JIANGMEN MOSCOT OPTOELECTRONIC TECHNOLOGY CO.,LTD. , https://www.sensorsled.com
No demand to support the steady decline of raw material market
Recently, the domestic raw material spot market has stabilized and weakened. Among them, the spot market of imported ore is stable and weak, the iron powder market continues to fall, the billet market is stable and falling, the pig iron market continues to decline, and other varieties of raw materials continue to be weak and stable. Specifically, the domestic imported mineral market has weakened slightly in recent days. The external market and the domestic port spot market are all stable. The individual inventory pressure is relatively high. In order to speed up the shipment, the quotation is slightly loose, the market inquiry is general, and the transaction remains. No improvement. In terms of internal mining, the domestic iron fines market has continued to decline in the past, and the market mentality is not good, and the transaction is rampant. Under the pressure of the reduction of purchase prices by steel mills, prices in some markets in Liaodong, Hebei and North China continued to be weak. Tangshan 66% iron fine powder wet base ex-factory price is 10 yuan / ton lower than the previous day, the previous quotation is relatively firm, the Daixian market is slightly loose, Jianping, Anshan and other market prices continue to fall. Since last Friday, Tangshan billet prices have fallen by 30 yuan / ton, the business pessimistic attitude is more serious, more bearish after the market, so that today's domestic billet market continues to decline. Among them, the northern Tianjin, Liaoyang, Wu'an and other markets were weak, and the quotation continued to decline. Tangshan billet prices are temporarily stable, and the market transactions are general. The steelmaking pig iron market continued to be weak, and some regions continued to decline. In Zibo, Shandong Province, the inventory increased, some steel mills began to reduce production, the purchase of steel pig iron, the price fell, the Tangshan market due to poor turnover, and inventory pressure, the offer is also slightly lower. The scrap market remained weak. Some market players were more aggressive in shipping, and the offer was slightly loose. The market panic spread and the transactions were general. Among other varieties in the raw material market, such as coke, refractory and other market quotations are stable, and the overall market turnover is less. The domestic steel market continued to decline. Steel mills are not active in purchasing raw materials. The market has no favorable policies. The business mentality is more pessimistic. Some varieties are weakly quoting. It is expected that the short-term raw materials market will maintain a weak consolidation trend.