According to the latest news, the State Council to promote the rise of central China seven strategic focus to stimulate domestic demand to determine the Central Plains area, covering five provinces, 30 cities and 2 counties. The Ministry of Industry has recently said that the current downward pressure on the industrial economy still exist, but with the steady growth further demonstrated the effects of policy, the economic operation in the second half is expected to stabilize the rebound. Increasing with the expansion of domestic demand initiatives and implementation of demand for downstream steel industry, or will be released, then the second half of the Steel City, or is expected to be boosted.
In addition, local measures of steady growth have also appeared, overweight steady expansion of consumer policy, July 20, the Ningbo Municipal Government said the tax cuts from the Qing Fei, expand investment, adjusting the structure, technological innovation, to give support on corporate policy; 23 , Nanjing clear that the increase in the six aspects of the real estate consumer, automotive consumption, tourism economy, exhibition economy, e-commerce, green consumption, and other policy inputs; on the 26th, Hunan Province, president of Shashi People's Government released the 2012 major promotion 195 projects with a total investment amounted to 829.2 billion yuan, in order to promote economic restructuring, the activation potential market demand; Guangdong Province, said a number of major projects approved, there will be a number of major investment projects launched in the second half.
As early as in these cities before, multi-region has long been clear in accordance with their respective characteristics of its steady growth measures. Insiders believe that the policy of steady growth, with the increasing pressure of economic downturn, may continue to overweight.
In terms of the Steel City for this year's silence for too long, in the doldrums for too long, especially a slump market, but also do not see the bottom of it is the lingering fear of the iron and steel employees. Steel City each step very cautious now plummeted after the market begins to stabilize, but make the pick-up in the steel city of opportunity do not know where.
The analyst believes that the current to the steel city to be touched is the demand and steel mill shutdowns aspects news. Dropped to such an extent from the current situation, the steel city, steel production is increasing pressure, some steel mills have begun to develop a maintenance shutdown plan, although a whole, the rate will not be great, but as long as cut the formation of consciousness, post-production decline may be rewarding.
In terms of downstream demand, despite the increasing pressure of the domestic economic downturn, steady growth policy was put to the primary goal. But steady growth since May, the policy effect is still not much, but accumulate to a surge in the region to expand domestic demand initiatives, coupled with multiple implementation of major projects in the second half of this year, steady growth, capital growth will continue to boost the steel city an important factor.
July PMI index rebound and hit a five-month high, the July data output sub-index, new orders, new export orders sub-index has rebounded slightly. As leading indicators of economic development, reflecting the industrial economic climate index of the PMI rebounded, indicating that manufacturing is now warmer trend, the effect of policies began to show, only to crazy with the fall of the mentality of businessmen in a crash the stock market a little wake-up call and comfort .
And monetary policy have been gradually relaxed, more than 900 billion in new loans in June, the market is expected in July, the new loans are also expected to more than 700 billion. Financial aspects of large water, steady growth to the regional policy measures to provide a good lubricant, or to accelerate the steady growth of the implementation of policy measures. Many domestic demand for the start of the major projects and stimulate the real estate, automobile market, home appliances to expand consumption initiatives will undoubtedly have the Steel City, the formation of the good, the major downstream steel industry will gradually release the demand, so looking forward to the second half of steel market situation has improved merchants who may be able to breathe a sigh of relief.
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