The steel price has finally risen, and the inventory has finally fallen back. The business mentality of the domestic spot steel market can finally be loosened. According to the latest market report provided by well-known domestic steel information agencies, the domestic steel market has recently gone from up to down, but the contradiction between supply and demand has not been completely resolved, and the market mentality is optimistic and cautious. According to monitoring, domestic steel prices have risen for the second consecutive week, and market transactions have also improved. The total domestic steel inventories have also declined to some extent. The mentality of the merchants in the steel market has picked up, and the performance of the intermediate demand has begun to flourish. However, market participants have reported that the current funding pressure is still relatively obvious, and the terminal procurement of the steel market is still inhibited, which brings uncertainties to the sustainability of the steel market. The business mentality has kept full of caution in optimism. According to analysis, the increase in domestic construction steel prices is slowing down. The main reason is that the demand side still lacks sufficient recognition of the current market price, and the market's awareness of conservation has begun to rise. However, quite a few traders' desires for growth are still relatively strong. The construction steel prices in the East China region such as Shanghai and Hangzhou are on the rise; the leading manufacturers of construction steel are also raising the ex-factory price, which has helped the spot market. In the current situation of low-cost resources, it is expected that the domestic construction steel market will continue to strive for stability in the short term. The average price of hot rolled coils is still rising. From the feedback in the market, market confidence is still slightly fragile, and downstream demand is not enough to support the stable operation of steel prices. As the futures steel price trend showed signs of weakening, the middle demand of the hot spot in the spot market immediately showed signs of shrinking, and the wait-and-see mood of the merchants turned stronger again. Shipments are better for some low-cost resources. If you want to continue to push up the price of hot coils, you still need downstream demand. The cold-rolled coils oscillated as a whole, but they were slightly dull compared to other varieties. The reason is still that the effective demand release in the downstream of cold rolling is relatively slow, coupled with insufficient reduction of production and maintenance of cold-rolled leading steel mills, and the inventory pressure of cold-rolled coils is still relatively large. Many merchants reported that this year's opening, domestic car production and sales have declined, the home appliance industry is also relatively depressed, the downstream demand for cold-rolled steel has been unable to open. In the short-term, the contradiction between supply and demand is difficult to ease, even if the merchants' willingness to pull up is stronger, but the market turnover is too weak, which is insufficient to support the continuous rise of cold rolling prices. Relevant institutional analysts believe that the weather is getting warmer. The relative demand peak season is always coming in the year. Long products are first and the plates are followed up, which brings the steel market to the market for two consecutive weeks. However, judging from the "inner physique" of the market, the contradiction between supply and demand can not be completely solved, and the steel market is rising, and there are still many people who worry.
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