On the one hand, this is the pre-season market steel prices rebounded sharply overdraft inevitable result of the market season. This led directly to the market price at a high point prematurely, while demand is difficult to follow. Although the current consumer market into the season, but the pre-season steel market will pull up too high, therefore, end market demand for procurement of steel with an obvious resentment, which makes the market demand is difficult to heavy volume, turnover is no substantial improvement.
On the other hand, slowing demand growth dragged down steel prices rebound. This is mainly reflected in the following aspects: First, the real estate development and investment continued low growth, direct steel to steel industry demand driven slowdown; secondly, August steel exports fell, according to my research to understand, since the prices of the domestic market through the early fast, the current difficulties in export orders, export resources reflux late faced the possibility that sales will increase pressure on the domestic market. It is these factors that led not to force the opening end of the market demand in September was unable to schedule a quick release. In the pressing needs, the risk of pre-finished steel exposed, because the market can not be traded for the better, the manufacturer of mind weakened as expected, the price correction has become among the things to clean up.