juligao stone coated steel roofing focus on the news of steel industry

Morning News recently, including the first production of state-owned Hebei Iron and Steel Iron and Steel (000,709, stock it) Group, private steel boss sand nationwide, including 27 steel mills announced price adjustment information, regardless of construction or automotive sheet steel prices prices , both fell. Industry across the board down the domestic steel market is expected pattern will continue, the cumulative decline in some species will reach 10%.
Shagang introduction of steel policy shows, late June, the high wire, rebar and plate offer screw down 50 yuan -80 yuan / ton; Hebei Iron and Steel Group price display, plate, hot rolled, cold rolled and some other prices down 100 -200 yuan / ton range. It is understood that steel prices fell and the tightening of financial conditions at home and abroad are not unrelated, while the high rate of steel production started to increase, while construction and industry entered the traditional off-season, the effective demand continues weakening, affecting steel prices.
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Precious metals over the next few weeks is likely to fluctuate significantly diminished agricultural products fell investor optimism global zinc market in 2013 or the gap between supply and demand appear to decipher the password to master manipulator of the main trends in June 21 My steel mesh steel composite index of 175.2 points, less previous day down 0.28%. My steel mesh analyst pointed out that in bad weather conditions and poor downstream demand under the influence of weak steel market continues, the market price of hard to find strong support, the decline does not change; the current business state of mind generally more pessimistic, because the forward price remained low, businesses are not good for short-term market, coupled with the date approaching near the end of the financial pressure is expected to larger businesses will significantly enhance the cash, the domestic steel market is expected across the board downward pattern will continue, some species will decline in the cumulative 10%.
Despite the recent steel price decline, but major international steel exporters to the Chinese market is still very good. The world's largest steel group Arcelor Mittal CEO Mittal (LakshmiMittal) said it expects its third-quarter order volume will increase. He spoke at an industry conference, said: "inventories relatively low and increasing the potential demand point of view, order quantity will appear in the third quarter rose; developed market demand for steel in the construction sector is still weak, but Chinese steel demand to grow 7 percent this year. "
edited by stone coated metal roof tiles