日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Tools: Save | Print | E-mail | Most Read
China's Steel Industry to Grow Slower
Adjust font size:

China's steel industry, which enjoyed robust growth over the past years, is expected to see a slower growth pace in the next few years, Chinese industry analysts predicted.

The analysts here made the forecast based on China's continuous macro control policies which aimed to rein in the country's overheated economy, predicting that China's fixed assets investment would unlikely surpass the 29.8 percent growth rate achieved in the first half of this year in the coming few years.

The possible slowing fixed assets investment means that the country's demand for steel would enter a ""slow-growth" period, and the nation's steel consumption is likely to drop below 10 percent, compared with record 25.7 percent in 2003 and 10.7 percent in 2004, said the analysts.

The pessimistic prospect was made despite the fact that China's crude steel output hit 37.68 million tons in October, up 18 percent from the same month last year, according to the latest data

The country's pig iron output grew 19.2 percent to 36.15 million tons in October, while the steel output reached 41.59 million tons, up 23.4 percent.

At the same time, China's crude steel consumption grew 4.59 percent in October to 33.73 million tons, and the steel consumption increased by 16.99 percent to 38.73 million tons last month.

Latest statistics from the National Bureau of Statistics showed the prices of steel and wire dropped month on month by 4.1 percent and 0.2 percent respectively in October.

The price of hot-rolled steel fell by around 150 yuan per ton, according to Xu Xiangchun, a source with the Lange Steel website.

Besides, the analysts warned that China's booming steel exports would retroact once other countries impose anti-dumping measures against China's steel products.

But analyst Zhou Xizeng said the anti-dumping measures will not affect China's steel export in the long run because Chinese steel products are competitive on the international market in terms of production cost.

(Xinhua News Agency November 18, 2006)

Tools: Save | Print | E-mail | Most Read

Related Stories
Baotou Steel Plans Asset Purchase
Steelmakers Get Ready to Go Global
Steelmakers May Gain from Iron Ore Price Drop
Steel Exports See Blistering Growth
Int'l Iron Ore Prices Set to Fall in 2007
Iron Ore Traders 'to Join Contract Talks'
Growth of Iron Ore Imports Slows down

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
主站蜘蛛池模板: 蒙阴县| 华阴市| 环江| 万山特区| 桦南县| 湖口县| 沙雅县| 双牌县| 平乡县| 苍山县| 大庆市| 鄂伦春自治旗| 二手房| 福安市| 辽源市| 会宁县| 沙田区| 梧州市| 射阳县| 澜沧| 汝南县| 介休市| 云梦县| 佛教| 无棣县| 托克逊县| 酒泉市| 黄山市| 永顺县| 镇康县| 梁河县| 于都县| 灵宝市| 德安县| 隆尧县| 八宿县| 漳平市| 疏勒县| 梅河口市| 永和县| 双峰县|