Steel prices will continue to dip in July
 
Monitoring data from the point of view, July 11, Beijing construction steel in another 10 yuan / ton fell. Steel prices, although the decline is small, but still in a downward trend. "Steel prices, there is a slight decline in space." Said analyst judgment. However, steel prices fell to the number of in order to stop the bottom of the lie, the people in the industry are not lightly to judge.
 
The analysts believe that the current steel market can hardly be optimistic, if no significant stimulation, steel is also difficult to rise.
 
Metallic materials Chamber of Commerce, the Secretary-General Zhang Chunlu pointed out that the current poor market demand, the output is always do not fall down, steel prices difficult pulled up. Short-term point of view, the weakening of the international and domestic demand led to the grim situation, which is a major factor constraining steel prices. "As a result, steel prices will continue in the short term continue to shock the bottom."
 
Steel City has been in the doldrums, the bottom of the distance from the steel prices, so this month in steel prices is also difficult to rebound. "Manager of Beijing new mansions building materials limited liability company operating NORTHERN because shipments bad, steel prices difficult to rise up to the site in terms of shortage of funds, many site stop work, however, the field will be better. "Zhang has been the sales shift from Beijing to Xi'an and Changsha. "But, often steel prices is too large, the policy side will be a positive factor to stimulate Therefore, steel prices in the position of the Nanshang Nan."
 
Steel mills to limit production as well as macroeconomic policy is not particularly clear, though steel prices have been hovering at the bottom, but the inventory situation and needs are not the same as last year, so difficult to judge where the Xiaojing Li Pingxiang steel analysis says, "steel prices there may continue to dip."
 
The analyst said, in order to stabilize the market, steel mills and merchants have to consult, in the next period of time, steel prices in the maintenance of stability. He believes that in the off-season, the steel city is hardly better, "golden nine silver and 10" will also be a large probability event, after a period of time, steel prices will not have a high pull-up, will continue to shock the bottom.



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