Compare the China steel and World Steel Situation

Data Shows that machinery industry will increase the amount of steel in China, along with China's economic recovery, China Steel industry will meet new chances. As we all known that the steel prices is able to be changed based on the different situation all over the world. According the July’s date, we can make a detail analytics about China steel market.

We know that in mid-August, Baosteel, Wuhan Iron and Steel and other steel mills raise September ex-factory price, August 20, Angang also will increase. Subsequently, Sha Steel, John Steel, transit, etc. is also full price, price increase of 30 yuan / ton. Steel price increases, indicating that orders started to improve, post-basic needs can be expected.

Perhaps because the reasons for the steel price increases, perhaps because of the post-market is very promising, steel trading business stocking also particularly active. According to statistics, last week's total inventory of steel community down 0.3 percent to 14.79 million tons, 6.207 million tons threaded stock fell 0.4% the previous week, down 1.5%; wire 1,379,000 tons increased 1.0% in the previous week, down 6.5%; rolled 4115000 t drop 1.3 percent, down 0.1 percent the previous week; cold 1,608,000 tons increased by 0.2%, down 1.8 percent the previous week; plate 1,481,000 tons increased by 1.3%, increasing 0.8% the previous week. Last week, the total amount of steel stocks fell significantly narrowed, which surprised us, which shows in order to prepare gold nine, steel trade has started stocking mode again.

Of course, there are some hot steel product, like angle iron, square tube, steel coil, H beam, ERW pipe, etc, their prices has a certain improvement. Sometimes, it is so key for us to get enough information about steel state in the world, which will help us make a wise decision, if you greatly need some steel, in my opinions, you can check the famous website-----SteelFromChina, which can provide you all kinds of latest steel news.

International Iron and Steel Association statistics show that in July 2013, the world's 64 major steel-producing countries and regions in crude steel production was 132 million tons, an increase of 2.7%, compared with 2011 growth of 3.9%.

July 27 EU crude steel production was 13.41 million tons, down 6% compared to 2011 decreased by 10.5%; CIS crude steel production was 9.15 million tons, down 0.2%, down 1.4% compared with 2011; North American crude steel production was 10.02 million tons, an increase of 0.1%, down 0.8% compared with 2011; South American crude steel production was 403 million tons, an increase of 2.7% compared to 2011 decreased by 5.5%; Asian crude steel production was 89.09 million tons, up an increase of 4.9%, compared with 2011 growth of 8.4%.

Therefore, it is possible for steel industry to get a little effective progress in Prices by the development of world economy. Like the professional steel site----SteelFromChina, which can find the latest steel prices information from China, via comparing the steel prices, we can find some rules about different steel products, like ERW pipe, steel Channel, angle iron, steel pipe, Galvanized steel, etc, Basing on these data, we can choose the best steel suppliers for us.

Chinese Steel Prices

Recently, the National Bureau of Statistics released the first half of the main indicators of economic data show that the first quarter GDP growth of 7.7% in the second quarter GDP growth of 7.5% in the first half growth rate of 7.6%. After the data release, triggering a stock market sharply higher, China steel prices have been rising trend, thus boosting the steel market activity. Construction steel, hot-rolled coil, cold rolled coil, plate and other steel prices rise.

June economic data has basically been out over, from a series of economic data, is still dominated by weak economic data is a period of time to the response of China's economic trends, weakening the data directly demonstrate China's economic growth is still slowing, while the downstream industry if it continues to weaken, then the demand for steel will also be difficult to release January-June of fixed asset investment continued to decline, with the lowest growth rate unchanged in 10 years, which indicates that China's economy has been facing greater pressure , and 7-8 months, the steel industry or always return season.

1-6 months of new projects with the previous month, thus, showing little change in the downstream industry this month, mainly with local remained "no stimulus" policies, although on June whether manufacturing or automotive industries, data have come down, but the outdoor new projects to maintain balance, which for the steel city, it has been regarded as a positive. However, the total investment of decline, it may affect the progress of these projects, the demand for steel has certain constraints.

For the steel industry, in June economic data remains weak, whether fixed asset investment, or GDP or export data, the trend has continued to decline, facing downstream industry downturn, it seems that China's steel industry is too optimistic. Because the latest data show that in June China's crude steel output of 64.66 million tons, an increase of 4.6%; monthly average daily crude steel production was 2.155 million tons, a decline of 0.3%, the fourth consecutive monthly decline, but still historically high. January-June total crude steel production was 389.87 million tons, an increase of 7.4% in the first half average daily crude steel production was 2.154 million tons, this level estimates annual crude steel production is expected to reach 786 million tons. Regardless of how the downstream industry, China's steel production will have a higher than normal interest, which is still weak economic data is concerned, it is not optimistic.

