steels development

- Oct 12, 2017-

(I) production is at an all-time high. In the first six months of 2013, the country produced 390 million tons of crude steel, up 7.4 percent year-on-year, and a 5.6 percent increase from the same period last year. In the first six months, crude steel output was 2154,000 tonnes per day, equivalent to the annual output of 786 million tons of crude steel. Among them, February reached a record high of 220.8 million tons, while the march to June fell back, but remained above 2.1 million tons. Points provinces, between January and June, hebei, jiangsu provinces crude steel production increased by 6.8% and 13.2% respectively, compared to the two provinces combined new production accounted for 42.4% of the country's 26.94 million tonnes of increment, otherwise and yunnan, henan, shanxi, liaoning province is over 1 million tons. Enterprise type, 1 - June, key large and medium-sized steel enterprises crude steel production growth of 5.5% year-on-year, below the national average increase of 2%, but there are still a 60% increase from the key large and medium-sized iron and steel enterprises.

(2) low operation of steel price. From January to June 2013, the domestic steel market overall was depressed. With the large release of crude steel production capacity, the market supply and demand fell out of balance, and the price of steel plunged into the downward channel, which has been down for more than four months. As of July 26, 2013, the steel price index dropped to 100.48, down from 6.6 at the beginning of the year. The iron and steel association's key statistics of the eight categories of steel prices have declined at a different level from the beginning of the year, with an average decline of 5.7%. According to the variety, the price of the construction materials and the steel bars that account for the greater proportion of steel production in China fell by 4.9% and 6.7% respectively, while the price of the medium plate and hot-rolled coil dropped by 5.7% and 9.7% respectively.

(3) steel exports have increased rapidly. The supply and demand imbalance of domestic steel market stimulates the export of enterprises. In the january-june period, China's total exports of steel reached 30.69 million tons, up 12.6% year on year. Imports of steel 6.83 million tons, down 1.8 percent, imported steel billets and ingots of 320,000 tons, up 50 percent. The total net exports of raw materials were 25.06 million tons, up 17.3% year on year, accounting for 6.4% of China's crude steel output. In terms of export prices, the average price of export rods in the january-june period was $624.3 / ton, down 18% year on year. The board was 835.2 usd/ton, down 2.8% year on year.