From the second half of last year, the domestic steel prices out of a wave of rapid gains. Rally and not because of the Spring Festival holiday and interrupted, after the Spring Festival, steel prices pulled up straight state. With the gradual improvement of sales, seize the opportunity to hoard goods of steel trade business made a fortune. Jinan City Rongxin of economic and trade Co., Ltd. is one of them.

“After the Spring Festival, sales grew by more than 40%, full income.” 12, in Jinan City Rongxin Trade Co., Ltd. General Manager Cao Long’s office, he told reporters happily, “the Spring Festival after a month Last year ‘s earnings in the first half of the year.

Although the recent days there has been a slight decline in steel prices, but the reporter learned that steel trade is still optimistic about the market outlook, “will show ‘first down after the rise, and then down and then rose’ wave-like rise.” Cao Long predicted.

Generally “earn”

12, when the reporter arrived at Cao Long’s office, he is and several colleagues to drink tea chat.

“Can be said to be a night back ten years ago.” Cao Long joked. According to Cao Long introduced from the fall into the channel in 2011 to the end of the year, the entire market has been in a downturn for about 5 years, during which many steel traders have been out of the market due to loss. However, since last year, the steel market into the “bull market.”

“Although the business is a lot better, but still did not expect the price will rise.” Cao Long said, “and years ago to judge a little mistake, the number of winter storage less, or will earn more.

Earlier this year, Cao Long raised more than 400 million of funds, but in fact only took out less than 3 million yuan for winter storage. “At that time, that winter storage should be, but should not put all the funds on this, after all, now the market and a few years ago different.

At that time, consistent with the views of Cao Long, Jinan Huaxin Trading Co., Ltd. Deputy General Manager Kang Ying. She told reporters: “inventory is the source of loss, but also the source of profits and I think next year the situation will be much better than this year, hoping to continue the winter storage of the road.

Kang Ying believes that in March and April next year, steel market will have a certain rise, it should be as much as possible stocking. “More money will be able to prepare more goods, when the time will be able to earn more.”