China's steel industry in the first half of the growth rate decline, the China Iron and Steel Industry Association vice president Zhang Changfu (31):
Zhang Changfu: the first half of a total crude steel production of 357 million tons, an increase of 1.8%, a description of the production of Iron and Steel Industry Association member companies is declining, so this year we steel production growth of 1.8% of these SMEs the increase in production.
Zhang Changfu said: steel prices have been at the historically low profits by up to 95.81%:
Zhang Changfu: steel prices have dropped to the low price of unbearable. The first half of the year, enterprises realized profits of 23.85 million, the profit margin of only 0.13%, in fact, the main iron and steel industry has a loss.
Beijing University Economics Professor Cao peace is not an accident, the results of the first half of the domestic steel industry, he pointed out that the global economic slowdown, the decline in domestic demand can not be avoided two major factors, resulting in a slowdown of downstream industries, steel demand weakness:
Cao Heping: Real estate is a steel large, the original rate of 20%, is now below 10%, investment in fixed assets is more than 25 percent, now is down to less than 17%, road CCCG also slow down the construction of our 30 percent of highway construction, the mitigation is a very important indicator of the number. China's steel production accounted for 50 percent of the world's production capacity, in the case of the world economy and domestic economic slowdown, steel drop is completely normal.
Determine the range of data analysis, Zhang Changfu, enterprises are facing high cost of financing, funding constraints, iron ore and other raw material prices have continued to factors such as the same can not be ignored. Despite the various negative factors impact the steel industry, but Zhang Changfu, if the second half of the year, enterprises can reduce the inventory of steel, to develop high value-added steel market, adjust the industrial structure foot effort from top to bottom, and still have room for development:
Zhang Changfu: companies must adhere to the contract does not produce, do not pay no delivery of goods, lower than the manufacturing cost does not sell. Must control the total production, control the production rhythm. The use of market the Forced mechanisms, and do a good job of structural adjustment. We are confident that through the winter and usher in a new round of development in the face of difficulties.
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