subject: Excess iron and steel production growing trend of how the steel market - GBIC Tranceiver manufacturer [print this page] With the current iron and steel industry, the increasing excess capacity, supply and demand conflict, derived under a variety of objective reality, or will become the course of China's steel industry lingering troubles. Supply and demand of China's steel industry in 2010, the conflict brought about exactly what kind of impact will the market outlook? How will interpret the latter part of the market trend? Thus bring about a problem raised again recently held "2010 China Steel Trade Forum and the development of enterprises in Shanghai Federation of Industry Trade and Chamber of Commerce Annual Steel" concern. "At present China's steel production capacity is in general oversupply of, but does not need to do this panic." Baoshan Iron & Steel Sheet Sales Shen Weiping, vice president recently in "China Steel Trade and Enterprise Development Forum" stressed that "from the current point of view, as the economy is gradually recovering, the future of automobiles, household appliances industry, the industry will be out of the valley to the domestic steel industry has brought strong downstream demand. "In his view, in a sense, this demand will be on the market played a supportive role in healthy development. Of course, we can not ignore each iron and steel producers for the market all have a relatively different emphases. Sha Steel Group Sales Director at the office after the ceremony, added: "like the Baosteel Group focuses on high-end variety, therefore, according to the different focus, the future market may show the following characteristics: in producing hot-rolled structural steel type or general category Lord's business may face greater market pressures, for low-value-added products, the cost will play a very important role. " Faced with high inventories of this dangerous "quake lake", there are traders sent a question: such a high inventory in 2010 in the face of credit instability, once again to tighten the money will directly result in China's steel market a catastrophic decline that took place? Matter of fact, the industry the right to be worried. Iron and steel trader in Shanghai Federation of Industry will be president of the International Chamber governance section of this excitement about White: "The impact is definitely yes, but it does not cause fatal injuries." He said that on the one hand, traders should learn to make full use of steel futures to the spot to avoid risks, to achieve "self-protection"; the other hand, chain tightening of bank funds, make sure the relevant industry bodies will take active measures to rescue the market. At the same time, "When the cost down to a certain degree of flexibility, cost, degree of support for the market will also increase, the domestic steel market may be ushered in rangebound rally." A sales representative from a large steel analysis . Most participants reflected traders in 2010, the "two sessions" policy has been initially clear, "in 2010 the domestic economy, monetary policy, Jun Cheng steel industry emerged in good development." When asked about and difficult to guess when the steel city of direction, Shen Weiping finally stressed that, with the future more robust recovery in demand, as well as iron and steel production capacity expansion can not be positive, even though the latter part of the market there may be some consolidation, but it certainly will not be much margin . Therefore, the later the market will still present a relatively good development trend. Clearly, holding optimistic Shen Weiping more than one person. Shanghai Iron and Steel IT analysts in the article Wu has also issued a forecast second-quarter domestic steel prices will continue to maintain the city, "the bottom of the elevation, shock run" posture, and with the market demand for the latter part of the gradual start in May 2010 around the domestic market will usher in a new round of the highs. All in all, in 2010 the overall demand for domestic steel market will be better than 2009. He pointed out that the short term, China's steel market or will continue to maintain "rebound inadequate and not much room down," running posture. On the one hand, high inventory limits the intensity of steel prices rebound; the other hand, is conducive to price stability. Moreover, with the rise in market transaction costs will limit the space for steel prices fall.
Excess iron and steel production growing trend of how the steel market - GBIC Tranceiver manufacturer
