Following the benchmark price of iron and steel industry
Baosteel price rise next year in February, after Guangzhou Iron and Steel Group, recently held responsible in the annual summary conference also said that next year, steel prices will be reasonable return. More industry analysts expect steel prices next year is expected to callback from 2000 to 3,000 yuan.
Zhangruo Sheng, general manager of Guangzhou Steel Group is expected that next year will be the steel city warmer year. Countries to stimulate domestic demand, especially to speed up construction of homes to protect works, rural infrastructure, railways, highways, airports and other infrastructure construction, earthquake recovery of investment, will drive the steel market recovery. In addition, several countries are developing the industry's revitalization plan, which plan to revitalize the steel industry was ranked first, and is expected to release later this year or early next year.
Wu article also said that 4 trillion of investment in the country, 86% and the steel consumption. Which accounts for road and bridge building driven by 45%, 25% driven by post-disaster reconstruction, construction of housing projects will contribute 7% and 9% driven by the construction of rural infrastructure.
Wu article expects crude steel output this year will reach 497 million tons next year, is expected to more than 525 million tons, up 5.5%. Plate capacity will continue to maintain rapid growth, but must be regulated through export. Prices, will show a low to high before the year is expected steel prices rose an average of 2000 to 3,000 yuan / ton. Exports, net exports is expected to only 25 million tons, less than 15 million tons in 2008.
Since last June Iron ore price After talks, the cash Iron ore Prices began to fall, sales. Wu article expects iron ore prices next year's long association is expected to decline 20 percent or more, cash transactions will be mainstream.
However, the financial crisis I have not fully released Wei, Zhang Ruosheng also expressed by these negative factors and cross-impact, industry, the recovery process will be very difficult. According to Xu, general manager of Zhujiang Iron and Steel, such as description, financial crisis, major domestic and foreign steel mills have limited production, cut.
According to statistics, only in November, the domestic production of hot rolled coils to reduce as much as 36.5%. In addition, the sharp rise in raw material prices, but also for the steel industry has had serious impact. The first half of this year, the average procurement cost of pig iron rose by 1,018 yuan per ton, up to a 5,050 yuan per ton, or 32%, up 64% year on year. The average scrap purchase cost increased by 791 yuan per ton, up to 61%, much higher than the same period prices rose 25%.
Although domestic optimistic, but there's no surprise that the global iron and steel production in 2009 fell at least 10%, probably more than 60 years, fell the most significant. I am China Quality Lighting writer, reports some information about fuzzy logic rice cookers , cooking rice rice cooker.
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