This may be China's "iron-disease". Its steel output to deviate from the domestic and international market demand and the contradiction has become increasingly prominent.
The road of rebirth of the steel industry, but need to be thoroughly and completely transform. This is the transformation of economic development, eliminate backward production capacity. Or reduce steel production of 100 million tons, out of 100 million tons of backward production capacity. This might be able to avoid the collapse of the steel industry in China.
The ill-fated Chinese steel industry is once again caught the eye of the storm. Now, printing up words, the steel industry collapse. "If the price of steel over the next three months are still in the doldrums, so far away from the collapse of the steel industry as a whole day." The lamented issued by the person in charge of Tangshan City, Hebei, a steel enterprises, not only from the small and medium-sized steel enterprises, the days of large steel enterprises are tough.
China Steel Industry Association said that the total profits of China's steel production in the first half of this year fell 96 percent. Recently has been more than 20 large and medium-sized steel companies announced losses. From the publicly available information, the Anshan Iron and Steel, Shaoguan Steel and Valin Iron & Steel Enterprises main income dropped significantly, including Anshan Iron and losses will amount to more than 2 billion yuan.
The crisis in the steel industry is still far more than that. Due to overcapacity, steel stocks reached the highest level in history. Figuratively speaking, the domestic steel stocks can be built 371 nest, 111 CCTV building. If the count is currently 200 million surplus steel production capacity, the country's current high-speed railway line can also re-built 40 times.
Like many industries in China, the steel industry was a huge growth in the past 10 years. In order to meet the building of prosperity, the demand for high-speed rail development, iron and steel production in five years 63%. A few years ago the booming of the iron and steel enterprises are not competitive results, but because of the great efforts to develop real estate and the construction of high-speed rail and other reasons.
However, the situation is more important than people. In the first half of this year, due to the national implementation of strict regulation and control policy for real estate, railway, highway construction downstream industry demand growth slowed down; imported iron ore and other raw material and fuel prices remain high, the high cost and high cost of financing, funds are tight The dual pressures, resulting in profits of steel prices has shrunk dramatically.
Other News:
China's steel industry rebirth Which Way
2012 China Stainless Steel Hardware in the international market to open up marke
Brazilian ore domestic decline in exports to increase
Japanese right-wingers on board the Diaoyu Islands intends to plug the flag
Shell expects lubricants growth of the Asia-Pacific region in 2020 half of China
German debt is no longer the euro area ＂safe haven＂
Japan on the Diaoyu Islands China will be sit still?
Major General Luo Yuan suggested that China's first aircraft carrier named for t
