The 304 stainless steel with merchants are basically on-demand procurement - Tianjin stainless steel co. , LTD

Although the recent 304 stainless steel to produce, and speed up shipments into the spot market, but also in transit, spot market for resources limited amount that the arrival of the goods; Thread screw small variety specifications such as shortage phenomenon is still outstanding. Current downstream replenishment is not positive, purchase on-demand dispersion is given priority to, such as weak spot market clinch a deal, the double weak steel market continues to present supply and demand structure.
weak instability patterns in the overall national profile market prices this week, the north steel mills have comprehensive rehabilitation, tianjin west H section steel plant resources are gradually replenished, despite the brief tangshan billet prices, some steel mills have to raise prices, midweek but helpless downstream demand was weak, basic no city also has a price, the late merchants in order to delivery can be bargaining to clinch a deal, there is no significant positive, macro market basically in a state of wait-and-see. While the market has repeatedly tried to pull up, but because of weak demand, the market in the later reversed earlier gains after stabilizing, the overall situation is still in the short term deviation, because has enter winter, combined with the upstream ore market continued weakness, the majority of billet afternoon do not look good, so the operation is still cautious. Has gradually into the steel demand off-season, more market specifications missing in the case, the market still maintain wait-and-see state, despite slightly late this week, the market clinch a deal, but the market overall strength is still inadequate, the 304 stainless steel with merchants are basically on-demand procurement, very few of the phenomenon of stock up. Combined with peripheral market changed, the market mentality tend to be more gentle, in addition, with the temperature decrease, steel market off-season effect appeared gradually, the supply and demand state estimation of two weak until early next year, weak profile market next week is expected to maintain steady pattern. Affected by price swings back nearly two days billet, bar shipments and poor, causing prices to fall, leading many wait, the market outlook is expected, though poor, but still is given priority to with shipment, but low price for volume stimulus is limited, near the end of the month, financing area relatively tight, businesses take the initiative to benefit will is not strong, the market is like in a stalemate. Weakening economic momentum is insufficient, investment expected to drag on economic growth in the fourth quarter, under the premise of the weak environment, on the surface of the material is difficult to get macro positive stimulus. In addition, the tightening on the financing side also is not a good news for steel industry, and it also must go through pain to the industrial upgrading transformation. Taken together, as the weather is getting cold, site construction, material demand decline gradually. As their production measures after cancel, stock market rebound again, again intensify contradictions between supply and demand, businesses for afternoon mentality is more pessimistic. Near the end of next week, the fund pressure is also on the agenda, 304 stainless steel belt or next week is expected to continue to fall modestly.