Hebei production of discontinued steel mills in succession

Source: Internet
Author: User
Keywords Re-production discontinued successive
After more than 20 days of production, the steel town of southern Hebei province-Wuan Steel Plant 27th began a comprehensive recovery. According to the Chinese Securities News reporter, after the recovery of local steel production capacity is still not fully released, the local government to iron and steel enterprises to impose power rationing measures, 30%-50%, and this policy will continue at least until the end of this year. Wuan Local steel Mills said the power rationing will continue to affect the supply of steel.  Analysts also believe that, in view of the autumn construction needs of the real, future steel prices will not be too much affected by the recovery factor, will show a steady slightly upward trend. Rehabilitation "From Monday onwards, we resumed production." "Wuan, a local private steel company, said that, since 25th, some local steel enterprises with their own power plants began to be Wuan, until 27th, almost all the steel companies in the area began to do rehabilitation preparations. This coincides with the deadline of more than 20 days before the Wuan government's shutdown.  According to the previous report of the China Securities newspaper, September 4, Wuan issued a notice, requested 18 steel mills in the area of blast furnace, rolling production line in 5th before 0 o'clock all shut down, the closing time is tentatively scheduled for 20 days to 1 months. However, the recovery is not entirely conditional. It is understood that Wuan local steel mills are still executing 30%-50% range of power rationing. "The government to the steel mills of the power rationing is different, according to the ranking, ranking high power rationing is small, lower the level of power rationing is large." "Steel mills in the mouth refers to the ranking refers to the Wuan government for the area of steel mills do a overall ranking."  No firm understands the basis of this ranking, only know the rank main reference unit electricity consumption profit, unit electricity consumption emission and so on several indicators; In addition, the implementation of the "Stop Order" in early September is also included in the ranking of the reference, according to the company's words is--obedient enterprise rankings will rely on the former. It is understood that in the 3 months before the end of the year, the entire Wuan will be in the area of steel to implement 30%-50% of power rationing.  By the end of 2009, a total of nearly 20 million tonnes of steel production capacity in the Wuan region, 30%-50% of the "power rationing" means that the quarter will affect the Wuan local 2 million tons of crude iron production capacity release. Another note, the steel industry under the "ruthless Hand" Tangshan also began to restore the production of steel.  According to Tangshan Bao industry group insiders revealed that more than 95% of Tangshan steel mills have resumed production, in Tangshan small steel mills glut of the rich area, "a lot of steel has been restored production" has been an open secret. Complex production of steel price trend although Wuan local iron and steel enterprises, because the production still exists, so the formation of the supply gap will continue to support steel prices, but in recent days the trend of steel market appears to be limited to the implementation of the production is not determined and gradually recovery of the understanding in order to "bad".  Rebar Main and contract prices since 13th consecutive downward, 27th close to 4258 yuan/ton, compared to the limited news after the high level of 4547 yuan/ton, down 6.36%. Look at the spot againMarket, consumer side wait-and-see atmosphere is still strong, the market generally reflects difficult to ship. Since the Mid-Autumn festival, many domestic steel mills have cut steel factory prices, steel mills, the price cut directly led to the spot market price decline. Among them, Hebei Iron and Steel released the latest settlement price will be rebar settlement price reduction of 100 yuan/ton, wire settlement price cut 50 yuan/ton.  According to my steel network statistics, 26th, the country's 24 major cities, the average price of steel rebar 4303 yuan/ton, compared to the previous day, the price fell 12 yuan/ton, of which, east China, South China, central China, northeast, northwest part of the city prices fell. Wangguoqing, a steel analyst at Lange, said the fall in continuous steel prices was actually a rational return to the boom in steel prices at the start of the "restraining order" (early September).  In her view, today's Wuan, although the supply of the market will increase, but in view of the fall construction demand has not disappeared, downstream capacity to accept the increase in production. Wangguoqing predicted that the recent steel price trend is likely to maintain a slight upward trend, unless the artificial speculation, otherwise, will not be caused by the production of steel market again tumbled.
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