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    Steel Industry Will Have A Bumper Harvest In The Second Half Of The Year

    2009/1/9 0:00:00 57

    Yesterday, reporters learned from Wuhan Dan pool steel market, plates and other steel prices rose for fifth consecutive weeks.

    Although the situation is good, the industry believes that

    Price adjustment of steel enterprises

    It is mainly exploratory behavior. 4 trillion of the investment plan is right.

    steel

    The stimulus is only at the psychological level, and the real pulling effect is not expected until the second half of this year.

    In the past month,

    Baosteel and WISCO

    And other large steel enterprises have raised the ex factory price of steel, the highest of which reached 600-800 yuan / ton, which directly led to 5 consecutive weeks of rising steel prices in the market.

    Dan pond in Wuhan

    Steel market

    The price information columns of various dealers showed that the prices of steel plates, ordinary carbon, cold rolling, hot rolled and so on, compared with a month ago, had a 10% to 30% increase in different ranges.

    A dealer said that after the price adjustment of steel mills, they followed up, and the sales volume also rebounded from November last year.

    Wuhan Iron and steel related stakeholders also said that 4 trillion of the investment plan will not play an immediate role, because this requires a certain cycle, is expected to be effective in the second half.

    Li Hongliang, a CITIC Securities analyst at Wuhan Iron and Steel Group, thinks that

    Steel price

    The recent continuous rise is a reasonable recovery after the early fall.

    4 trillion investment plan and iron and steel revitalization plan are only promoted in psychological confidence. The real pull up role should take some time.

    Some analysts have pointed out that with the fall of the investment of 4 trillion countries, the steel market will gradually pick up. With the introduction of the national favorable policies such as "home appliances to the countryside", the steel industry will gradually get better.

    Editor: vivi

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