Shanghai Hualei Enterprise Development Co., Ltd., general manager of Liang Taigeng analysts believe that, in September, October, construction steel market is expected to pick up, the recovery in prices, the range is limited. Phase fluctuations at the end of the year again, its magnitude depends on the release of steel production capacity, production and downstream terminal demand conditions change.
Domestic construction steel market in the first half of this year from the overall weak, sluggish prices in addition to a wave rally in March and April, May, rebar, wire rod and other construction steel market prices in the shock downstream channel to 7 In mid-January, the price is still consolidation has not yet stabilized signs of stabilization, mainly due to the downstream terminal demand, excess supply, the contradiction between supply and demand continues to be no relief, it is difficult to curb the momentum of the drop in prices. However, room for further declines is limited, the current price to enter the bottom of, and re-appear "upside down" phenomenon, predictable after a period of consolidation, to the "gold nine silver ten" With the advent of the traditional peak season, the downstream terminal effective demand for gradual release, threaded steel, wire and other construction steel market, prices are expected to bounce back.
However, the manager that the second half of the construction steel market prices may also be phase fluctuations in the stock market volatility depends on the capacity of the steel mills release, the yield increase. "Golden nine silver and 10", the price rally, stimulate the production of steel mills at full capacity, a substantial increase in yield, far exceeding the growth of downstream demand, then, late in the fourth quarter, do not rule out the present wave of price shocks down the market.
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