Compare trends of Thailand Steel with China Steel

Via the current state of China steel, it can show, over the past 2-3 years, compared with the world market, Thailand's steel industry seems to render the situation contrarian growth, mainly due to domestic factors gained support, such as private and public construction projects to increase growth and Apartment Property. In addition, the use of steel as the main raw material industry good momentum of growth also provided some support, such as automobiles and parts industry.

First half of 2013, including domestic consumption and export growth, including the Thai steel industry situation is good, in the first four months of data show that steel consumption reached 6.53 million tons, an increase of 22.6% over the same period in 2012, growth accelerated to 9.0% , mainly due to the beginning of this year due to automobile manufacturing steel consumption increased significantly over last year and growing fast. Steel exports but also to achieve growth in 2013 January-April exports of steel and steel products valued at 81.496 billion baht, an increase of 3.4% from the same period last year accelerated to 61.9%.

For the second half of this year, domestic steel demand is mainly gained increasing support construction projects, especially in low-rise and high-rise residential real estate construction and government infrastructure projects. At the same time, pulling power from the car industry or weaken over the first half, the first car under the scheme due to non-delivery of the new car has been delivered to be completed. Dragged down by the automotive industry factors, steel consumption is likely to decline in the second half of this year, because in 2012 the first car in the second half of the automotive industry plan to stimulate the formation of high base effect. However, the research center is expected in 2013 KAITAI annual steel consumption in Thailand up to 1724-1786 tons, an increase of 3.75% -7.50%, compared with 12.2% in 2012, growth slowed.

In Thailand exports of steel and steel products, rest of the year from Australia to Thailand to cancel anti-dumping measures for steel products to get additional support, coupled with development projects in ASEAN countries, especially the construction of infrastructure increases, will lead Thailand to the above two an increase in the market value of steel exports. As the overall trading partner of Thailand's construction industry is in a growth phase, Kai Tai Research Center, believes the situation is Thailand's exports of iron and steel products to increase the value of the opportunity, the annual export value is expected to reach 2,505-2,660 billion baht, an increase of referrals at 13% -20%, although slower than last year's 43.6 percent, but still high growth.

There are some special steel products which have different prices between Thailand and China, however, as usual, like galvanized steel, galvalume steel, steel pipe, steel sections, square tube, rectangular tube, circular tube, etc, has a little more proper prices, therefore, you can choose them according to your requirement.

China Steel Market in Summer

Years later date, the decline in steel prices and off, add up close to a few months, the traditional peak season is not a surprise to the steel trading business, let alone immediately into the steel off-season, but also expect steel prices to have much pick up? According to the monitoring, as of the closing of the 19th, Beijing markets River steel two big spiral price of 3530 yuan / ton, unchanged from the previous day; Shanghai market Zhongtian two big spiral of 3490-3530 yuan / ton, compared with the previous was unchanged; Guangzhou market GISE, two big spiral 3630 yuan / ton, unchanged from the previous day. Shanghai market hot rolled closing price of 3530-3560 yuan / ton, unchanged from the previous day; the Tianjin market hot rolled closing price of 3460-3490 yuan / ton, compared with the previous day maintenance of stability; music hot rolled coil from the market closing price of 3610 - 3620 yuan / ton, compared with the previous day's low reduced.

Only a week last week, domestic steel prices fell 1.33% for the biggest weekly decline in two months, the steel futures continue to decline, a high level of crude steel production in the steel market supply and demand contradictions No mitigation background, steel trading business operation is still main dynasties library. According to statistics, the total inventory of steel community last week, down 3.3% to 19.064 million tons, threaded stock down 4.4% from 8.744 million tons, down 2.7% in the previous week; wire down 3.8% from 2.493 million tons, down 2.3% in the previous week; hot-rolled 4724000 ton, down 2.0%, by 0.002% in the previous week; cold-rolled down 0.9% from 1.631 million tons, down 0.1% in the previous week; plate down 3.0% from 1.473 million tons, down 1.3% in the previous week. At present, the intensified financial market volatility, market pessimistic attitude, brokers price to take the goods, it is estimated that the bottom of the market state can only continue.

