In terms of whole steel industry market in this year, on the one hand iron ore prices increase, the other hand is international and domestic economic slowdown, which leading to market demand reduce. In general, the overall steel industry is relatively recession, overall industry profits even lower than deposit rates. Stainless steel tube market data show that in this year, stainless steel tube and pipe production increase over last year in the stainless steel tube companies, but the growth speed has apparently slowed down, from the comparative point of view of each month, its output was lower than the previous trend, so far the trend throughout the year production was weak shock pattern. As the overall market development, low-end stainless steeo tube industries involved in the low threshold, so the saturation is high, once the market overcapacity, before in the absence of panic or depression of the price change, the market has been weak shock. Once the low-end products sell into the panic, the steel enterprises will be whipsaw or move into high-end stainless steel market. High market can bring more rigid products demand and generous benefits. From the long term, the high-end products gradual low-end is inevitable, so as to form the industrial cycle and replacement, as well as cyclical market. At present, both the overall economy or the bottom of the steel industry gradually began to show. Some companies have begun to layout gradual high-end, due to the production is still relatively extensive, and its intensive and efficient market integration should be the main theme of the future. Many high-end steel and stainless steel manufacturers also shows the relative profit growth is in line with this trend.
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