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To a certain extent increase market pessimistic atmosphere - thick stainless steel belt Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-05
Recent market prices down the weak, traders profit space is narrow, and the market upside down rate in more than one hundred yuan, stainless steel belt businesses continue to depreciate intention is, partial businessman for market still is looking forward to next year, and the current business inventories low overall, remaining replenishment demand, the market is expected to be a wave of rising prices. End of the month, at the end of the special period, the fund pressure, merchant shipping will is strong, and the off-season effect significantly, the cold weather, outdoor construction, demand is difficult to improve, the market has a role in suppressing, downward price pressure of the possibility of larger, but as the fund pressure relief, as well as to the preference of hong kong-listed expected next year, 'had winter' has appeared smaller, support for the market price and the formation, if the other steel mills subsidies traders as scheduled, the market's price mood will also appear, hong kong-listed appear a little higher rally before the end of the year is possible.
the north steel production in succession, the part of the downstream replenish stock inventory, clinch a deal at that time the better, try to pull up stainless steel belt factory. But the billet rolling enterprise still low capacity utilization, inventory quickly end, together with basic into winter in the north, steel demand, business operation will is very weak, cause the overall deal malaise, prices continue to decline. Market more negative, and merchants mindset is low, and the north gradually into the off-season, and to the south, north material from previous years but due to the current north-south difference is lesser, south resistance is larger, at the same time, raw material market situation to good for stock market weakness, reason is expected today is still continuation of a narrow adjustment of steel billet market.
it is its domestic financial attribute transformation and economic restructuring under pressure and continue to struggle. Steel production in succession in the short term, as the hebei region, a new resource in late and have in place a few days ago, the northern region resource prices will continue to pressure descending, and the south market overall demand is still weak, and the regional differentiation is not obvious, spreads between the north and the south region advantage is not outstanding, the northern parts of the 'south north material' shunt resources form block. From the market, the dollar's recovery in the capital market is still pressing, mid stage domestic steel heavy slump also break the present domestic hong kong-listed two weak weak balance of supply and demand pattern, expected late domestic stainless steel belt downward pattern still continue. With the raw material of steel price relationship is great market performance is not good. Although there are currently no open the downlink channel, but is directly related to the steel price of steel billet and iron ore prices continue to decline, especially iron ore innovation is low. Continues to increase market selling price margin traders profit space is narrow, and support weakening, priced fall risk is accumulating. Near late, the fund pressure appeared gradually, and resources in the north south, the arrival of the goods is gradually increased, the late businessman delivery pressure, combined with the recent period screw set low, a further sign of merchants bearish market outlook. If another shagang a new policy is low as scheduled, also increased to a certain extent the market pessimistic atmosphere thick stainless steel belt.
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