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The manufacturer of stainless steel belt strength strong to promote the shipment may be downgraded again - quotation Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-06
On Monday, with stainless steel futures harden board, and then imported ore forward spot prices have to rise, platts iron ore index reached the highest one-day advance 2 dollars ( Tons of price, similarly hereinafter) Bullish improved significantly, manufacturers, port part of the popular varieties of tight spot sales happening, other spot varieties with higher 5 - quotation 10 yuan. In the iron ore price rise under the drive of financial derivatives, the spot clinch a deal the price, though not much higher, but the early stage of the shipments are improved markedly. In this rebound in the imported ore market, and the domestic ore market is still in haze, continued low prices make production quantity increased in mines, clinch a deal the situation well be a depression. Or have obvious rebound is expected in the near future iron ore market.
run continued weak domestic scrap steel market, resource deals. Recent domestic stainless steel with market movements, steel procurement demand downturn, the varieties of materials such as scrap steel to take low inventory reserves.
the price of scrap steel has dropped to the level of a decade ago, manufacturers pessimistic attitude. Double low scrap steel market circulation of resources, supply and demand, the businessman cautious, most take fast into the fast mode operation. The recent domestic steel scrap market is expected to continue to small adjustment. Domestic silicon manganese market overall trend to the weak. Northern starts relatively stable, individual enterprises carry out the policies of the limit production quotation, but so far little; Southern spot market is relatively abundant, steel demand purchasing difficulty smaller, strong retail prices, but as traders pay good procurement can relative to low-cost resources. More payment due to the steel mills, traders on the premise of clear have profit space, can't participate in trade, so the whole silicon manganese market into the steel mill directly deal with manufacturer, lack of traders in the market as a whole is relatively cold and cheerless, short term is difficult to walk. Domestic stainless steel belt market weak consolidation.
comprehensive consideration, weak domestic pig iron market next week is expected to hold steady. Well while individual iron works this week shipments, but iron works, said is still in a rational view, prior to the actual demand to completely, steelmaking pig iron prices there would be no big changes. Next week, therefore, steelmaking pig iron market will continue to give priority to with steady running, don't rule out the possibility of fluctuated according to the steel market change. Casting pig iron market this week with a small consolidation is given priority to, the iron works have different shipments, clinch a deal with a single discussion is given priority to, more some ironworks inventory after sell-offs have to digest, but the overall market demand is still not see obvious improvement. The south part of smaller iron works due to the large inventory and capital pressure face collapse, some have even begun to sell off the blast furnace. Due to falling demand, overcapacity in the downstream of casting industry, casting pig iron market prospect is not optimistic. Next week the casting pig iron market is still weak, the manufacturer of stainless steel belt strength strong offer for shipment may be downgraded again.
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