The new data released in July 2012, the national consumer price level rose by 1.8%, the lowest since January 2010. CPI two and a half for the first time broken "2", "1" era, from the surface, the post-policy for more space, but the July economic data showed sluggish performance steel and its downstream industries; Steel City can hold is maintained?
To not comment on the macroeconomic news the face of the Steel City, take a look at the recent Steel City market. According to market monitoring data show that: As of August 9, the domestic focus of the city Ф25mm three steel average price of 3705 yuan, up, down four yuan; 5.5mm Carbon Hot-Rolled offer for 3644 yuan or 6 yuan; 1.0mm cold plate The average price of 4624 yuan, down 12 yuan; 20mm plate average price of 3606 yuan or 6 yuan; 1.0mm galvanized sheet average price of 4868 yuan or 3; 4-inch pipe, the average price of 3926 yuan or 3 yuan; 25 # I-beam, the average price of 3950 yuan or two yuan.
See the actual price of the steel city, the domestic steel prices since late April, continuing weakness in steel prices fell in July to reach the pinnacle, the decline in the degree of unprecedented. Enter August, the steel city during short-term rebound, but on the whole to maintain a pattern of tumbled. And end demand continued to shrink and industry pessimism intensified, resulting in continuous decline, the low Paohuo phenomenon increased, resulting in severe steel prices become increasingly downstream. Although the steel mill shutdowns bailout, then move just the contingent steel market rebound slightly changed quickly to a premature end to continue into the downstream channel, seven in August is bound to be more short off-season market.
Monetary policy considerations, repeatedly cut interest rates this year, down quasi-Steel City is almost already suffering from a policy of "resistance", rebound in demand to support the road repeatedly mortality; July CPI index hit a new low for the late regulation of the country's macroeconomic policy leaves a larger space. In other words, the funds face during the year, further easing possible, but whether to the Steel City to bring good, we are also unable to determine the short-term need for further observation.
Speaking on the Steel City, even though the money may also not be able to grind. The recent crisis "on foot" to allow banks alert again on the steel trade and business loans, steel trade and steel entities manufacturers also reduce the risk reduction loans. The positive aspects of such funds if the resurrection of steel industry downstream demand release might be able to activate the Steel City, or funds face relaxed feedback to the good of the steel city is no longer.
From the point of view the monthly industrial producer price index (PPI) dropped 2.9% year on year, the PPI continued to fall also show the real economy, demand is weak. Weak real economy; financing support of the Ministry of Railways on many occasions by many ministries failed to set off the steel city of little waves; around the real estate policy when in groups of inspectors to thoroughly investigate the property market, the New Deal forthcoming once again shake the nerve; in the automotive industry, appliance industry machinery manufacturing industry reported that pessimistic data. Response to the demand for the downstream industries of the Steel City will once again be weak steel market demand is still not effective to release, then the late steel market demand is still worth worrying about.
The domestic economy is facing a reduced growth; deceleration in the economy at the same time, the leaders of the second half of the primary task is to steady growth, so the state has developed a number of incentive policies and measures, so the downstream steel industry needs or is activated. And the fall of the CPI, to leave more space for the policy will remain loose in the second half or any further down the quasi-, and interest rate cuts to support the development of the real economy. So in terms of the second half of the steel city, or the formation of good news.
Other News:
CPI to enter an ＂era of the steel city if the hold is maintained?
Railway Investment and Financing Reform essay Development and Reform Commission
Steel prices bottomed perhaps not far off
The pre-sale system to trap the Abolition of the progressive cancellation will b
Stainless steel pickling passivation methods and process the scope of applicatio
China's economy or into the medium-speed development period
Important process introduced in the pickling process
Three year low iron and steel industry: the era of meager profit should be long-
