Let's look at the latest trend of the steel industry. More than two years, subject to regulation and weakening external demand, the real estate and manufacturing Redu plummeted, the continued downturn in the steel industry as a strong cyclical industries. Now, with a number of stimulating economic stimulus measures, but our reporter learned that, the weakness in the steel industry is still difficult to reverse, the steel trade and business executives also believe that the stimulating measures on the steel city of an impact will take time; Moreover, iron and steel difficulties not only a drop in demand of the industry to this one.
Engaged in Guangxi, a website of the China-ASEAN cooperation in mining, the reporter learned that the weak steel industry, resulting in iron ore prices plummeted after the price cuts iron ore sales still sluggish, and a lot of shipping has been delayed.
China ASEAN minerals, general manager Xu Naijun like us Guangxi 60 iron ore, the original (per tonne) 770 (million), about 690-700. Port into not more. ASEAN came in very little.
Further understand that reporters, currently have more than one port for iron ore inventory backlog, (word version) As of July 20, the country's 30 major ports in the total iron ore stockpiles at 98.52 million tons, an increase of 3.87 million ton. Qingdao Port, Rizhao Port, including the backlog of Guangxi Beibu Gulf Port has a large number of iron ore Port capacity reduced by more than 50%.
The general manager of China ASEAN mineral Xunai Jun said, the entire port is concerned, we understand that at least a few ports of 50 million tons accumulation.
Guangxi's largest port Fangchenggang reporter saw a seat piled iron ore mines, crowded yard. Port Authority operational staff said, until August 1 this year, Fangchenggang iron ore stocks is 3.31 million tons, traders shipments slow down a lot.
Chen Yu Hao, director of Guangxi Beibu Wan Hong Kong Fangchenggang Guangxi Area, is a relatively fast turnover rates, according to the previous situation, in general, then they imported came in a quarter (the library), this year, then a little footsteps slowed down.
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