Short-term # 20 precision steel pipe market will continue to give priority to with tight trading range, the domestic steel industry downturn still, industry trend of weak demand is still no change, at the same time, the steel market demand into the traditional low season, the price is difficult to have a decent rebound, the steady growth in September policy dynamics and frequency is unprecedented, especially the fiscal policy of overweight clear signal, government-led infrastructure investment accelerated, is expected to bring off-season demand a certain surprise.In the short term # 20 precision steel pipe market pattern will continue to give priority to with tight trading range.Policies since may of the state council and the ministries issued with the steady growth of more than 10 for relevant documents two days on average a steady growth, the central bank to cut interest rates, reduce the pressure on local government debt, relax infrastructure financing constraints, development and reform commission approved the construction project investment of more than 450 billion yuan, 1.97 trillion yuan of the PPP projects, etc.With the policy of gradually implement, to economic stabilisation and boost market confidence will play a positive role.
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