When the domestic market and then pushed to new exports go warm?
the last of the
agents have now reflected in the market after a large supply of small, incomplete specifications, steel replenishment less. Then this background, the spot price of resources has as yet difficult to have good gains momentum. The price of steel was from the 41-week
this market, steel has ignored the existence of upside down, will the agent takes the goods against the initiative? Cho Chong Information Yantai Oriental Stainless Xiaobian completed with the total conversation learned that the current supply of steel mainly export-oriented aspects of the RMB revaluation does not affect China's exports of stainless steel. Stainless steel is the environmentally friendly products than the added value is higher. Therefore, exports still have an edge. The export tax rebate from the government is also encouraging to see that the export of stainless steel products.
Customs data show China's largest stainless steel producer TISCO stainless steel exports in September hit a new high during a single month, the month's total exports 2.9 million tons of stainless steel, growth of 20.26%, an increase of 55.66%. 1-9 months, TISCO stainless steel exports totaled about 18 million tons, an increase of 181.25%. Domestic stainless steel export market successfully from the financial crisis, and on the stage of interest rate increases this effect is not large, the monthly growth in exports in recent months.
demand in the domestic market is not the case, the high price of natural nobody cares, and steel mills bid price of raw materials last month, have different rate of rise, but the delay has been difficult to spot prices up. Driven steel interests will inevitably put on the international market to look to maintain their profits.
steel mills will not be compressed to reduce their profit prices, while agents from the market access aspects of the information point of view, the agent takes the goods is more difficult, hardly replenishment, there will not be lowered upside down the desire of steel products. Because from the agency point of view, supply all specifications, it is more likely to get big orders. The upside down, will the steel end of the year there will be subsidies, the agency doing all, as is a market share of a proxy scale. Agents believe that long-term cooperation, the steel will not give up regardless of the interests of partners. Ultimately, all phenomena are driven by the interests of the action.
analysis of statistical data from the customs point of view, not just the leading enterprises in the export situation is better in TISCO, stainless export interests of the collective trend. September 2010 stainless steel plate in China (with) material for the 43,612.93 tons of net exports. Month of stainless steel plate (with) wood imports to 63,902.43 tons, ring than to reduce 1,435.66 tons (2.1%), down 46,226.1 tons (42%); month export volume was 107,515.36 tons, the chain increased 15,499.9 tons (16.8%), an increase the 56,491.48 tons (111%) .9 month imports continued to decline the previous month, exports continue to increase, while overall exports of the domestic level and twice as much compared to last year, compared with the year 9 Exports have improved significantly over last year levels.
stainless steel market is due to the current violence to profit from change. IT person to create steel stainless Zhuo Xiao Bian said stainless steel is currently very small profit, but the shutdown of loss is greater and therefore remains pre-production. To survive, to win the profits, more inclined to export steel. This is also from another perspective, an information disclosed to us, the domestic stainless steel recession index is too high, too much selling pressure. Ten less than the expected nine silver gold, steel exports to see a glimmer of hope that reason that we firmly grasp the tail of exports in an attempt to escape the shadow of the domestic market. Winter came, and capacity utilization less, downstream demand was even more dismal. This is the first I've just watched a message, TISCO response to Russia's anti-dumping duties imposed, or will be cut, said. Market,UGG boots, lack of resources, re-cut steel, resources, or even scarce. Zhuo Xiao Bian stainless secretly record information concerns: domestic steel prices, Steel City is not into a vicious cycle?
charge group
finished product prices rose slightly on Monday, affected by, today's price of imported ore firm steady, inquiries are increasing, but demand is not to become useful in view of Wang River,UGGs, so the market is waiting to see atmosphere is still strong. Currently, 63.5% of the mainstream of Indian meal 158-160 U.S. dollars / ton ,58-59% of the 120-121. Port spot a small increase of 10 yuan / ton, 63.5% Indian port of Tangshan powder 1180-1190, Rizhao Port 1180 yuan / ton. The overall domestic stability, by lack of resources and Dongchu support, mining companies are still optimistic and is Qianxi, 66% wet basis Zunhua not included 980-990 yuan / ton; Northeast Jianping, 66% wet basis without Lingyuan Tax 920-930 yuan / ton, individual high; Shandong Zibo, Weifang dry ore 65% tax 1310-1320 yuan / ton; Shanxi behalf of the county, 65% wet basis Fanshi not included 900-920 yuan / ton . Now become useful price shocks, investors temporarily uncertain, affected, iron market is still narrow material consolidation, price and more stable disc.
the overall stability of today's scrap steel market, according to business understanding, market sentiment began to return to warm, the recent development of the domestic steel mills have steel prices policy in early November, the general tone above the main business of the call to increase the market mentality However, local leading electrical steel has limited influence, not the overall procurement efforts. Raw materials, iron ore next year, negotiations have begun, the market supply and demand sides have to make contact and exchange. The new pricing mechanism or become the focus of the negotiations, supply and demand and price but had to retreat to second. Overall, the scrap steel market will be a slight increase in short-term oriented.
steel group
accidents rose by reference to the market, steel prices rose and the second leading building materials, thermal paper has a small pull-up spot the impact of a steady today in the board slightly higher in some areas. However, price increases, said business after the transaction feedback reduction, the terminal demand or reservations. Winter is coming the present situation, with the cold weather and further, the steel end demand may have varying degrees of atrophy, plate no exception. Most traders lack of confidence in the latter part of the market, are skeptical, basically chose to temporarily wait to deal with. In the short term, lack of motivation Market prices, businesses should exercise caution.
opened on Tuesday by a narrow range of stock prices rise and the impact of change for the better deal, Tangshan hot strip market rose slightly. Specific quote is: 2.5 * yielding 145 Long quotations in 4220 yuan / ton, compared with the previous trading day up 20 yuan / ton; Tianzhu same specifications reported 4,220 yuan / ton; Ruifeng 2.5 * 145 offer for 4240 yuan / ton, on the trading day up 40 yuan / ton; State High Yield 2.75 * (232-355) Price in 4,Bailey UGG boots,350 yuan / ton; Harbour Ring (252-355) * 2.5-2.75 offer 4,230 yuan / ton. Local 145 yesterday, down slightly after a small band factory, market trading environment increasingly active, the enthusiasm of businessmen getting goods to be mobilized, with a slight rebound in the afternoon billet prices, so today the factory narrow band Tangshan region rose 145. Pipe factory orders currently in good condition, to some extent narrowband support prices, but as the weather turns cold, the end demand remains to be seen whether the heavy volume, the latter narrow billet prices will continue to follow the price fluctuations. 355 series of recent transactions can still be mainly limited power reduction Shengfang region, downstream cold zone, and the demand for steel pipe plant will be transferred on or around the city of Tangshan. Called thermal volume terms but the growing pressure on amplification, and stock prices generally lower than the large amount of steel, if the later thermal paper market weakness remains in the doldrums, rising steel prices are also not strong. Recently Tangshan area is expected to maintain the shock of hot rolled strip market correction more likely.
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