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    Price of stainless steel plate this week



     
    Nowadays, traders are cautious about the situation of steel market operation in the later period, and dare not store goods rashly. Downstream end users generally purchase on demand, unwilling to prepare more materials; Foreign trade orders are also small batch, multi - batch orders in the majority. These phenomena partly reflect the market expectations are not good mentality.
     
    Relatively cold rolling performance compared with hot rolled slightly conservative, yesterday morning and part in cheap goods, but today morning understands from the market, most of the discount has been cancelled, individual businesses raised its offer, the other parts trader feedback in price increases under the cover of the shipment is also a good choice, now have been private four feet burrs in 13850 ~ 13950 yuan/ton, state-run four feet have been trimming went to 14400 ~ 14450 yuan/ton.
     
    Steel market smooth operation today. Period steel all day narrow shock, to cross the star line close; Billet rose 20 yuan to 3420 yuan, the price of thread, hot coil and plate barely fluctuated, due to the approaching Spring Festival, steel market trading is light. According to the data released today, part of the winter storage demand starts to enter the market, and this part of steel is transferred from the steel mill to the social inventory. However, due to the weak seasonal terminal demand, the inventory on the whole is on the rise. From the current situation, steel prices show up and down dilemma trend.
     
    Today's rise has changed the shaky momentum before 304, which is the first rise of 304 in the beginning of the year, many businesses said that a good start is half of the success, but there are businesses said that because no significant good news, the state has not yet adjusted the price, the deal is general, or be cautious better.
     
    In summary, the current market lack of effective support from the demand side, middlemen suffer from passive price. Although the spot market from time to time shows a small pull up the trend, but faced with the lack of market demand to follow up the problem, the price is unlikely to rise significantly; On the other hand, steel mills are running at full capacity, resulting in high output, which does not support steel prices.
    Nowadays, traders are cautious about the situation of steel market operation in the later period, and dare not store goods rashly. Downstream end users generally purchase on demand, unwilling to prepare more materials; Foreign trade orders are also small batch, multi - batch orders in the majority. These phenomena partly reflect the market expectations are not good mentality.
     
    Relatively cold rolling performance compared with hot rolled slightly conservative, yesterday morning and part in cheap goods, but today morning understands from the market, most of the discount has been cancelled, individual businesses raised its offer, the other parts trader feedback in price increases under the cover of the shipment is also a good choice, now have been private four feet burrs in 13850 ~ 13950 yuan/ton, state-run four feet have been trimming went to 14400 ~ 14450 yuan/ton.
     
    Steel market smooth operation today. Period steel all day narrow shock, to cross the star line close; Billet rose 20 yuan to 3420 yuan, the price of thread, hot coil and plate barely fluctuated, due to the approaching Spring Festival, steel market trading is light. According to the data released today, part of the winter storage demand starts to enter the market, and this part of steel is transferred from the steel mill to the social inventory. However, due to the weak seasonal terminal demand, the inventory on the whole is on the rise. From the current situation, steel prices show up and down dilemma trend.
     
    Today's rise has changed the shaky momentum before 304, which is the first rise of 304 in the beginning of the year, many businesses said that a good start is half of the success, but there are businesses said that because no significant good news, the state has not yet adjusted the price, the deal is general, or be cautious better.
     
    In summary, the current market lack of effective support from the demand side, middlemen suffer from passive price. Although the spot market from time to time shows a small pull up the trend, but faced with the lack of market demand to follow up the problem, the price is unlikely to rise significantly; On the other hand, steel mills are running at full capacity, resulting in high output, which does not support steel prices.

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     Phone Number:+86-21-61212385/61212386/61212387/61212388 Contact Mail:sales@eastasiametal.com