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It is reported, in the face of excess capacity and the collapse in demand, iron and steel industry in the traditional peak season, the downturn of the situation has not changed.Statistical data shows, in 17 to three quarterly report forecast steel listing Corporation, only Baosteel and long Litas material is expected before the three quarter net profit growth would occur, including Shougang steel company, Chongqing iron and steel, 7 steel enterprises are expected to appear the first loss, Hebei iron and steel, Sha Steel shares of 6 steel prices are expected to decline, the reduction ratio as high as 82%.

To this, industry analyst Hu Yanping pointed out, the policy focus reply nearly trillion investment project news, plus the Chinese system characteristic, as long as the marginal profits even as long as they do not lose, steel mills will not hesitate to choose the production rather than maintenance limited.In this context, although steel price rise, but the crude steel output is over three consecutive years drop posture, the industry has made fun of crude steel production is "sunshine giving a point is bright", this also again refraction out limiting steel prices self-discipline not strong question.

This year "the golden nine silvers ten" season to boost the market basic lost desire.At present, in addition to a large number of steel enterprises three quarter profit decline, even the industry leader Baosteel executives said: "September, iron and steel industry may also appeared entire trade deficit."