Steel II "is difficult to make money
Fuzhou South Steel Logistics Center, a merchant Mr. Wang said, no one thought that the steel market this year, so in the doldrums, rebar also rose in April this year, per ton, more than 4200 yuan, but now it is only more than 3600 yuan.
Yesterday's quotations show, Fujian Sanming Steel Wire offer is 3910 yuan / ton, two rebar is 3610 yuan / ton, Fuzhou market two rebar minimum even 3550 yuan / ton for purchase.
The analysts say this is the last two years, the lowest price of steel, rebar offer, compared to last year at this time more than 4900 yuan per ton down a lot, which is mainly affected by macroeconomic ideal.
The face of the steel market in the doldrums, some steel boss's children (known as the "Steel II") is also very puzzled. They can not understand is that before 2007, the most of their parents' culture, a lot of money from the steel market, and now both the culture of the steel second generation "but also understands the computer, it is difficult to make money. The analyst said that the "steel second generation" do not know is that the steel market is in short supply by the year 2007, into the current oversupply.
Trader speculation of steel increased
Reporters learned yesterday from Fuzhou number of futures companies, involved in futures trading steel traders have increased, as steel prices fall, but money is no small difficulty.
Hangzhou Iron & Steel Trade Industry Association executive vice president and secretary general, Ying-Chieh Huang week in Fuzhou Steel Logistics Forum, said that compared to previous years, this year's steel trading business profit in the futures market.
Select the short steel in April this year a lot of steel trading business, and now see the price of steel into the low turn to do more, they adopted the mode of operation of the pyramid, for example, to buy a hand when steel prices fell to a certain price per ton dropped by another 100 yuan also bought two hands, and continue down 100 yuan to buy another 4 hand, once the rebound in steel prices, a few hundred dollars spread, they open usually Kuaijinkuaichu.
However, Ying-Chieh Huang, similar to the stock market and other capital markets, the ten people involved in steel futures may be the only two people to make money a person is an expert, another person is the steel trade, steel trading business can make decisions based on business is good or bad.
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