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Wait-and-see sentiment began to turn thick - 304 stainless steel belt Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-06
Seamless steel tube down narrow, this week late stabilization is given priority to, on the first day after leading steel mills in north China and east China, south China region drop 10 -
40 yuan to see there is no minimum only more low.
Late 304 stainless steel belt is the main factor of steady benefits from north China steel strip settlement price, traders offer firm primarily, but under the psychological effect of buy or not to buy up, combined with the demand of season, high temperature and rainy weather, market clinch a deal the plain.
But the market is not too big effect, tangshan 145 mainstream rise of only 20 yuan, clinch a deal but still lack of power, rose co. , LTD.
This week were heavy falls in raw material, pipe factory pricing carefully, more dark down preferential library.
Market filled by any part of the resources, weak downstream procurement will end the money pressure, low benefit more libraries.
weak in thick plate in the market steady operation this week, the downstream demand does not change, trading was sombre, merchant shipping is difficult, but the market inventory fewer resources, and many steel mills cut production overhaul plan recently or must support of price forming, the plate market next week is expected to narrow consolidation, 20 - amplitude 30 yuan/ton. The 304 stainless steel belt have fallen to their lowest level this year, both demand and support on the cost, the current market is difficult to reverse. In terms of inventory, east China, south China traders, as well as middlemen, are reluctant to stock up more, light warehouse operation, so the market price decline is limited. So we're not good afternoon next week, the market rebound is unlikely, the environment is not optimistic, steel mills are still losing money, the raw material price volatility is given priority to, later to see still have the possibility of falling, in general, raw material support the weak, the weak downstream demand, is expected to strip in adjusting and weak stability more next week. This week mainstream price stability in the medium plate market weak, vulnerable fall regions are part of the specification, size 10 -- 120 yuan/ton, the east China region or narrowed significantly over the week, 10 - 40 yuan/ton, although the downstream demand is still weak, but the current business inventory level is relatively low, especially in ma on shan, wuxi and other cities affected by the steel plant shut down maintenance, tight part specifications, prices recovered slightly; North China, central China, and continued weakness in southern China, and 40 - down 120 yuan/ton, after terminal is still sluggish, clinch a deal the atmosphere on the market is very cold and cheerless, be difficult to stop falling prices, business mentality is pessimistic, about future look empty, mainly shipped to avoid risk on the operation, the replenishment order will is not strong, waiting for the lower steel prices. On the whole, though now in clinch a deal is not very desirable, but merchants stock is generally low, pressure is not big, 304 stainless steel belt wait-and-see mood began to turn.
weak in thick plate in the market steady operation this week, the downstream demand does not change, trading was sombre, merchant shipping is difficult, but the market inventory fewer resources, and many steel mills cut production overhaul plan recently or must support of price forming, the plate market next week is expected to narrow consolidation, 20 - amplitude 30 yuan/ton. The 304 stainless steel belt have fallen to their lowest level this year, both demand and support on the cost, the current market is difficult to reverse. In terms of inventory, east China, south China traders, as well as middlemen, are reluctant to stock up more, light warehouse operation, so the market price decline is limited. So we're not good afternoon next week, the market rebound is unlikely, the environment is not optimistic, steel mills are still losing money, the raw material price volatility is given priority to, later to see still have the possibility of falling, in general, raw material support the weak, the weak downstream demand, is expected to strip in adjusting and weak stability more next week. This week mainstream price stability in the medium plate market weak, vulnerable fall regions are part of the specification, size 10 -- 120 yuan/ton, the east China region or narrowed significantly over the week, 10 - 40 yuan/ton, although the downstream demand is still weak, but the current business inventory level is relatively low, especially in ma on shan, wuxi and other cities affected by the steel plant shut down maintenance, tight part specifications, prices recovered slightly; North China, central China, and continued weakness in southern China, and 40 - down 120 yuan/ton, after terminal is still sluggish, clinch a deal the atmosphere on the market is very cold and cheerless, be difficult to stop falling prices, business mentality is pessimistic, about future look empty, mainly shipped to avoid risk on the operation, the replenishment order will is not strong, waiting for the lower steel prices. On the whole, though now in clinch a deal is not very desirable, but merchants stock is generally low, pressure is not big, 304 stainless steel belt wait-and-see mood began to turn.
