According to report

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Fan rise, China, as the main buyers on the market, but only parry,Provide comprehensive [link widoczny dla zalogowanych], to be naked, Yingxiongqiduan, lament.
The global economy in 2009 is very clear downward trend, affected by this burden, the international steel market slowdown in demand and prices fall is inevitable, iron ore accumulated for a long time \Otherwise, the general loss of the Chinese steel prices will remain bogged down in the \
Hee hee the world are all to benefit. In the rapidly changing global economic climate background, the ongoing new round of iron ore negotiations, both parties to contest? Can reach a final compromise? Voice will change hands? \All these, will once again become the focus of public attention.
Line survey
Steel prices to survive, \
January 9, 2009, the north wind and the lazy sun, the industrial city of Tangshan City in north China suddenly met.
Fengnan from the city center to the industrial zone area on the road, you can see rows of tall chimneys standing and the huge cooling towers, they are emitting smoke and steam at the top, silhouetted against the blue afternoon sky, the white dazzling.
It is the location Guofeng, Synnex, bainite and many other steel companies, those rising white smoke and steam in, declaring that they are among the tight production, but also means that many local steel industry has long The \
A blessing in disguise \\
When a reporter walked into the plant, notice the number of large equipment is rusting inside, people can not help but think of the pain of the past few months of inactivity. Although factory workers sounded in the dust, but many people smile on his face clearly.
\\He visited in the last month the majority of private steel mills in Hebei, the reality greatly unexpected.
Wang Dayong did not disclose the planned expansion of the steel prices of specific names, but surely that they \cheap, buy a long association with the usual large steel compared to state-owned mining, private steel enterprises greater room for maneuver.
It is reported that private steel enterprises in Hebei iron ore spot purchases, which are mostly Indian ore,Provide comprehensive [link widoczny dla zalogowanych], and the recent Indian ore prices lower than the long association mining 30 U.S. dollars / ton. Since the second half of 2008, steel prices fell, a long association mining and steel prices even appeared upside down. In desperation, the big steel mills to suspend production is discontinued as soon as possible to reduce the losses, because each individual ignition blast furnace high cost, can only bite the bullet, knowing that losses have started.
\\This part of Hebei's Tangshan Iron and Steel Group, the largest steel enterprises in 2008, the process of the steel market have fallen sharply, encountered unprecedented difficulties.
According to Zheng Ge introduction, Tangshan Iron and Steel signed a long association mining the price of 1,000 yuan / ton, the original price of iron ore market had reached 1,600 yuan / ton, so there are still significant price advantage, but the financial crisis,Provide comprehensive [link widoczny dla zalogowanych], the iron ore Stone price dropped to 600 yuan / ton, a whole fallen by 1,000 yuan / ton, a great impact on the Tangshan Iron and Steel.
According to report,Provide comprehensive [link widoczny dla zalogowanych], other major domestic steel companies have different situations, such as Anshan Iron and Steel Group about Qi Cheng is to rely on iron ore mines under the Wuhan Iron and Steel Group also has its own mines, but all rely on imports of Baoshan Iron and Steel Group ( hereinafter referred to as Baosteel) is undoubtedly suffered the biggest losses.
It is reported that Baosteel and Shougang Group (hereinafter referred to as Shougang), and other leading enterprises, is still in limited production or different levels of concentration of blast furnace maintenance phase.
By this time, those small capacity, the purchase of private steel mills ore spot shows a flexible operation side. According to Wang Dayong said, the profits of some varieties of steel space at 200 yuan / ton to 400 yuan / ton, enough to support a private steel enterprises started. Anterior vast source said the day the end of 2008,Provide comprehensive [link widoczny dla zalogowanych], including Baosteel, Shougang steel plant, including several large high-level gathering of Chinese Iron and Steel Association (hereinafter referred to as Steel Association), of \reported to the National Development and Reform Commission. It is said that resumption of the export tax rebates, tax adjustments and other resources are strongly urged chiefs, but a heavy atmosphere of the meeting, because we do not know when it is the end of the current economic crisis.
In early 2008, Baosteel received CVRD, BHP Billiton and Rio Tinto iron ore requirements of a substantial price increases, the wind did not expect the second half of the market downturn, China's steel exports drop sharply, domestic and international steel prices fell, resulting in an awkward situation: long-term agreement than the spot price of iron ore mine in the price. At this time, steel prices started production means loss of production and the more losses will be.
According to Ge,Provide comprehensive [link widoczny dla zalogowanych], Zheng recalled, the actual turning point occurred in the steel market in August 2008, September is quite evident from the decline. He believes this is because to the Chinese steel industry cycle, and the second is that most companies have misjudged the economic situation after the Olympics, I believe the Chinese economy will not produce large fluctuations.
Specifically, the biggest loss of large steel enterprises steel market demand due to a sudden contraction, causing a sharp decline in spot prices of ore at high prices. Steel companies usually reserve for one month sufficient production of raw materials, early September 2008,Provide comprehensive [link widoczny dla zalogowanych], the price of cold plate at 7,000 yuan / ton, but can only be sold to a November 3500 yuan / ton, down by half full, while the business is by 7,000 yuan / ton raw material reserve price.
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Iron and steel enterprises in Hebei, the Beijing Olympic Games and other reasons during the shutdown, they were prepared in advance equal to one month's expected, suddenly find that the market did not, and high raw material depreciation that'll beat them all senseless.
It is reported that Hebei Iron and Steel Company, a total of million tons of annual capacity,Provide comprehensive [link widoczny dla zalogowanych], which accounted for three of Hebei Iron and Steel Group into, because it is state-owned enterprises, the Group's ability to resist risks are relatively strong, many SMEs was even worse.
According to CISA statistics, in November 2008 of 71 large and medium steel mills in the country, the loss reached 67.7%, to 48 loss-making enterprises, losses also reached a new high of 12.77 billion yuan.
Baosteel chairman Xu Lejiang just recently promoted to admit, the steel market prices,Provide comprehensive [link widoczny dla zalogowanych], high prices of raw materials inventory, has led to industry-wide monthly loss of iron and steel, Baosteel not immune.
As Deputy Secretary-General Qi Xiangdong, CISA said in the past two to three months that caused a \loss of reservoir function of the user. The latter is estimated that 8,000 tons of scale, the light that will lead to shock two months of the steel companies, steel companies how can my heart do not panic? Dash of color
Said one person in Tangshan Steel, the country's 4 trillion plan to expand domestic demand, it should be said or played an important role. The first is confidence,Provide comprehensive [link widoczny dla zalogowanych], and we will not sell your life to steel, and some brokers have begun to purchase the same time, two months of \price of raw materials.
\power loss, loss of function of the channel reservoir) are more or less been restored. \
Face the loss of the whole industry, not long ago Baosteel raised steel prices in the first quarter of 2009 200. Baosteel's pricing has always been regarded as industry leader, a move tantamount to an industry-wide increase in steel prices expected.
\\He believed that Baosteel price adjustment to the same dire straits of the other large steel mills to save out.
General Michael Ma, iron and steel industry experts have commented that Baosteel raised the price to help stabilize the steel market. The fact is that, from November 14, 2008 fall into the abyss, the recent stable steel prices in the state, and the emergence of a slow correction.