This year, 304 stainless steel coilmarket can be described as Fengshengshuiqi, 304 stainless steel coil prices rebounded sharply, ending up to four years of decline in the decline.
As of early November, 304 stainless steel coil composite prices rose 61% over the beginning, which thread 304 stainless steel grid from 1,600 yuan / ton rose to 3,000 yuan / ton, basically out of the "304 stainless steel volume as cabbage price" embarrassing situation.
304 stainless steel coil is expected to rise more than expected, first benefited from the demand to pick up. With a series of stable growth policy measures bear fruit, GDP for three consecutive quarters of stable at 6.7%.
To infrastructure, real estate, auto industry, represented by the main steel industry demand improved. Real estate investment grew 6.6% in the first ten months, while the new construction area increased by 8.1%, up by 4.6 and 22 percentage points over the same period last year.
Car production increased by 13.8% over the same period last year increased by 13.8 percentage points. The main steel industry to warm up a strong lead to 304 stainless steel coil demand improved quarter by quarter.