U-shaped steel domestic market prices

Due to changes in the country's new energy policy, the U-shaped steel production downstream enterprises have a certain role in promoting, although since the third quarter before the U-beam steel market has been showing a weaker state, to stabilize the economy, predictable government for the fourth quarter of micro stimulation will continue to overweight, such as new energy, construction, railway, water conservancy and other infrastructure construction to accelerate the domestic U-beam steel market demand will be a certain amount of boost; especially dense Development and Reform Commission recently approved the railway infrastructure investment projects, the total investment will exceed or 1.2 trillion yuan, the speed of these building will significantly increase the demand for steel-related such as building materials, pipes, which will directly affect the U-shaped steel prices and demand; however, these large-scale infrastructure measures are still subject to factors whether funds can place and the effectiveness of a longer period, it is difficult to drive significant U-shaped steel prices and demand in all aspects in the near future.