Tianjin clinch a deal very light - square tube manufacturer Tianjin stainless steel co. , LTD

At present domestic steel scrap market resources circulation is not much, 304 stainless steel belt will lower operation, market was in depression. Longer term, steel demand was not significantly improved, the supply and demand contradictions unsolved, the steel price picks up the space is little, scrap steel rose will also be suppressed. Is expected in the near future scrap steel market weak stability operation. Steelmaking pig iron market price is steady, demand is still poor, volume was light as a whole. Steelmaking pig iron prices last week weak steady operation, large parts of the minority regions fall, shandong province, xuzhou enterprises in part due to the depressed market results in the upstream and downstream ex-factory price cuts, shutting down more, demand is poor, has a price no city more market. Steel mills in purchasing price cut this week is given priority to, most of the steel mill said it would purchase price cuts, in around 50 yuan/ton. So far, is expected to short-term domestic pig iron market is still weak, does not exclude the possibility has cut, changeable market, need to be careful operation.
comprehensive consideration, leading domestic steel procurement price stabilization operation next week. Both in terms of quantity and price point of view, foreign mines have been ready for a long-term price war, domestic ore enough to compete with them, even small mines abroad are difficult to possess. When cost cutting speed is much faster than ore prices, there may be eliminated by the market, that is why the market for iron ore is expected of the main causes of poor, see crude steel increment, can understand how serious excess iron ore increment.
it is reported that the recent thread futures and spot billet price difference is big, many businessmen hedging using 304 stainless steel strip, steel billet in delivery; In addition, as the demand continues to shrink, steel mills maintenance production phenomenon gradually increased, the billet market supply is relatively early, prices have certain support; In addition, after three weeks after the consolidation, finished product material to clinch a deal this week in gradually improve, higher prices for three consecutive days, especially strip cumulative increase up to 60 - parts manufacturer 70, boost market confidence, and downstream businesses purchase enthusiasm for billet were increased. Above all, next week is expected to steel billet is expected to continue to 10 - edged up 20. Domestic ore market is given priority to with steady this week. Recent miners loss serious, almost unable to operate, and near the end of the year, ninety percent mill plant has been shut down, supply of domestic mineral resources are tight, individual regions merchants to rise; But due to the recent steel prices continue to Yin, steel mills profit declining trend, steel plant overhaul, kuangfen pent-up demand, tianjin pipe manufacturer to clinch a deal is very light, present the two weak situation of supply and demand. Combined with general refers to below $65, 304 stainless steel belt is not optimistic. Comprehensive next week is expected to domestic ore continues, individual small adjustment.