The speculative demand of stainless steel middlemen decreased significantly
Date：2021-08-04 Views：6760
[building materials] the mainstream is weak today, with individual losses of 20-100; Among them, the spot atmosphere in North China remains depressed, the original intention of steel mills to support prices is loose, intraday resources are reduced twice, and there are few market transactions; Futures in South China are in weak operation, but market transactions are weak, traders are cautious, and steel mills are on the sidelines for the time being; Affected by the continuous decline of futures in Southwest China, the shipment of stainless steel pipe market weakened, and the price support of steel mills weakened, so they followed the decline and waited.
Raw materials
[iron ore] yesterday, the general index rose by $2.9. The merchants returned to wait-and-see, and the price reduction mentality of steel enterprises was still in place. However, after Xinda and Jinxi pressed the price yesterday, the beneficiation shipment at a low price was slightly denied, and the market returned to a stalemate. The transaction was cold, and most of them were on the sidelines. It is expected that the short-term domestic mine will be stable and wait-and-see operation, and there is room for adjustment of 10-20 yuan.
[coal coke] Tangshan quasi grade I metallurgical coke is 2770-2800 yuan / ton, and the ex factory price including tax is accepted. After the implementation of the first round of coke price increase, the coke enterprises shipped well, the inventory in the steel plant declined, the coke storage was mainly increased appropriately, and the coke operated stably, moderately and strongly in the short term.
[billet] Tangshan billet is temporarily stable at 5170 yuan / ton. In the market, the enthusiasm of the downstream to buy billets is not high, and the performance of direct delivery transaction of billets is weak. Futures held a green weak shock, and traders had a poor mentality. At present, the warehouse spot part was reported as 5100 yuan, including tax, and 100 yuan lower than that in the morning. There were few transactions and a strong wait-and-see atmosphere in the market.
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