In general, the Chinese Steel prices can be easily affected by demotic policy, according to the latest date shows, China steel prices will get some rising in the next month. Like Galvanized steel, steel coil, angle iron, steel pipe, seamless pipe, etc, certainly, for square tube, because of the demand of market is bigger, its requirement is much bigger. 

The reasons of instability of steel prices

According to a recent market, the domestic steel market seems to have stabilized obvious signs of stabilization, the futures market has significantly improved, and the main reason is the estimated manufacturing PMI rebounded slightly, since the market bottomed steel plate two days phenomenon particularly evident. But even so, the downstream demand procurement still showed no obvious change, supply and demand pressures did not alleviate the Steel City, Steel City twist condition is not strong, so businesses are not optimistic attitude.

Steel market has been the downstream demand is flat light, season so, not to mention soon to enter the off-season. So, steel prices have been weaker, until recent date steel higher price very obvious mainstream city, the surrounding cities to follow suit to pull up, the market volume have rebounded, but this is only short-term stimulus act, end demand does not appear substantially upgraded .

In addition there was no substantial change for the better demand than the supply pressure, the Steel City is also no signs of improvement. Steel production enthusiasm is still high, from mid-May crude steel production statistics, the national average daily production of 2,185,400 tons of crude steel, the chain fell 0.35 percent in early May, but still living in historic times high. The May PMI index also showed iron steel industry production index for the month was 49.0 percent, up 4.1 percentage points rise. New orders index rebounded, which makes steel production activities are very active.

In addition, there is a very important factor, that is, raw materials market continued to decline. It is understood that this year, the iron ore market has been in a downward trend, steel procurement initiative suffered a heavy blow, there are also many mills intent to purchase select the sidelines, a further blow to market confidence. Platts index, the S & P futures rose 0.75 yesterday, is now 62% of Australian fine exponent $ 116.75 / ton. Tender price surge in imported ore mines significantly boost market confidence, so long since considered the iron ore market finally has a slight color, the market is bullish atmosphere is also strong, but now the price is still at a relatively low level, while the cost respects with the trend of steel prices have great relevance, raw material prices go up, which seriously hampered the cost steel prices upward, so as long as the market is still so raw materials decline, and that business confidence in the latter part of the Steel City will be significantly inadequate.

Generally speaking, the steel prices is affected by several different factors, as long as analytic the demand of all kinds of demand, we can make the wise decision about the future steel prices trend. In order to get latest prices of steel, like angle iron, hot rolled coil, galvanized steel, steel plate, H Beam, steel sheet, it is necessary for us to make a deep survey in China steel market.

The Current Economic Status Impacts China Steel Prices

Since the outbreak of the financial crisis in 2008, it continued to spread and deepen. The problem of a country's total steel consumption, it has a continuous. Currently, the global steel overcapacity problem is very serious, and want to excess capacity eliminated the need for many years. Excess capacity is a global problem, and is also an important factor in the steel trade-distorting. For China, could also be too large, steel prices cannot be sustained stabilization and recovery, the growth in demand for steel, even if it is a low-growth may not be able to bring about the growth of the steel, the profits from the products. The confidence comes from the steel consumption, industrialization prior to the completion of at least the next 10 years, should be a growth momentum was maintained, but must be a low-growth.

As the representative of the European and American countries, they are the center of consumption, the center of the capital output operation of so-called reform and innovation go too far, a bubble. Developing countries in the past ten years to become the world's manufacturing center in China, the cost advantage of developing countries to developed countries transport cheap goods, their consumption of transition. We export them out of the problem by the impact of exports and the corresponding affected many areas of production appeared excess. Get a lot of the profits of the assets mainly export-oriented country, by the original export. Brought them? Their own currency appreciation and undermine the international competitiveness of other industries in their own future appreciation when the three issues need to be adjusted, the adjustment process is a fairly lengthy process. China, for example, these years of us rely on the boosting of exports to GDP pulling now export problems, domestic demand needs people continued to increase revenue, improve spending power this form of adjustment is a long.

Steel industrialization support industry, secondary industry in the process of industrialization is the highest, the entire secondary industry in the national economy dominant process is the process of industrialization, industrialized secondary industry what is the construction industry and industrial composition. GDP growth in the process of industrialization first contributor is the second industry, the development of the secondary industry must bring consumption. Is the fastest per capita steel consumption in the industrialization process of the mid-to late industrialization must be from high growth to low growth. To a post-industrial society overall steel consumption will fall from the peak. It will continue to fall after a long time.

