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Stainless steel with market price or will continue to fall Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-08
Overall domestic stainless steel belt market prices this week to continue falling trend, but compared with the previous trend of the overall decline in the positive changes, the regional prices found some differences.
Market prices in the south of the north south resources continue to the arrival of the goods, the price still keep falling, shanghai-hangzhou and other price drop is controlled in one hundred yuan.
A strong south in the domestic construction steel market prices weak trend, leading cities, Beijing, tianjin market steady rise, Shanghai, guangzhou market prices continued to fall modestly.
Second-tier market besides some cities rising in hebei, northeast, northwest prices stable, east China, south China, central south, from city to city in southwest China are continuing Yin down trend.
The current market demand, there is no change, the market inventory although slower growth rate than previous years, but is still in a rising rhythm.
Especially in parts of the small and medium-sized steel mill inventory growth is accelerated, which for the holiday market or a huge pressure.
Today afternoon billet prices 10 yuan, undoubtedly injected a dose of good to the market.
Tomorrow is expected to market continues to rose slightly, in the north south 15 crmo steel pipe pressure stainless steel belt, prices or to continue downward.
the recent domestic hot-rolled coil plate prices remain low, the market price has dropped to a lower level, but the market transaction situation is still worrying. Resources, domestic hot-rolled coil plate spot fewer resources, a shortage of parts for individual specification, shortage of specifications price support, slightly before the goods replenished prices or market will remain weak stabilized. Steel mills, at present because the market of steel consumption is relatively slow, the majority of steel mills currently hot rolling yield less than before; Near the Spring Festival, the terminal purchasing gradually draws to a close, steel mills or not on the market more resources, continue to hold down prices. Financing, corporate loans before and after the Spring Festival and other cash flow is relatively concentrated, merchants or still is given priority to with money back; The early stage of the stainless steel with merchants for shipment, lowering the market price, but the effect is not ideal, the recent business temporarily stable market sentiment. Futures, hot rolled coil plate futures prices rose again today, or 30 yuan, already rose to 2622 yuan. Coal, iron ore has a weak stabilizing trend today, but the ability to keep steady, needs further research. But at present the strong trend of these factors, the stimulating effect of the demand for terminal is smaller. The short-term market is expected to price or will be disadvantaged consolidation. Today, in the northeast cold-rolled prices began to appear slightly loose, especially the stock market under high pressure, merchants first in order to ship, had to cut prices. Other markets such as north China, east China, northwest area recent inventory pressure is small, delivery speed, combined with steel plant of relatively low inventory on the price a little support. Southern markets, recent market resources is relatively abundant, owing to pouring into the northern low resources, was hit, pricing businesses will more obvious and decline has widened. Overall, cold rolling is still in the lower prices now, inversion phenomenon appears on the market, merchants had winter will lower, in order to reduce risk, merchants are mainly composed of active shipments to inventory. Though as of the time, billet prices 10 yuan, reported in 2010 yuan/ton, but when it comes to raw material costs of the current market environment to support the spot market, is some little meaning. In the short term, the bad news is still on the market, the more the merchants for afternoon still doesn't look good. For this reason, in the short term is expected to domestic stainless steel market prices or will continue to fall.
the recent domestic hot-rolled coil plate prices remain low, the market price has dropped to a lower level, but the market transaction situation is still worrying. Resources, domestic hot-rolled coil plate spot fewer resources, a shortage of parts for individual specification, shortage of specifications price support, slightly before the goods replenished prices or market will remain weak stabilized. Steel mills, at present because the market of steel consumption is relatively slow, the majority of steel mills currently hot rolling yield less than before; Near the Spring Festival, the terminal purchasing gradually draws to a close, steel mills or not on the market more resources, continue to hold down prices. Financing, corporate loans before and after the Spring Festival and other cash flow is relatively concentrated, merchants or still is given priority to with money back; The early stage of the stainless steel with merchants for shipment, lowering the market price, but the effect is not ideal, the recent business temporarily stable market sentiment. Futures, hot rolled coil plate futures prices rose again today, or 30 yuan, already rose to 2622 yuan. Coal, iron ore has a weak stabilizing trend today, but the ability to keep steady, needs further research. But at present the strong trend of these factors, the stimulating effect of the demand for terminal is smaller. The short-term market is expected to price or will be disadvantaged consolidation. Today, in the northeast cold-rolled prices began to appear slightly loose, especially the stock market under high pressure, merchants first in order to ship, had to cut prices. Other markets such as north China, east China, northwest area recent inventory pressure is small, delivery speed, combined with steel plant of relatively low inventory on the price a little support. Southern markets, recent market resources is relatively abundant, owing to pouring into the northern low resources, was hit, pricing businesses will more obvious and decline has widened. Overall, cold rolling is still in the lower prices now, inversion phenomenon appears on the market, merchants had winter will lower, in order to reduce risk, merchants are mainly composed of active shipments to inventory. Though as of the time, billet prices 10 yuan, reported in 2010 yuan/ton, but when it comes to raw material costs of the current market environment to support the spot market, is some little meaning. In the short term, the bad news is still on the market, the more the merchants for afternoon still doesn't look good. For this reason, in the short term is expected to domestic stainless steel market prices or will continue to fall.
