The reduction and elimination of the export tax rebate Guangdong Iron & steel's price rise not fall

April of this year, the state issued against exports of steel a series of measures to reduce and cancel some steel products export tariffs. However, recent data released by the Guangdong, the Guangdong by the end of April since steel prices began to pick up in early May increase gradually increased, Wire prices increased most, the majority of mid-May Wire prices rose more than 10% ~ 4% by the end of April.
Stainless steel prices in May according to a new height.
"Information Times" reported that data shows that Guangdong by the end of April since steel prices began to pick up in early May increase gradually increase. Wire prices increased most, followed by steel and hot-rolled plate, cold-rolled sheet, tubes, profiles more stable. Stainless steel prices - time high, in mid-May close to 38,000 yuan per ton. than 20,150 yuan per ton the same period rose by 89%.
The country's 30 provinces (autonomous regions and municipalities), the main steel market monitoring also showed that April domestic steel prices appreciated steadily, But inflation has declined. Variety major integrated steel average price of 4,118 yuan metric ton, compared with 0.57% rise in March. dropped 0.41% increase over the same period last year rose 7.54%. It is expected in May steel prices will continue to maintain the trend of small increases.
Guangzhou, a steel enterprises have said that from the current outcome, by the end of April announced the elimination of export rebates and no increase in the price of steel will halt the momentum.
End or enter the price sensitive stage.
Commodity Prices in Guangdong Province according to the analysis, some of the increase in the price of steel main reasons : One is the domestic real estate, Infrastructure projects started in the peak period, the increased demand for building materials; Second, the state continued closure of high energy consumption and low-yielding to the production of iron and steel enterprises. Most of these small enterprises is the production of building materials products, leading to reduced supply of building materials.
For steel companies, steel price rise is a good thing, but an increase in this, Some enterprises have also indicated that the downward price checkpoints. A steel enterprises in Guangzhou told reporters that "the past few days, prices have begun to fine-tune a bit. to the price-sensitive period. "He said that some time ago introduced the reduction and elimination of export tax rebates, no short-term impact on steel prices, but the adjustment of industrial structure still functioning, coupled with the recent rumor to levy export tax rebates, it will inevitably lead to export to sell there, the price is estimated to be in late May adjustment, the current market a wait-and-see atmosphere was intense.