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Behind the steel trade and truth bear bankruptcy

Since the second half of last year, domestic steel prices fell sharply and continued downturn in the steel industry, compared to the price of high platform diving in 2008 after the financial crisis, industry sources said the immediate downturn is more like a slow suicide. This sustained downturn, the fate of the steel traders are particularly compelling. Program some time ago, we started to concern over the fate of the steel trading business in Shanghai and Beijing, let's look at the Hubei steel trading business.
 
Here is Dan pool of the District, Wuhan riverbank production market, with more than 1,000 steel trade merchants, Wuhan City, the largest steel wholesale market. Merchants concentrated in the 14 trading floors. Each hall has more than 200 meters, both sides are operating the steel trade, wholesale merchants. Monday morning the market for a maximum of time, but the entire market area of ??over 30,000 square meters is almost no business customers to negotiate, each shop is very quiet. Although most of the shops are in business, but the bosses are just left behind the store, almost all the bosses are looking at a newspaper to kill time.
The steel trade that no business here, businesses that did not make money, almost flat, because they do not find the spot when a reporter asked whether the money.
 
Market staff visited the trading floor with a reporter, the reporter noted that each shop door has a blackboard, the above registration with the purchase of various steel products. But some merchants outside on the blackboard what not, on the windowsill and the window down a thick layer of dust, dirty house, to see for a long time no one cleaned. The staff told reporters that such shops are almost all the financial difficulties, has been shuttered. The staff took us to find a locked closed stores in six trading hall staff told us that a week ago, the shop funding strand breaks, boss bear the pressure of debt collection, committed suicide.
 
Wuhan Dan pond production market administrator may have creditors to find a house, and he is not very clear, anyway, in the end there is some things about last week when at home his wife jumping.
 
The market managers for specific debt situation, he is also not quite understand, boss, I hide debt on foot, could not be contacted. Leaving only an empty storefront, Founder, market management to prepare this shop leased to other tenants.
 
The dead things will affect the business of the entire market, managers no longer willing to too much to this topic, just tell us, the shops just extreme cases, there is no universally representative. However, this year, where many shops indeed appeared in the chain of funding crisis. In the trading hall, we found a special merchant from outside the shop, empty on the blackboard, it should be closed, but the door failed to lock the store it was.
 
The the Hubei step Jie Trading Co., Ltd. Manager salesman said that their boss for a long time did not come out to debt. Now left behind on the clerk in the store.



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