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61212386/61212387/61212388
Fax： +86-21-61275188
Email： sales@eastasiametal.com
------------------------------------- Sales Skype：
EAM-Thomas
EAM-Echo
EAM-Monica
EAM-Bob
EAM-Anna
EAM-Tim
EAM-Jack
Stainless steel output
China steel association member unit crude steel daily output rose again, stainless steel plate output fell back significantly; Show that the end of February cut maintenance, not as fierce as expected. As the market says, production cuts are a myth; In the stage that this market is king, share holds the life that the quantity still is steel mill, can dig one's own grave easily again.
Enter march, the news that gets shows domestic steel mill overhaul increases apparently, the market once thought commonly that output can high level recedes, but it is to be not so actually. In early October, both crude steel output and internal inventory showed an increasing trend. Domestic stainless steel plate industry oversupply pressure is still increasing, and the traditional seasonal slack season is coming, the demand fundamentals are difficult to improve significantly, so high yield, high supply, low demand still continue to affect the future price trend of 304 stainless steel plate.
Futures soared, the need to pull volume, market activity increased, the market is determined to improve overall. However, the market fast in and fast out operation thinking has not changed, the early arrival of goods improved to force businesses to clinch a deal desire to improve, in the clinch a deal does not continue to maintain the increase, the obscene need to change the situation is not much, the price weakening is inevitable.
Merchants said that the local good fundamental market digestion, the price of stainless steel plate continued to rise in the space is not large. Market recently in the shipping speed to slow down under the background of selling pressure significantly increased. Traders also relatively stable state of mind, the operation is mostly based on the market.
Merchants said that the local good fundamental market digestion, the price of stainless steel plate continued to rise in the space is not large. Market recently in the shipping speed to slow down under the background of selling pressure significantly increased. Traders also relatively stable state of mind, the operation is mostly based on the market.