Today’s black system is split again: the material is weak and the ore is strong. The transaction of سٹینلیس سٹیل پائپ was very light, and the enthusiasm for trading and speculation was not high. The price of iron ore rebounded again, and the enthusiasm was radiant.
Why does this happen? The demand for stainless steel pipes has been met by stages after replenishment two days before the end of the terminal. The demand cannot keep up with the demand. Today the market starts to wait and see, so the expectation and speculation are also weak.
In terms of iron ore, it is due to the rebound of the disk that drives the spot resonance to rise. The actual demand of steel mills is also a little similar to that of سٹینلیس سٹیل پائپs. The purchase has supplemented the rigid demand in the past few days. The traders have a strong willingness to stand up for the increase of the spot price, but the demand and the actual situation have also split. Therefore, today’s iron ore price rise transaction has not been generous.
Although the material is weak and the ore is strong, in fact, the transaction has not followed, and the confidence in the سٹینلیس سٹیل پائپ market is still in a stage of weakness. This may be due to the high expectations in the early stage and the sequela of the reality of "cold water”.