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Yin fell more than 304 stainless steel with movements and other factors Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-06
The national steel overcapacity, under the background of steel mills operating difficulties, cisa deputy secretary-general li xinchuang, and a number of steel analyst said the current environmental pressure is close to the limit of the steel industry.
Visible, steel environmental governance has reached the point of 'have to'.
'Reservoir' function failure in the industry, a large number of accumulation in the steel mill, steel and downstream weak demand for these steel 'nowhere to put', 304 stainless steel with internal has appeared 'steel saturated with' phenomenon.
Construction steel price increase in the province, after the market, followed with 40 yuan/ton, but the price rise, clinch a deal not seen.
The reason is that traders have said, the insufficiency of current environment demand, combined with the year nearly, partial businessman has been largely discontinued supply on site;
Market circulation, such as shortage of financing side pressure, circulation of intermediate business also on-demand procurement, poor merchant shipping, weak market as a whole to clinch a deal.
At the same time, construction steel prices steady weakening in the peripheral market today, chongqing, chengdu and other places around construction steel prices also weak, as a result, today's opening, 304 stainless steel belt running smoothly.
On Friday on the slide, rapid downward over the weekend, Monday to Wednesday fell in a row, but individual low clinchs a deal better on Wednesday, on Thursday began stabilised, clinch a deal and both expanded, stop falling signal obviously.
Mainly due to the rapid fall, businesses face losses, fell will abate, gradually approaching year low price at the same time, the middle and lower reaches of inventory will increase.
But the current downstream demand is difficult to change, first a large number of stock up enthusiasm is not high, business to clinch a deal the positive sustainability much doubt, in view of the factory inventory on the high side, lack of confidence in the market, next week is expected to price stability before they are weak, the overall adjustment range is not big.
the end comes, businesses more competitive market, secretly preferential goods is common. At present, 304 stainless steel belt is still high, medium and small door is still stock up as little as to stock up, but the periodic inventory is essential. Merchants say they will not do inventory, although have inventory, but is only part of out of stock, do a small amount of added. Businessman is not very promising for movements in the late, had winter will is not strong. Pipe market next week is expected to overall steady running, not rule out the possibility of parts continue to drop slightly. East China, north China week beginning weak down; South China from the money before the end of the more obvious, plunged more, situation eased this week, keep basic stability; Southwest is inverse rose, clinch a deal but obviously turn pale, rally has stopped. Most of the decline in prices is mainly affected by price caused by poor consolidation and clinch a deal for a long time, and after adjustment, the bottom support has started to increase, and considering the current inventory level is low, the price is low, in addition, the market some businesses have started to leave away from the city, the actual operating time is limited, so next week is expected to price or consolidation of stabilization. Blighted raw material markets and Yin fell more than 304 stainless steel with movements and so on factors, this week strip steel market is negative.
the end comes, businesses more competitive market, secretly preferential goods is common. At present, 304 stainless steel belt is still high, medium and small door is still stock up as little as to stock up, but the periodic inventory is essential. Merchants say they will not do inventory, although have inventory, but is only part of out of stock, do a small amount of added. Businessman is not very promising for movements in the late, had winter will is not strong. Pipe market next week is expected to overall steady running, not rule out the possibility of parts continue to drop slightly. East China, north China week beginning weak down; South China from the money before the end of the more obvious, plunged more, situation eased this week, keep basic stability; Southwest is inverse rose, clinch a deal but obviously turn pale, rally has stopped. Most of the decline in prices is mainly affected by price caused by poor consolidation and clinch a deal for a long time, and after adjustment, the bottom support has started to increase, and considering the current inventory level is low, the price is low, in addition, the market some businesses have started to leave away from the city, the actual operating time is limited, so next week is expected to price or consolidation of stabilization. Blighted raw material markets and Yin fell more than 304 stainless steel with movements and so on factors, this week strip steel market is negative.
