Strong prices - 304 stainless steel belt Tianjin stainless steel co. , LTD

Lead to steel mills drained a pressure, and with the holidays approaching, the iron and steel enterprise spending will increase sharply, with bank lending to iron and steel industry is insufficient, so the money is still a bit nervous in the industry. As downstream demand fell to year low, limited procurement has been difficult to spot steel prices around, and 304 stainless steel belt in cold water again, confidence in the market is weakening, merchants for shipment before the Spring Festival has been held out much hope. In addition, before the Spring Festival, steel trade enterprise work center of gravity will gradually by the direction of the plate storage each shipment to finance, such as transfer, focusing on the market weak, and the existing message surface that makes the market expected after the Spring Festival is not strong, the whole, the market mentality is weaker. Tangshan billet prices steady running yesterday. Early this morning, now the local carbon billet 150 ex-factory price 2980 yuan/ton. Current with drop in tangshan finished product material stability, clinch a deal, the downstream demand purchase billet, although the finished product shipment material is not smooth, but circulation of billet resources still nervous, most merchants think that now the price is low, rised mood, shipment will is not strong, combined with the money in early pressure eased, some traders intend to stock up, is expected to price today is given priority to with stability. In hong kong-listed rebuilding inventory at the same time, the domestic spot steel prices still continued weak shock trend, combined with the fed starts to shrink from month to month so unexpected, make steel industry funds. Because of financial reasons, the businessman manufacturer mentality is not very good, 'closed' hong kong-listed entering domestic market, trading in a trough, and steel had winter didn't start, combined with increased tension conditions on the financing side, by the end of the operation of the market price to cash may be increased, raw material costs are in retreat, enhance the supply pressure, steel plant resources in the arrival of the goods so at the end of the year the domestic steel prices to continue to shock weakening. The downstream procurement is still relatively weak, for the price boost co. , LTD. For traders level operation, although prices fell slightly, but most of the trader's price will also more strongly. 304 stainless steel with strong prices, recent market the arrival of the goods, after the overall stock fell. Compared to handan, tianjin and other surrounding markets, medium plate prices have been cut, but the tangshan market prices remain strong, on the one hand, years inventory increase is less, the plate market fund pressure is not big; With hot roll down price forming, on the other hand, it is extremely rare in recent years, once the batch the arrival of the goods, the plate prices callback risk of late. After the Lantern Festival, the downstream capacity increased, demand recovered, but the cost of support is weak, the recent rise in price of power is still insufficient, medium plate prices is expected to continue weak consolidation. Given the downturn in the futures market prices and the spot market clinch a deal the situation is not ideal, chongqing spiral steel traders in early trading, the weak electricity, not plate such as YanGang, tonghua fell to 2560 - cheap resources 2570 yuan/ton, the mainstream price impact, while some businesses still maintain high prices, but volume very little. Due to inventory pressures continue to heat up, business confidence in the short term, but in March hot volume production enterprise maintenance and production on the high side, and with the downstream demand improvement, are less likely to spot prices fell sharply, which is why some businesses are reluctant to rapid price. As for today's spot price trend, the author thinks that the weak pattern will not change, in the short term delivery or the primary problem, so do not rule out 304 stainless steel with businesses continue to price promotions.