<p>Despite the tightening of real estate regulation and control, the rush-room wave in some cities during the May Day holiday is staggering. Also verified from the side into the 2017, the asset allocation of a great potential for the spread. It is undeniable that the Chinese currency has entered the contraction cycle, but the problem is that the base is too high, even if the annual growth rate dropped to a minimum of 11%
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<p>Recalling the steel market in April, the peak season is not busy, most of the time the trend is down, but near the end of April in the "Belt and Road" stage of limited production and billet rise and some other factors, a slight rebound. However, starting from April 28, the billet continuous counterattack, as of May 1, the cumulative increase of 190 yuan / ton, steel mills with the cost of steel prices to promote the intention of rising prices, the second opening of the finished product prices also correspondingly higher. However, the actual market transactions were weaker, afternoon billet offer down 50 yuan to 2980 yuan / ton.
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<p>From a supply perspective, although steel mills' profit margins have been reduced in April, the steel mills are not willing to cut production at present and profitability of some of the mills still exists. Supply is expected to continue to increase in May. Therefore, in the final analysis is the game of cost and demand in May.
Polished Premium Quality Stainless Steel Tube at Best Price</p><p></p><p>Needless to go, steel is difficult to go up. In particular, the overcapacity of the industry decides that the supply pressure can not be offset by the demand increase in the short term. For the May market, I would like to focus on the following points.
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