Steel prices as low momentum of downward continuation last September

From recent hong kong-listed performance, negative, whether of rising crude steel production, manufacturing sentiment weak or steel mills ex-factory price slashing and slow digestion rate of market resources and continued to fall after the hong kong-listed popularity plummeting, makes the current hong kong-listed downward trend, still go as low momentum in September last year. According to recent data statistics, Lange net Ф 25 mm compared to last year, domestic level 3 latest summary rebar prices low differs 111 yuan 3500 yuan only, Ф 6. 5 mm line summary from last year's low price 3411 yuan only 124 yuan, 1. 0 mm cold plate cold rolled summary price from last year's lows differs 298 yuan, 4380 yuan, 5. 5 mm hot rolled summary price lows differs 284 yuan, 3261 yuan, year on year in the 20 mm thick plate summary price low than last year, 3325 yuan to 335 yuan. Hong kong-listed decline, in the short term, there is still no anti smoking signs appear again, and after the early stage of the multiple small rally was quickly put out, the hong kong-listed short-term with also difficult to have a turn, unless looking forward to have good policy surface, drive the improvement of capital market, hong kong-listed or can stop falling, on the other hand, the disadvantaged situation is still difficult to change.