The market pessimistic atmosphere - 304 stainless steel belt
Tianjin stainless steel co. , LTD
The market pessimistic atmosphere - 304 stainless steel belt
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-09
Recently, the upstream market prices vulnerable to attack again, now 304 stainless steel band gap smaller, coupled with the recent product material delivery, expected late billet prices remained small risk reduction.
Markets, due to the tube factory prices are lowered, the local weld pipe prices to fall slightly, but the shipment is still not improved markedly.
Merchants said that this year, new start market remained quiet situation, traders pessimism is more obvious.
Most market with the national, local traders conservative operation, inventory is a small amount of replenishment operation to reduce the pressure.
In view of the current market situation, afternoon in urumqi, welded pipe market prices will be disadvantaged consolidation.
Just now the overall market development, in the short term domestic hot-rolled prices or will continue to be vulnerable.
Parts of resources, the resources have been added to the basic complete specifications;
But most of the region still little market resources, individual specifications are in short supply;
Parts because of the arrival of the goods, the businessman delivery pressure, this or on the market price.
On demand, most merchants to reflect, the market demand is less, the market price movements do not look good.
Beijing the price slightly callback, mainly is the partial large shipment yesterday, today slightly callback price, but the impact on the whole market is small, belongs to the regional adjustment for the time being.
casting pig iron weakness still this week.
Vulnerable downward upstream raw materials, pig iron market support dynamics is insufficient, and the downstream demand is weak and late pig iron market is not clear, lead to traders operating carefully, feel hesitate to replenish onr's stock, so the pig iron market clinch a deal the downturn.
At present, although some iron works offer a little higher, but the actual clinch a deal is possible, so the market mainstream clinch a deal the price to low.
Market, the end demand is insufficient, the upstream raw material steel billet and strip steel prices also fell in the channel, as a result, 304 white steel factory price fell over the weekend, weifang local market after yesterday with adjustment, choose more today temporarily on the sidelines, but north China tube factory galvanized pipe factory price continued to fall, the market outlook is expected to pessimistic.
Business market reaction to the current situation is still not ideal, this wave of continuous price adjustment in end demand purchasing more cautious, businesses actual transaction upfront slightly weaker relatively.
The current market has been a passive digest inventory, traders purchase enthusiasm also are active, most businesses now at about 2000 tons of inventory.
In the short term is expected to weifang galvanized pipe prices will be weak.
Domestic coke market continued decline last week, this week to continue to fall, drop in 20 -
40 yuan (
Tons of price, similarly hereinafter)
Clinch a deal between, the market is still weak, coke mills, traders mentality pessimistic, late to market does not look good.
Inventory due to the downstream steel demand is relatively low, the coke market is relatively abundant, most areas downstream buyers purchase intention is not strong, market continues to lower than expected.
And under the steel mills cut coke procurement prices down, delivery pressure, jiao qi said 304 stainless steel belt market pessimistic atmosphere.