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Stainless steel continuous cold - with quotation Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-09
With stainless steel belt continuous cold and cheerless, the spot market prices pressures, hot rolled coil plate quotation lower region this week than last week, and the decline slightly increased.
Market is now in the off-season, according to business forecast market prices late or still weakening, stabilised in recent period of time the price rebound is unlikely.
Although there are a few parts of resources complementary, but the overall market spot is not a lot of resources, and the mainstream specifications are available.
Based on the current market demand is less, in the short term business or still keep low inventory operation.
Steel mills, steel consumption due to market slow down, the majority of steel mills are still in a state of their production, and some steel mills are still given priority to with other varieties of steel production;
But as for the supply side, most of the goods supply is normal.
The off-season market, most businesses reflect demand less, the difficulties.
Start the busy farming season, the future for a period of time the market is still affected.
Rising channel is opened again, long-short forces fighting for a long time, in the case of no more negative suppression, bulls have the upper hand slightly, the overall price rise, according to the potential but whether or not it can hold 450 yuan level also will be some time before the test.
But when the heat of the rise in iron ore market, steel market fell again, tangshan area general carbon billet prices fell to 1940 yuan, in the Beijing area tertiary rebar cut to 2150 yuan, its lowest level in years, is also low in nearly a decade.
It will be difficult to calm in the iron ore market for iron ore platts index climbed to slow interval of 65 years high.
$75 to $70, the port spot prices up 40 - the beginning of may
50 yuan, hebei, shandong and other domestic ore prices raised 20 yuan.
'Mine strong steel weak' status is highlighted, as to the cause of the recent price increases, so a strong stainless steel belt basically has two, on the one hand, by major foreign mining enterprises periodic shipments to reduce, to carry out import ore spot insufficient resources;
On the other hand, the main driving force is high of imported ore port began to continue to reduce, stock has been falling since 2013 low, statistics, as of June 8, imported 81. 62 million tons of ore port stocks for the year to reduce 13. 69 million tons.
In domestic steel enterprises generally adopt the ore under the condition of low inventory operation, import ore shipments and the decrease of Hong Kong stocks, directly affect the rhythm of the steel procurement of iron ore, short-term strong demand is activated, the imported ore stainless steel belt in futures market and cash market price increases, wheel dynamic state.
given recent trends, we still don't look good. This week a wide range of domestic steel price action temporarily slow down the prices, but this is not necessarily a good thing. Conforms to the market rule, let the price down as much as they fell, fell much more natural with steel production production, it can speed up the rhythm of the market bottomed out. Price, valuation has been history proves that many times, can't for a long time, is also difficult to play a good effect. Historical experience tells us that many leading steel factory price, are further faster decline of market prices, because price during traders shipments blocked, resource pressure, are racing to low-cost delivery after release from price makes the price again the next big step. The join valuation multiple team is building steel production enterprises, the basic no plate strip. Northern medium plate factory reached 100 yuan, declines in prices this week you shopping for a few orders. Perhaps, rapid price cut, find the bottom of stainless steel with the price to be the fastest find the current prices to the bottom of the varieties.
given recent trends, we still don't look good. This week a wide range of domestic steel price action temporarily slow down the prices, but this is not necessarily a good thing. Conforms to the market rule, let the price down as much as they fell, fell much more natural with steel production production, it can speed up the rhythm of the market bottomed out. Price, valuation has been history proves that many times, can't for a long time, is also difficult to play a good effect. Historical experience tells us that many leading steel factory price, are further faster decline of market prices, because price during traders shipments blocked, resource pressure, are racing to low-cost delivery after release from price makes the price again the next big step. The join valuation multiple team is building steel production enterprises, the basic no plate strip. Northern medium plate factory reached 100 yuan, declines in prices this week you shopping for a few orders. Perhaps, rapid price cut, find the bottom of stainless steel with the price to be the fastest find the current prices to the bottom of the varieties.
