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Be careful about this round of 316L color stainless steel tube which good price skyrocketing!

Article source: Foshan Quanyu Stainless Steel Co., Ltd Editor in charge: Ample stainless steel
Release time: July 19, 2018 24 hours hotline: 134-5082-8388 Views:
Since the end of December last year, 316L color stainless steel tube And iron ore prices have risen by more than 30%, and the black industry chain is picking up. In this regard, Xu shishuai, deputy general manager of Anshan Iron and Steel Co., Ltd., said at the opening ceremony of the 2016 China Metallurgical and mineral products international conference, "the whole industry should adhere to a calm and prudent attitude towards the rapid rise of steel prices and ore prices, otherwise the vicious cycle of steel output addition and export ore price decline can be repeated again. Since March, the black price has increased steadily. With the fall of steel price, the export ore price has also risen steadily, and the increase rate of ore price once exceeded the steel price. "It should be noted that although the microeconomic situation has stabilized and improved, it is still a consensus that the economy is in a downward adjustment cycle. The demand for downstream steel has not been clearly improved, and the fundamental principle that supply exceeds demand has not been changed.

”Xu shishuai believes that fundamentally promoting the innovation of the steel supply side will be the main theme for a long time in the future, 316L color stainless steel tube Only then can the industry really complete the structural adjustment, transformation and promotion, and step into the benign track of sustainable development. In addition, Wang Liqun, vice president of the China Iron and Steel Industry Association, said that considering the importance of seasons and investment, the recent fall in international steel prices is a return to normal prices. It is hoped that this will not affect the supply side innovation process of the steel industry.

Since the end of 2016, steel prices have generally fallen sharply, and the steel market has ended the unilateral downward market for three years. Especially in the second week of March, 316L color stainless steel tube And long timber fell 300 yuan to 500 yuan per week per t. And for this round of steel prices fall, some people in the industry think it is retaliatory rebound, oversold rebound. In this regard, Wang Liqun said that the current price is indeed a betrayal of the value of steel. "My group thinks it is normal for steel prices to go back some." Wang Liqun said.

Contact person: Miss Li
Contact information: 0757-29399275 18924802728 (same as wechat)
Address: no.25-31, block 1, Block E, Liyuan metal Logistics City, Chencun Town, Shunde, Foshan

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