September domestic cold-rolled market prices rose first and then fall. The impact of the beginning of the steel plant accidents continue to ferment, the spot price Qi Fei, then into the shock downstream channel. The reason is, one by one, the environmental protection "hot rice" on the market increasingly weak, and because of its limited production at the same time, also inhibited the demand. So the market reaction began to become dull, the past will limit the logic of the beginning will not work. Second, the macro and the poor data, "gold nine silver ten" demand is less than expected, and "off-season is not light" overdraft of the late market, for the price adjustment hidden risks. Third, the Federal Reserve interest rate expectations and will start in October to shrink the table, a greater impact on the bulk market. Approaching festivals, pre-season stocking into the end, the market risk aversion warming, bulls flee large, black line, the stock market mentality sidelined.