The market price is still likely to shock back - stainless steel belt Tianjin stainless steel co. , LTD

As the weather gets cold gradually, the downstream with a stainless steel demand downturn, merchants negative mentality. Due to the gradually shrinking demand, merchants delivery pressure increasing, coupled with the recent Shanghai market cold-rolled especially cold plate resources relatively abundant, under pressure from money, businessmen acceleration with price in quantity, low resource emerge in endlessly. Wuhan cold-rolled weak steady, the businessman to clinch a deal is slightly better, iron ore prices, the cost of support further weakened, merchants are not optimistic about future expectations. Expected short-term domestic cold-rolled prices continued weak steady running. And at the end of the year approaches, shortage of funds, reduce the purchase quantity to hot and cold plate, basic not large inventories, buy now mostly used, and the lower purchase price as soon as possible. Therefore, cold and hot plate in the late market demand will shrink, price won't appear obvious rising market. Chongqing Q345B steel channel market cheap resources stainless steel belt, weakening of the current market demand, a large volume are below 1000 tons, while the overall inventory is low, but not out of stock, and the recent foreign resources have the arrival of the goods, downward pressure. Overall, due to the lack of demand, prices may continue downward.
today's domestic steel prices continue to range trade, long bar and plate movements appear differentiation, including construction steel prices continue to fall, present the wave pattern of box, stainless steel belt products from the point of long products, the price advantage is not obvious, and effects such as subject to the real estate market policy, the construction steel market have obvious decline in steel demand, adverse to the relatively long material products movements, plank market is subject to the overall flow discontinuity, shortage of resources, the overall price performance is relatively strong, the overall resource production rhythm, its Chinese feng furnace fails, short-term impact on the quantity of the plate, PuYang steel blast furnace shipments, also to the market's price expectations. However, following the economic data in 8, 9, 10, after a sharp drop in China's manufacturing PMI HSBC released November initial value matches the break-even mark, and the minimum 6 months, according to the current our country remained downside risks to economic growth, at the same time as the industry downturn and hong kong-listed credit compression, hong kong-listed of credit risk is also increasingly obvious in recent, before the end of money collecting pressure also or will be in hong kong-listed embodiment, therefore, in the short-term is still difficult to get rid of the weakness.
can be predicted from these factors, reflecting the recent domestic market 'hot strong cold the weak', 'uneven and' will continue, and the characteristics of a short-term internal volume market price is given priority to with consolidation, stainless steel with the market price is still likely to shock back, still have to fall.