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Fax： +86-21-61275188
Email： sales@eastasiametal.com
------------------------------------- Sales Skype：
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EAM-Anna
EAM-Tim
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Cold stainless steel board market
Looking into this year's steel market situation, the basic factors driving the rise of steel market in the first quarter will continue to exist in the next three quarters, and some will strengthen. For example, the decision-making department countercyclical adjustment, macroeconomic bottom and stability; We will focus on the key role of steady investment growth, and steel consumption will benefit more. China-us trade talks are progressing smoothly and market optimism is rising. Steel inventory level is not high, the confidence of market participants increased significantly.
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.
What kind of steel is stainless steel? Stainless steel is a type of steel, steel refers to the amount of carbon (C) contains less than 2% is called steel, more than 2% is iron. The addition of chromium (Cr), nickel (Ni), manganese (Mn), silicon (Si), titanium (Ti), molybdenum (Mo) and other alloy elements in the smelting process of steel improves the performance of the steel so that it has corrosion resistance (that is, not rust) is what we often call stainless steel.
Interestingly, the reduced supply, while limiting sintering, pelletizing and blast furnaces, did not limit converters, so mills increased crude steel production by raising scrap ratios, resulting in higher output than last year. But at the same time rebar inventory continued to destocking, and the off-season is not light. The real estate demand is better than expected, which makes the rebar demand greater than the output, so the rebar presents a prosperous state of supply and demand.
For steel price support, the market view is also polarized, some market people said: "steel price support, is also a maintenance of the market order, if you allow the price to fall, will only cause more losses to everyone. But there is another part of the agent said: "steel price support, market transactions can not keep up, leading to inventory accumulation, one day will burst, when the time will be a big hit."