For steel situation in 2013, we believe that steel suppliers and production and consumption still have confidence, but we must fully understand that it is a low-growth, because the GDP in 2013 will this year. The tone of monetary easing should also be sustained. Especially a steady growth in new infrastructure projects will encourage investment to stabilize. After about 4-5 trillion out, especially the last two years on infrastructure, investment in fixed assets is highly controversial, but now look at the central government put forward, steady investment is an important measure of steady growth.

Generally speaking, it is a new year for Steel production in 2013, although, we also meet all kinds of problems, the economy of world is becoming better and there will be more good policy for Steel development in China, therefore, as long as we believe, whatever steel products like steel coil, steel pipe, steel sections, angle iron, ERW pipe, Galvanized Steel, etc, the prices will be proper level.

Affected by the relationship between supply and demand

Affected by the relationship between supply and demand, the steel prices always present fluctuation trends. Especially, in today's economic instability period, the price of steel shows more performance out of a lot of variables. China is a big country of the world's steel production and consumption, the situation of China Steel will have a big affect on world’s steel products and steel prices. The below will give some useful guide about top 5 steel products from China, It will help you to better predict the status quo of China's steel.

Angle Iron

Angle iron is a special angle steel, according to its features, the using of angle iron is very extensive. For example, it can be widely used in building structures and engineering structures. If you want to build a factory, build a new bridge, especially, construction of transmission towers, the angle iron plays so important role. In general, the angle steel can be divided into equal angles and unequal angles, which they have a wide range of uses.

Galvanized Steel Coil

We all know that galvanized steel coil has a great consumption in the world. Firstly, because steel coil is rendered as roll, it is so conveniently for storage and transportation. From a processing standpoint, the coil can easily perform various processing, such as it can be processed into a plate, strip, etc. Of course, galvanized steel coil, which has better performances than general coil, can be used with high-level requirements field, like shipbuilding, automobile manufacturing, made ​​the trains, the rail, a house built of reinforced-made steel bridge, etc.

Cold rolled coil

Comparing to hot rolled coil, cold rolled coil has superior mechanical properties, like cold rolled coil is more precise thickness, and the surface is smooth and beautiful. Because Cold rolled steel is steel after cold rolling production, original volume is relatively brittle and hard, and is not suitable for processing, usually cold rolled steel requirements before you can use after after annealing, pickling and smooth surface.

Galvanized steel sheet

The steel sheet is a plate-shaped steel, the kind of steel sheet is so many, With the development of science and technology and industrial materials, steel sheet put forward higher requirements, higher strength, resistance to high temperature, high pressure, low temperature resistance, corrosion resistance, wear and tear, as well as other special physical and chemical properties of the request, and so on. Especially, galvanized steel sheet has much better performances, now more and more fields begin to use it.

ERW pipe

ERW pipe is shorten from Electric Resistance Welding, this pipe plays a very important role in steel pipe of the world. Overall speaking, ERW Pipe can be used as agricultural irrigation, urban construction, and for the transport of liquids: water supply and drainage. For gas delivery with: gas, steam, liquefied petroleum gas. Used for structure: for piling pipe for bridges; piers, roads, buildings, structures with tubes. Especially, ERW pipe can be used to transport oil, natural gas and other vapor-liquid objects, to meet the high requirements of low pressure, occupies a pivotal position in the field of conveyor tube in the world.

Generally speaking, the above several steel products has a very wide using area, owing to different demand, we can choose the proper steel products, comparing to other counties steel, China steel has a greater advantage, specially, the steel prices can be proper.

The Latest Steel News Reviews from China

Due to the impact of the 2008 financial crisis, by certain obstacles to the economic development of the world, but from a global point of view, the economy is slowly getting better, most people are quite optimistic. Various countries have introduced a related program to stimulate economic development, increase investment in national infrastructure, to increase employment, help people to increase confidence in the economic recovery. Especially in Australia, Europe, and Asia. Therefore, the from steel demand side, demand of steel suppliers is still relatively large, but in the supply price might be relatively large fluctuations.

Terms of supply and price of Chinese steel, China steel import and export is still relatively active, although experienced several relatively large price fluctuations, the sudden appearance of the highest price, suddenly steel prices fell to a minimum value, but from now appears that the supply-demand relationship, or basically stabilized. Below to illustrate further, you will get more options to buy steel or more partners from different steel characteristics, based on the following information.

