Urgent needs - the September quarter interest
 
, Executive vice president of a the Zhouning Shanghai Chamber of Commerce recently held a forum on a steel trade enterprise with respect, most traders have no intention to do trade, repayment, people hesitate to mortgage, sell assets, or even a loan shark . He said the bank's divestiture pressure loans, enterprises face , exhausted and miserable. "
 
It is understood that these two days from June 20 to 21, the Zhouning Shanghai Chamber of Commerce steel trading business had total amount of interest for more than 20 billion. A Zhouning Chamber of Commerce, insiders said, "If the scale of 160 billion, the size of the overall financing of the Shanghai steel trade enterprise contracted by more than 23 percent again in the face of the upcoming September quarter also interest, steel trade are already dead end. "
 
He said that information between Bank are not
interoperable, "Competition" received loans triggered a panic, during the false approval inspired conflict, the impact of the credit system of the past, banks and enterprises between the maintenance.
 
"Assuming 10 million of the loans, banks require transferred to loans to meet their loan ratio, net of 20% -30% margin, steel trading business, 11 months, up to 8 million of the amount of funds, have to bear the 1000 million of interest on loans, not only to face the benchmark interest rate by more than 30% of the current situation, have to withstand acceptances discounted, and banks require funds during the additional costs. "
 
He said that the macroeconomic downstream since the beginning of this year, along with the real estate bubble economy, the steel trade industry chain downstream recession since last year in the steel trade and industry did not profit-making points, "the September quarter interest, I am afraid that many people not hold any longer. "
 
Family, friendship, Offers encountered unprecedented challenges, "recently has been back and forth in the first line of handling contradictions among the various problems the Zhouning Shanghai Chamber of Commerce executive president Xiao Zhicheng frankly. He said he hoped that the bank can inform the public received their loan limit, so that interest rates top loan interest rates over the part returned to the enterprises; losses are separated to prevent poor quality caused the collapse of high-quality companies. At the same time, he called, banks can offer a relatively lenient policy, to bring the enterprises tide over the crisis.
 
The primary task - make an inventory of assets
 
Rome was not built in a cold day.
 
On a steel industry forum, told the the Zhouning steel trading business, the difficulties faced by in-depth interpretation.
 
He said that the current the Zhouning steel trading business, the difficulties faced, in fact, a long time. 2009 to 2010, suddenly found a lot of money into the steel market, "when trade is bad to do have been emerged out.
 
He said, "but when it was discovered that a 'gold mine', the commercial real estate is good - get a piece of land, to be a steel market, a guarantee company, and then a large number of merchants to stay, shops sell - this chain appears to be very perfect, but the problem is that its premise from the guarantee company loans to the section. "



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