Intensified price competition in the steel market steel trading business again abandon "Dongchu"
Source： Date：2012.11.14 Views：9791
Recently, the cold weather affect the the northern building construction progress is generally slow, and some steel mills and distributors in the northern region, said the pressure is not small. As far as I understand, the north, northeast and northwest of construction steel seasonal "south" phenomenon obviously. In this regard, the industry believes that, the northern steel "south", to some extent make up a market gap in the South, but with the post-resources concentrated influx, the overall probability of fall of steel prices increased significantly.
October, we frequently received Northeast China steel prices to find the 'next home phone, the recent North China steel trading business phone call also went up. "Of a metal material company in Zhejiang official said.
The data show that as of November 2, Harbin and Shanghai rebar prices, for example, the north-south spread reached 320 yuan / ton, the highest in more than 400 yuan / ton. "Steel market in the south than in the north market earn a hundred dollars." The person in charge of a large steel enterprises in Harbin said, they started to increase after the National Day promotional efforts of the MERCOSUR, October steel sold in the markets of the South about 50,000 tons.
Steel trade enterprises of Zhejiang, a relevant person in charge calculations about Dongchu, considering factors such as freight, warehousing costs, and bank interest, unless the steel trading business more than $ 100 would be a good profit per ton of rebar rebound after the Spring Festival . However, the current market trend is unlikely.
Not optimistic, more steel trading business reluctantly told the author, abandon Dongchu this year, not because of the steel completely lost confidence next year, but the serious shortage of funds. Jintuo Jianye Wang Jin, general manager, said in an interview with this reporter: "I predict that next spring steel city will certainly rise, but because of bank steel trade as risk industries, tightened lending, which makes steel trading business suffered capital chain tension problems, to hoard goods thus forced to give up. "
It is worth noting that the steel the trade refuse Dongchu, may give further cast a shadow over the prospects for next year's steel market.
