Temporary give priority to in order to consumption inventory - stainless steel belt factory
Tianjin stainless steel co. , LTD
Temporary give priority to in order to consumption inventory - stainless steel belt factory
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-09
Raw material market rally this week, stainless steel belt factory temporary give priority to in order to consumption inventory, billet clinch a deal to turn pale prices dropped sharply, ore prices is also a bit, other varieties haven't changed much.
From the demand, the current strip of tangshan region starts rose 4% to about 75%, profile fell 7% to 69%, the demand situation well.
But because the previous price relatively large increase in a row, the downstream enterprise profit space is continuous extrusion, purchasing motivation.
The domestic market price of steel billet next week is expected to continue to shock adjustment.
'A slight rebound in the third quarter is expected in the fourth quarter economic data, it will form a short-term boost.
'Jing-jing zhang analysis, overall, some varieties of black is still in a bear market pattern, in the case of fundamental economic data and individual preferences will be short-term rebound.
Period caused short-term price rebound restorations are spread.
But fundamentally, due to steel export orders are concentrated in September, for domestic delivery, caused the phases in the domestic market in short supply situation, so the short-term spot price of stainless steel belt still does not have sharp downward momentum.
the current policy face a number of good while releasing, but steel mills generally wary, supply has not decreased significantly.
The raw material price high back.
The early stage of the price surge, but this week must fall, early mainly distributed around Beijing area during the APEC meeting steel plant, the influence of the shortage of resources, purchasing actively;
But since this week, as the timber volume reduced, billet higher power is insufficient, so high have dropped 80 yuan/ton.
The iron ore market fluctuated, clinch a deal, businesses remain relatively strong wait-and-see attitude in general.
On the one hand, clinch a deal the price movements of combining case last week, showed a stainless steel belt market continues to push up the basis of inadequate, although after continuous rise, drives the rise in trading volume, relieve trader pessimistic atmosphere, digest part of the stock market, but the data show that steel crude steel production is not cut sharply, market supply pressure remained.
In the meantime, out of capital and the problem of inventory, the iron ore market continue to slump, steel procurement enthusiasm is not high, ore price rebound is unable to follow up.
The pressure of supply and the weakness of the mining city, is likely to restrict steel prices continued to rise space.
On the other hand, the past two months, as the QE policy gradually withdraw from, the dollar index rallied, sharply higher, the dollar index strong international commodities market have different degrees of inhibition effect, lead to global futures markets, especially oil, metals, such as sharply lower, drag on steel futures prices, lead to market traders mentality affected, continue pushing the sale of lack of confidence.
at present, the end demand is not ideal, the restriction of the money supply and, businesses lack continue to push up the basis of, in the short term, given the goods to cash, fall bags for psychology, steel price or will shock consolidation.
The development of any industry, is inseparable from the national conditions, industrial structure, and the global economic environment, especially the industrial structure determines the various industry development direction and product positioning, it is not only the requirement of the market, but also respect for the economic law.
At present, China is still in the process of industrialization and urbanization, therefore the demand for steel is regarded as the main;
And China's manufacturing industry is in the stage of extensive development, the product more technlogy, stainless steel sheet belt for high precision real sharp demand is relatively limited.