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Positive Effect is Conducive to the Stability of Stainless Steel Market by olive zhu
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Positive Effect is Conducive to the Stability of Stainless Steel Market by OLIVE ZHU
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| Article Posted: 11/29/2012 |
| Article Views: 34 |
| Articles Written: 286 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 523 |
| Article Votes: 0 |
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Positive Effect is Conducive to the Stability of Stainless Steel Market |
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Business
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Stable Price in Chinese Stainless Steel Market
According to some of the operators and the industry market research that, in the past 10 months, the domestic stainless steel market price of each series varies, showing differentiation trend, 400 series stainless steel market price has the stabilization trend; 200 series stainless steel prices were slightly lower; and by comparison, 300 series stainless steel price decline is relatively obvious. After entering November, the stainless steel market gradually stabilize, the price is not much volatility. 304 series stainless steel and 200 series stainless steel market has also stabilized. On the hot-rolled areas: now the market TISCO 4.0mm, 8.0mm, 12.0mm, stainless steel tubesoffer 16900, 17100, 17600 RMB / ton. The 200 series stainless steel prices is the same to keep stability, 1.0-3 .0mm201/2B stainless steel coil prices are 11,400 RMB / ton, 3.0mm201/NO.1 stainless steel coil prices are 10,600 RMB / ton ,1.0-2 .0mm202/2B stainless steel coil quoted at 17,100 RMB / ton and the 3.0mm202/NO.1 stainless steel coil offers 15,500 RMB / ton.
Chinese Stainless Steel Market Trend
From the view of the recent stainless steel pipes market trading conditions, although the entire market transactions is just so-so, and sales of the traders did not seem to significantly increased, but the business men have good mentality, many steel trade companies have stainless steel - generally abundant varieties and specifications are not complete, lack of goods, out of stock, out of stock phenomenon is more obvious, tight resources, operators feel sales pressure, and they do not want to cheap sales, this curb prices from falling to a certain extent. In the latter part of the domestic stainless steel market trend analysis, most of the operators held a cautious peace of mind that this year, the stainless steel market, although it is hard to a strong rebound, but it will not significantly decrease, overall the market is table and stability will be the main theme of the latter part of the stainless steel market.
Domestic Environment is Good for the Development of Stainless Steel Market
With the implementation of the domestic economy to pick up, "steady growth" austerity measures will boost the demand for stainless steel support price stabilization. China National Bureau of Statistics released data shows that total retail sales of social consumer goods grew by 14.5% in October of this year, and rose 0.3 percent compared with September; industrial added value increased by 9.6%, up 0.4 percentage points; fixed asset investment up 20.7% in January-October, the highest since April. Obvious signs of China's economy has stabilized this year's economic growth rate can be maintained at more than 7.5%. National Development and Reform Commission approved the four thermoelectric expansion projects, with a total investment of 10.37 billion RMB. At the current month, the railway infrastructure investment is 69.776 billion RMB, 20.476 billion RMB more than last year, an increase of up to 240.8%, it is the highest level in recent years. Consumption and investment is in the turn for the better, inflationary pressures continues to decline, and provides a good foundation for possible further easing, including stainless steel demand.
Related Articles -
stainless steel tubes, stainless steel pipes,
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