Looking at the extremely difficult 2011 operation will be over, but it is hard for steel companies to feel relieved because the weak market situation this year is likely to continue until 2012. Analysts predict that in 2012, China's steel industry will face a slowdown in domestic and international demand growth.
Steel prices may bottom out by the end of the year In fact, since September of this year, the steel market has fallen sharply. As the prices of various varieties have been continuously updated to new lows during the year, steel mills have lowered their quotation, reduced production and maintenance progress.
Analysts believe that in the later period, external negatives still exist, and the steel market itself is not conducive to a good breakthrough. Before the end of the year, the steel market will continue to focus on shocks.
The two major risks should not be overlooked. It is worth noting that when the business conditions are very difficult, China's steel industry will also face two major risks. Chen Kexin, a senior expert in the Lange Steel Information Research Center's expert group, pointed out that on the one hand, due to the worsening debt crisis in Europe, it may trigger a chaotic global financial system and a more serious recession in the world economy. Affected by this, shrinking consumption in developed countries will seriously impact the direct and indirect exports of China's steel products.
In addition, the deterioration of the external environment in China's economic operations and the uncertainty in the impact of the real estate downturn on domestic demand have led the country's policy-making departments to shift to the previously restrained demand policies. Affected by this, for a period of time, the steel market will continue to operate weakly, and it is not ruled out that the deterioration of the European debt crisis and the Chinese real estate market's diving will jointly suppress the new round of steel price fall, reaching or approaching the level of the 2008 financial crisis.
Demand is not optimistic next year For next year's forecast, analysts believe that in 2012, the growth rate of investment in infrastructure construction and industrial production will be slower than in 2011, and the demand for steel will also show a slowing trend. At the same time, due to the global economic downturn, in 2012, China's steel exports may be difficult to reach this year's level, and it is expected that the annual steel export volume will remain at around 40 million tons.
To sum up, in 2012, China's steel industry will face a slowdown in domestic and international demand growth. However, it is more optimistic that under the guidance of the “Twelfth Five-Year Planâ€, the iron and steel industry will gradually advance in energy conservation and emission reduction, eliminate obsolete production capacity, and upgrade the quality of steel products, and the structural surplus in the steel market will improve. .
Steel prices may bottom out by the end of the year In fact, since September of this year, the steel market has fallen sharply. As the prices of various varieties have been continuously updated to new lows during the year, steel mills have lowered their quotation, reduced production and maintenance progress.
Analysts believe that in the later period, external negatives still exist, and the steel market itself is not conducive to a good breakthrough. Before the end of the year, the steel market will continue to focus on shocks.
The two major risks should not be overlooked. It is worth noting that when the business conditions are very difficult, China's steel industry will also face two major risks. Chen Kexin, a senior expert in the Lange Steel Information Research Center's expert group, pointed out that on the one hand, due to the worsening debt crisis in Europe, it may trigger a chaotic global financial system and a more serious recession in the world economy. Affected by this, shrinking consumption in developed countries will seriously impact the direct and indirect exports of China's steel products.
In addition, the deterioration of the external environment in China's economic operations and the uncertainty in the impact of the real estate downturn on domestic demand have led the country's policy-making departments to shift to the previously restrained demand policies. Affected by this, for a period of time, the steel market will continue to operate weakly, and it is not ruled out that the deterioration of the European debt crisis and the Chinese real estate market's diving will jointly suppress the new round of steel price fall, reaching or approaching the level of the 2008 financial crisis.
Demand is not optimistic next year For next year's forecast, analysts believe that in 2012, the growth rate of investment in infrastructure construction and industrial production will be slower than in 2011, and the demand for steel will also show a slowing trend. At the same time, due to the global economic downturn, in 2012, China's steel exports may be difficult to reach this year's level, and it is expected that the annual steel export volume will remain at around 40 million tons.
To sum up, in 2012, China's steel industry will face a slowdown in domestic and international demand growth. However, it is more optimistic that under the guidance of the “Twelfth Five-Year Planâ€, the iron and steel industry will gradually advance in energy conservation and emission reduction, eliminate obsolete production capacity, and upgrade the quality of steel products, and the structural surplus in the steel market will improve. .
Manufactured with advanced technique,diamond circle wrenches can avoid damage to rods and bits. They are especially fit to screw up and off wire-line coring rods.
We mainly produce various specifications and standards of geological core drill rods,core barrels, over shots ,various standards of impregnated synthetic diamond core bits,surface-set diamond bits,PCD reaming shells, surface-set reaming shells, PDC bits and so on.We have strong product development capabilities.Welcome customers to come to our factory to order products.
Wrench Series,Circle Wrench,Best Wrench Series,Wrench Series For Sale
wuxi shengmeirun trading co.,ltd. , https://www.wxsmrxz.com