There is more than - stainless steel with deep down this year
Tianjin stainless steel co. , LTD
There is more than - stainless steel with deep down this year
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-08
Cost of China's steel exports already have obvious price advantage in the international market, stainless steel belt deep down more than this year, domestic steel prices decline further enhanced the competitiveness of the international steel market, steel mills hopeless domestic transfer of foreign markets is also seeking survival.
Early rumors, on the other hand, rumors of boron steel export tax rebates, had many steel mills outstanding bartender exports have take measures in advance, prior to this policy to carry out the 'rob export', which directly caused the surge in steel exports in December.
There is a decrease in the crude steel production late last year, though, but still much higher than last month and year;
The latest survey shows that steel town of hebei tangshan steel mill starts in 96.
5%, which indicates that steel production enthusiasm remains high;
But considering the Spring Festival approaching, signs had winter unclear and years ago, most obvious slow down steel rolling production line, especially in northern rolled products such as short production process steel plant to leak more, only production enthusiasm in south China is on the high side.
Overall, crude steel supply high pressure is due to the approach of the holiday and downstream starts to decline and increase.
At the same time, the boom of manufacturing industry, depressed for a long time, before and after the Spring Festival is the downturn in manufacturing, production enthusiasm is generally low;
As the Spring Festival approaching, the industry has also started after the holiday, the downstream end the rigid demand for steel in the lower.
Also, subject to funding and lack of confidence in the market influence, also more depressing, so steel market as a whole in January trading stainless steel with low, imports of ore and other low continues to hover, continue downward to encounter greater resistance;
After the Chinese New Year last month, the Gregorian calendar New Year has passed, steel pressure slightly ease, and steel inventory cycle is generally low, before the Spring Festival holiday each big steel mills for iron ore may gradually increase the burden of inventory demand, such as the furnace charge market formation must be good.
Although the downstream industry has a tendency to rebound, but the business confidence is very poor, is very bearish on market anticipation of the late, so this year had winter will according to the trend, but plummeting is no fell unhappy.
Domestic steel price shock decline, decline has become the new normal;
Last month, declines obviously deepened.
Demand dropped to freezing point, the excess supply pattern more, capital and raw materials market of the crisis, centerless makes market, although have policy for pulling, but strength is limited, is expected before the Spring Festival domestic steel prices decline cannot alter, continue downward is a big probability event.
Stainless steel belt decline further, a whole month drop more than $one hundred a tonne, construction steel prices decline still than plate;
Clinch a deal is sparse, had winter stock up nor have enough intend to operate, the whole market has no bottom line 'weakness'.
Lower steel prices continue to innovate at the same time, the imported ore, steel billet is falling closed, phase steel is no moral integrity all led by first;
Go all the way is so decadent, steel mills smiled, terminal le, steel trade and business is in distress situation.
Market continue downward at the same time, the domestic supply and demand contradiction of hong kong-listed widen again, the upstream steel mills and production will, in the face of the downstream demand continues to weaken, middlemen hoarding will, under the condition of insufficient goods merchants take goods very careful, inventory pressures continue to laid-off steel internal transfer, further liquidity squeeze steel plant, is expected to benefit the size of the likely to continue.
Summary of the national market, at present the construction in the north, clinch a deal the weaker market, stock has increased slightly, the steel price is hard to judge when to hit bottom.
From stainless steel with a drop in prices to the prices of steel, and then to the steel price is weakening, the current decline has formed a chain reaction.