316L stainless steel prices "down" in the season

Posted in IYH Forums by wangyueyue at 01:50, Sep 19 2016

September each year, the city of steel demand to pick up in October, known as the "golden nine silver ten." On the one hand, autumn, the downstream speed up the construction site. On the other hand, the National Day, Mid-Autumn Festival holiday season, consumers also have the urge to spend, businesses introduce a variety of promotions to stimulate sales, household appliances, automobiles, real estate and other industries to enter the peak season demand. Why, then, in 2016, "Golden September" 316L stainless steel pipe demand performance so unsatisfactory?Food Grade Stainless Steel Capillary Tube

First, real estate sales or growth was down trend, real estate development and investment continued low growth. According to the Yangtze River Securities Institute data, in August 2016, of the 75 closing an area of ​​the city grew 23.46 percent growth rate was 11.99 percentage points higher than in July, mainly policy control speculation raises cities heavy volume of transactions. However, from January to August 2016, turnover of the area of ​​the 75 city grew 28.62 percent growth rate over the 1-- down 0.8 percentage points from July, some cities in the context of tightening mortgage, late or cumulative growth rate downward trend is difficult to change , thereby affecting the real estate business development funds.304 Stainless Steel Profiled Bar

Secondly, the growth of China's steel exports blocked superimposed on weak domestic demand is the main factor in the rise in steel stocks. August 2016, China's steel exports 9.01 million tons, with double down the chain. Taking into account the high base last year over the same period, is expected in September 2016, China's steel exports up is hard to change negative growth. Customs data show that in September 2015, China's steel exports of 11.25 million tons, a record single-month record high.420 Stainless Steel Sheet Suppliers

Again, by the floods, G20 summit, where the financial impact of expenditures, infrastructure construction progress slowed in the third quarter. However, the State Council will be carried out on the provinces third major inspection September 18 to 30, late or will accelerate the progress of key investment projects.Stainless Steel suppliers,steel sheets,