This week, stainless steel belt market fell 70 yuan/ton - again Tianjin stainless steel co. , LTD

Though raw material prices stable, but this week the stainless steel market drop 70 yuan/ton, hope stimulus to the local market. Most of terminal downstream, project closing in, so demand more hasten is less, and the most downstream are mainly wait-and-see attitude, actual transaction. Inventory, most businesses are to maintain low inventory operation, part specifications without spot. Is expected in the short term is given priority to with weak turbulence. Although some traders have with higher prices, but the actual shipment is having some bargaining space; And the rest of the steel mills more choose, watching, not aggression. Near the end of the month, most agents said no longer consider had winter, next year is more of a 'on-demand procurement' and 'open to sell' now now, try to reduce inventory risk; Some traders said will take advantage of the steel mill at the end of annual meeting, continue to discuss with steel mills had winter policy, once the policy can meet the demands of both sides, and will make a series had winter.
after the north resources on the arrival of the goods, need to follow up, prices fell back. Early market goods less expensive due to New Year's day, part of stainless steel with merchants more in order is near the end of the northern steel plant resources, LeCongYan Ming, wharf ships accumulation, instantly increase market resources, traders cast goods cash mentality, and to speed up the process of shipment, the direct method is to depreciate sales promotion. Steel mills to hold one of the few trading time drained, market, seize the last chance to reduce the inventory risk. Year nearly, terminal purchase enthusiasm became even more depressed. In order to ensure the sales profit, fund withdrawal as soon as possible, merchants are very careful operation. In the face of a steady stream of supply of goods and weak demand caused by the serious imbalance between demand and supply, many businesses have stock up. The price cut is the first time since the nearly half price fluctuations, the main reason is that poor merchant shipping, downstream procurement strength is not strong, the businessman to promote sales at a low price, and near the Chinese New Year, businessmen money is tight, main task now is give priority to in order to lead. Shipment as we have learned, now the market situation, business daily shipments can only achieve forty percent from the same period last year, confidence is difficult. Inventory, merchants all inventory all commonly used specifications, not the idea of a large number of replenish onr's stock for the time being. Near the end of the year when the inventory pressure almost non-existent. Some businesses, on the other hand, during the period of stainless steel belt prices, excess unplanned replenishment, total want to speculative money, often the greater the chances of this kind of business failure.