The recent road twists and turns in the steel industry

There are still many factors that worry about the iron and steel enterprises' market, and the decline in steel prices has also increased. Looking as a whole this year, the steel industry is still very difficult to operate. Miao Changxing, deputy director of the Industrial Policy Department of the Ministry of Industry and Information Technology, recently proposed at the "2013 Metallurgical Enterprises Management Innovation Summit Forum" that the downturn period of the steel industry will continue for about five years. The future development of the steel industry is exceptionally rugged.

The steel market was not prosperous in September. The market has been partially overdrawn in the off-season: “Jin 9 Silver 10” is the traditional peak season for the steel market. After entering the third quarter, both construction and corporate production will enter the peak season. However, in September of this year, it was "not booming in the peak season." The industry believes that in July and August of this year, “the off-season is not light,” the market has advanced overdrafts. In addition to the construction machinery market that the gradual recovery of the steel market will be a development trend, others are cautious about this.

The decline in the steel price in the domestic spot market has slightly increased, and the mainstay of rebar has fallen rapidly in recent days. It is difficult to predict the end of season demand recovery, the market is very worried about this is the slight increase in social stocks, combined with the performance of steel prices weak point of view, traders take the initiative to make up the library is unlikely; the other is Observing that the purchase volume of Shanghai Terminal Line snails, which recovered from the previous month last week, fell slightly again this week; besides, although the economic data for July and August increased year-on-year, the demand is very low and it mainly depends on Policy stimulus. As a whole, the development of the steel industry is still struggling. Before the signs of obvious changes on both sides of supply and demand were observed, we continued to maintain our judgment on the weak adjustment of steel prices.

Champ Consulting stated in the "2013-2017 China Steel Development Forecast Market Research Report" that steel companies have been affected by the overall economic situation at home and abroad in recent years and the overall development situation is not very good, even under the stimulus of "Golden 9 Silver 10" It is also not busy during the peak season. The ups and downs of steel prices have caused iron and steel companies to worry about the industry market. The imbalance between supply and demand has also increased the troubles of steel companies. In the next few years, most of the iron and steel industry may be in a state of continuous downturn, and the road to development is also tortuous.