China Metal Material Circulation Association statistics show that the last two years the pressure on the stock of the steel distribution business, financial pressure and survival of the increasing pressure, in 2011 the steel distribution industry average profit margin of less than 1%; the next 1-2 years the industry to survive the pressure is still difficult to effectively alleviate.
Production in China and international markets increasingly close linkage effect of domestic and foreign markets has become increasingly evident, important production information on varieties such as copper, steel, etc., the increasing influence of the domestic market to international market price, "the two markets, two resources "to adjust the domestic surplus and deficiency, the balance between supply and demand, and promote the healthy development of the national economy increasingly prominent role.
After decades of expansion, China's steel industry from weak to strong changes in development, has become a steel-producing countries to occupy half of global production. At the same time, with high-speed extensive development process, iron and steel production overcapacity, the regional distribution of chaos and weak demand and other factors, so that the steel industry gravely ill, faced with enormous market pressures.
China Iron and Steel Association official said China's June crude steel output is likely to remain in the record level of 200 million tons, due to the large production capacity, China's steel industry, any reduced production are limited.
Prior to the China Steel Association forecast in mid-May average daily crude steel output of 2.0395 million tons, down 0.3%. Crude steel output in mid ring than the slight decrease in the main part of normal maintenance due to the steel mills as a whole started and not yet by the rapid drop of market prices and capacity utilization remained at a high level.
According to statistics, the current steel prices again fell to a low for the year, and struggling with high productivity, the inhibition of low demand, steel prices have been in the process of bottom. By the downturn in the steel industry in the entire steel industry chain upstream and downstream industries also induced a corresponding decline.
The coal industry: the "golden years" have passed
Chief information officer of the China Energy Net, HAN, pointed out that due to the recent economic downturn is at home and abroad, the coal industry slow-down, gradual period of adjustment.
HAN: "Coal in China is the leading energy, accounting for more than 70% the proportion of energy, so that China is coal-based energy economy to the Chinese environment, transport, pollution, etc. Now due to the economic downturn, the coal supply relative to a surplus; and falling prices for the whole industry, should now be said to enter a period of adjustment. "
The latest one of the Bohai Rim coal price index shows that the heat down to 702 yuan per ton price of steam coal of 5500 kcal, down 17%, this is The index fell for eight weeks. Since May, the index is down 85 yuan, down 10.8 percent. And the price per ton weekly decline continues to deepen and expand from the initial one yuan to 27 yuan.
Qinhuangdao coal network data show that as of June 24, the Bohai Sea port coal inventory was 21.144 million tons, Pericyclic than a slight decrease of 0.35 percent, but still at historically high levels. In the last two months, the Bohai Sea Port coal stocks rose more than 70%, including Qinhuangdao Port coal stocks rose 75 percent.
Port inventory and plant inventory are much higher than a reasonable level. On the one hand, a serious backlog of domestic coastal ports of coal, Qinhuangdao Port coal stocks topped 900 million tons, a record high; the other hand, a high level of downstream power plant inventory replenishment power. The power plant coal fired inventory available once reached the highest level for 28 days.
The iron ore market downturn bid farewell to the period of rapid growth
27, Australian Resources and Energy, Ministry of Economic Affairs study reported that, despite the uncertain economic outlook in Europe, the economic slowdown in China, Australian iron ore and other resources and energy export value will still increase. However, multi-party data show that China's iron ore demand growth was slow.
According to statistics, in May, the total iron ore exports of Australia's major ports in the basic flat with the previous month, but the major ports of Brazil iron ore shipments were lower than the previous period, the voyage from Australia to China route freight movements Xianyanghouyi The voyage from Brazil to China freight routes down the main. Prices in May, the port spot price all the way down to the end of the last week of just rebound.
June 21, China ports iron ore stocks a total of about 95.86 million tons, slightly down the chain continued. Industry analysts pointed out, the entire market's enthusiasm is still hard to be mobilization, although some varieties of steel there are signs of a rebound, but still difficult to change the weak pattern of the recent Steel City. Weak downstream demand most of the steel enterprises do not rush to fill the library has dropped to a year low of imported ore price is still hard to attract interest in the purchaser.



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