The ore price of imported stainless steel pattern plate is easy to fall but difficult to rise in the later period.

In the short term, there is still pressure for further decline in cold rolled prices. From the perspective of steel mills, the mills have lowered the December futures price, which shows the steel mills' pessimistic attitude towards the later period. The expectation of price decline will still lead to merchants shipping goods at low prices. At the same time, there are more cold plate resources in the market recently, which has exerted great pressure on prices. Shenyang market prices are temporarily stable and on the sidelines. The local temperature is relatively cold. Both upstream and downstream manufacturers are bearish on market expectations, causing upstream and downstream manufacturers to reduce their sales at the same time. The demand in the Northeast market is obviously saturated, and it may face a new round of structural adjustment in the future. It is expected that domestic market prices may continue to bottom out in the short term. In the "cold winter" of the industry, it is evident that steel companies have difficulty in financing and have high financing costs. Although as the domestic economic growth slows down, the central bank adopts a series of monetary easing measures to fuel the real economy, the steel industry is still one of the excluded industries. The situation of tight funds in the steel industry will continue. Domestic hot coil spot stocks continued to consolidate yesterday, with East China, North China, and South China basically holding steady. Although production has resumed, resources have not been concentrated in the market in the short term. Market circulation resources are limited, especially in thin specifications, and there is an obvious shortage, while downstream procurement is on demand. , resources are still traded to a certain extent, so the overall mentality of merchants is acceptable; while in the Northeast, demand continues to shrink, sales are hindered, and merchants continue to secretly sell goods.