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Stainless steel prices rose slightly - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-11
Imported ore price this week ended higher after initially falling, stainless steel prices rose slightly, coke prices basically stable, steel costs haven't changed much.
Recent market news from overseas non-mainstream mines shut down frequently, Rio tinto and fortescue in four major mine also have announced plans to cut investment next year, will bring to market supply to a certain extent reduce the expected, help ore prices rebound in the low post.
But in the current port imported ore inventories are high, and money is tight at the end of the steel plant, under the situation of imported ore price rebound space will be limited.
North and from the point of steel prices, the current market demand has been evident, steel mill order pressure, north and south north material resources increase in southern steel mills will also orders tissue formation pressure, steel mills in terms of pricing policy is likely to give businesses more play space.
Overall cost of steel price support dynamics is still insufficient.
And fill the fell slightly less surprised merchants, rarely appear this situation, is generally believed that shagang, considering the upcoming order though the margins of the fill, but partial businessman task difficulty, more cheap shipment, loss of edge.
Winter, the temperature drop in jiangsu area is larger, the downstream demand gradually reduce, merchant shipping is difficult, to low-cost resources continuously, short-term market is good, but recently raw materials, stronger or prop up the market to a certain extent, is expected to slightly weak middle of shagang policy adjustment.
Beijing this week after the construction steel steady downward, is expected next week after raising dark drop shipment. Slow steel mills in early delivery, and the stock market jumped to boost phase, screw, week markets wait-and-see atmosphere thick, multidimensional steady prices, but the temperature influence on demand for the construction site, and the large shipments continued low, on Sunday to stainless steel belt and a half weeks after the market mentality, gradually loosened 30 - at the market 70; But again Friday river steel price policy, required all varieties and specifications are not less than 2700 sales in Beijing, and this month settlement is not less than 2700, and to reduce this month Beijing building supply 150000 tons of steel, the other dedicated/pipes/LingGang other emerging supply 50000 tons of steel mills also reduce Beijing to maintain prices in Beijing area. Thus, next week is expected to price or up to the limit price first, then dark drop shipment. But major steel mills lower priced, shows that steel mills for afternoon bearish, the market price is weakening. For next week: cold wave hit, as originally cold hong kong-listed add a layer of frost, limited construction site, needs to improve, the east China area of 'south north material' gradually, stainless steel belt merchants delivery pressure increasing, next week is expected to continue weak finishing, but considering the recent phase of the screw, raw material situation, the market price is a little support, in the late prices, space will be limited. Investigate its reason, on the one hand, the local temperature, basic work downstream site, clinch a deal days cold and cheerless, markets wait-and-see, traders price stability, but the actual transaction of flexible operation, actively give priority to shipment. On the other hand, when the early, the businessman slightly relieve funding pressures, balanced. In conclusion, considering seasonal pressure of supply and demand has become increasingly apparent, steel is expected next policy or cut again. In the current market price and the ex-factory price by comparison, the current products in the province basic hangs around 150 yuan/ton. According to our investigation statistics, the current angang factory inventory and small and medium-sized steel mills are high, as the late market prices continue to slump, steel mills will double, delivery pressure plus repayment pressure under the influence of the end of the year, priced promote shipment does not exclude the steel mills continue to fall. Given the current level and the market situation, the market upside down late angang is expected to cut about 80 yuan/ton, and merchants have certain extent retroactive to stainless steel belt.
Beijing this week after the construction steel steady downward, is expected next week after raising dark drop shipment. Slow steel mills in early delivery, and the stock market jumped to boost phase, screw, week markets wait-and-see atmosphere thick, multidimensional steady prices, but the temperature influence on demand for the construction site, and the large shipments continued low, on Sunday to stainless steel belt and a half weeks after the market mentality, gradually loosened 30 - at the market 70; But again Friday river steel price policy, required all varieties and specifications are not less than 2700 sales in Beijing, and this month settlement is not less than 2700, and to reduce this month Beijing building supply 150000 tons of steel, the other dedicated/pipes/LingGang other emerging supply 50000 tons of steel mills also reduce Beijing to maintain prices in Beijing area. Thus, next week is expected to price or up to the limit price first, then dark drop shipment. But major steel mills lower priced, shows that steel mills for afternoon bearish, the market price is weakening. For next week: cold wave hit, as originally cold hong kong-listed add a layer of frost, limited construction site, needs to improve, the east China area of 'south north material' gradually, stainless steel belt merchants delivery pressure increasing, next week is expected to continue weak finishing, but considering the recent phase of the screw, raw material situation, the market price is a little support, in the late prices, space will be limited. Investigate its reason, on the one hand, the local temperature, basic work downstream site, clinch a deal days cold and cheerless, markets wait-and-see, traders price stability, but the actual transaction of flexible operation, actively give priority to shipment. On the other hand, when the early, the businessman slightly relieve funding pressures, balanced. In conclusion, considering seasonal pressure of supply and demand has become increasingly apparent, steel is expected next policy or cut again. In the current market price and the ex-factory price by comparison, the current products in the province basic hangs around 150 yuan/ton. According to our investigation statistics, the current angang factory inventory and small and medium-sized steel mills are high, as the late market prices continue to slump, steel mills will double, delivery pressure plus repayment pressure under the influence of the end of the year, priced promote shipment does not exclude the steel mills continue to fall. Given the current level and the market situation, the market upside down late angang is expected to cut about 80 yuan/ton, and merchants have certain extent retroactive to stainless steel belt.
