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Factors affecting the domestic steel market
Source:Xinsteel   Date:2014/11/5

1. The growth rate of macro data down, the economy has entered in deflation situation.

2. The growth rate of down stream industrial continue to decreasing, late demand is not optimistic.

3. Steel production continued to decline slightly.

4. The raw materials market weak shocks, the support of steel price weakened.

5. The steel inventory continued to fall, but the decline rate slowed.

6. Leading steel enterprises take cautious for late market, prices stable with a slight decline.


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