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At the bottom of the rebar years still need to wait until September Macroeconomic warming recently, with the expectations, the market bullish mood gradually increases, but the author thinks, rebar lows still need to wait to September this year. Shandong lower liaocheng seamless steel pipe seamless steel pipe price has to increase supply, inventory. On May 9, baosteel steel products are ex-factory price in June, and for hot rolling, pickling, cold, hot dip galvanized, electric galvanized and aluminized zinc, non oriented electrical steel etc. Main products cut 100-180 yuan/ton. The personage inside course of study points out, the baosteel pricing in line with market estimates. Recent PPI data and manufacturing PMI data are shows that China's economic momentum of stabilising unstable, and liaocheng seamless steel pipe prices continue to Yin fall high, crude steel production, raw material prices oscillation, and demand off-season, hong kong-listed be about to enter is on the late steel price movements form a pessimistic expectations. According to cisa, member enterprise in late April crude steel output of 1.7021 million tons, edged up 0.8% month-on-month comments; Forecast in late April the daily output of 2.129 million tons, ten-day inched up 0.6% month-on-month. Steel production continued to increase slightly. In late April at the end of the member enterprise inventory of 12.87 million tons of steel, fell 5.8%. May 10, rebar inventories fell to 9.1434 million tons, the continued to decline slightly. Liaocheng seamless steel pipe prices stabilised still need to Steel Pipe Industry Gradually wait for the downstream demand. Premier, li keqiang, 6 chaired a state council executive meeting, the deployment of key work deepen economic system reform in 2013, decided to cancel and give a group of administrative approval items. (7) specifically mention of urbanization. Focus is still on household registration management, etc., for real estate investment, etc. Fourth reform tasks mentioned will form the railway investment and financing system reform, developmental railway feeder railway, intercity railway, resource ownership and management take the lead in open to social capital, guide the social capital investment in both the trunk railway lines. This manifests the infrastructure construction will still be the focus of this year, sources of funding are turned to social capital. Combined with countries cut GDP growth forecast as you can see, this year is more reform, rather than the development at full speed ahead for a year. Since real estate regulation, rebar demand has rapid development from real estate to drive the national investment on infrastructure construction to increase the dosage, this year will remain the dominant rebar infrastructure investment demand for one year. To sum up, the rebar in June 5, the bottom hard, from the perspective of the policy at execution time of history, policy issued to really start step by step implementation may need 3-4 months time, thread liaocheng seamless steel pipe prices bottomed downstream demand still need to wait until the real start, is expected in September will be a long hedge the best entry point in time. The article from :www.hbhuayang.com/en/

At the bottom of the rebar years still need to wait until September  

Macroeconomic warming recently, with the expectati...

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