Home> Industry News> Futures capital disk back and forth shuffle 304L stainless steel seamless pipe spot end into the range of oscillation

Futures capital disk back and forth shuffle 304L stainless steel seamless pipe spot end into the range of oscillation

May 07, 2024
With the end of April in China, an important economic conference was held, and the domestic economic development direction was set. Before the holiday, the risk aversion of funds was strong, and the market fluctuations were narrowed. In the short term, the re -production and resumption of steel companies still existed. The demand for raw materials remained tough. Most of the 304L stainless steel seamless pipe market transactions were mostly purchased on demand.
 
 
     Factors affecting the price of 304L stainless steel seamless tube
 
 
     It is expected that the total amount of scrap is nearly 10 million units
 
 
     The state calls on multiple industries to expand new economic growth points with old replacement. Seven departments including the Ministry of Commerce and the Ministry of Finance jointly issued cars to use the new subsidy rules for the old to subsidize passenger cars, encourage consumption, increase corporate investment expectations, and drive the development of the manufacturing industry. Expand the demand for steel and facilitate the price trend of seamless tube of 304L stainless steel.
 
 
     In May, 16 high furnaces plan to resume production
 
 
     At present, the situation of strong demand for strong demand will exist for a long time. It is prepared for long -term "tight life". The upper level is expected to introduce production control policies to increase the policy support for green low -carbon transformation, and inhibit the prices of imported materials such as imported iron ore. The rational rising significantly, but considering that the re -production of steel companies is still there, the demand for iron ore and double focus increases, and there is room for further rise, raw materials will continue to promote the upward materials.
 
 
     Russia temporarily cancel some coal export tariffs
 
 
     The Russian government has resumed the elastic tariff system for coal exports since March 1 to link the tariff rate to the ruble exchange rate. The tariff rate is generally between 4%and 7%, depending on the exchange rate level. If the exchange rate of the ruble to the US dollar is less than 80 to 1, the tariff is 0. It will cancel the export tariffs of power coal and smoke -free coal from May 1st to August 31st to balance coal exports and domestic consumption.
 
 
     Russia is the second largest source of coal in my country. The proportion of imports accounts for 22%. After the tariffs are canceled, the cost of importing coal imports will be reduced, and the coal import shares will be expanded. Tube price trend.
 
 
     Comprehensive view
 
 
     With the flow of northbound funds into the stock market, multiple stocks in real estate rose sharply, and most of real estate -related increases, the capital market has expected "real estate bottoming", but the seamless stainless steel tube of the futures market is still "tepid". The judgment that was not easy to fall before the May Day holiday, the futures funds were washed back and forth, and the spot end was trapped into intervals.
 
 
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