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Weak steady running - 304 stainless steel belt market this week Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-10
This week 304 stainless steel with weak market steady running, steel procurement cautious, causing the ship iron works poorly.
At present most of manufacturer production enthusiasm is not high, low inventory, the upstream raw material prices on a downward trend, the downstream steel prices still run shocks, cost and demand under the condition of no improvement, steelmaking pig iron market is still difficult to get rid of the weak.
Flat running molybdenum market in China.
Steel procurement molybdenum iron come to an end, the businessman mentality differences, some enterprises because of the orders and very strong appetite price, a few money hungry sales pressure enterprises shipment under the survival pressure is still low.
Most manufacturers said as the raw material price gained momentum, molybdenum iron a falling market, factory production of pressure.
Weak domestic coal market, clinch a deal is weak.
Details are as follows: continued weak coking coal market, coal floor high inventory, 304 stainless steel belt market clinch a deal.
Keep blowing coal market weakness running situation, the mainstream region price temporarily not fluctuate, clinch a deal the situation in general.
Thermal coal market weak, clinch a deal the weak.
Next week is expected to domestic coal market or maintain downward trend.
the domestic pig iron market as a whole to maintain stable trend, the market volume is relatively light. Raw materials of iron ore, coke market this week continued downward, steel price shocks to adjust, but because of poor pig iron to clinch a deal, risk pricing in pig iron manufacturers, so the pig iron market more. It is understood that at present most traders to recent market confidence. Parts of pig iron for steel making this week, the overall stability, price pressure from inventory adjustments. Casting pig iron market is still weak, downstream demand there is no obvious improvement, shipments. Comprehensive consideration, is expected next week domestic pig iron market will continue to give priority to small adjustment. North China market weakness remains, the overall price lower. 304 stainless steel belt market affected by imports ore prices falling significantly, weeks cut 20 yuan on average, vendor is given priority to with watching more, while the local general carbon billet prices strong, but the iron and steel enterprises limited procurement of iron ore resources, makes it hard for ore price together with the steel prices, wuan, shahe area basic is in a state of marketable in the market. A small amount of northeast market clinch a deal, price stabilization. Liaodong, western liaoning region market actual clinch a deal the price is low, most of the work in mining enterprises, individual large mining enterprises eke out. In east China market fall in imports ore spot prices under the condition of continuous chasing down, shandong and other regions of iron ore market operation difficult, large mining companies were forced to cut prices to ensure basic normal shipment. Downstream demand slow release and raw material prices falling to rapidly rising steel prices in some 'lonely at the top' feeling, so then 304 stainless steel belt price correction.
the domestic pig iron market as a whole to maintain stable trend, the market volume is relatively light. Raw materials of iron ore, coke market this week continued downward, steel price shocks to adjust, but because of poor pig iron to clinch a deal, risk pricing in pig iron manufacturers, so the pig iron market more. It is understood that at present most traders to recent market confidence. Parts of pig iron for steel making this week, the overall stability, price pressure from inventory adjustments. Casting pig iron market is still weak, downstream demand there is no obvious improvement, shipments. Comprehensive consideration, is expected next week domestic pig iron market will continue to give priority to small adjustment. North China market weakness remains, the overall price lower. 304 stainless steel belt market affected by imports ore prices falling significantly, weeks cut 20 yuan on average, vendor is given priority to with watching more, while the local general carbon billet prices strong, but the iron and steel enterprises limited procurement of iron ore resources, makes it hard for ore price together with the steel prices, wuan, shahe area basic is in a state of marketable in the market. A small amount of northeast market clinch a deal, price stabilization. Liaodong, western liaoning region market actual clinch a deal the price is low, most of the work in mining enterprises, individual large mining enterprises eke out. In east China market fall in imports ore spot prices under the condition of continuous chasing down, shandong and other regions of iron ore market operation difficult, large mining companies were forced to cut prices to ensure basic normal shipment. Downstream demand slow release and raw material prices falling to rapidly rising steel prices in some 'lonely at the top' feeling, so then 304 stainless steel belt price correction.
