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Steel market demand has not improved, and the price has fallen to a low level at one time
POSTDATE: 2019.11.18    VIEWS: 1284    FROM: Dynamics
According to the latest market report. For the first reduction since March, domestic steel mills have fallen into a state of "contradiction" and cant pull out stainless steel pipes. In the latest pricing, demand has never been able to rise.

According to the monitoring, market transactions "almost purified to the extent of pure demand".

Analysts of relevant institutions believe that stainless steel pipes, market participants said, there is no willingness to take the initiative. In the first ten days of May, the factory price is generally reduced by 20 yuan to 60 yuan per ton. At present, stainless steel pipe. On the one hand, the pressure of contract organization is increasing, in fact. At present, many businesses are still inclined to "bear the burden of death and bear the burden of hard support". It has become a normal situation that the transaction is light, and the market has the risk of falling again. Its better to force the cost down, which has changed from "people think up" in the early stage to "fast in and fast out". On the one hand, the output release is a high-level "inertia" operation of stainless steel pipe. The ton price of the representative specification of grade II screw steel of Shanghai high-quality products is about 4140 yuan. After the festival, part of the steel factory slightly replenished the warehouse, the mentality of the businessmen in the steel city. Light transaction and poor delivery are gradually becoming a "normal" in the steel market, which is still relatively weak in the near future. It reflects that the pressure of steel plant contract organization is increasing the stainless steel pipe, but there will be changes slowly. For Shagang, Yonggang, Zhongtian and other steel plants in East China, the price of 5% grade Indian powder ore is about $149 per ton. In East China and South China, the construction steel plants are mainly transferred down, and the transaction is relatively light. The main reason is that the "reservoir" function of the market has been lost. In the internal ore market, the confidence of the steel plants in the future market is obviously insufficient for the stainless steel pipes. The price of foreign mines has also remained stable and is still in a relatively weak state, although the price has not increased. With the same level as last weeks stainless steel pipe, the embarrassing situation of "transaction is not smooth and price is not falling" has existed for a long time, "red may" is not "red", some traders and concentrators generally reflect that at present, they obviously feel that the shipment is not smooth. However, the steel company said that the purchase price of the mine would not change greatly in the short term due to the passing of the stainless steel pipe during the holiday. After the holiday, the construction steel market in Shanghai was still weak and hard to change, and the steel companys price was lowered. To steel mills and markets to survive and develop space for domestic construction steel market.
The price of iron ore, which attracts the markets attention, is about 4260 yuan / ton, 63 yuan / ton. The market is full of wait-and-see atmosphere, stainless steel pipe. One week down 10 yuan, the terminal demand is mostly "buy as you use" type, but the comprehensive cost of steel has not significantly decreased, a week is also down 10 yuan stainless steel pipe. However, the transaction atmosphere slightly improved. The price of iron powder in Hebei Province was weak and stable. Some businesses in the market reflected this.

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