The demand side: Due to the low levels of the automotive, appliance, machinery industry growth, railways, roads and water conservancy facilities, no improvement is represented by large-scale investment in infrastructure, coupled with high temperatures and rainy weather and steel continued to cut prices to the market mentality unstable, downstream customers have takendelaying purchases or using buy with strategy, terminal procurement volume growth is almost at a standstill, the weak downstream demand for price support is very limited.
Steel mills: August 13, the Wuhan Iron and Steel shares introduced in September 2012 adjustment policies of the sales price of steel products, cold rolled, hot-rolled prices cut by 200 yuan / ton, galvanized sheet prices down 100 yuan / ton, color-coated The ex-factory prices cut by 200 yuan / ton. Wuhan Iron and Steel for three consecutive months to cut steel prices. Recently, the price adjustment of the domestic steel giant Wuhan Iron and Steel, Baosteel and other initiatives, to the steel market is about to enter the traditional peak season, throwing a pot of cold water.
Macro news, launched a new round of power by Jingdong against the country Suning war with the enterprise Dangdang, easy, "into chaos", is evolving as the melee of the electricity supplier of the entire domestic industry. Many Internet users at the waiting busy staged at the same time, only half-jokingly, half in earnest appeal to the domestic real estate developers are also able to join this price war, prices can really come down.
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