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Stainless steel belt will continue to run smooth continuation of the early stage of the situation Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
From the point of today's market conditions, steel market prices, clinch a deal the situation improved slightly, stainless steel belt's price mood-elevating, and individual varieties more higher price, period screw prices are also appear bottomed out, dalian iron ore main futures contracts with higher status, which makes the iron ore spot market increased wait-and-see mood, bearish mood slightly astringent.
Recently, the iron ore market is influenced by many factors present volatile, spot light volume or promote the prices a little dip, but limited losses.
today's decline in iron ore market volatility, clinch a deal. Recently, with the rapid fall, of steel market by the iron ore market, although the physical resources are limited, but pressure downward trend obviously, ports and forward the spot market prices down to some extent, the manufacturer's wait-and-see atmosphere is quite strong, most of the demand side in no hurry to purchase, a small amount of added spot inventory. Down the price of the current steel market, a piece of the bottom of clinch a deal from the previous period is slightly better, stainless steel belt continue to cut space is limited in the short term, the iron ore market with the potential to cut, and the current can be supplied from stock resources are limited, ore price has certain defensive, to cut a little convergence. Today near dalian iron ore main futures contract closed at drop stop board, closed at $3 425. 95%, short press state highlights, short-term market is still bearish. Based on the analysis of factors, timber market, the recent fall speed too fast, stabilizing wait-and-see atmosphere slightly ascending, after modestly lower iron ore market, or restore the consolidation state. Billet has been falling recently, poor performance of the material to the finished product market enthusiasm to reduce steel production, the steel procurement, steel shipments slowing, evident in shandong, xuzhou region, the early stage of the tight resources, recently some iron works inventory has amounted to twenty thousand tons. Cast iron, ductile iron, because of busy farming and the weather turned hot, casting industry into the traditional off-season, stainless steel belt to reduce demand for pig iron, iron works to clinch a deal. Current demand weakness, but the raw material market is relatively stable, the pig iron cost support fair, so difficult for iron works, iron price plunge is unlikely, some iron works to promote clinch a deal the price cut, the manufacturer of pressure is not big, more steady. In recent days the low price of steel billet continuous innovation, and no signs of falling, led to increasing market pessimism, in to buy or not to buy up state of mind, purchase intention more depressed, more bearish market factors. Yesterday morning after opening the downstream rolled stock market is still weak, specific to see: 145 narrowband stabilized before they are due to poor demand, intraday prices have dropped 30 yuan/ton, and drop after clinch a deal is still blocked; The aluminum plate prices 20-5052 30 yuan/ton, poor shipment, wait-and-see atmosphere is still relatively strong. And blank hair resources continue to suffocate, physical resources are individual quotation, but little clinch a deal, merchants more pessimistic attitude. Although YanGang bidding price is higher than the market price, but in the environment under the background of the downturn, hard to hong kong-listed play a supporting role, the afternoon leading billet factory temporarily stable running, but then the individual billet manufacturers in qianan region take the lead in lower price 30 yuan, further stimulated the bearish market mentality, so late billet prices is 20 yuan. Spot prices stabilized, the current domestic coke inventories low. Bearish atmosphere do not change the whole black products market, considering the steel loss serious, upstream steel mills to suppress coke market, especially in the later, under the background of a huge steel mill production kinetic energy coke spot prices may be smaller, stainless steel belt will continue to continue the early running smoothly.
today's decline in iron ore market volatility, clinch a deal. Recently, with the rapid fall, of steel market by the iron ore market, although the physical resources are limited, but pressure downward trend obviously, ports and forward the spot market prices down to some extent, the manufacturer's wait-and-see atmosphere is quite strong, most of the demand side in no hurry to purchase, a small amount of added spot inventory. Down the price of the current steel market, a piece of the bottom of clinch a deal from the previous period is slightly better, stainless steel belt continue to cut space is limited in the short term, the iron ore market with the potential to cut, and the current can be supplied from stock resources are limited, ore price has certain defensive, to cut a little convergence. Today near dalian iron ore main futures contract closed at drop stop board, closed at $3 425. 95%, short press state highlights, short-term market is still bearish. Based on the analysis of factors, timber market, the recent fall speed too fast, stabilizing wait-and-see atmosphere slightly ascending, after modestly lower iron ore market, or restore the consolidation state. Billet has been falling recently, poor performance of the material to the finished product market enthusiasm to reduce steel production, the steel procurement, steel shipments slowing, evident in shandong, xuzhou region, the early stage of the tight resources, recently some iron works inventory has amounted to twenty thousand tons. Cast iron, ductile iron, because of busy farming and the weather turned hot, casting industry into the traditional off-season, stainless steel belt to reduce demand for pig iron, iron works to clinch a deal. Current demand weakness, but the raw material market is relatively stable, the pig iron cost support fair, so difficult for iron works, iron price plunge is unlikely, some iron works to promote clinch a deal the price cut, the manufacturer of pressure is not big, more steady. In recent days the low price of steel billet continuous innovation, and no signs of falling, led to increasing market pessimism, in to buy or not to buy up state of mind, purchase intention more depressed, more bearish market factors. Yesterday morning after opening the downstream rolled stock market is still weak, specific to see: 145 narrowband stabilized before they are due to poor demand, intraday prices have dropped 30 yuan/ton, and drop after clinch a deal is still blocked; The aluminum plate prices 20-5052 30 yuan/ton, poor shipment, wait-and-see atmosphere is still relatively strong. And blank hair resources continue to suffocate, physical resources are individual quotation, but little clinch a deal, merchants more pessimistic attitude. Although YanGang bidding price is higher than the market price, but in the environment under the background of the downturn, hard to hong kong-listed play a supporting role, the afternoon leading billet factory temporarily stable running, but then the individual billet manufacturers in qianan region take the lead in lower price 30 yuan, further stimulated the bearish market mentality, so late billet prices is 20 yuan. Spot prices stabilized, the current domestic coke inventories low. Bearish atmosphere do not change the whole black products market, considering the steel loss serious, upstream steel mills to suppress coke market, especially in the later, under the background of a huge steel mill production kinetic energy coke spot prices may be smaller, stainless steel belt will continue to continue the early running smoothly.
