The demand growth of the hottest steel industry is

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The demand growth of the iron and steel industry is slow, and the market is depressed.

recently, the national development and Reform Commission has conducted research and discussions in various places. Solicit opinions on regulation in the second half of the year. At present, local governments hope that the state will increase its financial support to local governments, especially in the field of investment, so as to speed up economic development. At the same time, the West hopes that the state will give differential treatment to excess areas such as steel and coal, but this is unlikely to be accepted by the national development and Reform Commission

July will be the period of centralized policy introduction. In the second half of the year, urbanization at the national level will also be held. The demand market of the steel industry in the second half of the year can be said to be 'cautiously optimistic'. The promotion of urbanization will definitely stimulate the demand of the steel market, which is a great benefit to the current depressed steel industry. However, the country's tolerance for the slowdown of economic growth is getting higher and higher. This economic tolerance is directly reflected in the current capital. Less government funds are available, and the projects approved by local governments can only rely on their own financing, which is detrimental to the project construction, In the second half of the year, it is still unknown whether the demand of steel market can be released by the service system of big Jinan experimental machine

in the first half of this year, the growth rate of fixed asset investment did not increase significantly as expected. At present, the main indicators of real estate are in a weak state after the rapid and sharp rise at the beginning of the year. It is difficult for real estate investment to maintain the high growth rate of 20% since the beginning of the year. Under the background of domestic macroeconomic weakness, the consumption demand of construction steel market is mainly short

July is the off-season for the production of major manufacturing industries such as automobiles and household appliances, and the demand of the plate market is difficult to be released significantly. In addition, in July, the country enters the high temperature and rainy season, and the construction of outdoor engineering projects will also be limited, which will also affect the release of the demand for building materials to a certain extent. Without the pull of demand, the current steel price rebound has no real demand support, and will continue to vibrate and reorganize repeatedly

due to the weakening of seasonal demand, the digestion rate of domestic steel inventory has slowed down significantly. As of June 28, the social inventory of rebar, wire rod, hot rolled coil, cold rolled coil and medium and heavy plate in major cities across the country was 16.9102 million tons. The destocking of steel market maintains a relatively stable form, but the crude steel output in the off-season is not mainly composed of machine base, oil cylinder, piston, wheel amplitude sensor, elevator, reducer, sprocket, lead screw, test bench, column, upper and lower beams, hydraulic automatic fixture, etc. it is an indisputable fact that the current crude steel output remains high. The current level of nearly 2.2 million tons is about 10% higher than the same period in 2012, significantly exceeding the growth rate of China's GPD, This makes the iron and steel industry, which already has excess supply, even worse. At present, there is still no sign of steel plant production reduction. Although there are the effects of eliminating backward and shutting down steel plants, the output will not decline significantly in the short term. Thus intensifying the contradiction between supply and demand, as the economic situation continues to weaken, the domestic steel market trend in the later period is difficult to have a better improvement

at present, the iron and steel industry is not only facing the adverse factor of slow demand growth. The "scissors gap" between steel prices and iron ore lowers profits and overcapacity. In addition, the "sword of environmental protection" is also hanging overhead. The implementation of various environmental protection regulations will increase the cost of environmental governance of steel enterprises. The market is depressed, and the profitability of the whole industry is not optimistic. The iron and steel industry is facing multiple adverse factors, It is not yet ripe for the steel market to turn around completely

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