Stainless Steel Afternoon Stirring, Here 201 Rises 50, There 304 to Suspend!
Jul 03, 202451 Stainless Steel - On July 2, 2024, Foshan market news, in the evening, an old friend remarked: "The afternoon was full of fighting spirit, but the evening turned into a lamb in sheep's clothing, this is how broken stainless steel is. Everyone wants to be blessed with good fortune, everyone feels that everything is ready except for the east wind, but the east wind did not come..."
"In the afternoon, there was talk of an expected interest rate cut in Europe as a good sign, the non-approval of Qing Mountain 304 cold rolling was also considered a good sign, the increase in long positions on the market was still a good sign, and the flooding of Jiangsu Dragon must be a good sign... Since it's so good, why are those who say it's good afraid to act? Why didn't the market continue to rise?"
"In the afternoon, there was just a brother who made two more hands, and in the evening, he was very sad.
"Do not talk about the fundamentals of stainless steel, that is a lie, I have already given up on this statement," said the industry insiders.
Yes, stainless steel is still stainless steel, but it is no longer the stainless steel of the past.
"Yesterday's transactions were good, today is the busy day for the agents to move. The once bustling Lan Shi Qing Mountain Street will soon become history. The big evacuation of agents (out of Lan Shi), the South China headquarters building will be inaugurated on July 10. Everyone is now going to hide in the small building to be a unified entity, regardless of winter, summer, and spring and autumn..."
After a long absence, the imperial court's favorite storyteller came up with a short segment today.
"Making money is the only thing that works, talking about anything else is useless. This year is the year of Qing Mountain, and the luck is a big explosion. Not only is the steel belt lucky, but the scrap is the same. They give a good payment, and everyone is willing to supply materials. Now the scrap is also a weathervane, GQ has nowhere to put the goods, Guangdong X has no goods to refine. So, the so-called raising the purchase, but there is no money to give, how high to receive is a ghost to use."
A scrap merchant said.
Review:
It is said that choice is more important than effort.
This sentence tells us:
This year, those who choose to continue to be Qing Mountain agents are right.
At the end of last year and the beginning of this year, those who chose to quit the steel lake were also right.
Seeing the signs are not good, and stopping the board industry in time to stop the loss is also right.
"I always thought that money was not enough, but in fact, the reference object for the choice was wrong. After experiencing some twists and turns, I feel that enough is just a psychological feeling, there are many things more important than making money..."
After the disaster, the small boss still has lingering fears.
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