The funding pressure is more prominent. In the middle of early spring, the Shanghai building materials market continued to fall for several days. On February 14, which happened to be Valentine's Day in the West, according to feedback from analysts, when the market opened in the morning, the price of construction materials in the Shanghai market "dropped drastically as if there was no tomorrow", with individual declines all ranging from 20-40 yuan/ton, and the extent of price cuts by some merchants was unprecedented. Some merchants even said outright, "Sell if you can; as long as someone sincerely wants the goods, any low price can be negotiated." The price war was quite fierce. The current market truly reflects that saying, "There's no lowest point, only lower." The steel market keeps falling, and on the 15th, it entered a new era - the "3 era": mainstream prices of second-grade steel and high-line successively broke through 4000. Faced with such a "continuously falling" market, merchants are at a loss, and extremely anxious. Most merchants said that they haven't been able to sell well for months before and after the New Year, and were hoping that the market would improve after the holiday, but were greatly disappointed. A market insider frankly admitted, "We didn't expect the demand from construction sites to be so poor after the start of the year, and inventories have kept rising, like 1mm thick stainless steel plates. With the current tightness of funds, we really can't hold on anymore." Regarding future trends, most traders are pessimistic. Current inventory pressures are relatively large, and there has been no significant recovery in purchasing by downstream end-users, so the recent downward trend will continue, as seen in the price of stainless steel plates in Shenyang. On the other hand, the deadline for prepayments and orders from steel mills is approaching, further tightening an already not-so-loose capital chain. To ease the financial pressure [supply] 0cr18ni9 stainless steel plates, merchants can only compete to cut prices to recover some of their funds. It is understood that a steel trading company in Songjiang, Shanghai, with a registered capital of 30 million yuan, now has an inventory as high as 20,000 tons. The boss of the company expressed feeling "under immense pressure."