Suppression Of Cement Production Capacity Of Steel Plate Glass Strong But Long-term Corporate Short

Recently, the relevant state departments held inhibition industry overcapacity and

duplication briefing to strengthen the steel, cement, flat glass industry management, inhibit the excessive growth of production capacity to make informed and redundant construction.

The 2009 Central Economic Work Conference will be judged next year's economic situation, and how to control the development of related industries to set the tone.

Some analysts pointed out that the state has increased efforts to eliminate backward production overcapacity can inhibit initiative, although short-term negative impact on the enterprises, but for far-reaching significance to guide the healthy development of the industry.

This year, capital growth, expand domestic demand driven scheme, the industry presents to the good situation. From January to October, the country's steel production grew 10.5%, cement production increased by 18.7%, flat glass production increased by 1.9%.

Ministry of Industry and Information Technology Division inspector Jia Yinsong raw materials that saw the iron and steel, cement, flat glass industry to achieve capital growth achievements, we must clearly recognize that there is some deep-seated contradictions and problems. This includes the duplication of which would exacerbate overcapacity and irrational structure, industry concentration is low four points.

While the capacity grew faster than the growth in demand led to steel, cement prices this year, there were two big shocks, price trends show a W-type, a number of new steel production projects can not be scheduled.

Of these, 27% of cement is still backward production capacity, flat glass deep processing rate of less than 30%, sheet steel industry grew by only 8.1%, well below the long products up by 22.7% level.

Some cement companies have not been excessive regulation time, there are still undocumented parts of the production company. Production of flat glass production line specifications were small, poor quality, high energy consumption, heavy pollution and industrial policies should be eliminated in accordance with this part of the production still has more than 7000 million boxes.

Eliminate backward production capacity of steel industry, speed up the consolidation and reorganization of the news, the whole steel industry is favorable. The short term may affect the number of new businesses or expansion of projects, but in the long run, the development of the whole industry is certainly favorable. This is the view of Shanxi Securities analyst Suits, "because many policies have favored large-scale steel enterprises in the restructuring process, the large steel enterprises could gain the maximum. But the greater difficulty in re-cross the region, necessary for the state to continue to be issued the relevant policies and regulations Coordination specification in 2010, supporting policies they might have to a statement. "

Analysts also expressed concern, the Shanghai Securities analyst Zhu Limin said: "The elimination of backward production capacity talked about for many years, except for some really bad to be eliminated outside the iron and steel production capacity in recent years are increasing rapidly. Iron and steel industry in the interests of the distribution is very difficult to do many things, like a large steel enterprises in the restructuring plan, calling for many years, did not result. If only more of a management restructuring, such restructuring can provide a simple and much profit improvement is to be observed. "

Shun Securities analyst Wang Tianrui building materials industry view is that "inhibit the cement industry overcapacity for the industry is certainly good news. If you do not limit capacity expansion caused by oversupply, the damaged or business interests. Short-term some expansion plans will adversely affect the business, but companies can solve by way of mergers and acquisitions, which to some extent, mergers and acquisitions to speed up the progress of the cement industry. From the supply-demand relations, the first half of next year would be better than last year six months is better in the second half to keep flat. "

For the elimination of backward production capacity can control the current issue of excess capacity, an unnamed industry to reporters, said: "the result of elimination of backward production capacity may be greater the more out of production a few years ago the results of policy implementation is the way down, so effect after the implementation of the New Deal remains to be seen. "

by: gaga

POST COMMENT

Are You Trying For The Best Clothing On Wholesale Clothing Distributors Chanel Bags Are Distinctive Chanel Classic Bags Remember That Evening Dresses Are All About Looking Chic And Graceful Wearing Herve Leger Is A Fashion Symbol Now How will You Seect The Perfect Uniform Shoes Enjoy The Fashion Brought By Herve Leger Rolling Duffel Totes Present Unbelievable Advantages Other Bags Do not Is it possible Produce Your Own Skin Whitening Cream Utilizing Organic Products? Pick Guccis : Pick The Best Watch Doudoune Moncler Now Has Become Admired Worldwide Choosing Spyder Ski Jacket It Is Very Important 4 Useful Hardwood Floor Cleaning Products