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.

Latest China of steel prices trend

May the domestic construction steel prices market shocks, slightly down trend, domestic building materials prices rose and then fell, although some businesses eager to pull up, but the actual volume does not follow suit, there is no significant change in the overall market price. Due to the recent arrival of small local markets, the declining trend in the overall stock market. From key markets in Beijing, Shanghai and other places to price movements, basically are in a slight concussion running in the market, no significant increase in purchases in the case, the market is difficult to have better opportunities.

From the overall market trend, the domestic construction steel market in May than in April a slight decline. As of May 27, the domestic 25mm rebar price in 3555 yuan / ton, late last month down 56 yuan / ton; including Beijing 25mm price of 3520 yuan / ton, late last month fell 10 yuan / ton; Shanghai 18 - 25mm price of 3380 yuan / ton, late last month fell 100 yuan / ton; Guangzhou 18-25mm price of 3670 yuan / ton, late last month rose 20 yuan / ton; domestic 6.5mm high speed wire price in 3608 yuan / ton, late last month fell 37 yuan / ton, Beijing 6.5mm high speed wire prices in 3540 yuan / ton, unchanged from last month, Shanghai 6.5mm high speed wire price is 3390 yuan / ton, late last month fell 30 yuan / ton, Guangzhou price 3700 yuan / ton, late last month fell 10 yuan / ton.

According to the China Iron and Steel Industry Association, the latest data show that its member companies in early May crude steel output to 1.748 million tons, an increase of 2.71% mid-chain, the national estimate is 2,192,900 tons, an increase of 3.02% mid-chain. National crude steel output hit a late degrees with high caliber and less Bureau of Statistics announced in April the national crude steel output (2.188 million tons) high 05,000 tons, or 0.23 percent. In early May the national crude steel output rose a new direction since the second quarter of blast furnace production gradually into a relationship on track, but also with steel mills to increase production costs for the dilution of efforts related. In the absence of significant positive macro-policy side and demand-side effects of the rainy season by Southern backdrop, the high crude steel output will continue to put pressure on the market.

With the advent of June, most of the country all will enter the hot and rainy season, outdoor construction progress of the project will be greatly hindered, the steel city will officially usher in the season, coupled with the originally scheduled to be held in March about working conference on cities and towns because the reasons for planning a push again, the terminal needs significant volume expectations are not high, the market mentality and many more cautious bearish based, and although the national building social stock consecutive ten weeks continued to decline, but still compared to the same requirements relatively high, it is expected that the market "to the inventory, lower risk," will remain a major operation, building materials prices will continue to run in the bottom of the stage.

In summary, due to the recent bad policy side still prevail, and the market supply and demand is still there, the cost of late also continue to support efforts to weaken possible, coupled with volatile international economic situation, the risk of financial market volatility is still large , is expected in June domestic construction steel market prices will remain within a narrow range downward trend run, like Galvanized steel, galvalume steel, ERW Pipe, Galvanized angle iron, Prepainted Steel, etc, will keep stable stake.

Latest China Steel News in 2013

There is no doubt that 2012 is the last ten years, the most difficult year for the China steel industry, whether manufacturers or trading enterprises are facing tremendous pressure. Near the end of the year, the industry is looking forward to the upcoming 2013, however, the steel industry has entered a cyclical correction in the context of slow economic growth, China steel supply and demand will further exacerbate the coming year, the Steel City, I am afraid it is still hard to Sudden Impact.

For the real economy, especially the manufacturing sector ubiquitous overcapacity, big but not strong, domestic consumption, lack of motivation and other issues. China's economy is facing two problems of structural and cyclical adjustment, the GDP growth rate of about 7% to 8% will be the norm in the future.

The IMF and the World Bank have also lowered the global and China's economic growth is expected in the next two years. IMF to China's 2013 growth forecast down to 8.2%, 0.6 percentage points lower than at the beginning, the World Bank cut China's 2013 GDP growth to 8.1% from 8.6% previously expected.

It can be predicted that in 2013, China's economy will maintain slow growth, annual GDP growth rate is expected to be between 7.6% to 8%.

Comparing the 2012 steel suppliers, we can find the steel pipe and steel plate demand are larger, like ERW pipe, seamless pipes, hot rolled steel plate, cold rolled steel, etc. Besides, the steel coil always keeps a balance situation. Of course, for many industries, galvanized steel coil, hot rolled coil, cold rolled coil are playing key role for their production. We can believe these special steel coil will have a bigger supplying and demand.

Based on scale effect, reduce the pursuit of merger risk factors to consider, in recent years, China's steel production capacity is very considerable. According to statistics, this year plans to add 53 blast furnace, iron smelting capacity of about 70000000 tons, crude steel production capacity of 9.3 tons at present; in 2013, plans for additional iron smelting capacity of about 40000000 tons, then China's crude steel production capacity will reach 9.7 tons, 10 tons to close greatly approximation.

Considering the overall poor economic environment, the steel city is difficult to be a fundamental turn for the better, as well as the steel profit difficulties and other factors, the release of production capacity will be affected certainly, is expected in 2013 crude steel production in 7.3 tons ~7.4 tons, increase than 2012 2%~3%.

Since this year, domestic iron ore production capacity output grows steadily. ~9 in January, China's iron ore production reached 9.7 tons, grow 16.6% compared to the same period, predicting annual is expected to reach 15 tons. According to incomplete statistics, China new ore production capacity of more than 4.5 tons, and for many large mining projects, and belongs to the national or the local government encourages project, production capacity will be smooth release. Foreign mines, three mines in the vale of nearly 1 tons of capacity planning completed and put into production in 2013, Rio Tinto plans in 2013 production capacity reached 2 tons.

Based on the above analysis, the China steel industry overcapacity in the illness has reached the adjustment not stage, is expected next year, the main varieties of average steel prices will drop further down, the main varieties in 5% the left and right sides, low will be lower than this year, this year the high and flat or slightly low, whole year or emerged after the former high-low trend.

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.

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.