The current basic stagnation - 304 stainless steel with demand Tianjin stainless steel co. , LTD

With lower domestic individual regions coke prices last week, this week, there are still a few areas with small drop phenomenon, amplitude in 10 - 30 yuan ( Tons of price, similarly hereinafter) In between. Coke industry overall is relatively difficult at present stage, the thick plate in the industrial chain of the intermediate links, the embarrassing position increasingly highlighted. Fall in the cost of raw materials, steel mills on coke procurement prices, under the condition of 304 stainless steel belt was forced to cut price of coke. At the same time near the Spring Festival and good policy, under the influence of expected coke will remain weak state next week. Domestic steel billet prices continue to test, to new lows, and the market clinch a deal is still no improvement. It is understood that the current blast furnace of tangshan area utilization is high, and the downstream rolling enterprise production is more, lead to the contradiction between supply and demand of steel billet. Funding pressure should not be ignored at the same time, although the repayment peak have survived, but the iron and steel industry the new loan approval is very difficult, so the steel mills still face greater pressure. In addition, environmental protection, export, raw materials, etc. The situation is not optimistic, and the downstream enterprises although have to stock up ahead, but still is given priority to with watching, dare not rashly, so steel billet market vulnerable situation will continue next week, prices remained downside risk. 304 stainless steel belt
in hong kong-listed weak big background, the domestic ore market more pessimistic, mine enterprise production increased, on the one hand, influenced by the lunar New Year holiday, on the other hand is caused by the market downturn. Imported ore market is still 'strong', port spot market prices slightly lower, and the forward spot prices recover from signs, such as iron and steel enterprise demand purchasing long-term spot will still strong, poor cash flow is the main reason for the manufacturers to buy futures. The lunar New Year holiday will come, domestic steel and upstream and downstream of the enterprise's desire to have closed for the festival in advance, therefore further increases in domestic production of mining companies, import ore resources supplement will enlarge market prices rose slightly. Comprehensive analysis of the recent import ore market or rally now, domestic ore market remained stable. After entering this week, billet decline continued, however, as the steel mills losses continue to increase, in the European standard plate falling speed will slow down. Especially at carbon billet is close to 2000 yuan mark, it can be seen that steel is to continue to cut steel billet prices. But not to end demand, careful operation and downstream factory, make the whole 304 stainless steel market continues to weaken, so the late tangshan billet break 2000 yuan is inevitable. But it is worth noting that the face has been below the historical position of the billet market, many downstream is plan to stock up. It is understood that since last year had winter steel businesses almost all ended in a loss, so this year to stock up more cautious of the manufacturer. Even if the current European standard plate price already fell below their expectations, but most still feel hesitate to replenish onr's stock, now only a few bold merchants have a small amount of inventory. In the leading cities of tangshan billet prices fell for a drag on, other domestic market price of steel billet has been dropped. But due to many parts of the billet market transparency is not enough, so many steel mills offer inflated or suspended, more than the actual clinch a deal is given priority to with a single meeting. It is understood that the current 304 stainless steel with the stagnation of the basic demand, many steel mills have been discontinued. Resource oubiao medium plate is not much, most of the steel mills will billet rolling material into a finished product. For such a cheap steel billet market, some steel billet factory orders even suspended. Jiangsu market price is relatively high, largely because of the early stage of the local steel mill order is more, some factory orders have row to the end of the month, so the recent sales pressure is not big, so the prices have been high up.