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Large sea diving steel prices the lowest price in nearly three years

    Haikou steel prices big "diving."

    Every few days to fall to its lowest price in nearly three years.

    Series of steel prices this year, "diving" so that the sea is very depressed a number of business operators,glue stick yesterday, the reporter visited the steel market in the near Xiuying steel market and found many, many types of steel prices this year, all the way down.

    Lower prices lead to a price-free city.

    Xiuying Area with steel in the market, more than a decade of stainless steel business, Mr. Lin, for the continued market's decline in steel prices, appears to have been caught unprepared.glue gun Haikou, the stainless steel price decline in March of this year, and just started a month for a fall, a few days now there is a decline. He sells some type of stainless steel last year sold about 2.5 yuan / ton, and now the market price is about 20,000 yuan / ton, down 5,000 yuan per ton of steel. "This is the lowest price in three years, I engaged in steel for many years, was the first time face down into a short period of time that steel prices." Lin said.

    Subsequently, the reporter arrived at the King Shan District, Cheung Road in front of a shop steel market, pointing to the company boss in front of stacked steel rod hill frustration that the recent two or three months, the company rolled steel goods go away slowly, a lot of products due to falling demand and backlog. He said their company back from the factory into a model of the purchase price of wire rod of steel is about 5,700 yuan / ton, and now the market price is about 5300 yuan / ton, the price is upside down, and even there there is no market price of the phenomenon.

    After the expected rebound in November.

    Haikou series of steel prices this year, "diving" issue, the reporter interviewed the relevant people of Hainan Provincial Department of Commerce, his analysis that this year the state has to make macro-control of steel, which, on the one hand reduced the export tax rebate rate of steel products, on the other hand and increase export tariffs on low-end products, these control policies on the cumulative effect will be downward pressure on domestic steel prices, then there is this year, many real estate development costs by increasing the pressure, slowing real estate development, the construction steel to some extent. In addition, steel prices continued to decline led to watching the market atmosphere, less transactions, accelerated the decline in steel prices.

    Insiders also believe that lower steel prices is only temporary, because the iron ore and coking coal used in steel prices, the rising cost of steel prices on a strong supporting role, while the market demand is still showing an upward trend, the future Steel prices will rise. In their view, the market price of steel is expected to Haikou in November will go up again later, but the price is not skyrocketing.

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