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This week LME nickel and stainless steel bar scrap becomes lower, the domestic mainstream market in Wuxi, South Wenzhou, a round steel prices more or less have a follow-up to cut prices, Wuxi persuaded Prudential remains motionless, continue years before prices, mainly because the market demand is flat induced, because the downstream market has not officially opened, Castle Peak round 304 mainstream tax at 18600 yuan / ton, Castle Peak price advantage has been, yesterday's price also played a leading role, some businessmen prices are slightly down, Ningbo area round quotation slightly higher than in Wuxi, Ningbo offer higher amounts to 21500 yuan / ton, local traders to explain such a price is also just reference price, demand slump more than, market whole resource not smooth delivery, so the market is active also just stay in price rise, businesses wait concentrated, to test the market in the late demand, still should see demand trend. Lun Nie look back to back down trend preliminary exploration, the macroscopic surface is weak, to profile the market form a small pressure, type of city demand in the first quarter may be difficult to develop, the round steel price fell more than dark, level improve short-term hopeless. |
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