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ecosteel 2008-11-21 |
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metalbiz888 2008-11-18 |
CR plate market showed no indications of recovery with continuously price decline in recent days and merchants were pessimistic about later market. However, analysts predicted that the price decline of CR plate will probably not stop in a short period but will slow down and turn to be stable.
According to market research, price of CR plate in Shanghai kept decreasing last week, with the average decline at 200 Yuan per ton. This is the same with markets in other areas. For example, the price fell 150-200 Yuan per ton with one week in Hangzhou city and Jinan city. Besides, the price decline trend was so string that there seemed to be no indications of recovery with poor transactions and strong wait-and-see attitude. Merchants predicted that price decline will continue so they dared not to increase inventory as demands remained decreasing. Because market resources kept increasing, which intensified the contradiction between the supply and the demand, some analyst denoted. News from steel enterprises showed that CR plate inventory remained high which caused great pressure. Steel enterprises are eager to sell even at low prices to speed up inventory delivery, which affected spot price directly. For example, the current price of 1.0mm CR plate was only around 3,750-3,950 Yuan per ton in east China, down 150-300 Yuan per ton. It’s from chinametalbiz.com. chinametalbiz.com e-mail: info[at]chinametalbiz.com |
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metalbiz888 2008-11-18 |
With the approaching of the iron ore negotiation, it becomes expecting whether domestic steel enterprises could break through the restrictions from international iron ore giants. What worries steel industry is that under the circumstances of global economic slowdown, high-costs and low downstream demands, the potential risks and difficulties in profit making become intensified in steel industry. Therefore, the reorganization and industrial concentration of has become a new focus in steel industry.
Statistic data from China Iron and Steel Association (CISA) showed that in Jan.-Aug., production costs of domestic steel enterprises soared 60pc, while domestic steel prices started plunging since July with demand decline continued. By October, over 60pc of large and medium steel enterprises were in profit losses, while the deficit had reached 1.154 billion Yuan in Jan.-Sept. this year, 18.06 times up over the same period last year. As the steel production capacity exceeds that of the demand, steel enterprises with poor management will be forced to shut down or restructured and only by the reorganization with enterprises that have secured resources, advanced technology and equipment and stable market could they get rid of the eliminated destiny. An official from State-owned Assets Supervision and Administration Commission (SASCC) expressed the same opinion “The time for the survival of the fittest in steel industry has arrived. The reorganization by the government promoted little as steel industry was always in fine condition. But now the market will show its huge power.” From metalbiz.com www.chinametalbiz.com e-mail:info@chinametalbiz.com |
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sahilsingla 2008-11-16 |
i am an MBA student.I require help from anyone (mba students,manufacturers,traders).
I need information about the steel sector of india pertaining specifically to certain questions like : - • What is the concentration ratio of the industry? • Consider the nature of the competition in the industry - is there evidence of kinked demand curves, non-price competition, branding and so on? • Is there any evidence of collusion in the industry? • Is there a price leader in the market? • Is there evidence that abnormal profits exist in the industry? • What barriers to entry can you identify in the industry? • What evidence of interdependence exists in the industry? Please help me provide some information as soon as possible. ID:sahilsingla008@gmail.com Thanks, Sahil |
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javelez 2008-11-14 |
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metalbiz888 2008-11-10 |
With the approaching of the iron ore negotiation, it becomes expecting whether domestic steel enterprises could break through the restrictions from international iron ore giants. What worries steel industry is that under the circumstances of global economic slowdown, high-costs and low downstream demands, the potential risks and difficulties in profit making become intensified in steel industry. Therefore, the reorganization and industrial concentration of has become a new focus in steel industry.
Statistic data from China Iron and Steel Association (CISA) showed that in Jan.-Aug., production costs of domestic steel enterprises soared 60pc, while domestic steel prices started plunging since July with demand decline continued. By October, over 60pc of large and medium steel enterprises were in profit losses, while the deficit had reached 1.154 billion Yuan in Jan.-Sept. this year, 18.06 times up over the same period last year. As the steel production capacity exceeds that of the demand, steel enterprises with poor management will be forced to shut down or restructured and only by the reorganization with enterprises that have secured resources, advanced technology and equipment and stable market could they get rid of the eliminated destiny. An official from State-owned Assets Supervision and Administration Commission (SASCC) expressed the same opinion “The time for the survival of the fittest in steel industry has arrived. The reorganization by the government promoted little as steel industry was always in fine condition. But now the market will show its huge power.” From metalbiz.com www.chinametalbiz.com e-mail:info@chinametalbiz.com |
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pushkarajmetal 2008-11-08 |
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taner1 2008-11-06 |
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metalbiz888 2008-11-04 |
Hot-rolled coil price dropped once again after the National Day holiday affected by the sluggish downstream demand and price reduction of steelmills. The market price of hot-rolled coil in Shanghai rose to 5900 Yuan per ton in early July from 4700Yuan per ton in the beginning of this year then dropped significantly later and dropped all the way to 3200 Yuan per ton in middle Oct, dropped by 45 percent. The price predicted to rebound in Nov. It is predicted hot-rolled coil price reached to its lowest at present and it is not likely to drop further later, but it takes long time for steelmills to digest its huge inventory. Therefore, hot-rolled coil price will only to rebound in short period and will be seeking price balance for Nov. It’s from ChinaMetalBiz.com. www.chinametalbiz.com e-mail:info@chinametalbiz.com |
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skura 2008-11-03 |
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