Steel City spent in a tepid first half, while always difficult to pick up steel prices in the steel trade are more worried about the second half of the year. According to the report shows that steel prices will remain depressed in the short term. Urgent structural adjustment in a tough market environment, the domestic steel trade and industry to enhance the industry credit, reduce transaction costs.
According to analysis, the domestic spot steel market vulnerable die hard, the composite price index continued to fall, and the decline has been slightly expanded. Although three of the world's central banks invariably released loose good, but "direct response" of the steel market is still relatively flat and were unable to boost market confidence. Market participants believe that the three global central banks are invariably released loose good reflection of the grim situation of global economic growth. Difficult at a high level of steel production, demand growth and the shortage of the steel city of merchants mostly helpless price cuts shipping.
Survival difficulties at this stage, a number of steel trade, low steel prices and loan difficulties face two major problems. Some steel trading business, even self-deprecating, once the bank regarded as a "guest of" now it has become a "thorn in the side of them wary. More, many people secretly company letterhead in the steel, the steel trade, "the words removed. The steel market concentration as a steel trading business, once a shop is hard to find "hot scene, into today's empty, desolate. A steel trade and the city officials admitted that with the shrinking market financing guarantee function, today's steel market, is at an unprecedented low.
Analysts believe, a matter of fact, the risk of the entire steel trade and industry, as early as in 2010, there have been signs. "From the steel price, we feel not." He said, many experts on several occasions in public to pay attention to the steel trade and risk management and control, but all over the country's steel market, such as the continuing mushrooming. Investment enthusiasm flooded the risk of the steel trade and industry concerns. "
Self-examination after the steel trading business, they also want to countermeasures to help themselves. "The steel trade has begun to 'heating' Steel Trade and Chamber of Commerce also issued an open letter, hoping that the banks remained the original loan size. The same time, the pattern of the Yangtze River Delta volume and price down, some traders began to layout the westward route. "an unnamed industry sources said.
In addition, the Insiders also pointed out that the main problems of the steel trade and industry is the high transaction costs, lack credibility. Simply to take inventory of the market, lack of adequate and transparent public information society is difficult to judge effectively. Should strengthen the construction of credit system of the steel trade and industry, such as inventory, and other basic information into the open, transparent, or can effectively suppress the repeated pledge "and other irregularities.
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