Direct selling of food grade stainless steel pipe manufacturers

Today, the price of domestic food grade stainless steel pipe fluctuated. The mainstream quotation of 5.5mm plain carbon hot rolled open plate in key domestic cities was 3212 yuan, with an average price of 14 yuan lower than yesterday. Today, the hot-rolled coil Market in major domestic cities continues to decline, and the decline speed has exceeded the scope of business regulation, and the decline momentum is further expanded, and businesses can only follow the overall situation of the national market. In the early stage of the market, due to the hot weather and other reasons, the terminal steel consumption is less, and the market price has also declined. But now it has entered September. According to the law of previous years, as the weather gradually turns cool, the market demand will increase, and the market price will rebound; However, this year, the market demand has been at a low level, and the market price has been falling all the way, and the business confidence in the market has been frustrated again. On the macro side, the upstream coke, although according to the data of the Bureau of statistics, the coke output in July was 40.2433 million tons, down 2.1% month on month. Negative growth rate has been maintained for five consecutive months, but judging from the cumulative output of 274 million tons from January to July, it is difficult for coal prices to rise in the later stage of the market. In terms of iron ore, at present, the domestic iron ore output and import volume have decreased, but more storage volume has suppressed the market price of food grade stainless steel pipe in the later stage, and it is difficult for the market price of iron ore to recover in the short term. At present, the price of scrap steel in major domestic cities is also at a low level. The low price of these raw materials will certainly restrain the spot market price. Moreover, at present, the overall market demand is still hovering at a low level, the effects of various macro-control policies may not be obvious in the short term, and there is great resistance to the recovery of domestic market prices in the short term. In terms of the international market, businesses with exports may have some new opportunities. According to the August U.S. manufacturing PMI released by Markit recently, the final value of the index in August was 57.9, exceeding market expectations and the highest value since April 2010. Although slightly lower than the initial value of 58.0, it is significantly higher than the final value of 55.8 in July. For some businesses, the advantages of the international market are far greater than those of the domestic market; However, for most businesses in the domestic market, the shipment volume may remain low in the short term, the market sales are weak, and the market price support is weak. It is expected that the domestic hot-rolled coil market may continue to fluctuate and weaken in the short term. Steel futures prices continue to decline, the degree of market panic is intensifying, businesses do not have any confidence in the later market, and the spot market is deserted. For steel mills, due to the recent continuous decline in prices, businesses generally maintain or reduce the agreed volume in order to reduce their own risks and strictly control their inventory level. The orders of Wenfeng, Yuanbaoshan and other second-line steel mills are not enough to maintain price stability. The lock price of second-line steel mills is depressed, which makes the originally depressed medium and heavy plate market continue to be depressed. In terms of raw materials, the prices of ores, billets and other raw materials continue to fall recently, which further reduces the production cost of steel mills. In the case of the overall decline in the price of the medium board, traders also accelerated the speed of shipment and realization. On the whole, the market price of food grade stainless steel pipe still has a downward trend. To sum up, it is expected that the market price of domestic medium and heavy plate may continue to be slightly adjusted in the short term.