The demand side is still hard to boost business confidence
 
Growth down as well due to the major steel industry and downstream steel demand growth is facing greater pressures. In the major steel industry, the growth rate of general equipment manufacturing industry, the automotive industry, railways and ships and other transportation equipment manufacturing, electrical machinery and electricity, heat production and supply industry and other major steel industry continued to decline.
 
In addition, the simple demand is expected to have caused the steel city is too large waves. The market needs a real sense of the demand stimulus, the expected market due to late implementation of policies, on investment in place a series of uncertain factors. The profitability of this lower steel trade enterprise, no longer easily try the bet.
 
"Before every one positive factor, traders nerve is very easy to be stimulated, we are willing to take a risk. But now the market is hard to read, large amplitude are increasingly unlikely to emerge, businesses expect to reduce the amplitude Moreover, there is no more good, not worth the gamble. "analysts in their analysis.
 
"The real estate is to inhibit the development of a deadlock of the Steel City, only this knot, the steel city can develop real estate policy depends on the Government's policy." Han Weidong analysts believe that, but now the market is good or bad a great extent depends on the policy side, policy uncertainty, the business mentality will be affected, the Steel City will remain in the vibration pattern.
 
Inventory fell from the drop turned up steel prices under pressure
Some time ago, North and South at the same time a large area of ??rain affected the market turnover, the social stock of digestion is slowing down, with varying degrees of growth in some areas inventory, resulting in market prices than Yindie.
 
According to statistics, as of June 29, in 29 key cities nationwide building steel community inventories reached 8.164 million tons the previous week and over the same period, an increase of 17,800 tons, an increase of 0.22 percent, from last month dropped 4.3 percent over the same period, rather than the same period last year is still higher than 19.12%. National Society of steel inventory in the 17 weeks in a row after falling began to rise, including building materials stocks turned up by the fall, the sheet stock rise slightly faster rate.
 
"Stock began to rise again downstream demand data validation downturn," the analyst said, "In addition, steel stocks started to rise in steel prices will be formed to suppress, facing short-term market continued to decline."



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