According to monitoring data in the latest week rebar per ton is about 3800 yuan, down conversion, only sell 1.9 yuan per kilogram. Castle Peak Red Frank farms, cabbage yesterday's price of 3 yuan / kg. Sell ??1 kg of steel is far from enough to buy 1 kg of cabbage? Industry insiders say that steel prices this is lower than the price of cabbage.
 
Yesterday reporters in Xudong steel market to see the steel piled on the shelves already have most of the rust-colored, the shade in front of a few porters poker. A porter told reporters that the market is dominated by retail. Business is poor, people in charge do not have to market, only porters and guard the goods of some of the families. The Hanyang Qintai steel market Guofeng Steel trading company Liu told reporters that the business downturn, steel prices have almost every week down some, "are now sold at a loss."
 
Insiders told reporters that although the steel network offer up to 3700-3800 yuan / ton, but turnover in the actual transaction price again dozens to one hundred yuan. Compared to the previous 4200-4300 price has fallen by about 500 yuan. "On this basis, the foreign steel lower and lower around $ 200, but even so, the orders still in the reduction.
Increased procurement costs, steel prices have been "stumble" endlessly and steel enterprises are suffering too. Since May, Wuhan Iron and Steel has for three consecutive months down steel prices, other steel prices in the industry for steel ex-factory price down.
 
The steel price is not as good as the price of cabbage, it sounds very cheap. But industry sources said steel prices, in reality, this not as good as the price of cabbage.
 
Currently cabbage 3 yuan / kg, if you want the pound of steel is worth a pound of cabbage, steel prices reached 6,000 yuan / ton. But so far, the steel in 2007, the 2008 situation is excellent and only up to 5800 yuan / ton.
 
Since the beginning of this year, steel prices in 4200 yuan / ton is a good price. If steel prices really sold the price of cabbage, steel prices, and dealers may have to grin.
 
The face of winter in the steel industry, analysts say the downturn of the steel industry, mainly overcapacity problem. To promote steel prices reduce production capacity at the same time, he suggested, iron and steel enterprises save energy is the key, in order to reduce production costs. In addition, in the financial markets use futures lock forward price of steel, to avoid losses.



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