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Latest News:Hebei is Going on A New round of Production Limitation Today!
【Time:2017-01-16 13:46】 【Traffic:

Here Comes the news it said that Hebei is going to start production limitation again today. from 22:00  Shijiazhuang, Xingtai, Handan, Baoding, Langfang, Hengshui, Dingzhou, Xinji start a red warning, Tangshan, Cangzhou begin orange secondary emergency response,this new round is expected to continue To 18th.

This week, the focus of the steel market is no doubt that the steel production capacity policy to start intensive force again- from the NDRC deputy director Lin Nianxiu said, "to rectify the steel has risen to political tasks, must be cleared before June 30 ", and then the Hebei Provincial Development and Reform Commission issued a document requiring the province's eight major steel projects have been completed shall not be put into operation, the project has been started to work stoppage, not started construction projects, which greatly boosted market confidence.
By this promotion, the first half of the week  enthusiasm of doing more was quickly ignited , rebar, including the Department of black and even a large area on Tuesday, daily limit! Today rebar 1705, although the shock callback received 3194, but still rose 251 yuan than last Friday! Steel prices will continue to rise in February, building materials leading sand steel in mid-rebar prices unchanged; daily price adjustment of steel mills are adjusted up, today there are as many as 15 Home steel prices spiral, Shougang Changzhi, Desheng up 50 yuan / ton!
The collective price of steel is a bit "blatant", but the objective point of view this trick makes the high cost of resources, agents naturally do not dare to substantially price, so as to bring strong support for the steel market trend. While taking into account the current national level from top to bottom to promote the rapid production capacity to action, involving a wide range of involved levels are unprecedented, the supply side contraction is expected to increase in the coming year, steel mills, businesses are basically optimistic about the spring Trend, the probability of steel prices firmly secured 3000, do not rule out the possibility of arriving 4000.
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