Steel Market Downturn Is Difficult To Change, Textile Machinery Enterprises Are Facing Better Raw Material Purchase And Purchase Period.

With the weakening of the stock market and the stock market, spot

The phenomenon of resource breaking in hot rolling market is still in existence. Individual businesses appear to take orders to replenish goods, but most of them still maintain quantity to wait for the arrival of new steel mills.

In general, there will be no significant oscillation in the current hot rolling market, but there will be a narrow trend in the short run.

According to the steel traders, the market terminal demand is still weak, and the procurement is on demand. The turnover is still in a small and stable state.

For Baosteel's cold rolling price adjustment policy, some businesses believe that the market is currently short of power and other steel mills have limited price adjustment, which will be more confused for next year's steel market and the spread of market sentiment.

Before the first quarter of next year, the bank's loanable funds are not enough.

This has made most businessmen begin to actively settle accounts as main work contents under the pressure of funds.

In the short term, the price of domestic cold-rolled coil will be dominated by weak consolidation.

At the same time, after entering December, the demand for steel was further weakened, and the demand for terminal was basically on demand.

At present, the capital market is still tight. Despite the macroeconomic policy and the liquidity in the market, it has little impact on the steel traders. At the end of the year, businesses are facing heavy repayment and payment pressure, which makes some businesses unable to purchase in the market.

In addition, the demand for market after the festival is still unknown. At present, the economy is at a low ebb. Most dealers are not optimistic about the post holiday market, and have taken a wait-and-see attitude, which makes the market paction fall to freezing point.

In addition, the recent decline of electronic disk, rising index even low innovation, more emphasis on the market pessimism.

Therefore, in a variety of biased factors, the steel market will not get better before the end of the year. It is expected that the price of medium plate will continue to be weak in the short term.

The domestic billet market continues to oscillate, the price of Tangshan area has been slightly adjusted, and the terminal demand downturn has not improved significantly.

The domestic billet market is in a steady consolidation pattern, mainly considering that the market is still in the low demand season, and the market confidence is weakening. The willingness to wait and see will become the mainstream, prompting the overall market trend to be mediocre.

Overall, the domestic steel market has been narrowing in recent years.

Among them, the market price of hot-rolled plate is small; the cold plate market is weak; the price of medium and heavy plate continues to descend; the price of the coating market is falling; the strip market is basically stable; the welded pipe price is running weak; the price of seamless pipe has slipped; the market price of the profile is weak.

The specific market movements of stainless steel and pig iron are as follows:

Stainless steel: Generally speaking, the European debt problem is far more complicated than expected. Although there are some signs of improvement in the short-term macro level, there is no sign of significant positive news in the short term.

Although Germany and France hope to amend the EU charter through conferences, although this boosts market confidence, it will take one year to achieve this goal in a specific way.

Judging from the trend of stainless steel, although the rebound of nickel prices in the London metal trading market has picked up in the short term, overall, the most difficult time in the stainless steel industry has not yet arrived. In terms of price trend, although the possibility of a short-term rebound is not ruled out, the overall trend is not optimistic.

Pig iron Market: domestic pig iron market continues to maintain steady operation.

In recent years, the steel market trend is still smooth, and the pig iron market is also difficult to make a big difference.

At the same time, raw material market is weak, and cost support is still weak.

As early Shanxi, Liaoning and other areas have stopped many stoves, at present, Shandong's market sales situation slightly rise, but the business stock is limited, the market uncertainty factors are more, this scene maintains time or is difficult to long.

It is expected that the market will remain cautious in the near future.

To sum up, it is still a good raw material purchase period for spinning machinery manufacturers.