The stainless steel belt price possible - there are still continued downward adjustments Tianjin stainless steel co. , LTD

At present, most areas in China is still in the traditional off-season, the downstream industry starts to drop, the insufficiency of demand, the willingness to stock up, merchants trading market is very cold and cheerless, pessimistic atmosphere thick. Under negative dominant, the stainless steel price decline difficult to check, before the Spring Festival is expected to hong kong-listed downward trend will not change, buy or not to buy up influence, manufacturing steel demand weak. Steel factory new price policy this week fell sharply, like steel, eight steel, PingGang, river steel are larger, declines in new price declines in the rest of the steel mills are relatively small, only individual steel mills new prices remain flat, the data can be seen that the mills currently fall endlessly of hong kong-listed slightly negative, and earlier this month the key steel mills according to cisa preliminary daily crude steel production in 178. 1363 members of the 490000 tons, and steel iron and steel enterprise inventory. 700000 tons, more than a ten-day 39. 480000 tons, the growth of 2. 98%, data shows that the steel inventory pressure increases gradually, is also one of the reasons this is forcing steel mills cut prices. Current market is still in the weak, the trend of decline in the plate as the Spring Festival approaching, steel mills reimbursement pressure is bigger also, because of the early stage of the stainless steel prices fell sharply, steel mills still leave some profit space, with traders had winter will is not strong, steel mills to inventory, prices will continue to fall. In conclusion, next week is expected to steel mills continued to run new price is still weak, stainless steel belt 100 yuan/ton. Profile market prices this week is given priority to with stability, the slide base, in addition to the national standard resource pricing sharply, common range within 50. Two weeks before heavy falls in city, this week finally downward momentum has slowed, weak steady operation is given priority to, there are even signs of a slight rebound. Plus the billet in the 2000 mark this place for a long time, but has not been below, shows strong support. And traders in the early stage of the long time after the fall, at present also has very strong to pull up. Small billet price rise in early trading on Friday, led to the will of the release, boosted market sentiment. These are better for short-term market have a certain role, type is expected next week, small and medium rise. But as there is no obvious change, market fundamentals remain long-term stainless steel belt mainly market is still bearish. The national cold-rolled market continued weak downward, some preliminary cautious resources offer stability and a sharp fall, seamless steel pipe market price is down to 3150 yuan/tons, a record low. Spot market price of such depth adjustment is the main reason of the lunar New Year holiday approaching, terminal capacity, resources actual digest co. , LTD. , after entering in January market clinchs a deal more cold, but at the same time, the bank loan at the end of pressure surge, steel mills, businesses generally to speed up the shipment, now the market sentiment was negative. Have passed more than half a month, but the market of cold rolling is a bleak, prices fell again and again, but from the perspective of the feedback of the market, this did not clinch a deal to form a boost, traders generally reflect the status of clinch a deal with the price, there is no improvement, moreover the leading steel mill river steel, shougang, baotou steel, benxi steel policy also basic clear, have more than 100 yuan/ton, declines in the cost of support continue to weaken, the merchants in terms of price in quantity is little and drained a pressure increase under the dilemma of struggle, so expect the next week with stainless steel prices still have the possibility of continued downward adjustments.