Reinforced connecting sleeve futures contract experienced in July 1401 consolidation after the recent major steel export markets improved significantly in the state as well as the elimination of backward production capacity Zaidufali appeared five with positive momentum under intense rebound of raw materials rose sharply in the background. I believe that, with the confidence of the market for the better in the short term rebar remain strong side shocks. Railways and real estate have had good rail, after hundreds of billions of railway passenger van open tender, August 7th China Railway locomotives and large-scale re-release vehicle equipment locomotive tenders. The total procurement target iron Armament Department for Transport is 2015 new EMU 1400. This will allow the market to see the Railway Company plans to continue to increase investment in railways and confidence in the medium-term positive steel consumption. Real estate, along with the measures for the development of urbanization in the country have been put forward, closed nearly four years of the A-share refinancing or housing prices will usher in a major breakthrough. Early July due to the suspension of planning a major focus on a number of matters of housing prices, have been released in early August refinancing plan, procure favorable refinancing platform release 1401 contract rebar important breakthrough 3700 yuan pre-pressure line, if the policy came face continuous partial and more good news, do not rule out the possibility Shanghai steel rise further. Environmental protection has become the driving force to the production capacity in recent months, China's steel industry is connecting sleeve more stringent policy to accept baptism, the Ministry of Governance overcapacity list also from the first phase to the second phase, the first out of the business, including Baosteel , Anshan Iron and Steel, Wuhan Iron and Steel and other state-owned enterprises, but also includes sand steel, square steel and other large private enterprises. Forthcoming second batch of steel enterprises will be more stringent approval, the Ministry will take some enterprises on-site inspection, etc., continue to increase scrutiny. With the increase of the national environmental policy efforts in the second half is expected to firmer environmental remediation efforts, or to promote the elimination of backward production capacity to some extent, and thus support a certain price for steel. www.chinataotong.com