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Industry News

bilingual control in 2016 during the new year's day, the steel market is up some crazy short-term rebound or rising channel?

2016/01/21

From the point of view of the China Steel Association statistics, industry wide, 2015 1-11 month statistics focus on iron and steel enterprises realize sales income 26664 billion yuan, drop compared to the same period 19.3%, the loss of 531.32 billion yuan, over the same period in 2014 is profit 243.87 billion yuan.

Facing the open in 2016 in the situation, the HP senior personage said 2016 1, February, export suffocate suffocate, coupled with rising prices after stimulation of some enterprises to resume production. However, HP also reminded: with the increase in supply, short supply situation will change, which is likely to lead to price trend once again reversed, early gains higher product prices is likely to decline greatly