Economic development has resilience
May. 21, 2019
Today, traders are cautious about the operation of the steel market in the later period, and do not dare to rush to stock up; downstream end users generally purchase on demand, not willing to prepare more materials; foreign trade orders are also mostly ordered in small batches and multiple batches. To a certain extent, these phenomena reflect the mentality that the parties are not optimistic about the market expectations.
In this regard, Ren Qingping suggested that steel traders should be stable and full of confidence, and should see that China's economic development has certain resilience. Since the beginning of this year, China's economic operation has started well, and the main indicators have remained within a reasonable range. In the long run, China's economic development has a large room for manoeuvre, and it has the conditions to continue to maintain steady and healthy growth, injecting strong momentum into the “steel demand”.
In addition, Ren Qingping also suggested that steel traders should actively maintain the smooth development of the market, including the following aspects:
First, it is necessary to form a new cooperative relationship with iron and steel enterprises to jointly promote the smooth operation of the steel market. Steel traders always have to play the role of “bridge” connecting steel mills and users to meet user needs as much as possible. Steel mills must also take into account the interests of steel traders. The two sides should establish mutually beneficial and win-win cooperation.
The second is to innovate business ideas, change marketing models, and expand the terminal market. With the continuous adjustment of China's economic structure, the main driving force for economic growth has shifted from investment to consumption. In the process of conversion of new and old kinetic energy, the “steel demand” structure will change greatly. For example, the demand for steel in the traditional steel industry shifts from variety and quantity to quality and quality. This puts forward higher requirements for the steel industry, and also puts forward new requirements for the business focus, market positioning and marketing model of steel trade enterprises. Steel traders must, according to the new requirements of the market, their own business varieties and sales fields. , end users, service models, etc. are adjusted.
The third is to create a good market environment, safeguard legitimate rights and interests, and promote the healthy development of the industry. Recently, the first Shanghai Chamber of Commerce and Industry Steel Trade Chamber of Commerce held its first full-time meeting and elected a new Steel Trade Chamber of Commerce. In the new market environment, the Steel Trade Chamber of Commerce should play a more active role in the transformation and upgrading of steel trade enterprises and the improvement of the business environment.