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Chinese science and technology hardware city of steel warmer ramifications by srf asgas
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Chinese science and technology hardware city of steel warmer ramifications by SRF ASGAS
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| Article Posted: 07/20/2010 |
| Article Views: 80 |
| Articles Written: 515 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 626 |
| Article Votes: 0 |
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Chinese science and technology hardware city of steel warmer ramifications |
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Business,Business News,Business Opportunities
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With the domestic economy pick up, non-ferrous metals industry, ushered in the development of the spring. Recently, this reporter visited the China Science and Technology Hardware City, downtown market, metals trading band understand that the market in different varieties and types of steel have different ranges rose. Among them, in order to rebar prices rose the most obvious. The average delivery of the mainstream models rebar spot price of 4093 yuan / ton to 4456 yuan / tons; on the period, the average delivery price increases in 4100 yuan / ton to 4269 yuan / tons. Whether the futures market or spot market, to continue bullish have been calls for rebar. In the large-scale infrastructure construction projects have launched the real estate market rebound in housing starts rate in the double stimulation of domestic demand for rebar spot has reached an unprecedented height.
In the government "to maintain growth, promote domestic demand," a series of economic stimulus policies, the rapid growth of domestic investment, infrastructure, a substantial increase in consumption of steel, automobiles, real estate to rise again, the government-led infrastructure investment plays a major force in the role of the market. As the real estate industry, consumption, occupy the rebar and wire rods, nearly half of total consumption, the real estate industry's rapid recovery has undoubtedly contributed to increased consumption of rebar and wire rod. The second half of the domestic real estate industry will maintain rapid development momentum, will further stimulate demand for steel.
"Rebar prices keep setting new highs, the downstream demand is the main reason." Vendor Shimou told reporters that the government has invested considerable flock to 4 trillion of infrastructure, which is a great consumption of rebar. 6-7 Yuefen steel price increases, both the market automatically correct behavior, but also our government Ten steel industry revitalization plan to stimulate demand for the construction of policy factors, as well as steel mills through frequent ex-factory price increases to make up profit claims. However, inflation is expected to result in the same time, preserve and increase the influx of hot-rolled steel futures and spot markets in a short time the enormous speculative demand for steel products, it is the direct cause of skyrocketing steel prices.
However, although the current steel market situation improved, but they can not be blindly optimistic. According to the China Iron and Steel Association statistics, since the second quarter of 2009, in the world other major steel-producing countries at the same time the substantial decrease in production, China's crude steel output rise, not fall, 6,7 month crude steel production has also reached new highs. Steel prices continue to rise and the market outlook, optimistic expectations, so that the size of the domestic steel mills have full capacity to step up production, lead to massive release of production capacity. 266.5829 million tons crude steel production in the first half, an increase of 3.2418 million tons, an increase of 1.23%. The first half of the monthly production level was improved posture, do the same amount of crude steel is forecast to exceed 5 million tons. As production volume is too high, adding to the imbalance between supply and demand in the domestic market. Even in the traditional off-season consumption, output growth do not see any slow down momentum. Real estate, automobile, machine-building industry such as recovery, effectively boosting the consumption of steel, but in the second half of this drive is to be sustainable, the market has yet to be tested. If you can not keep up investment spending is late, then the excess capacity of the contradictions will become more prominent. I am Mp3 Player Manufacturers writer, reports some information about tk ball valve , valve manual override.
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