Seamless steel pipe steel enterprise orders are limited

Futures and spot plunging to today have many reasons overlapped, but falling to a certain extent, bottoming out should also be said to be a natural law of the market or a general trend. Therefore, in this small text, I can't promise everyone how the market will rebound from this time. I just want to say to everyone: The rebound of the snails today is not for no reason, it is not a hole in the market, it is the market. A necessity of natural behavior and market rules. As an ordinary steel man, I sincerely look forward to the Chinese steel market to get rid of the current bleak situation as soon as possible, so that the steel mills are better, the traders are better, and the market is better. Although the performance of the economy continued to hover above the line of glory, the overall demand remained weak, which is the most important factor for the steel market to fall so deeply. The sub-index shows that the sales volume of the company has declined, and the downstream orders have continued to shrink. The steel trade enterprises lack confidence in the market outlook and the purchasing intention is weak, indicating that the demand for steel circulation market in July will decline. In addition to the fatigue of the performance of the manufacturing data, the overall demand for high temperature and plum rain in the off-season market is also more difficult. The steel traders in various regions are not well-connected, the number of orders received by merchants is decreasing, and the level of orders for seamless steel pipe enterprises is limited. Although the losses have gradually increased, but steel companies to maintain the current loans, most of them still maintain normal production, which also caused the steel market in the extremely tragic situation under the vicious circle.
 Although the world economic recovery has not changed so far, especially the US economic recovery is relatively strong, and the Japanese economy is growing moderately, India's economic growth rate is likely to exceed 7%, becoming the fastest growing global economy in 2015. However, due to the lack of a strong demand engine, the global economic recovery is still difficult and weak. To this end, the World Bank and the International Monetary Fund once again lowered the global economic growth rate in 2015 to 2.8% and 3.3% in early June. If Greece withdraws from the euro zone at this time, it will inevitably lead to major shocks in the global financial market and a heavy blow to the already fragile world economic recovery process. Under this circumstance, the international market demand will be weakened, which will make the external environment of China's steel exports tend to be severe. Because of this, the price of bulk commodities, including iron ore, has plummeted in the recent period. At this point in the operation, I believe that what the market lacks is not only a good driving force, but more of a problem of how pessimistic fears are appeased and restored. However, under the rapid decline of the price of finished steel, the price of imported ore and domestic mines has also declined significantly in recent times, and it has become another strong pressure in the weak market.