Wisco's steel price was slashed July yesterday

After Baosteel, 9th, with the industry giants Wisco and Angang also invariably issued the July steel product sales price policy: Among them, wisco various types of steel 300-600 yuan/ton range, Angang 350-700 yuan/ton range. It is noteworthy that, like Baosteel, Wisco and Anshan iron and steel plate price drop is also "leading the Tide": Wisco's car plate down to 1200 yuan/ton, Angang is a fierce drop of 1000 yuan/ton.　　In this regard, the industry believes that the iron and steel industry, the three major car plates, a series of sharp price reductions, not only the early car board profit space for the larger reason, but also means that, with the car companies to shrink orders, the major steel mills are forced through the price war to squeeze other competitors. Wisco, Angang July prices fell sharply with the big steel mills in the three-quarter profit worries as before the market forecast, in Baosteel July various types of steel products 300-500/ton, the other domestic big steel mills also followed by a sharp decline.　　And from Wisco and Anshan on 9th, the July price policy to see, in the price range, the major steel mills are also relatively close. Wisco issued the July price policy shows: June 2010 Steel Product sales price based on the company's hot-rolled and wire cut 300 yuan/ton, rolled plate, tin, no oriented silicon steel cut 500 yuan/ton; galvanized down 600 yuan/ton.　　The biggest price reduction is cold-rolled products, of which, the general cold down 600 yuan/ton, DC03 cut 800 yuan/ton, DC04 above cut 1200 yuan/ton.　　In the July price of Angang, the price of color coating fell 300 yuan/ton; the price of hot-rolled and wire reduction is 400 yuan/ton, galvanized, aluminum-plated 500 yuan/ton; Silicon steel to maintain the June price unchanged, while in cold-rolled products, cooling down 700 yuan/ton, deep Red Series cut 1000 yuan/ton. A steel Price "fall", the other side iron ore costs are still high, the industry generally believe that steel mills three quarters of the day will be very difficult.　　At the Global Green Economic Summit on 8th, Lejiang, Baosteel's chairman, also admitted that the "attack" of the upper and lower reaches of Chinese steelmakers made the three quarter the toughest period of the year, and that some mills would opt to cut production as the situation changed.　　Car plate price war opened the curtain despite the price of various types of steel products, but the Big three car plate drop still let the attention of all parties. Ping An iron and steel analyst Wu Peiwen in the 9th interview, said that the cold rolling products in Wisco DC03 and DC04 are used to produce automobiles, especially DC04, "characterized by low carbon, can be deep blunt, often used to produce cars", Angang High quality automobile plate series also includes the If steel as the representative of the Deep stamping series cold rolling products.　　In accordance with the latest price policy of Wisco and Angang in July, the price of Wisco DC04 above is down to 1200 yuan/ton, and Angang deep-punching series has a fierce price reduction of 1000 yuan/ton. "This on the one hand shows that the car board before the major steel mills are the most profitable varieties." "9th,"My Steel Network," analyst Zhang Tiaishan, said in a newspaper reporter, "On the other hand, it can be said to be a business policy."　　He pointed out that the future of the car plate price war will be more and more fierce, especially when the market is bad.　　According to the Chinese Automobile Industry Association statistics, April, the National car production, sales have reached 1.56 million units, year-on-year growth of 34.6% and 34.4%, the chain fell back 9.85% and 10.37% respectively. "The state is adjusting the structure, the real estate is facing regulation, although the car, home appliance policy has not changed, but two years of high growth has begun to appear consumption fatigue." Lejiang, Baosteel's chairman, said 8th, "The basic money has been bought, not to buy is still saving money." Wu Pei Wen also believes that the price of the car plate between the major steel mills has been opened. "Car production growth has fallen, market capacity is stable after the price war." ”