Stainless steel belt will slash - more shipment Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-09
Stainless steel belt upstream market also presents the downward trend, although steel prices weekend has callback, but its inventory pressure is still large, so in the near future to reduce raw material inventory and slowing production speed is more important.
As a result, the steel procurement of coke strength also will be reduced, and the coke market in a weak position, only by the valuation measures to reduce losses.
It is understood that coke price swings down recently, the main reason is still not free delivery lead to inventory backlog, the downstream steel demand downturn.
Comprehensive consideration, the price of steel mills for raw materials procurement's crackdown is still not reduced, and the upstream coking coal prices of coke market support dynamics is insufficient, so expect short-term domestic coke market is still weak downward.
imported ore market weak cannot alter, platform at a low price clinch a deal, to crack down on market expectations. Future spot price fell slightly, stainless steel belt price after previous round of cuts is more stable, enquiries enthusiasm degree is not high; Steel plant maintenance is unfolding, and steel prices weak still, short-term difficult to recover, expected short-term imported ore market is given priority to with weak. Most areas to clinch a deal the doldrums. A fall in the value of some varieties of steel, ship that has impeded the pig iron market requirements become more difficult. But the pig iron has low price, and according to the iron works, iron works now production basic no profit, clinch a deal with a single discussion is given priority to, more so the pig iron price temporarily stabilized. At the current situation, the upstream raw material market weakness, the downstream demand is weak, the pig iron price support dynamics is insufficient, therefore short-term domestic pig iron market is expected to continue to maintain a low situation, does not exclude the possibility fell.
after billet fell in December last year, stainless steel with still no sign of falling down. The current stock market is still weak, and is getting closer and closer to the Spring Festival, some manufacturers have production in advance, some are still in the production of enterprises in the short term production plan. In the case of finished product material weakening, the billet is still weak. Traders on the sidelines, are wary of bottom or a large number of stock. Last week, clinch a deal the poor raw materials, steel mill maintenance increases, reduce the demand for raw materials, traders accept steel mills produced a slightly more, prices down part. Among them, the domestic mining overall weak, imported ore weak decline, coal tar was weaker. As of January 23, compared with the previous Friday, domestic iron essence pink average drop 2 yuan/ton, import ore price drop 11 yuan/ton, metallurgical coke average fell 1 yuan/ton. Chongqing thick-walled seamless steel pipe market price is temporary, temporary impress clinch a deal. It is understood that the current coal companies in addition to send to individual areas of north China still flows to transport more normal in east China market, to market in southwest slightly shortage of capacity, coupled with trucks prices rose sharply, the coking coal market clinch a deal the quantity direct suppression effect. Most traders said, transport resources tense situation in the short term will not ease. Comprehensive consideration, expected late domestic coking coal market is given priority to with smooth running, market trading volume or slow growth. Screw disadvantaged concussion, market crude steel and inventory plumpness, shrinking demand, high price clinch a deal the poor resources, stainless steel belt will slash go goods.
imported ore market weak cannot alter, platform at a low price clinch a deal, to crack down on market expectations. Future spot price fell slightly, stainless steel belt price after previous round of cuts is more stable, enquiries enthusiasm degree is not high; Steel plant maintenance is unfolding, and steel prices weak still, short-term difficult to recover, expected short-term imported ore market is given priority to with weak. Most areas to clinch a deal the doldrums. A fall in the value of some varieties of steel, ship that has impeded the pig iron market requirements become more difficult. But the pig iron has low price, and according to the iron works, iron works now production basic no profit, clinch a deal with a single discussion is given priority to, more so the pig iron price temporarily stabilized. At the current situation, the upstream raw material market weakness, the downstream demand is weak, the pig iron price support dynamics is insufficient, therefore short-term domestic pig iron market is expected to continue to maintain a low situation, does not exclude the possibility fell.
after billet fell in December last year, stainless steel with still no sign of falling down. The current stock market is still weak, and is getting closer and closer to the Spring Festival, some manufacturers have production in advance, some are still in the production of enterprises in the short term production plan. In the case of finished product material weakening, the billet is still weak. Traders on the sidelines, are wary of bottom or a large number of stock. Last week, clinch a deal the poor raw materials, steel mill maintenance increases, reduce the demand for raw materials, traders accept steel mills produced a slightly more, prices down part. Among them, the domestic mining overall weak, imported ore weak decline, coal tar was weaker. As of January 23, compared with the previous Friday, domestic iron essence pink average drop 2 yuan/ton, import ore price drop 11 yuan/ton, metallurgical coke average fell 1 yuan/ton. Chongqing thick-walled seamless steel pipe market price is temporary, temporary impress clinch a deal. It is understood that the current coal companies in addition to send to individual areas of north China still flows to transport more normal in east China market, to market in southwest slightly shortage of capacity, coupled with trucks prices rose sharply, the coking coal market clinch a deal the quantity direct suppression effect. Most traders said, transport resources tense situation in the short term will not ease. Comprehensive consideration, expected late domestic coking coal market is given priority to with smooth running, market trading volume or slow growth. Screw disadvantaged concussion, market crude steel and inventory plumpness, shrinking demand, high price clinch a deal the poor resources, stainless steel belt will slash go goods.
