Shipment not free, steel price "staggered", the domestic endorsement diffuse pessimism. According to the latest market report, at present the steel price impact endorsement confidence, market confidence in turn steel price impact, a vicious cycle. Part of the steel mills has a little "sit still", are releasing maintenance reduction plan.
According to the monitoring, the domestic stock is still in the weak downside of the endorsement of the pattern. By steel futures market of sharply lower drag, plus downstream demand always hard to up, even if the individual steel varieties are short stabilising the bounce of the "attempt to", also don't stand firm heel, price and then turned down, endorsement pessimism diffuse. The merchants of inside market reflect, near the end of the month, merchants even more cautious in operation, mostly with delivery, reduction of price cut inventories.
According to 15 cities to domestic is home to more than 40 of the steel mills and home to more than 130 traders's latest survey, continued to clinch a deal price fell losing and steel, is pounding the confidence of the domestic endorsement, is to put the steel mills and traders highest proportion. The endorsement, for strong, need too weak, this is the main reason of the market is shrinking. To quickly boost demand the release of the continuous, obviously, obviously not reality, and then the only thing you can do is effective control the release of steel production.
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