Stainless steel prices keep decrease

Now as metal prices continued to fall, most of domestic stainless steel smelting enterprises are losing money, stainless steel prices also faces the risk of long-term decline, in the face of the current dilemma, I think the stainless steel industry will be out of a break then set the development of the way.

There are many domestic stainless steel production enterprises at present, taiyuan, southwest of jisco, baosteel, community, etc., many repeated overcapacity stainless steel products. In the face of such difficulties, if we continue at the current development ideas, to continue their barbaric development, will cause losses to further expand each other, until at last there is a lot of enterprise bankruptcy, to limit capacity, industry structure adjustment.

Such a tragedy is the market did not want to see, we should use for reference the experience of western iron and steel industry development, industry consolidation in advance, many times by many enterprise restructuring, eliminate backward production capacity, excess production scale, reduce repeat product change big, weak industry, a new lease of life to the industry.