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Optimistic and steel trade market business

Some steel trade the company's operators in the recent Ministry of Commerce and Steel Association on 304 stainless steel tube steel market outlook forecast to determine the trend of great concern. But overall shipments are still small, the May Festival the downstream market to determine the overall market outlook uncertain, the more confused, leading to decreased downstream procurement efforts, wait and see mood worse. Later, the market is currently fairly heavy volume the actual needs of the general, but some of them have been sold directly to occupy the major steel mills, so the share assigned to agents at all levels to cut off the hands of many. According to the Ministry of Commerce forecasts, construction steel consumption season coming, the end user purchases increased steel prices edged up a third straight week last week, domestic steel market prices rose 1.3% over the previous week, of which 20 * 1.2 welded steel pipe, ø12mm steel, 10mm common in the board were up 2.0%, 1.9% and 1.9%. Steel prices are still expected to slightly increase the recent space. China Iron and Steel Association has seen many market outlook, and its release in the April 19 monthly analysis report, the agreement could only meet orders for 7 percent, or even less, because the steel mills to increase export orders, export of steel to meet the needs first of all, put on the domestic market decreased, which shows steel reproduction of "sell very well" scene.

    
Gold, silver and crude oil commodity futures prices fell sharply, along with the market interest rate expectations is heating up again, resulting in today's electronic trading prices fell slightly, but the defensive performance better. Slightly lower today as the impact of electronic trading, the spot price of hot-roll the whole country basically remained stable, the main business operations consolidation. However, according to generally reflect the business, although a slight pull yesterday's price rise, as consumer holiday buying season, increasing inflationary pressures and increase international market demand, post-market steel prices will show a slight upward trend. That the trend in prices has been reversed in late March. Ministry of Commerce and the Association of the analysis and forecast of steel to the steel trade and the market outlook, business seems to add a lot of confidence in the market, and steel trade and business analysis to determine their approximate match. Optimistic and steel trade market of commercial real feelings come out from their own, feeling and perception, that after entering in May, there will be a wave of steel price rally. 304 stainless steel hot plate, a specialized steel trade, general manager of a recent interview with this reporter said that the amount of steel to give traders a significant reduction in orders, coupled with current upstream and downstream enterprises doctrinal wait and see mood, basically stocking demand procurement, resulting in actual sales business is not ideal. Will be expected recent market correction is still based.

 
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