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The market is expected to good steel prices asymptotic high

Release time:
2017/02/10 09:26
Abstract:
Benefit from the downstream real estate and infrastructure construction and long construction period, this year, the demand was significantly better than last year, and the performance has been relati

  Benefit from the downstream real estate and infrastructure construction and long construction period, this year, the demand was significantly better than last year, and the performance has been relatively stable, so the market for "gold nine silver ten" have strong expectations. Has entered the August, part of the demand has been started in advance, downstream and middlemen have part of the preparation of the library, the downstream demand has shown a steady state of recent strength.
    Supply side reform has signs of acceleration
    August 4, "People's Daily" published three consecutive articles on the Baosteel, Maanshan Iron and Steel and Wuhan Iron and Steel to the production capacity of the investigation, respectively, from the industrial upgrading, man Kong adaptation, policy landing three angles analysis of the steel industry to face the problem of production capacity , And that production is imperative. From the official media a series of articles, the current iron and steel industry supply side reform has been a substantial sign of progress.
    In addition, the Environmental Protection Inspectorate's environmental inspection is still ongoing, it is reported that the current environmental inspection in Jiangsu Province is basically over, a number of steel production enterprises in Jiangsu due to environmental issues were ordered rectification. Environmental Inspectorate will follow up on other provinces and cities to carry out inspections, including China's steel production province of Hebei, Shandong, Shanxi, etc., the current round of environmental inspection involves a wide range of intensity beyond the market expectations. With the deepening of environmental protection inspection, due to environmental problems and limited production, stop the steel plant may gradually increase.

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