Chinese hot-rolled h section steel, Tianjin West h in conjunction with the ever-rising value dangers

Social stock of five varieties of steel 14.7902 million tons in China, a 475,300 tonnes, decreasing the total inventory of 3.1%, of 14.8378 million tons compared with final week's inventory decline only slightly. Future, gold nine silver ten season quotes promoted, steel Terminal consumption smooth development, and Mills production starts enthusiasm improved, Jin West h steel production high,, will tends to make China Steel social inventory ended fell, but material expense fast with rose, considerably compression steel profit space, Mills production also to continued higher, is expected to future steel social inventory also to rapidly by drop turned liters, will may perhaps quick touch late. Downstream demands surface: Strip market entered rally quotes Hou, downstream tube factory, and plated zinc, and cold-rolled, hot rolled steel H beam companies is entered downturn stage, early of "a branch alone show" hot quotes finish, though now downstream received single predicament nonetheless at fair State, but as a consequence of hot strip material cost of higher enterprises profit space was significantly compression, so for identified profit downstream on hot strip of procurement extra holding "by needed procurement" of mode.
In early August, Jin XI h-section steel market vendors on the marketplace in the late struggle in Latin America, mostly as a result of external aspects for instance environmental protection, production uncertainty, up to now, the environmental controversy is occasionally pointed out, but the distinct implementation and policy usually are not clear on the current influence, nonetheless in "Thunder" situation. And early interest of bazhou district major manufacturers repair rumors continue, some traders impacted by the rumors affecting the stock to be up early operations, marketplace pull up all of the way, but manufacturers and repair also was postponed because of the continuous rise in prices, profitability and fairly substantial market companies is not going to easily missed. Market place risk intensified: with Strip cost of along soaring, and volume Board post steadily closer, existing regions Strip and volume Board post only maintained in 10-40 Yuan/tons ranging, face relative tension of strip sources for, portion just needed producers has started will procurement volume Board option strip of plans mention Shang schedule, volume Board social inventory major, and excellent has guarantee, and price not higher are will became late Strip market place uplink of inhibit surface. Strip steel and plate rates couple of post market release of a unsafe signal: plate costs are also low or strip rates too high, so late in a drop coils within the market high price resistance is large current Spike, Jin XI h in conjunction with the ever-rising cost dangers.
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Source:http://www.rgtsgroup.net