"Doomsday" to describe this year's steel market is not excessive, "gold, three silver and four" live up to the expectations of everyone under the off-season after struggling to survive the status quo will significantly so for granted. July, the relentless sun baked earth, the storm also frequently come washing earth, all sorts of erosion under steel prices eventually went to the crash, a touch of the industry-wide slump market, building materials, for example, just a half months within the majority of districts the mainstream market value fell by 200 yuan / ton, more than; steel city, and the hot weather sharp contrast to the cold business of the heart, after the decline hit Paohuo sound, Bargain sound, competing shipping The voices, however, this has attracted the terminal thicker steel for those who sell into the mood, otherwise sluggish demand significantly more malaise.
What is surprising is that steel prices while screaming in pain shouting loss, while still bite the bullet and positive production. The data show that the focus on large and medium-sized enterprises crude steel output was 1.6574 million tons in early July, mid-chain is still an increase of 0.44%; expected in early July, the average daily production of crude steel was 1.9581 million tons, late ring than although a slight decrease of 0.36%, production release is still at a high level, the supply pressure is still larger, What is the problem around the steel carries so "moths to a flame," the determination, different opinions on the market, sources said, the main business of steel mills iron have reported losses, but few steel mills will choose to cut or stop production, "put out the furnace discontinued, it will affect bank lending." without a blood transfusion bank loans, most steel mills are in dire straits and, more importantly, in many places, the steel mills are employment and taxpayer, often cut-off will trigger a chain at the local, which relates to the fate of survival of the employees.
In terms of the large steel mills, the difficulties are many: First, growth in the pressure is to shirk can not be social responsibility, while the easing of bank credit to the steel to maintain a high level of production emboldened; Secondly, to ensure that the brand awareness, it must maintain a certain market share, not shall not do anything will often attitude of the major steel mills; the other hand, relative to small plants, although they have a cost advantage, raw material advantage, but once the big steel mills slightly cut steel prices to get support, the small and medium steel mills at full capacity, which in turn may disturb the market again. At present, billet recent rate of decline amazing, still does not cut steel, the mentality of pessimism, the person in charge of a steel plant in Tangshan, says, "instead of steel billet in a warehouse waiting for cheapening, not as production into finished sets into ready money"; visible face of the downturn in the market, cut or not a reflection of how much tangled and desolate.
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