The recent rise 304 stainless steel band purchase price continuous - Tianjin stainless steel co. , LTD

Today's domestic scrap steel market continues to improve, trading is relatively smooth. The recent 304 stainless steel with purchasing price increases continuously, amplitude modulation. It is understood that the cause of the big an increase in the price of scrap steel procurement are: one is steel scrap stock is not high, this year to attract resources into; 2 it is to the finished material run good, the price rises more; Three is the recent international scrap market gets better. The current domestic steel scrap market volume increased overall resources, manufacturers' mentality order steadily, and enthusiasm to enhance operation. Recent domestic scrap steel market is expected to fluctuations in good operation. Recently, the domestic iron ore market is quite subtle, first flat iron ore platts index between confirmed last night, in the current market environment stability means that prices will have change, now almost harden and dalian iron ore main futures contracts state, which makes the market at the same time of silence is rising trend. From the spot market, today's port spot transaction and not a lot of measures, and clinch a deal the price also did not change obviously, and the resources of the spot platform to clinch a deal price has significantly increased. From the point of iron ore market in financial derivatives, the SGX swaps rose, even mine surge in 3 main contract closed at 377 yuan. 29%. From the performance of the market as a whole, in futures market and cash market in the short term has main iron ore contracts affected by the delivery month, pull up a thick atmosphere, and the spot market is no forecast is too weak. Based on the analysis of factors, in the short term iron ore market is still small ground up atmosphere. Due to the northern starts remain high, price competition among manufacturers is particularly fierce, constantly interacting each other, made of 304 stainless steel belt conspired against. Northern steel CaiJia decline were also in eastern China and southern steel pricing as the basis, and the different production costs, makes it hard for many small and medium-sized manufacturers under pressure, directly into the loss, but many companies is just started last month, in the short term can't suddenly shut down, so have to loss under high pressure, and production. Is expected in the near future domestic silicon manganese market vulnerable trend will continue to run. Domestic steel scrap market today gains more, trading volume has increased. Steel mill after the prophase of scrap steel consumption, there has been a recent emergence phenomena of inventory, quantity and price of scrap steel procurement policy are improved. The scrap steel market strong positive psychology, resources in and out of the frequency increase. Middlemen, said to the improvement in number of receiving and shipping is relatively early, pressure is decreased; Receiving good liquidity traders also said the recent resources at the local level. The recent domestic steel scrap market is expected to continue to run good. The domestic pig iron market as a whole has a good stability and clinch a deal the things has no obvious change. The upstream raw material market consolidation, the downstream steel prices also fall now, supportive of pig iron market is limited, and considering the pig iron downstream demand is not good, so most ironworks offer temporary stability in the region. August for high temperature and rainy season, according to the iron works, part of the iron works take into account the downstream demand, have cut or even shut down phenomenon, so even if the upstream and downstream market price rise, also failed to stimulate the market of cast iron. To sum up, expected short-term domestic 304 stainless steel belt is given priority to with stable operation.