The domestic market price decline more than - 304 stainless steel belt Tianjin stainless steel co. , LTD

Today's opening, the domestic market price drop more than 304 stainless steel belt. Than price fell 31 yuan yesterday, the domestic top ten key cities prices fall to some extent, tianjin biggest losers, accumulative total of 80 yuan, the other a second-tier cities prices also began to appear modest decline tendency, in the steel trade business pessimism has continued to spread, domestic hot-rolled coil plate market prices there are even signs of increase. Opened today, although the dow repeatedly brush out high, but the domestic capital market continues to maintain a narrow weak and volatile situation, futures reappearance, electronic trading losses, pessimism quickly passed to the spot market, led to the steel trade company downgrades of bidding, make originally very low hot markets more depression. Looking forward to the downstream demand already start still very slow, and around the steel trade business on the back of inventory pressure, cut offer, have begun to dominate the market mood more pessimistic, late to market bullish expectations of further cooling. But the increase of the price decline has not driven market volume, most businesses reflect volume is still very weak. Terminal demand, besides some have orders for steel enterprises, most of the procurement downstream remained wait-and-see posture, and the two sessions is not over yet, some businesses are still waiting for whether the advantage good policy. Current resources in March, and the price on the market in succession, in many parts of the selling price situation more and more serious, businesses are faced with the difficult and more severe, but steel mills are still no signs of lower prices, 304 stainless steel with market or will continue to be difficult. Overall, the output pressure, social inventory had a slow start to rise sharply, the downstream demand, makes the current hong kong-listed pressure slants big, therefore, estimates that domestic hot-rolled coil plate market in the short term will continue to consolidate a weakening trend.
although for this music from the investment of the largest in the history of the 'big MAC' project, operators and joy from the township governments have expressed strong confidence. But in the case of the sluggish domestic iron and steel industry as a whole, the music from operating prospect of the steel in the world still has caused concern from the outside. To this, lecong mayor Xie Shunhui admitted that iron and steel industry in the last year the situation is not optimistic, all the year seamless steel tube industry overcapacity problem in low temperature is still haven't been solved fundamentally. After nearly two years of preparation, with a total investment of over ten billion yuan le from steel is about to open in the world, and it also means that after 30 years of music from the steel market - — This and foshan shunde economy, one of the largest professional market will move to a 'new home'. Yesterday, music from the township government held a press conference announced that music from steel world will officially open on March 30, the first batch of a total of more than 400 steel trade merchants will be in the same period. -- -lecong town mayor Xie Shunhui said the new music from steel world built and put into operation, will drive the music from the steel market from the hub of the country's largest iron and steel trade, to regional trade headquarters of global iron and steel enterprises. Although steel market is one of the country's largest steel trading hub, but industry distribution is extremely scattered, difficult to cope with industry development situation in the future. Conference, Xie Shunhui also old steel market area residents ate a 'too-big-to-fail', he said, 304 stainless steel belt market area will be included in foshan city core area of the unified planning, mainly building foshan new high-end residential and commercial area of the city, and start the reform plan years to complete.