The late support remain - stainless steel with resource cost Tianjin stainless steel co. , LTD

Late for the market, businesses more cautious, said steel mills to leak is a short-term behavior, concentration and production tonight or tomorrow, will gradually returned to normal production, prices space is very limited. In the downstream demand is under the condition of light, the market clinch a deal finally also is not very optimistic. Local businesses have complained, downstream occasionally order when demand does not deal in time, merchants said 'struggle'. Still more strong will, but local businesses a price well mentality, recent local material market is expected to give priority to with stability.
the hong kong-listed expected positive, steel trade, an increase in the price of resources at the bottom of the small, but the market terminal procurement is generally not seen. The author believes that the current market rebounded quickly recover time is not yet ripe, short-term is expected to slow in cold-rolled price stability in the positive, the adjustment range is still limited. Other steelmakers resources are relatively few. According to incomplete statistics, market overall construction steel inventories in 70000 tons, inventory is still in the downlink channel. On average, construction steel prices in the short term is expected to local market or give priority to with consolidation on the sidelines. Steel exports continue to remain high, and so on, but cold rolling market has not signs of a rebound, investigate its root cause lies in the contradiction between supply and demand of cold rolled still further sharp, in a highly profitable, the size of the cold rolled steel production maintenance is relatively limited, and the downstream stainless steel belt demand continues to intensify contradictions between supply and demand, under pressure from money, businesses only in price, in quantity, low-cost resources to the market impact is bigger. In the short term, prices will continue to test.
although the futures market warm their heart, but the hot rolled plate roll of spot market in Shanghai temporarily do not have prices, together with stainless steel with partial businessman is willing to low price promotion, mainstream and spot price can only hold on the sidelines. Clinch a deal the data from the market, low price sales, more expensive resources can only be sold in specification differences. The personage inside course of study points out, in the short term in the Shanghai area attack on hot-rolled coil prices it is difficult to effectively, and the north steel production gradually returned to normal, the hype factor is about to expire, the spot price is expected to continue to narrow. In north China steel production of large area, the recent arrival significantly reduced, while shagang, rizhao, masteel new also fewer goods supplement, such as stainless steel belt market available resources, business inventory pressure is not big, so yesterday domestic hot coil price consolidation trend is strong, but the off-season downstream demand is not prosperous, clinch a deal difficult to improve, merchants cautious, accompanying the shipment is the mainstream. Steel mills, a bellwether baosteel introduced New Deal in December, hot-rolled remain unchanged, but the order in advance for 150 yuan/ton, according to steel mills in foshan caution, and then other steel mills or follow up this action, the late stainless steel band resource cost support. In conclusion, hot coil prices overall consolidation is expected today.