Recent National Port coal stocks overflowing, the price drop thousands of miles, printing one after another sigh to think that the coal "golden years". Situation compared to coal prices, the steel industry is much better than this or it can be said even more than this. Into the twenty-first century, the steel industry has entered a rapid development period, in particular, is a 2008 four trillion investment-led program, the steel industry has exploded, from steel production to exceed five hundred million tons in steel production capacity of the structure of the urgent need to be adjusted. Crude steel production exceeded 900 million tons in now, so has resulted in serious excess capacity in steel industry, seriously disturb the market balance between supply and demand frequency of causing steel prices down more than
This year, the debt crisis in Europe and America Stanford since the fall of the domestic economic growth, decline in steel downstream development of the industry growth, demand for iron and steel industry has been significantly weak. In high yield, high inventories, low demand, low prices, "two high and two low" situation, the steel trade and industry is already overwhelmed. Steel industry into the era of industry-wide losses in the first half of this year, the steel industry, the "golden age" will be gone forever, and now are faced with financial difficulties of the industry as a whole, if you ride out the storm, but also to see how the steel industry Bonereaver survival . "
Again and again from the crude steel production of the first half of the year highs, the average daily production for several months to break the two million tons, then the first half of steel market downturn trend can be seen increasing production has been increasing the burden on the steel city on the market appeal sound wave after wave of cuts to save themselves, just steel mills spontaneous production Qinan. Moreover, most Hai Wen is the recent disclosure of the Audit Commission: Baosteel, Wuhan Iron and Steel, Anshan Iron and Steel Group subsidiary companies in recent years without the approval of the violation new and failing to phase out production of the annual energy consumption accounted for an average of three companies in 2010 17% of the total energy consumption. So do not take the lead in the leading domestic steel producers to cut violations increase the behavior, and how not to chilling. Should the steel industry does not cut the self-help, the steel industry ourselves how about survival?
Second, bank credit crisis is serious, the end of 2008 four trillion investment plans, so that the steel trade and industry has become an important customer of the bank chasing after 2009, the bank took the money and a rare phenomenon to find a lender in the country staged, so the steel trade enterprise slowly evolved into steel trading business financing platform. With the real estate regulation and monetary policy tightening, breaking the profit model of the steel trade financing, a lot of huge steel trading business loan funds can not be normal return, not a bank loan, so running, jumping, suicide variety of Hai Wen frequent The bank's bad debt was constantly broke, and steel trade and industry has begun to enter the bank loan risk "blacklist". Steel industry bank loans more difficult, we can imagine that if there is no financial support, the steel trade and industry to survive?
To Zhouning Chamber of Commerce sent a letter to the commercial banks, support enterprises tide over the crisis, the CBRC is still open to the bank credit risk early warning of steel trading business; Zhouning Chamber of Commerce recently again called on banks not to implement the "one size fits all" steel trading business loans, thus before they get a response of some banks. Then there are the Industrial Bank raised the steel trade enterprise credit access standards will improve the access threshold for the steel trade and industry. However, bank credit to raise the threshold, and eventually opened a door to the steel trading business. Late steel trade industry how about win bank trust, but also to see how the steel trade and industry to strengthen the industry self-regulation from their own steel industry is not able to as many mortgage financing platform, steel trading business, only a clear understanding of this point, strengthening self-management, in order to slowly win will bank lending trust.
Third, currently on the market the most sound obscure the contradiction of supply and demand in the steel market, steel city up the road is long and far Come. Recently had a lot of good news, but these projects long investment cycle, the policy is difficult to benefit the trade steel industry, the same time, real estate, shipbuilding, automobiles, machinery processing and other downstream industry demand, leading to increasingly depressed steel market. Indeed, if there is no demand for support, the steel city does not survive at all. Only downturn in steel market demand for downstream industries, the State also introduced a lot of policies to stimulate, although the conversion take time, but at least the latter part can bring the actual demand effects are also considered taking the pace of rescue, then the external demand began to change , as the steel industry in need of reform has already begun?
In summary, the production ranked high, increased supply and demand, inventory deceleration slowdown, the downstream demand in the doldrums, are all important factors caused by the steel industry dilemma, in the face of this crisis in the industry, the steel industry is awakening? Although the steel industry seems to be more complex, but want to survival and development, bound from the reform itself.
Other News:
U.S. media agitation to help the Philippines won the Huangyan Island
Iron and steel industry adversity long long-term survival of the Road
South Korea and Japan intended to sign military agreement the parties reacted st
Downstream industry funds distress steel market has been drag
U.S. to give China and Iran oil embargo immunity
Steel market trade melee or payable
Half of the Coke products was traced to alcoholic New Zealand woman binge died s
Public agencies to see the City: July Steel City will continue to seek a breakth