Nearly 40 years old Xie, slamming doors out, leaving only the stove son alone at home.
 
At this time, the clock points to 19 o'clock, my son is hungry, he throw the same hungry son of a word: "You get some eat fried fried potatoes wire.
 
Of course, he do so is irresponsible son, but if he did not set foot on the road to recover the purchase price in Wenzhou, he felt himself and is not responsible for the whole family, he is more worried about his steel money.
 
What is a steel trading business into just such a situation? Old Xie canal an ordinary steel market steel trade, now the situation has almost made him utterly destitute. He was anxious to hand the center of Hangzhou, a house worth 3 million yuan. Very anxious, since listed in the intermediary, as long as it was suggested to be critically, even if it is in the field of debt collection, old Xie will do everything possible back to Hangzhou.
 
One night in mid-July from foreign debts back old Xie in Hangzhou at home, because some people want to look at housing. This house is not renovated, only "four walls" to describe - three rooms, each placed a bed, bed draped curtains. Guests showings, old Xie received a phone call on the phone, he said: "These days steel prices still fall much in the blink of an eye one ton lost a couple of hundred dollars ..."
 
The entire steel market continues to be hovering in the weak downturn, no improvement in recession. This is the old Xie in the steel trade and industry practitioners over the past decade has experienced the third wave of crisis, the first time is the time of the 2008 financial crisis, the second is the last year or this time is a continuation of last year's wave of the crisis. In fact, not only is the steel trade is the weight of the breath, upstream of the steel trade, steel mills are suffering too. China Steel Association data show that the first quarter of 2012 the steel industry the first industry-wide losses in the new century, iron and steel industry realized profits -10.34 billion into the industry losses by the steel production industry losses, the loss of up to 33% enterprises suffered losses amounting to 9.098 billion yuan.
 
In the afternoon of that day, the view room guests asked old Xie, "Why did you take so lots of the house sold?" Xie says with exasperation, now difficult to do business, the money it is difficult to come back, cash flow is not spirit, sellers can not things, many peers are similar ...
Guests the ultimate phase of the house of the old Xie. A visitor out, he turned around the younger son of the entered primary school said: "you get some to eat, I would like to go to another place for money!"
 
Finished, the old Xie and hurried out, leaving a child alone at home, old Xie far from assured, but even he does not rest assured that the steel trade business is there to pick up possible?
 
Indeed, the recession of the side of the industry as a whole day of Hangzhou steel trade is very distress, which is the transformation in the steel industry had to face the pains of China's economic structural adjustment on the road.
 
National Bureau of Statistics data show that the second quarter of domestic GDP growth of 7.6 percent, its lowest level since hit a three in the first half GDP growth of 7.8%. In the first half of this year, the domestic urban fixed asset investment growth from 20.9% at the end of the first quarter dropped to 20.4%, close to the low since the end of 2004. Steps towards economic development is no longer so rapidly, this is the way of adjustments to pay the price, the steel industry must transition.
 
Plummeting steel prices, July exacerbated the decline. Rebar, for example, the price of 4000 yuan / ton in July 2, after which prices began to steadily defeat yesterday, the price is only 3680 yuan / ton. Assume a steel trading business, is to eat into the steel in the July 2, and then to yesterday less than a month, excluding warehousing, labor and any other costs, the only difference on the loss of 320 yuan / ton.
 
The media and even to "endure to survive against the odds" to describe the steel industry. Exactly how the current situation, the reporter took one week traveled to Hangzhou major steel market, conducted a depth survey found, although the status of the steel trade and industry is not optimistic, but the blind expansion of the phenomenon has been halted, the steel trade is the collective contraction, industry chain enterprises restructuring. There are some things, the bad thing is a good thing!



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