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Stainless steel with weak trend does not change - 304 Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-05
Opening today, 304 stainless steel with weak trend does not change.
Spot prices on the way to fall away, and the traditional off-season and weak demand, businesses only by constantly adjust the price to ensure that the shipment, it's a pity that the terminal purchasing progress is slow, unable to add vitality to the market, the market clinch a deal the whole light.
In rainy weather today in Beijing, it is bound to bring merchant shipping, the early stage of the steel price also failed to save decline, merchant ship is still a low price is higher, large shipments in 500 - a day
2500 tons.
Main rebar in east China market is still falling, leading steel mills in the fight against the northern resource prices, still need to fight with local low-cost resources, three line brand resources and a downward, but dragged on overall market level, feedback from the market, although the weather is good, but the site needs not always improved.
Demand is poor in northwest China, xi 'an area is outstanding, the spot resources constantly refresh low, but can't get sold to end customer, Long Gang price walk in the front at a lower price, although have steel price to 2100 yuan/ton level, but the market still has broken a clinch a deal.
Most southern city into a falling trend, chengdu, chongqing, wuhan, changsha, drop 10 -
30 yuan, the rainy weather will affect local sales for a long time.
Overall, the domestic steel demand weak cannot alter, everywhere merchants parity sales, watching each other, in the absence of significant positive factors, the author expects to domestic 304 stainless steel belt or tomorrow will continue to be weak.
markets, according to the business market today this weakness makes most stores inventory control in the low post, how to sell existing stock is given priority to, for part of the specification is less then the pipe factory direct delivery, so the market circulation of resources shortage, but due to the steel mills policy late fall and continued losses in a row, merchants for avoiding risk, order enthusiasm is still poor, medium term market resources are difficult to substantially supplement, the downstream enterprise overall demand gradually into the off-season and purchase attitude cautious, the market overall procurement volume has shrunk, business to market outlook still doesn't look good. When it comes to the afternoon market in the short term is expected to local seamless tube still is given priority to with weak steady running. At present, 304 stainless steel belt running status does not change, clinch a deal the weak, low profit, high output state is still in continue. Around and now has entered the high temperature and rainy season, and indeed, the summer harvest, short-term construction engineering construction schedule will be affected by a certain, will inevitably make building pipe limited demand release. In addition, the present business is still maintaining low inventory operations, under the condition of the ship less, inventory enthusiasm is not high also. Overall, how to price difference is still small, can be seen from the recent careful operation and tube factory, welded pipe prices continue to lower space is limited; And individual areas galvanized pipe and welded pipe price difference is still slants big, therefore the galvanized pipe factory price still have certain to fall. Steel mills reaction, after the concentration of strip steel factory price is cut this week, the market appeared periodic inventory, so steel factory shipped nearly two year ago slightly better. And the market clinch a deal is still light, around traders offer consolidation for weakening trend. Is expected this week after the inventory, the market will return to the downturn. Overall, short-term 304 stainless steel with the continuation of shakeouts pattern.
markets, according to the business market today this weakness makes most stores inventory control in the low post, how to sell existing stock is given priority to, for part of the specification is less then the pipe factory direct delivery, so the market circulation of resources shortage, but due to the steel mills policy late fall and continued losses in a row, merchants for avoiding risk, order enthusiasm is still poor, medium term market resources are difficult to substantially supplement, the downstream enterprise overall demand gradually into the off-season and purchase attitude cautious, the market overall procurement volume has shrunk, business to market outlook still doesn't look good. When it comes to the afternoon market in the short term is expected to local seamless tube still is given priority to with weak steady running. At present, 304 stainless steel belt running status does not change, clinch a deal the weak, low profit, high output state is still in continue. Around and now has entered the high temperature and rainy season, and indeed, the summer harvest, short-term construction engineering construction schedule will be affected by a certain, will inevitably make building pipe limited demand release. In addition, the present business is still maintaining low inventory operations, under the condition of the ship less, inventory enthusiasm is not high also. Overall, how to price difference is still small, can be seen from the recent careful operation and tube factory, welded pipe prices continue to lower space is limited; And individual areas galvanized pipe and welded pipe price difference is still slants big, therefore the galvanized pipe factory price still have certain to fall. Steel mills reaction, after the concentration of strip steel factory price is cut this week, the market appeared periodic inventory, so steel factory shipped nearly two year ago slightly better. And the market clinch a deal is still light, around traders offer consolidation for weakening trend. Is expected this week after the inventory, the market will return to the downturn. Overall, short-term 304 stainless steel with the continuation of shakeouts pattern.