First of all, about features of galvanized steel, provide you with some introduction to help you better understand the characteristics of the galvanized steel. The galvanized steel applicable range of the welding parameters is small, due to the contact surface of low resistivity, low hardness, the low melting point of the zinc layer, so that the contact resistance is reduced, the current uneven field distribution, affect the formation and size of the nugget. Shorten the electrode life, due to the low melting point of zinc layer, the surface easy burning, alloy the contamination electrode formed on the electrode surface, easy to overheat and distort, reduce electrode life. Prone to welding splashes, affect the stability of the solder joint quality.

As far as the production and supply of galvanized steel, with the development of the domestic economy, especially in the automotive, appliance and construction industries, the demand for galvanized steel is greatly increased. And in the process, equipment, due to the continuous improvement of the technical level, has been made in the development of product variety. Of course, came out to meet the needs of China's economic construction and development, many Chinese steel mills have increased the intensity of the export, but also on product quality and price, compared to other countries of similar products and more advantage, so it has got the favorite of many countries, such as galvanized steel coil, cold rolled steel, hot rolled coil, etc.

Secondly, it is about angle iron, angle steel demand is very big, because it has features other steel products, angle iron applications is very wide, such as widely used in various building structures and engineering structures, such as beams, bridges, transmission tower, hoisting and transport machinery, ships, industrial furnace, reaction tower, container frame and warehouse shelves, etc.

For China's the angle iron supply and demand relationship for Chinese imports, exports Angle each a certain volume, mainly imported from Japan, and Western Europe. Exporting region is mainly to Hong Kong, Macao, Southeast Asia, Latin America and Arab countries. Export production enterprise mainly for the steel plant in Liaoning, Hebei, Beijing, Shanghai, Tianjin and other provinces and cities (rolling mills).

Of course, the above is a general instruction about different Chinese steel, Because China is regarded as a steel resource rich countries, and has a lot of advantages in steel production technology, so the steel price is quite reasonable to be accepted by many countries, Therefore, the procurement of steel from China is also a very good choice for lots of foreign enterprises, according to China's current policy, they can also get a lot of favorable conditions.

Getting Most Comprehensive Steel Information

The steel industry has hundreds of years history all over the world, following the quick development of high-tech, steel have divided into all kinds of styles to satisfy different demands for almost industry. Whatever China Steel or other countries steel suppliers, having formed a relatively mature industry chain. The below we will provide you some popular steel information to help you learn the latest steel products.

Firstly, I recommend you to know angle iron better. Commonly, angle iron is known as on both sides perpendicular to each other into a corner of the bar of steel. And it is divided into equal angles and unequal angles. According to the different structure needs, angle iron can compose of a variety of different force components, and also can be used for connections between the components. Certainly, angle iron is widely used in different building structures and engineering structures such as beams, bridges, transmission towers, hoisting and conveying machinery, ships, industrial furnace, reaction tower, container frame and warehouse shelves, etc. In addition, angle iron belongs to a simple section of carbon structural steel, which is mainly used for metal components and framework of the plant.

Secondly, there is a kind of vastly using steel----steel channel, which is a cross-section of the groove-shaped strip of steel. According to different categories, steel channel is divided into different styles, for example, via the different shape, it can be divided into four kinds: Cold equilateral channel, ranging from cold-formed side channel cold-formed Lipped Channels, cold-formed outer edge channel. And the applying of steel channel is widely, generally, it mainly used for building structure, vehicle manufacturers and other industrial structure, specially, steel channel can be used in conjunction with h beam.

Thirdly, Prepainted Steel is a special steel, which is made from cold rolled steel and galvanized steel with surface chemical treatment after coating or composite organic film, then bake curing. Therefore, prepainted steel not only owns the performance of steel material high mechanical strength and easy to shape, it also has good decorative coating materials and corrosion resistance. And it respected as today’s world new materials and get more and more wide using. Usually, prepainted steel is used in building, appliances, electrical and mechanical transport, indoor decoration, office furniture and other industries.

Finally, ERW Pipe just is Electric Resistance Welding, which is different from ordinary pipe welding process, and erw pipe is is made ​​by the parent material of the strip body melting, mechanical strength than the average pipe. Usually, ERW said resistance welding, resistance welding has high production efficiency, low cost, material saving, easy automation features, it is widely used in various industrial sectors of the aviation, aerospace, energy, electronics, automotive, light is important welding processa. And ERW Pipe is also used to transport oil, natural gas, to meet the high and low voltage requirements of the conveying pipe in the world sector accounts for a pivotal position.

Via the above some related steel product instruction, we can know that steel industry plays so important role in whole industry development. Although, now steel prices have great difference from before, the quality of steel is getting better, and all sorts of special steel products can satisfy more range demands.