November prices of stainless steel pipe can best the preferred trend?
Silver ten passed, although steel prices appear a lot more substantial pull up in mid-, but ending by steady consolidation appears to become displaying slight negative breath. General, excellent rallied, along with the steel city's personal efforts "resistance", the bigger callback doesn't happen is often a very excellent trend. Come November, the most recent steel cost data issued, along with a new round of economic information and fresh news, steel costs may well seem the very best anticipated trends?
As usual, earlier this month, 1th, Sha steel building steel rates in early November policy was introduced, as well as final month's adjustment, building components rates continue to rise this year. The difference is, adjustments are relatively weak, with rebar increases the last one hundred Yuan/ton from 50 Yuan/ton, as well as other temporary unchanged for 30 yuan/ton. Especially, HRB400 ?? 14-25mm thread factory value 3080 Yuan/ton, HPB300 ?? six.5mm higher carbon wire price 3020 Yuan/ton, ?? HRB400 ?? 8-10MM disc screw strike 3030 dollars per tonne.
Sha steel to raise developing components factory, this fairly conservative, perhaps taking into account industry trends and seasonal characteristics of raw supplies. Firstly, billet rates lately at intermittent callback, even though at instances since the timber market place was comparatively active and small fixes, but then once more run below. As of November 2, 2430 150*150* billet cost Tang and Song dynasty Yuan/ton. In accordance with statistics information show that as of October 31, Tangshan steel inventory is 219,000 tons, continued to decline. Even so, steel mills not too long ago increased maintenance or as a result of mandatory cuts, restricted production, steel rates fairly higher steel stockpiles, and acquisition of, makes it difficult for steel continued to rebound. Once more, low rates of imported iron ore consolidation, hovering near $ 80, and scrap prices also fell to a 10-year low. Generally, raw material prices weakened.
On the other hand, quite a few indices supported steel factory price continue to rise and continue to marketplace. Was informed that the five massive Steel Community inventories continue to decline, the total dropped to ten.4338 million tons, continued to record low. Which wire stock fell below 1 million tons to 979,100 tons. However the price of decline substantially decrease which cold-rolled and sheet drop no greater than 10,000 tons. From inventory low, indicating that the marketplace down space expanding, but in the inventory decline, shrinking market place demand showing momentum. Maybe one of the factors why steel cost adjustment amplitude decreases. Because of this, above all, terrible has not disappeared, but short-term increase slightly gained the upper hand, and steel rates, presently in the month, spot steel costs will rise is understandable. Nonetheless, seasonal, is often completed on schedule to keep up with demand, limiting its rise. Conservatively estimated to be more than the largest boost in October, is much more complicated.
