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Data analysis and prospects of quarter of China's iron and steel industry
Published:2015-04-23 Clicks:1126
Customs import and export data: march exports of 7.7 million tons of steel in our country, from the previous month to reduce 100000 tons, for the nine months to a new low.Mainly by the European Union to our country iron and steel products continue to maintain the anti-dumping measures, and South Korea, India also are called on to raise tariffs on steel imports from China.The international market due to the unstable recovery in demand for steel is abate, let China's steel output in the heavy shackles.March in China imported 1.21 million tons of steel, is an increase of 340000 tons last month, but fell 3.2% year on year.
In general, the steel industry in the first quarter of this year's situation is not optimistic, the market is still exceeds the demand.Due to steel prices continued to fall, the domestic large and medium-sized iron and steel enterprise profitability has been deteriorating.We can be sure of is that the steel industry in the future will be strict controls of new capacity, the ministry plans to three years trying to compress 80 million tons of steel production capacity.Reported that 2014 bank lending quotas 1.5 trillion in iron and steel industry plan, as of the end of the smoke, 150 billion loan is pumped credit mostly private steel mills.This also see signs of the government control of steel production capacity, accord with the requirement of the previous ministry of optimizing structure, speed up the merger and reorganization, the formation of several large iron and steel group has a strong competitiveness.
In general, the steel industry in the first quarter of this year's situation is not optimistic, the market is still exceeds the demand.Due to steel prices continued to fall, the domestic large and medium-sized iron and steel enterprise profitability has been deteriorating.We can be sure of is that the steel industry in the future will be strict controls of new capacity, the ministry plans to three years trying to compress 80 million tons of steel production capacity.Reported that 2014 bank lending quotas 1.5 trillion in iron and steel industry plan, as of the end of the smoke, 150 billion loan is pumped credit mostly private steel mills.This also see signs of the government control of steel production capacity, accord with the requirement of the previous ministry of optimizing structure, speed up the merger and reorganization, the formation of several large iron and steel group has a strong competitiveness.