Steel City, The First Two Months Of The Current Callback Dumped Steel Goods Trade Operators For A U

The new decree regulating the property market stock market crash, which is also up this year’s rapid pace of price increases suspended. And after the Spring Festival all the way up the steel market has finally broken this can only rise under the influence of the myth or not, there has been almost two months since the first callback. Industry insiders say that steel prices, at least short-term correction of the signal, Steel Prior to store goods on the market to be up in the steel trade have already begun volume shipment rejection, but the deal is unsatisfactory.

Steel City, the first two months of the current callback

The property increasingly stringent regulation and control policy, coupled with international commodity prices and Oil Prices fell short of domestic futures market forces prevail, the Steel Adversely affect the spot market.

According to Langer Steel Information Research Center, market monitoring, as at April 23, China 10 major cities 25mm two rebar, 6.5mm high wire and cold rolled products price decline in varying degrees.

This is straight up steel prices since the New Year after the first 8 weeks after the callback. Well-known spot trading platform steel Route Western analysts believe this new, national efforts to control the property market is unprecedented steel a major negative factor in the callback. Following the two sets of mortgage after the introduction of the New Deal, the State Council introduced the three housing loans in full swing in the New Deal, and the first time to curb housing prices accountability. The China Banking Regulatory Commission on April 22 has been identified on two suites of “Housing is limited to” a fundamental subversion. Moreover, real estate companies in the capital market financing plan has been halted, the purchase of housing measures in the consumption tax and will in some cities. There are indications that the state regulation of prices by playing the “combination punches” to be violent than many imagined, and this will inevitably Building Post-steel demand impact. Therefore, the analyst believes that steel prices will fall into short-term consolidation pattern.

Steel trade goods business turn around For Rejection

Policy in the property market before the introduction of two weeks, Chinese Commercial News reporters Zai Shanghai and Song Jiangyi steel market to see a large number of new pressure in the rusty second-hand goods entering the busy scene, because the steel is trying to challenge last year’s high steel trade business also confidently expected prices, hoarding goods around. But the blink of an eye, the steel market, a large number of traders are anxious to ship.

“Relationships before I was looking for more store channel hope some of steel, but now seems to quickly fall out of these goods is right after all steel prices have gone up so much.” Said a steel trading business “From mid-March to the present one and a half hours, steel prices rose by 900 yuan per ton, Plate Ton also rose from 800 to 900 yuan. Since the real estate after the introduction of the New Deal, particularly in the April 19 date of the stock market crash, the steel market prices was particularly severe, down 70 yuan per ton. “

Lange Iron and Steel net horsepower analysts believe that the three mines concerned have requested a substantial increase in iron ore prices rising cost of steel is expected to make strong, which is up before the steel market has been the reason, but because of real estate control policies introduced, stock market slump and other factors, rising steel prices hit a ceiling, will present the recent volatility of steel market trends, regulatory policy is not known whether the market outlook will continue to produce, if it continues to pressure the market, then the steel is likely to continue to decline.

However, the traders also admitted that “high-volume shipments in the current market it is difficult to Shanghai, the World Pok security restrictions, coupled with rain continued, the market demand is not completely original release, before the steel is also more Trade turnover between the steel business, as we all expected prices to rise, but now the price is not good, no one willing to take up disk traders. “