Steel boss the traditional peak season for a long vacation "
Reporters interviewed found that one side is the steel bosses "do not purchase the other side of the major steel mills high voice," limited production price "still have not seen substantial action.
"In summer you should take a walk on the beach the day than the day in front of the steel market and other customers, it is actually an immortal life." Steel boss just returned from holiday in Australia back to the Han Chen Xia, look happily told reporters that, due to steel The market continues to slump, he decided to put a days holiday.
Normally, September is the peak season of the steel market in August is a steel boss busy contact sources. In previous years when the summer rush to the sales department of the iron and steel enterprises are busy talking about the price. Why is this still a long break?
Chen Xia told reporters about the reason, the price of steel just like the stock market, while prices have bottomed, but hovering at the bottom for a long time, nobody had a clue. Steel prices continue to decline starting in 2011, the steel bosses for nearly a year's time did not earn money, are now able to fight on the strength of the steel boss, the strength of bad steel wholesalers have long to switch.
Iron and steel enterprises still actively production
29 steel mills in the steel boss is on holiday, the steel situation how? Data released by the reporters from the major steel manufacturers learned, from August 3 to August 10, included in the statistics, there are 24 different degrees of lowered steel prices. However, the price reduction does not promote the rise of the steel trading volume. The data show that by the end of July, the five varieties of steel stocks reached 15.38 million tons, an increase of 1.29 million tons, an increase of over 9%.
Previously, a price reduction will be able to sell steel action, and now down to a loss in one will buy it. Even so, the steel still can not shut down. "We are now only part of the production transformation, production on the market less competitive, higher value-added products." A WISCO official told reporters.
It is understood that last year before the formation of the Wuhan Iron and Steel Nippon Steel Tin Plate Company has quietly annual production capacity from 400,000 tons to expand to 80 million tons at the beginning of this year, Wuhan Iron and two silicon officially put into operation, the silicon steel production capacity from 400,000 tons to 1.2 million tons, an increase of all the high-end steel products.
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