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The late stainless steel belt - supply and demand two weak condition still is shown Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-06
Recent stainless steel belt, though not significantly increase, but the shortage of resources available, and the overall price is in low since 2009, this part manufacturers inventory to the will of the strong, the market overall volume is limited. Imported ore, iron ore of financial derivatives market stimulation, harden and hurricane Australia climate impact ore subject hype, such as shipping, ports, reduced inventory, ports and forward the spot market in varying degrees of rose. And the weak steel market performance of iron ore market was also a certain degree of suppression, tangshan area billet market price below 2100 yuan, Tons of price, similarly hereinafter) Barrier to new lows, the domestic main varieties of steel prices also have varying degrees of decline, the iron and steel enterprises for iron ore prices well be indifferent attitude, although mainstream varieties spot ore resources is relatively scarce, but steel mills purchase frequency control, suppress the ore prices continue to rise. Standoff in the late iron ore market supply and demand both sides or is expected to a period of time, the overall market will give priority to with consolidation state. Stainless steel belt prices downward, casting pig iron market weak stability. Raw materials imported ore market shocks, domestic ore market slightly weak, coke market this week, tend to be weak, prices are rising expectations. General shocks billet market this week, the overall market volume is relatively light. As a result, the steelmaking pig iron price swings down this week, clinch a deal the slightly thin. Steelmaking pig iron market now wait-and-see atmosphere is strong, the downstream demand. Casting pig iron how high to low the price, clinch a deal with a single discussion is given priority to, more slightly weak. Comprehensive above factors, the domestic pig iron market next week is expected to more than with stability is given priority to, do not rule out the possibility of falling prices. Weak steel market, steel prices fell to suppress the ore price rise. Price of steel billet in tangshan area as an example, the end of 2014's carbon billet prices since he dropped to 2190 yuan, up to now has dropped to 2090 yuan, a week's time down to 100 yuan, key areas building materials prices also fell 40 yuan, and domestic iron ore prices basic is not too much adjustment, imported ore port spot prices are slightly with adjustable, but the overall price still relatively early have rallied, however, either upstream or downstream market deviating performance don't last long, the iron ore market is difficult to get rid of the influence of the overall hong kong-listed weak, late even if not obvious drop, increase the possibility of also too won't big.
iron ore market into the seasonal sales off-season production, on the one hand, imports of ore resources in January and February will be concentrated to the port, is mainly caused by the buyer of the stock in advance, a certain inventory level, for the recent spot resources procurement are slow. Mine choose domestic enterprises, on the other hand, has been largely into the fallow period, low market prices and production, which resulted in the reduction activity of iron ore market, for this supply chain. To sum up, the late stainless steel belt, two weak of supply and demand condition still is shown only partial businessman bet afternoon will bring certain support to prices, for this iron ore market is difficult to have obvious adjustment, present state of consolidation.
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