The steel mills frequency of the preferential policies
In order to solve the difficult problem of shipping, many domestic steel mills recently announced sales incentives. Which has been Baosteel steel prices weathervane said order price drop in September, but its launch sales of a single meeting to seize market share.
Angang ordering enthusiasm, steel trading business implementation ordering hedge against inflation policy both monthly price guide price is first given, but not paid to the settlement again early next month, according to market conditions, the company hopes in this way to agreement merchant teeth reassurance, even if the market price is lower, the interests of the downstream business may also be subject to a certain degree of protection. The Shougang more directly to the implementation of the settlement to the month the market average price and ordering prices in September dropped significantly and additional freight subsidy.
In fact, the bustling big promotion on the surface, actually it is full of helpless. Steel enterprises generally believe that the steel mills increased preferential policies forced by the current market. Steel enterprises responsible for one do not want to be named, admitted that the market share when other steel mills are introduced preferential policies, enterprises do not follow suit will be subject to the threat, and therefore the steel mills before competing promotions.
Steel trading business lukewarm response
However, although steel prices hard to yell "lose money Bargain", but the steel trading business and less grateful. Many large traders pointed out that the preferential policies consecutive losing money for a year-long, steel mills limited impact. Beijing Chi Heng Tat Trading Co., Ltd. business manager Li Ming, an introduction: "Although a discount, the profit margins of steel is still very small, to play, we still control the purchase amount, strive to leave no inventory."
Beijing the Pud Metal Group Co., Ltd. Chairman Wang Yongfu public statement: "steel mill is long overdue to take measures. Fact, steel mills, traders and users of all three parties should carry out their duties, no one is able to substitute other parties taking excessive the risk when the steel trading business can not afford to pass on the risk of steel prices, steel mills market persecution is bound to the introduction of the policy response. "
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