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The steel industry in the first half and the second half prediction analysis

Iron and steel enterprises' economic performance up sharply
 
According to Qu Xiuli first half of the steel industry run showed the following characteristics:
 
Production growth rate dropped significantly, but Nissan high level of innovation. The first half of China's crude steel, pig iron and steel production growth of 1.8%, 2.9% and 6.1%, decreased by 7.8,5.5 and 6.7 percentage points over the same period last year; average daily production of crude steel 1.9626 million tons, of which Nissan April crude steel reached 2.019 million tons, the highest level. China's crude steel production accounted for 46.6% of global production increased by 0.5 percentage points over the previous year.
 
Changes in market demand structure, different varieties of steel. This year, our economy continue to maintain growth, but the increase was significantly decreased growth in demand for the domestic market was down trend. January to June, the total domestic crude steel apparent consumption of 335.8 million tons, an increase of only 0.63 percent negative growth in June. The major steel industry in addition to packaging equipment, metal smelting equipment, tractors, engines, car, other production growth compared with the same period last year come down significantly. From the species point of view, the demand for long products is still relatively good at the plate, long products production proportion of 46.08 percent, up 1.17 percentage points; plate and strip the proportion of 43.97 percent, down 1.4 percentage points. Due to the slowdown in the automobile, shipbuilding, railways and other industries, plate, heavy rail, and other varieties of production is likely to drop sharply.
 
Exports of steel products to maintain growth, imports declined. Since the beginning of this year, with the pull of international economic slow recovery at home and abroad spreads, China's exports of steel products to maintain growth, including bar, wire, small and medium-sized steel exports increased more in the thick wide strip large decline in exports; at the same time, by the weakening of domestic demand and falling prices, the decline in steel imports. In the first half, China's steel exports to over one million tons of regional organizations, countries (regions) 8, 88.95% of total exports increased substantially compared with the same period last year, ASEAN, Africa, Gulf countries export to the EU, South Korea the volume of exports declined. 10 countries and regions, the proportion of China's steel imports reached 94.8 percent, an increase of imports from Kazakhstan, France, Russia, imported from South Korea, the proportion increased. In addition, the first half of the domestic steel producers to maintain a high level of imports of iron ore continued to show growth, a total of 366.2 million tons of imported iron ore, an increase of 9.7%.



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