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March domestic steel prices rose more or less?

 
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meishengchao
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PostPosted: Wed Jan 10, 2018 5:03 am    Post subject: March domestic steel prices rose more or less? Reply with quote

March domestic steel prices rose more or less?The steel industry, as the pillar of the domestic economy, experienced the ebb and flow of this wavelength cycle in synchronization with the domestic economy. As the domestic economy stabilized and bottomed out, the steel market also took it. In the meantime, under the ebb and flow of prices, long-term losses and other dismal conditions, as well as the reform of the domestic steel industry in the past two years, capacity-building, elimination of backwardness and other reforms have been effectively carried out. The environment in which the market is located has quietly changed. The most fundamental Will directly confirm the mentality of people in the steel trade enterprises, the psychology after the baptism will be more rational, less impulsive, of course, anti-strike capability also increased, that is, a little bit of bad news will not cause panic selling bargain-hunting.
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For example, after entering 2017, the terminal demand in January and February has gradually recovered, but it still has not reached the normal level. According to the transaction of Nanchang Market after the steel market was opened in the year, the market is mostly the transfer of resources rather than the terminal Digestion of resources, driven by last year's market rally, "coal steel coke" market attention is unprecedented, a black related good news, the influence is often magnified, private capital market participation and activity from this change It is very high, from this point of view the role of small reservoirs this year or more than last year.
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The most uncertain or will be this year's domestic demand for steel, the price rise, the need for support, there is no demand with the air-pulled prices will often lead to plunge, here we focus on next year whether the steady growth of steel demand . Recently, spot prices continue to fall, and some of the resource prices are very much below the direct sale price. Billet profits so rich, will adjust the stockpile of raw materials to suppress the price of raw steel billet and thus increase their own profit margins mentality.
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Therefore, although the 27th finished product after a sharp pull up performance may be, but the procurement of raw steel billet enthusiasm is obviously not good. In short, the short-term billet market negative factors increase, the price is difficult to chase high, or the potential adjustment may be, later will continue to follow manufacturers to understand the implementation of limited production and resource supply changes, the current round of steel prices continued to pull up, causing steel Concurrently wen wen late warning, five ministries joint vocalism to suppress speculation in the steel market to deliver a stable steel price signal, although the steel prices continue to suppress the suppression, but the market has not been affected by the abrupt rise to decline.
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