Increased decrease of metal and iron alloy commerce
Computers - Computers
Written by Zou cheaponsale   
Sunday, 26 April 2009 08:10
Since the China Iron and Steel Association was informed that, despite the decline in steel production costs a lot, but because of market demand and existing production capacity exceeds demand, the product of poor sales and low prices and other reasons, resulting in production loss, one quarter of the domestic large and medium-sized steel loss of 3.308 billion yuan.
by Zoucheaponsale


Since the China Iron and Steel Association was informed that, despite the decline in steel production costs a lot, but because of market demand and existing production capacity exceeds demand, the product of poor sales and low prices and other reasons, resulting in production loss, one quarter of the domestic large and medium-sized steel loss of 3.308 billion yuan.

China Steel Association, manager vice head Luo Bingsheng said that the total hard metal goods produced is too high the first quarter of the source reasons for of enterprise losses. The first quarter advanced as a effect of the formation of the procurement market, and commanded to the distribute of goods produced scope for, trade overseas of hard metal yield as long as the matching interval plunged by 50%, and all turn to the in the household market, primary to oversupply of the in the household market; The charge is still the least since the end of last year spaces, and worse than the stage in 1994.

However, hard metal costs and yield over the matching interval last year, up 47.16 billion yuan weighed against to a forfeit of margin is not many, but a forfeit of only 20, accounting for 72 large and medium-sized enterprises for 34% of the steel and steel. Luo Bingsheng examination This is because the cost of goods produced over the matching interval have highly lessened the cost of hard metal plunged 350 yuan / ton. In augmentation to coking coal costs by 12%, the in the household ore costs plunged 44 out of 100, while deals plunged 26 out of 100 ore. As for the charge of coking coal costs, Luo Bingsheng adjudicator will be corrected downwards.

Although the decrease rate is not large, but the facts and numbers display that the decrease of a trend: The first two months decrease of 1.511 billion yuan, a month in March and come to 1.797 billion yuan loss.

It is comprehended that a decline in demand in the monetary critical purpose at the matching time, in the household hard metal goods produced scope for has to advance, effecting in a surplus of products. Domestic crude hard metal goods produced in the first quarter of 1.24744 billion tons, an advance of 1.74 million tons, and goods produced was getting higher month by month; the first quarter midpoint 1,416,000 tons of hard metal production. If this rate of goods produced in harmony with it, then this year will be 517 million tons of hard metal goods produced, will depart a long way past the extents of countrywide pointers for arranging this year 460 million tons.

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