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Stainless steel with more solid - at the bottom of the market Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
As the weather continues to recover, the downstream site starts to increase, ready for the market demand will rebound to a certain extent, the market trading volume gradually active, together with the release of the new urbanization planning, there is also a strong trend below the market support.
Last week, stainless steel belt, the pattern of market prices ended down, turn the tone is given priority to with rose slightly.
Although less, but the ascension of the whole market atmosphere play a decisive role.
Plank market performance is differ, hot-rolled coil gaining up before falling, medium thickness plate and manufacture volume consolidation remains.
Spot market clinch a deal the performance generally, but compared with the previous there are some signs of improvement.
analysts said, as the weekend end demand weakened gradually, especially the market transaction is becoming more and more weak, thus making this week after the opening, the market atmosphere relatively cold and cheerless, partial businessman offer to continue a bit, in order to promote a deal. But there are also a few new market to relatively fewer resources, so the price aspect is relatively strong. However, given the current market prices are still low, especially in nearly two days steel settlement policy is forthcoming, so there seems little point in various businesses continue to deep down, so the price rise space also is not big.
with the recent continuous adjustment, the domestic hong kong-listed building is close to or at the bottom of the basic form. Clinch a deal while also seem to be some light, but before the domestic steel market prices have a downward adjustment phase has been broken, appear slightly agents, including construction steel outshine others, out of a modest gains. Is more solid at the bottom of the price, the hong kong-listed will continue to reserve forces and the upward momentum, combined with recent national policy of steady growth, the hong kong-listed for good general trends is forming, ready to rise the price. At present, the hong kong-listed is climbing upward from the bottom of the stage. Affected by the weather warming, the increase of the site starts to drive the rise of the amount of the purchase, stainless steel belt market clinch a deal the previous change, social comprehensive inventory down, rising domestic steel price index also welcomes, confirm the hong kong-listed quietly warming trend. Macro aspect, recently published by the state planning new urbanization, thus promote infrastructure construction speed, vigorously carry out the housing projects, and residents' consumption structure change and so on will bring positive influence to the hong kong-listed, overall to the good trend is emerging. In January this year and last year's August on emerging markets 'dumping' is just the prelude to a bigger crisis, when the fed to start raising interest rates, difficulties facing the market is more bigger than now. Draw lessons from history, whenever a larger global capital flow changes, emerging markets will appear larger fluctuation, dong tao think this is no exception. Basic is to rely on emerging markets in recent years, the consumption of investment capital inflows to maintain a balance of payments, the hot money flows to change once the fed monetary policy changed, its budget deficit and the current-account deficit becomes unsustainable, emerging markets in the capital will also depend on the us up. In addition, on the demand of the real economy, if demand in China is not a big rebound, emerging market economies will also through many challenges. However, although more solid stainless steel belt at the bottom of the market, but demand release degree has yet to be promoted, climbing upward price slightly hard, accumulation of kinetic energy is not sufficient.
analysts said, as the weekend end demand weakened gradually, especially the market transaction is becoming more and more weak, thus making this week after the opening, the market atmosphere relatively cold and cheerless, partial businessman offer to continue a bit, in order to promote a deal. But there are also a few new market to relatively fewer resources, so the price aspect is relatively strong. However, given the current market prices are still low, especially in nearly two days steel settlement policy is forthcoming, so there seems little point in various businesses continue to deep down, so the price rise space also is not big.
with the recent continuous adjustment, the domestic hong kong-listed building is close to or at the bottom of the basic form. Clinch a deal while also seem to be some light, but before the domestic steel market prices have a downward adjustment phase has been broken, appear slightly agents, including construction steel outshine others, out of a modest gains. Is more solid at the bottom of the price, the hong kong-listed will continue to reserve forces and the upward momentum, combined with recent national policy of steady growth, the hong kong-listed for good general trends is forming, ready to rise the price. At present, the hong kong-listed is climbing upward from the bottom of the stage. Affected by the weather warming, the increase of the site starts to drive the rise of the amount of the purchase, stainless steel belt market clinch a deal the previous change, social comprehensive inventory down, rising domestic steel price index also welcomes, confirm the hong kong-listed quietly warming trend. Macro aspect, recently published by the state planning new urbanization, thus promote infrastructure construction speed, vigorously carry out the housing projects, and residents' consumption structure change and so on will bring positive influence to the hong kong-listed, overall to the good trend is emerging. In January this year and last year's August on emerging markets 'dumping' is just the prelude to a bigger crisis, when the fed to start raising interest rates, difficulties facing the market is more bigger than now. Draw lessons from history, whenever a larger global capital flow changes, emerging markets will appear larger fluctuation, dong tao think this is no exception. Basic is to rely on emerging markets in recent years, the consumption of investment capital inflows to maintain a balance of payments, the hot money flows to change once the fed monetary policy changed, its budget deficit and the current-account deficit becomes unsustainable, emerging markets in the capital will also depend on the us up. In addition, on the demand of the real economy, if demand in China is not a big rebound, emerging market economies will also through many challenges. However, although more solid stainless steel belt at the bottom of the market, but demand release degree has yet to be promoted, climbing upward price slightly hard, accumulation of kinetic energy is not sufficient.
