"China's steel industry 'winter' has arrived, is expected during the 'second five' national crude steel output growth probably will not reach two digits." Iron and steel materials trading complex development held in Hangzhou, the new situationForum on China Steel Industry Association chief analyst Li Shijun made ??such pre-judgment.
Li Shijun seems to become more complex as the economic situation at home and abroad, the domestic demand and exports of China's iron and steel are in decline, crude steel production grew naturally need to slow down, at least in the "12th Five-Year" period, it is difficult to reproduce 2007 Iron and steel prosperity.
This is a turning point in the eyes of the people in the industry. According to statistics, this century, China's crude steel production in most years has emerged as a double-digit growth. Especially from 2005 to 2010, China's crude steel production average annual growth rate of 14.2%, and only the outbreak of the global financial crisis in 2008, the national increase in crude steel production declined sharply to 1.1 percent.
But the past two years data show that: "China's crude steel production has been a marked growth signs of decline." The analyst told the newspaper reporter for by domestic manufacturing and construction downturn, the national crude steel output reached 680 million tons last year capacity is still high, but an increase of only 8.89%.
Steel in the first half of this year the situation is not optimistic. 1 June, the country's crude steel production year on year growth was 1.8 percent, the growth rate slowed by 7.8 percent year on year.
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