Steel prices accelerated dip before the Mid-Autumn festival, the market is accelerating the challenge of business’ line. The Beijing-tianjin’s rebar has broken under 2500 yuan integer mark. The beijing-tianjin region’s hot-rolled prices nearing 2750, Handan and wuan region’s heavy plate prices nearing 2400, the general carbon billet prices in Tangshan hovered around 2110 yuan, As spot prices down further, The spread of market pessimism has accelerated, Selling pressure is also growing. Since September, Part of domestic steel prices have fallen by more than 200 yuan,

Although the sharp drop in phase plate is the dominant hand, The risk of the market itself high also is badly in need of a release process, in addition, demand at this stage be falsified, Recent performance deviation of each finished product material demand, The performance of the phase plate is also lower merchant's operation. However, as the market prices further down, Raw materials coke, ore price is strong, domestic steel mills profit space compression, Structural adjustment or resources, in the price of the market continue to adjust or impeded. In addition, this year the domestic steel prices overall volatility: Cycle is short, large amplitude, market price trend reversal soon. However, we understand the present circulation stock did not sharply increase overall resources, still have large external supply side reform efforts. Therefore, although the domestic steel prices have release the risk of emotional space, but persistent under in the moment is still impossible.In addition, from the perspective of the performance of today's steel companies, steel companies as a whole part, price of the shipment in good condition, the market is relatively low in fact are tempted, it should be said that the spot market more empty both sides after the first half of September's sharp gains, entered the relatively weak balance situation at present, and the weak balance is accompanied by the arrival of the Mid-Autumn festival and tipping, therefore, steel prices decline after the Mid-Autumn festival will be significantly narrowed, and with the steel mills of orders, market or is expected to appear lows.