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Stainless steel with light volume mean weakness - steel prices Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-08
As winter cold weather, stainless steel belt downstream procurement further shrinking, some traders have been not clinch a deal, give priority to with recycling payment and sorting inventory, steel price changes. To the south market of current steel aspect, local inventory ing intention is low, merchants perception afternoon light. Taken together, held steady is expected in the near future. Although the APEC meeting in hebei, shandong and other places steel blast furnace production, but in 20 - because most large and medium-sized steel mill inventories Levels in 30 days, so after the meeting in addition to some private small and medium-sized steel mills appropriate inventory, did not appear low expectations in the market a large number of procurement. Considering the late steel market will gradually enter the consumption season, especially in the north market pressure, iron ore prices have cut of space. Domestic iron ore prices next week is expected to give priority to with minor adjustment. Stores offer little change, weak downstream demand, actual shipment have more bargaining space. Recent stainless steel belt and other surrounding areas due to clinch a deal is nothing with low-cost resources, also construction steel varieties decline, form a certain psychological pressure of the local market, short-term price is difficult to have improved performance. However, the current inventory level is not high, and high cost of support, falling space is limited. Taken together, the off-season effect appeared gradually, recent local material prices weak consolidation. For steel plant maintenance at the same time, the arrival of the goods is not much, market resources are still have support, the current local market price is relatively strong, but with weak downstream demand, clinch a deal, along with the arrival of the goods increase, the north market is expected to stainless steel with the market price will be vulnerable to run later.
as a result of the downstream demand continues to shrink, seriously hindered the clinch a deal, businessman mentality pessimistic, operation is given priority to with positive change quantity delivered price, now dominate the city of Shanghai, tianjin and so on hold, but still under continuous local, the market resources is low. Shipping co. , LTD. In addition, although steelworks, but due to shipping, business inventories are still in a rising channel, the current local inventory total 5. 70000 tons of inventory pressure is big. In December and steel, anshan iron and steel in place the New Deal, hot rolled flat, resource cost support remain, suppress prices quickly down. In conclusion, short-term market is expected to disadvantaged consolidation. Follow up less than this futures run low, the downstream demand, market clinch a deal. Nine sheep, ship tagon malaise, low resource fair; Because of some specifications in lai steel out of stock and keep the steady rhythm, clinch a deal. Season approaching, the downstream steel demand continues to shrink, and high resource ship resistance, stainless steel belt light volume mean depressed steel prices. Current business mentality is generally weak, short-term or range.
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