Stainless Steel Bar Mainly used
Triggering a stainless steel bar market to raise interest rates in disguise
Last week, stainless steel bar futures fell sharply, the main 1710 contract on Thursday hit the daily limit, and led the black industry chain weakened across the board. The market is worried about the systemic risk concerns is the main driver of the market crash: the international side, Canada's largest real estate credit companies face a huge crisis, the market worried about the global systemic risk; domestic, the recent tightening of the financial sector, Sustained tensions, stock stocks are a continuous decline, affecting the commodity market.
But after last week's crash, the market pessimism has been fully released. From the stainless steel bar market, the current fundamentals are still good, and there is no very sharp contradiction between supply and demand. Although crude steel production continues to increase, but the demand did not appear signs of a clear weakness, the downstream site procurement is still maintained at a high level, the social stock after the holiday is expected to decline from the side to prove the current demand is more robust. In general, we believe that after the full release of panic, the steel price of the repair rebound or will continue.
Financial leverage continues to advance
Recently, a line of three will be strict regulation, financial leverage continue to advance. Recently, the relevant supervision and supervision of the Securities and Futures Commission to control some of the securities companies to carry out self-examination of regulations. Around the banking sector to carry out on-site inspection, outsourcing high-pressure regulatory situation is difficult to retreat. The CIRC also issued a request to strengthen the institutional equity, the authenticity of the shares of funds and related party transactions supervision, is strictly prohibited insurance funds to invest in basic assets unclear, the funds go unclear, the risk situation is unclear and other multi-nested products. In addition, the central bank from last month began to tighten open market operations, net delivery dropped. A line of three will be introduced intensive regulatory measures led to more and more tight capital, capital costs continued upward, triggering the stainless steel bar market to raise interest rates and shrink table concerns.
Stainless steel bar is divided into 2 series, 3 series, 4 series. 2 series such as 201 stainless steel bar: belongs to chromium - nickel - manganese austenitic stainless steel, magnetic relatively low. 202 stainless steel bar: belongs to chromium - nickel - manganese austenitic stainless steel, the performance is better than 201 stainless steel. 3 series such as 301 stainless steel bar: good ductility, for molding products. It can also be hardened by mechanical processing. Good weldability. Abrasion resistance and fatigue strength is better than 304 stainless steel. 4 series such as 408 - good heat resistance, weak corrosion resistance, 11% Cr, 8% Ni. 409 - the cheapest model (Anglo-American), usually used as a car exhaust pipe, is a ferritic stainless steel (chrome steel).
Stainless steel bar is mainly used for aircraft engine blades, casing, fasteners, combustion chamber, disk, shaft, combustion chamber wall, liquid oxygen kerosene engine, projectile, steamer, propulsion device. Widely used in aerospace, aviation, atomic energy, nuclear energy, petroleum, chemical, and food, environmental protection, marine development, boiler heat exchangers and other fields.