Sheet steel plan to jointly limit production
 
In order to better out of the current industry downturn, the Chinese Iron and Steel Association last Friday to convene a number of large steel mills in Shougang, Taiyuan Iron and Steel, Anshan Iron and Steel convened Fifth northern plate manufacturers Conference ". The dozen or so north of steel after deliberations decided to joint limited production price, this news is like a stream of warm breezes through the cold steel industry.
 
Coils of Anyang Iron and Steel Group Co., Ltd. Song Water letter as delegates witnessed the entire meeting. According to Mr. Song introduced a number of temporary reach a joint production agreement of the insured. He believes that the joint production of great significance to the entire industry will play an active role. Once the cuts will balance supply and demand contradiction, prompting increased shipments.
 
However, Mr. Song was also pointed out that once the market returned to normal, the joint limited production situation is bound to be broken.
The analyst believes that if the steel mills to limit production to achieve a certain amount of a certain scale, will greatly boost steel prices.
 
Steel production is insufficient
 
At present, the winter in the steel industry had not the slightest improvement in the steel mills of the day than the steel trade enterprise is even more difficult. "Reshuffle after the early difficulties of the steel trade and gradually eased, and now the steel mills began to taste the bitter fruit of a steel staff, told reporters.
According to the monitoring shows that the domestic steel production in July overhaul increased significantly. A total of 22 steel blast furnace maintenance, related to affect the production of 588,000 tons, 8,9 month, the 6 planned blast furnace maintenance of steel, including Sha Steel, TISCO, Pat Steel, Tangshan Iron and Steel manufacturers,
including involving the impact of yield 79.5 million tons. In July, a total of 18 steel bar production line arrangement cut maintenance related to affect the production of 658,500 tons last month turned nearly Fan. In July, a total of 19 steel plate and strip production line arrangements for maintenance, hot rolled coil, cold rolled coils, plate, strip, respectively, affecting the yield of 290,000 tons, 50,000 tons, 95,000 tons and 49,000 ton.
 
Steel although the cut action, but reduced the amount is insignificant. According to reporter investigation, the August cut-off blast furnace has increased. However, the decline of the average daily production is only equivalent to a total reduction of more than 50 million tons, the contradictions of oversupply is still very sharp.
 
Shougang sales company marketing the Price Section of the Yangtze Tao pointed out that the steel by reducing the production is not enough. Once the resumption of production, the oversupply situation will be more serious. "



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