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Cangzhou Junde Steel Pipe Co.,Ltd

Add: South of Qiantong Road, Cangzhou City, Hebei, China

Contact us:Sunny Yang

Phone: 86-13303171370

Tel: 86-317-8517170

Fax: 86-317-5527266

E-mail: export@jundesteelpipe.com

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September steel prices continue to rise in the industry: will continue to rise is not expected to skyrocket

Oct 12, 2017

China since 2016 to promote steel production capacity since work has been made substantial progress in the first half, most steel enterprises to achieve profitability. In the steel industry to maintain a high level of production background, the steel market in September supply and demand balance, resulting in prices have come down. However, the relevant analysis, steel prices in the long term there are still upside hope, but because the market ahead of the reaction, demand decline and other reasons, the latter will not appear soaring. Junde steel pipe company as a spiral pipe, galvanized pipe, straight seam welded pipe, seamless pipe and other products of the outstanding manufacturing enterprises, the matter has been very concerned about!

 

Out of steel production capacity behind the fruitful price reasonable return is inevitable. In the steel industry, the whole industry surplus, loss and supply side of the structural reform of the background, the state continued to release a variety of relevant policies to speed up the steel industry to production capacity. As of the end of August 2017, the central enterprises have withdrawn steel production capacity of 16.14 million tons, out of coal production capacity of 55.1 million tons. September 28, SASAC Director Xiao Yaqing at the new office conference, said the steel industry has exceeded the task of the state.

 

However, from the macro data, this year the real estate, infrastructure, automotive and other steel demand for a larger industry are no major improvement. Coupled with the building materials industry peak production efforts increased, heating season steel demand or will decline.

 

Therefore, although the steel price is still hope to rise, but the rate will not be too much.


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Contact information

South of Qiantong Road,Cangzhou City,Hebei,China

86-317-8517170

whatsapp: 86-13303171370

export@jundesteelpipe.com

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