the raw material cost is not to force, in stainless steel with supply contradictions sharp increase, the domestic steel prices, and fall without regrets!
in the face of the demand of the cold, the upstream steel mills don't think production, capacity increasing instead. In mid-december crude steel nissan for 178. 190000 tons, hit a new high after the National Day, at the same time, focus on steel internal stocks were on the rise, at the end of the middle of 1488. 270000 tons, the reaction terminal and stainless steel with trade order enthusiasm continue to decline. Production and inventory respectively, were significantly higher than ever in the same period, great pressure, combined with the special period, steel mills may have to pay more efforts, but the effect is not necessarily can realize. Purchase demand, terminal almost forgotten. Not the end terminal purchase, this is because at this time of the downstream basic unintentionally purchasing reserves, and this year's economic decline obviously, steel should be less. And intermediary market, also don't want to stock up, almost all is given priority to with light inventory, lack of money and avoid can determine the price of risk; In this case, the weak demand, will continue.
the whole steel furnace charge market is still in decline, especially sensitive billet collapse at the end of the year, to the market to the detriment of transfer of information. Steel mills continue to increase production of raw materials have not bring any advantage, in steel mills, squeezing the contrast, weak hard to change; But I did think, after the New Year's day, steelworks is similar to the consumption of raw material inventory, a new round of an inventory is coming, but also can only look at short term. Money is still the main stress. Money very nervous, steel mills therefore continue to depreciate clear inventory, steel trade, therefore at a loss sale; Downstream of the steel terminal, but also because money is tight, normal procurement has been reduced, not to mention the goods; At the end of the year, all funds under pressure gathering, the domestic steel market will be more difficult, terminal stock reduction, middlemen to stock had winter is weak, and the supplier is best price now, was living on the road fell. To sum up, the first in the last three days of the New Year's day, trading will be more tired, also lost in confidence and increasing pressure of funds, especially the raw material cost is not to force, in stainless steel with supply contradictions sharp increase, the domestic steel prices, and fall without regrets!
