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What purchasing limitation brings steel market

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With property-purchasing limitation issued, personal tax will no longer accessible to property-purchasing qualification, about 50% clients were lost, according to the data of real-estate trading management net, the total signed residences in the first half year are 91955 sets, which is the lowest one in the same period of the past three years, the total concluded amount is 46.5% off, fell 58.8% compared with the same period last year.

Meanwhile, in vehicle industry, purchasing limitation also brought many difficulties to steel market.

In 2010, domestic vehicle sales amount exceeded 17 millions, to alleviate traffic pressure; Beijing issued “vehicle purchasing limitation” last Dec, the market was sharply shrunk. “We are keeping eye on the vehicle industry”, revealed by some guy from Bao steel. It is known that many large steel enterprises like Bao steel, Shougang and An steel have very few constructional steel production line, most lines are used for vehicle plate materials. However, the purchasing limitation still aggravated the market risk.

 

Hot Dip Galvanized Steel Tape
Hot Dip Galvanized Steel Tape
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Electro Galvanized Steel
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