Stainless steel market - with demand and pull up Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-06
Stainless steel belt tight trading range today.
For the shandong market, currently in ore prices have been low, steel mills in the near future ore proportioning slightly ascending, purchase relatively stable, good shipments in mines, and recent import ore consolidation, prices in the short term is expected to maintain stability.
In the southwest market, steel procurement in ore is more, in southwest influenced by imported ore prices, the ore survival more difficult, if the imported ore continued to fall, in the southwest part of the mining face closure, ore outside when the steel mills were forced to purchase, transportation, logistics costs to give this little steel mills profit cost pressure.
Traders, jiang spot supply, part of the mainstream goods is less, the mainstream of attention to rise.
Affected by the market, part of the small traders hands in the river is not available, stainless steel belt traders continued to trade, the market confidence is limited, rotary header is not submitted to the phenomenon.
Dependence of southwest steel mills for imported ore is limited, so the enquiry is relatively cold and cheerless, for afternoon, steel mills more confidence, procurement cautious.
The current real economy deflationary expectations rise, it will enhance the level of real interest rates and further suppress the total demand, the self-reinforcing deflationary expectations.
Thus counter-cyclical monetary policy it is necessary to relax, chongqing thick-walled seamless steel pipe down, to the pressure is big, to cut interest rates again.
In most area of northern China strong cooling, snow weather, northeast China, Inner Mongolia region is relatively serious, large outdoor project shutdown, demand has fallen significantly, the market traded more cold and cheerless, but as a result of traders on the market this year is expected to pessimistic, reduced inventory operation very early, some even maintain zero inventory, tight resources to curb prices down further play a role, but poor clinch a deal, city prices continued to decline.
The southern market clinch a deal is better than the north, but due to the much more rain weather, clinch a deal the limited, overall, as it was on the cost side under the condition of fluctuation is not big, traders more steady, watching, give priority to shipment.
As the steel market downturn has not changed in recent years, the market funds serious cases, traders had winter consciousness has downplayed, stock up demand also gone, most traders cautious operation, only a small amount of stock, a large number of stock up concept already, in previous years, after the site shutdown, stainless steel demand and pull up the market, this year will continue to exist.
Clinch a deal demand off-season, the market will be more cold and cheerless.