Since the second half of last year, domestic steel prices fell sharply, the continued downturn in the steel industry. Has been described as the steel in the first half of this year the situation is more severe than in 2008. Recently, the reporter field visits to my district several steel business operators to understand the impact to the market by the "stumble endlessly steel prices.
The reporters went to City Mall Road South, a building materials market. A building materials store owner told reporters that the couple could have been the steel business, but since 2008 the economic downturn deeper and deeper in order to avoid the couple ahead of the hands of the steel selling finished diverted to make stainless steel and sanitary business, but still struggling to survive. Helpless husband down nearby factories to work, take care of his wife in the store only. "The two shops rent adds up to some 10 million can afford to pay rent for me is the most urgent thing, I hope will improve in the second half of it."
Close to a building materials store Chen boss complained to reporters, pointing to the store filled with the steel to hold steel prices have certainly improved the belief the steel business, but did not expect steel prices will be all the way down, his savings, consumption light, seeing squeezed a large number of goods in the shops, but also worried that banks' lending. "These goods, if someone want, I prefer to sell them cheap."
The continued decline in steel prices has brought no small blow to our region's steel production enterprise cost savings, but to some extent, to the relevant manufacturers. Chen Shun steel Co., Ltd. is a production of Steel enterprises, the decline in prices of steel raw materials for the company to save Next no small cost of a, but by the real estate market downturn implicated engineering volume of orders than last year decline in the first half of this year's profitability is also tight.
Continued to fall in steel prices scrap metal prices fall, traders who rely on recycled scrap metal for a living, today's business has been increasingly well done. Originally a car scrap to make the previous 500 yuan and 1000 yuan, and now the acquisition of a car scrap can only make up on the hundred dollars, and sometimes the profits will be more modest, even to pay the fee and the oil money is not enough. "Went to steel plant Master Wang said where the acquisition of scrap metal, steel businesses have suffered, recycled scrap metal is no longer marketable, home scrap is simply piling up.
According to insiders, steel prices continued to decline, a heavy blow to the steel makers, but do not be too desperate, once the situation has improved, has been to lay a solid foundation, do the merchants of the comprehensive strategic plan to seize the sales favorable position is expected to turn around.



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