The situation is still not optimistic 'silver ten' hong kong-listed or continue to fail

National Day holiday just passed, after & other; Winter & throughout; In September and after the influence of typhoon rainstorm, scrap steel market showed signs of recovery, east China, south China part of the small factory started to raise scrap purchase price, timber has 30 - in the National Day holiday Gain of around 50, periods of billet, screw up, drive the price of scrap steel in small, the business confidence restored, seems to be real & other; Silver ten & throughout; Prices will present perfectly; However, according to the current situation, even if the first half of October scrap to repeat this year's July and August, gaining people pull up, the situation in the second half is still not optimistic, the whole & other; Silver ten & throughout; The possibility of continue to fail is still larger. Specific reasons are as follows: 1, September was the scrap market like aging diseases of rabbit, prices continue to decline, July and August very not easy to pull up out of the price once again evaporation, businessmen operating enthusiasm plummeted, clinch a deal market gradually weakening, shortage of resources, poor general mills the arrival of the goods, inventory is insufficient, some manufacturers only considering an increase in the price of purchasing to stimulate the arrival of the goods, but time will not last long. 2, timber price rebound is to a certain extent, alleviate the pressure of the steel mills of the money, but the present stage of steel mills profit is still low, iron and steel industry as a whole is still losing money, between the unsustainable rises scrap purchase price caused by manufacturer. 3, although tangshan billet rose slightly, other regions have rebounded, but receiving downstream market is slow, overall shipments blocked, leading some manufacturer prices callback, led directly to the markets wait-and-see atmosphere. More than 4, the current steel mills raised for the small factory, and the amplitude of around 20 more, on the whole the influence of scrap steel market is not large, in October and large steel mills cut is given priority to, purchase price is still the ex-factory price is much lower, market outlook is still not optimistic. There is no effective release 5, the downstream demand, steel mills timber sales, high inventories: according to the latest statistics show that inventory as of October 8, the main market of the five steel varieties ( Rebar, wire rod, hot-rolled coil, manufacture and medium thick plate) Social stock for 1529. 110000 tons, is first increased by 62. 380000 tons, which leads to some steel mills would prefer production maintenance, rather than an increase in the price of purchase. 6 and delayed the national stimulus policy, macroeconomic factors such as the pattern of the whole steel industry overcapacity in steel scrap market comprehensive recovery, even rose slightly more for people to pull up, lack of effective support. Cold steel, scrap steel, crude steel production in the problem, the excess steel production capacity is serious, the downstream demand to follow up the case of insufficient, scrap is hardly a sharp recovery, perhaps will not appear again & other; Yue four & other; 、“ Golden nine silver ten & other; Such companies to market movements, full of looking forward to everybody to be flat mentality, careful operation!