The price of 304 stainless steel with a rebound after - the risk of facing down Tianjin stainless steel co. , LTD

304 stainless steel with domestic market movements this week also appeared more obvious differences, regional price of hot-rolled coil, plate, and overall volume manufacture market prices fall. Hot rolled plate volume rebound in areas such as Shanghai, guangzhou, tianjin, handan is an active market, futures rebound in hot rolled coil plate leads higher, with the other area. And overall volume manufacture market prices continue to lower, due to its relatively lagged prices, hot rolled coil plate futures, spot the rally can drive for cold rolling direction for the time being. Market active this week, and medium plate steel plate in the areas of wuan lock price ex-factory price rose from 2500 yuan to 2550 yuan, and the steel mill order volume rebounded sharply, PuYang mills day order quantity is more than 50000 tons, more than the previous prices during at least double the amount of other steel mill order quantity also rebounded sharply. Handan steel price increase, drive market prices slightly higher and the surrounding area.
this week, parts of domestic steel prices in the short-term rebound after deep down, does that mean the end of the steel market declines for a long time? Mean that the market will usher in a comprehensive rebound? From the point of the status quo, to say the long-term declines have obvious signs of slowing, but it is hardly comprehensive recovery. First of all, from the point of economic growth, the demand side, China's economic growth is still declining trend, perhaps only 7% or higher growth rate next year 0. 1 - 0. 2%, rely on demand to solve the problem of excess steel production capacity, production is still not period; 304 stainless steel in the second place, from the point of the steel supply itself, with the overall size is still very large, since this year have individual companies fail due to management problems, a few enterprises temporarily shut down for the winter sales difficulties, but the overall market still has a huge supply capacity, and the market face the boron steel export tax rebate may cancel, export growth slowed markedly, diversion of reduction of the adverse factors; Third, from the perspective of the financial conditions of the steel industry, steel mills and steel trade, facing the fund pressure is bigger and bigger, basic didn't see signs of easing. Before pressure on the market of many mountains were moved, it is difficult to form a unified market prices expected, steel market prices it is difficult to have a long, sharp rebound. In recent days, tangshan billet rebar futures prices include import of iron ore prices have rapid rebound, rebound is after the rapid fall of super early prices fall, along with a small number of wait-and-see customer to purchase prices rebound, volume rapidly after prices lower, not form a continuous drive. In addition, frequent recent days henan zhengzhou, Beijing building site collapsed and casualties accident, city is built appoint already issued all site shutdown, security, improvement of command, the demand for steel cold winter we added a heavy blow. The author is expected before the prices will rebound in the New Year's day holiday, more is unexpectedly for rebar futures night outside the plate in advance as hurricane factors listed, Australia area. After prices rebound, the market will gradually calmed down, and the early stage of the pent-up demand concentration after their release purchase price is very difficult to continue to rebound sharply, and 304 stainless steel with a rebound after the price will be faced with the risk of fall.