2009, the new trend of product structure adjustment - steel, hot rolled sheet, building material prices - steel industry

2009, the new trend of product structure adjustment - steel

, hot rolled sheet, building material prices - steel industry

In the past few years, the rapid development of China's steel industry to meet the development needs of the national economy, not only for infrastructure and real estate construction provides a large number of long steel, but also for machinery, shipbuilding, automobile manufacturing industry with a large plate, and plates from the ratio of share year by year. As the market supply and demand imbalance and the government's macro-oriented, long products once out, and plates are being sought after. However, due to lack of coordination, in the process of adjustment of product structure, with the hot-rolled sheet, cold rolled sheets and other so-called high value-added production capacity in the rapid expansion of its production capacity has exceeded demand. As the economic situation was reversed for some time, the restructuring of steel products may develop in the long products, plate and pipe with more than likely to be phased down.

Board quickly changed by the shortage of supply exceeding demand, which for many reasons, but mainly for two reasons. On the one hand, there is a big market demand for plate is to promote the main reason for plate production capacity quickly. Since late last century, the rapid modernization of China's industrial development, including various industrial raw materials including iron and steel demand, steel companies at a time when the long established wood-based product line, thus Plate , Hot-rolled sheet and the order of deep-processing products clearly in short supply, its price is much higher than ordinary long products, making the production of these varieties of businesses are making substantial profits. Nevertheless, China's annual imports from abroad are still a lot of Slate , The price is much higher than the price of China's foreign exports. Production of these sheet products because there is considerable profit margins, coupled with hot rolled sheet production line significantly scale iron and steel enterprises will naturally adjust product structure, the direction of the plate. China's steel production capacity in recent years, rapid expansion in the case of a large number of manufacturing enterprises to increase production of steel for the purpose of expansion, new projects on a large number of plates. In contrast is the construction of steel production capacity growth is much slower, and investors mainly private owned. Large iron and steel enterprises, the production of long steel in recent years not only did not expand, but also shrink. Although some large-scale steel wire rod a lot of new projects, but the products are still mainly in the production of steel-based manufacturing.

Other hand, the guide also plate pipe than the rapid increase, although not conclusive, but played a certain role. Focus on industrial development goals, and improve China's steel industry in the international market competitiveness, the government also have to guide policy development and influence on the expansion of production capacity plate plays a vital role. According to the 2005 introduction of the steel industry policy (and, later, several additional regulations), the new blast furnace must be more than 1000m3, converter to 120 tons. And asked 300m3 blast furnace and 50 tons of converter must be eliminated in 2010. However, after the blast furnace and converter volume increase, the original caster, Mill Can not match, not suitable for production of wire rod, steel bar, medium and small, bars, the broadband steel, seamless steel tubes and many other varieties, only the corresponding production of long products by the board to adjust the production.

In fact, in the long term, increase the proportion of plates is understandable, but also to the trend of economic development, but spread over the steel industry, many enterprises of concerted action constitutes a "fallacy of composition", with the result sheet capacity developing too fast, beyond the level of economic development. According to statistics, China's hot rolled coil capacity has reached more than 200 million tons, plate production capacity of more than 8,000 tons of excess capacity has been the market a lot of pressure. The growth plate is too early and quickly, and even had to over-reliance on exports. From January to October 2008, China's total exports of long steel (wire rod and sections together) 15.44 million tons, accounting for steel exports accounted for 29.1% of the total, down 6.7 percentage points; and strip plate and pipe exports 34,593,000 tons, accounting for 65.2% of total exports, up by 6.1 percentage points.

However, the emergence of the economic crisis and lower demand for exports caused considerable impact to the contradictions emerge. By the international financial crisis, the global consumption of fast decline in China's industrial export-led under attack, cars, appliances, furniture, hardware and other products falling exports, while domestic consumption, household appliances, automobiles and other products are also sagging sagging, serious drag on sheet products. However, construction steel, despite the decline in influence by the real estate investment, construction material prices will inevitably decline, but the government in infrastructure construction has increased the intensity.

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