In the domestic economic downturn and steel downstream there is no substantial release of pressure, although the sea, in July this year the domestic steel market was cold if through the ice. From 2009 to the present, the steel trade and industry, such as a roller coaster, the steel price spike per ton net loss of one hundred yuan per ton from the net profit thousand Yuan, profits plummeted. It is understood also informed that a lot of steel trade have been defaulted on money, capital operation, however, we caught in the middle is very difficult, do not know how long the downturn in the domestic steel industry chain can imagine.
In the final analysis, the reasons for this phenomenon is caused by weak downstream demand, raw material prices are high, steel prices low levels, so this year, China's steel industry is difficult. Second, with the national resources, energy prices, the pace of fiscal reforms to accelerate, coal, electricity, water, gas and other prices will further increase the business costs will continue to increase. At the same time, the state has increased energy conservation efforts, the enterprise is also increasing investment in energy saving, environmental protection, coupled with rising labor costs, high cost of iron and steel enterprises, the situation of low efficiency and short-term is difficult to change. In addition, the steel industry, high-cost, low efficiency of the situation is difficult to reverse in the short term. At present, iron and steel used in the production of iron ore, coke, coal and other raw material prices have been high.
In summary, the downstream demand for iron and steel industry in the short term there will be no substantive release, demand remains sluggish, the social stock pressures are still strong, the poor market confidence, financial problems are more prominent, the steel market in the second half will show the trend of the vulnerable run, the future price of steel or shocks to stabilize.
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