Flat welding flange market price can only passively fall

- Sep 27, 2019-

    Steel companies with flat welding flanges have delayed their purchases or have completed this year's procurement plan. The willingness to purchase in the market is lower, and the outdoor weather is getting colder. The market situation of flat welding flanges is very deserted. As we all know, before the Spring Festival, downstream demand will not be significantly improved, traders are not well-sold, inventory increases, and quotations are gradually weakening. In the short-term, during this period of time, demand is difficult to release. Merchants are also confused about their views after the year. It is generally said that there will be no plans for winter storage in the near future to watch the market dynamics in the future. Therefore, the cost end support, it is expected that the local H-beam market price will be weakly stable in the near future. Recently, the steel mills have arrived, the flat welding flange market resources have been better supplemented, and the situation of the intermediate specifications and the price increase in the early stage has basically disappeared.

    It is reported that Wenfeng and Puyang have a shortage of existing orders. Puyang's medium-sized stock is -4-50,000 tons, and there are a small number of common board stocks. Wenfeng's hand-held orders are also less than five days. With the reduction of steel mill lock prices, the market price of flat welded flanges can only be passively followed, the business mentality is worse, and the company is not afraid to blindly lock prices, and the wait-and-see atmosphere is strong. The operating rate of steel mills increased, and the increase in Wu'an's stocks was more obvious. The market price of Wu'an market also resumed normal or slightly lower than normal. This week, the overall profile market is mainly stable. As far as the general situation is concerned, the variety of profiles is higher than other ones, because the merchants of the profiles are generally mainly for the construction site and are relatively stable. From the perspective of inventory, due to the impact of the recent weak market, the procurement of terminals has been reduced, and the overall profile prices are mainly based on smooth operation. Affected by the increase in hot rolling prices by large steel mills, private steel mills have increased costs, poor sales, slowed production and even stopped production. However, there is no concession to the price adjustment. According to the price of Shunde Pohang and Huaguan Steel Plant in January next year, it is said that it will still be dominated by flat.

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