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    Next Year Steel Price Is Expected To Call Back 2000~3000 Yuan.

    2008/12/30 0:00:00 49

    After Baosteel's price vane of iron and steel industry raised the price of products in February next year, the responsible person of GISE group also said that steel will return to a reasonable price next year.

    More industry analysts expect that steel prices will return 2000~3000 yuan next year.

    Zhang Ruosheng, general manager of Guangzhou Iron and Steel Group, predicts that next year will be a warmer year for the steel market.

    The state's investment in stimulating domestic demand, in particular, speeding up the construction of housing security projects, rural infrastructure, railways, highways, airports and other infrastructure facilities, and the reconstruction of earthquake stricken areas will drive the recovery of steel cities.

    In addition, the state is formulating a revitalization plan for several industries, of which the revitalization plan for the steel industry is ranked first and is expected to be released by the end of this year or early next year.

    Wu Wenzhang also said that 86% of the country's 4 trillion investment is related to steel consumption.

    Among them, the construction of Luqiao accounted for 45% of the total, 25% by the post disaster reconstruction, housing construction will contribute 7%, and 9% from the rural infrastructure construction.

    Wu article predicts that crude steel output will reach 4.97 billion tons this year, and next year is expected to exceed 5.25 billion tons, an increase of 5.5% over the same period last year.

    Plate production capacity will continue to maintain rapid growth, but must be adjusted through exports.

    In terms of price, the steel price will rise 2000~3000 yuan per ton.

    On the export side, net exports are expected to be only 25 million tons, down 15 million tons from 2008.

      自去年6月鐵礦石價格談判完成后,現貨鐵礦石價格開始下降,跌幅較大。吳文章預計,明年的長協鐵礦石價格有望下降20%或更多,現貨交易將是主流。不過,金融危機余威還沒完全釋放,張若生也表示,受這些不利因素交叉影響,行業的復蘇過程將是非常艱難的。據珠江鋼鐵總經理徐志如介紹,金融危機發生后,國內外各大鋼廠紛紛限產、減產。

    According to statistics, in November alone, the reduction of domestic hot rolled coil production was as high as 36.5%.

    In addition, the substantial increase in raw material prices has also caused a serious impact on the steel industry.

    In the first half of this year, the average purchasing cost of pig iron increased by 1018 yuan per ton, up to 5050 yuan per ton, or 32%, up 64% from the same period last year.

    The average purchase cost of scrap steel increased by 791 yuan per ton, or 61%, which greatly exceeded the 25% increase in the same period product price.

    Although the country is optimistic, foreign reports have reported that the output of the global steel enterprises in 2009 will at least decrease by 10%, which may be the largest year-on-year decline in more than 60 years.


    Editor: vivi

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