This week 304 stainless steel belt mixed - market prices Tianjin stainless steel co. , LTD

This week 304 stainless steel were mixed with the market price, some small shocks, overall size 10 - in more , between 40 weeks south market influenced by national standard resource pricing, with lower parts specifications, pricing individual steel mills, but does not affect the overall situation. North tangshan billet prices stabilize market holiday, merchant shipping, clinch a deal the performance stabilization, weeks of continued steady potential price, clinch a deal the tepid, downstream mentality wait-and-see is given priority to, such as weak purchasing motivation, billet prices edged up, then the downstream periodic inventory, then type the price slightly higher, clinch a deal. Throughout this week, the price to modestly, in early stage inventory has been close to the end, steel prices temporarily stabilized, the market price shocks slightly, this week is given priority to with stability. For next week, macro perspective, the central bank to cut interest rates for capital chain taut steel mills for limited, steel mills of the interest burden, but it is difficult to reverse the tight capital chain. At the same time, this policy is the relaxation, the limit of credit for purchasing again after a dose of help to the medicine of the property market rebound, the recent first-tier cities building clinch a deal, house prices rallied, but for the excess supply of real estate industry, it also can rise to alleviate the current property market to inventory pressure, temporary is unlikely to drive a large area of new starts to stimulate sales of steel. Raw materials, iron ore, since this year, has fallen nearly 50%, ore price has dropped below $70 / ton mark, imported ore, tender and lower in mines, 304 stainless steel belt spot prices fell back, at the end of merchants to be drained, ore price continues to Yin falls possibility. Domestic ore is Yin fell more than, steel mills continue to suppress the purchasing price. Looked from the overall local, strip steel market is hardly better, businesses are currently keep low inventory, in the case of demand does not improve, next week is expected to stability.
some small fall, fall in 50 yuan/ton. Welded pipe market mainstream stabilized. Close to the north and the south are starting to get cold, and many have snow in north China, whether it is outdoor construction, or other processing industry faced downside risks, hong kong-listed demand also dropped to freezing point, although the market present good information, but still difficult to boost market confidence. Finished product profit is weak, partial businessman for shipment already operate at a loss, the pipe price has fallen beyond fall, 304 stainless steel with merchants willing to ship stability, adjust the willingness. Another around has entered into a state of 'had winter', considering the businessman repayment pressure more highlights, replenishment will slump, more careful operation. Next week is expected to pipe or part will continue to fine tune, drop in 30 yuan/ton. Profiles market fundamentals, for the moment, there is no sign of improvement, but deep and gradually shrinking demand in the winter, production enthusiasm is higher, the obvious contradiction between supply and demand. And as of late, profile businesses generally faced with greater cash flow pressure, the afternoon also don't believe in, so it is difficult to have a positive operation. Although recently futures, stock market performance is better, but for the influence of the spot market is limited to the boost of the above. In the basic level of supply and demand under the condition of weak do not change, is expected next week 304 stainless steel with weak market adjustment operation.