Adjust the structure of steel enterprises Baotuan expanding channels to seek change - steel, iron o
To June as the cutoff point, China Steel Industry Over the past 2008 is a " ": profitable steel enterprises in the first half, second half of the nosedive, or even facing the danger of loss of the entire industry.
Reason,Mbt Sandalen Panda, in addition to the financial crisis led to weaker global demand, the Iron ore The loss of pricing power, steel varieties not optimized, a single sales channel, part of the steel production capacity behind the ... ... these are the soft underbelly of China's steel industry has been overshadowed by the long-term growth, but in a crackdown after the exposure was more thoroughly only.
To cope with low price, limited production cuts by steel mills trying to protect the price, but this long term is an effective way; In addition, the steel also against their actual "founding" the adjustment of product structure, expand sales channels; countries to stimulate the economy development after the introduction of a package of measures,Mbt Fanaka GTX Schuhe Verkauf, China's steel industry also benefited.
Steel industry is the backbone supporting the rise of industrial powers, China is a steel big country, but more need to examine the short board is located, from this point of view, the "winter" and an opportunity, we look forward to fully pick up the Chinese steel industry,MBT Tariki Schuhe, it will more robust, more healthy!
Current difficulties is precisely the opportunity to upgrade its products. Most of the current collapse of steel products is "fair average" but "high, fine, sharp" products still have profit margins
China's steel industry is suffering from a decade the most dramatic and deep industry downturn.
Like a roller coaster this year, steel prices, surged in the first half, plunging the second half. "We think the steel industry to make high profits are over." Yang Siming,Mbt Schuhe Koshi, general manager of Nanjing Iron and Steel Group said.
The first half of this year, the steel industry continued last year's rally, after a boom period of the "good old days." Steel prices from 2300 yuan / ton rose to 6,000 yuan / ton, the size of the domestic steel production will only start to make money. But it seems that "overnight", the Chinese steel industry, "Spring" to turn into a "winter": from June all the way steel prices began the drastic devaluation of the country only two or three months steel prices in June from the highest point average price of 6338 yuan / ton to fall to 2,000 yuan / ton, a price below the level of earlier this year.
Into the "winter" International financial crisis is undoubtedly the most sudden drop in steel demand pushed hand, the steel industry is the most direct impact on exports of steel products plunged. According to latest customs statistics,Mbt Staka Sandalen, in October 2008 China's steel exports 4.62 million tons, lower than the previous 30.73 percent; 1 ~ 10 months total exports of 53.12 million tons, down 1.2%. China household electrical appliances and machinery export growth also reduced the decline in the demand for steel.
However, the worst is yet to come. Iron and steel enterprises have generally reflected the fourth quarter of this year, export orders fell 50%, which means that exports of steel products continue to face downward trend.
The domestic market is not a good showing. Real estate Occupy half of the country's steel consumption demand, and this year sales of commercial depression; other cars, steel, shipbuilding and other industries with large demand for the financial crisis intensified downturn.
"Fluctuations in the market when the original, if steel prices to float downward on certain basic guarantees sales, but this time no matter what the price lower, sales are still very difficult." Hebei Iron and Steel Group,MBT Tunisha Schuhe, Tangshan Iron and Steel Company General Manager said Yong .
China Iron and Steel Industry Association said earlier, into the China Steel Association statistics, iron and steel enterprises in the September 23 losses, the steel industry's average profit margin from 7.6% in the first half of this year fell to 1.4%. China Steel Association Secretary-General of China alone is still the "First Financial Daily" said that the Chinese steel industry appears in the October monthly loss of the entire industry.
Passive cut
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