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Stainless steel belt will cost is given priority to with steady rise in - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-08
Occurrence peak overall prices relatively flat, more is given priority to with small fluctuations, late because of a drop in ore, stainless steel belt prices sharply lower, the north scrap fell faster and more.
Hebei first Tang Baosheng had fallen this month up to 80 yuan/ton.
Southern region is on the basis of meridian and shagang, cumulative drop in November of 150 yuan/ton respectively and 50 yuan/ton.
Scrap steel market resources at the present stage volume increase is not big, steel mills for steel scrap purchase price change is not big, the overall market price is not high, clinch a deal the situation in general.
Merchants said, receiving and delivery psychological desire is not strong, the enthusiasm, price is low, resources, continue to affect the spot market, the contradiction between supply and demand still exist.
Scrap steel market next month is expected to continue falling slightly.
This week, the domestic profile market prices steady rise and fall, floating in the 10 - as a whole
70.
Weeks with stainless steel market running smoothly, constantly more rainy weather, downstream capacity utilization, final demand slows, rare and, at the end of business to afternoon generally bearish, more cautious wait-and-see attitude.
Tangshan north market week continuous decline in prices, low clinchs a deal, in the weeks prices callback, small businesses wait-and-see attitude is thicker, then prices continue to small gains, clinch a deal is fair.
Throughout this week, steel prices since the week all the way down, although a slight pull up, but the actual billet prices did not have major changes, prices go up drop from last week.
Industrial production momentum weak, weak rebound in industrial production, manufacturing to continue to drag on growth of investment in fixed assets, is expected in the fourth quarter growth is very likely to be slow in stabilizing the situation.
from the iron ore market, the price of iron essence pink hebei region this month continued to decline, amplitude increase. Sustained by the downstream stainless steel with weak demand, import ore and the port spot crackdown, and speed up the fall, making the ore hold outside of a huge advantage on the price, continue to lower. Some steel mills and even stopped by domestic ore, market clinch a deal a bleak. Next month is expected to hebei iron essence pink weak market prices steady running. This month low prices to new, finally break the $70 mark. Late but easy break $70 under the mark that market demand is very weak. But after a rebound is likely to have problem. Imported ore price or slight rebound is expected next month.
to sum up, as imports ore prices fell below $70 / ton, non-mainstream mines abroad to speed up the production, domestic ore production for cost and weather reason also further increase, and the big four mines in fortescue, Vale also has announced a reduction of iron ore of discounts in the late iron ore prices will there is a big rebound in May. The fourth consecutive month that the market has remain strong, at the end of the market spread the message of shenhua coal prices will rise sharply December, also will form a boost for coal tar market next month. From the point of steel prices, steel mills profit space current fair, the year-end pricing will be following the fluctuation of the market as a whole. Overall, next month is expected to import ore price rebound slightly, stainless steel belt will give priority to with steady rise in cost.
from the iron ore market, the price of iron essence pink hebei region this month continued to decline, amplitude increase. Sustained by the downstream stainless steel with weak demand, import ore and the port spot crackdown, and speed up the fall, making the ore hold outside of a huge advantage on the price, continue to lower. Some steel mills and even stopped by domestic ore, market clinch a deal a bleak. Next month is expected to hebei iron essence pink weak market prices steady running. This month low prices to new, finally break the $70 mark. Late but easy break $70 under the mark that market demand is very weak. But after a rebound is likely to have problem. Imported ore price or slight rebound is expected next month.
to sum up, as imports ore prices fell below $70 / ton, non-mainstream mines abroad to speed up the production, domestic ore production for cost and weather reason also further increase, and the big four mines in fortescue, Vale also has announced a reduction of iron ore of discounts in the late iron ore prices will there is a big rebound in May. The fourth consecutive month that the market has remain strong, at the end of the market spread the message of shenhua coal prices will rise sharply December, also will form a boost for coal tar market next month. From the point of steel prices, steel mills profit space current fair, the year-end pricing will be following the fluctuation of the market as a whole. Overall, next month is expected to import ore price rebound slightly, stainless steel belt will give priority to with steady rise in cost.