However, recently about the steel part of the iron ore cargo to take back the market to sell the phenomenon is on the rise, which also increased the expected market indirectly cut steel, the steel industry back to the sale of iron ore, Leaving aside this group goods can not be sold in a timely manner, since the steel mills to sell out, it means that steel mills have decided not to the shipment into production, sold out, will increase the supply pressure of the iron ore market, resulting in mine further decline in price; sell, steel mills will they stagnation in the market, will not be used for production, so the speculation mills took the opportunity to have a willingness to cut is possible, but the amount of the cut would have little, it is difficult to say, it depends how poor steel market outlook is expected.

Although, the steel prices of China is in the lowest level this year, following the rising of economic development, the demand of all kinds of steel will be uplifted, like galvanized steel, ERW pipe, Steel coil, galvalume steel, Flat Bar, galvanized angle iron, etc. I do believe that China Steel enterprises must conquer this difficult age, and accomplish their goal of this year in 2013.

China Steel Prices Trends Analytics

According to the latest market report, in March, more than half of the release of the downstream demand is still "slow" trend of the ups and downs of China steel prices, will directly affect the the spot steel city merchant mentality.In the past week, the major varieties of steel spot prices generally fall varieties weekly decline in more than 1%, which showed a larger hot-rolled steel.

According to the analysis, in the steel sheet market, the price decline has deepened.According to the review of the professionals in the market, the current round of steel price decline continued to the present, the domestic plate prices have fallen for 15 trading days from late February. Baosteel Plate April ex-factory price increase, but the price movements in the spot market are not with the formation of a "synchronization" effect, pessimism spread. This is mainly due to the downstream demand the release of poor, the complexity of the mentality of buyers, the rising steel trading business under constant pressure, shipped arbitrage willingness. Hot rolled coil decline is even more evident, Shanghai, Hangzhou, Jinan price weekly decline in the 100-190 yuan. Upside down and spot market prices due to higher pricing of some of the leading steel mills factory, serious, even if the margin constraint, a loss of serious traders or no choice but to give up to continue the implementation of the procurement plan.

Steel raw material prices also fell overall. According to related reports provided by the relevant agencies, the continued strength of the iron ore market, and finally transferred to the accelerated downside track. Ore in the domestic market in Hebei iron concentrate prices continue to fall, a weekly decline, t price of $ 20, the steel mills purchasing more cautious maintain low inventory strategies, thinly traded market. Imported ore prices fell sharply, 63.5% grade Indian iron ore fines Quote $ 134.5 per ton, down $ 13.75 a week; Platts 62% grade iron ore index of $ 133.75 per ton, down $ 13.25 a week. The Mine City market outlook is expected or downward trend, most of the buyers have fewer choices procurement.

Many factors affecting the iron ore spot market. Bureau of Statistics data show that the first two months of China's average daily crude steel output was 2.1263 million tons, the highest of the highest level for the same period in history, a high level of crude steel production, a huge inventory of steel oversupply further exacerbate the contradictions for more pessimistic steel prices, coupled with the introduction of the property market regulation and control of the five countries ", again stir around the real estate market, and in turn have a negative impact on the steel industry. Beijing International Mining Exchange believes that the downstream industry the continued bearish conduction to the spot price of iron ore, triggered last week's rapid decline. Short term, this downward trend will continue.

Overall, the volatility of the steel market in China is still getting bigger, and now is the national series of policies and implementation of a critical period in the mechanism of state regulation, the China Iron and Steel must carry out reforms in order in the world steel occupy a more favorable market low. Whether it is a large demand for hot-rolled steel and cold-rolled steel, the demand for middle-level galvanized steel, aluminized steel, as well as a triangular steel, etc., and their prices will in a reasonable price range.

About Chinese steel industry profits

According to the latest statistics released by the General Administration of Customs, Chinese iron ore imports in November to 65.78 million tons, an increase of 9.35 million tons last month, setting a new high for the year. The face of the dependence of imported iron ore up to 60% of the current situation, "going out" of Chinese steel is becoming increasingly important to develop overseas mining rights. Before the National Development and Reform Commission, the Foreign Investment Department, Deputy Director Wang Jianjun said publicly that will increase policy support and development of enterprises' overseas iron ore development efforts.

Analysts said, In recent years, China's iron and steel industry has entered a period of steady development, the decline in iron ore demand growth, coupled with the rapid growth of the domestic ore imported ore alternative, since 2009 China's ironore imports growth is slowing down, prompting our dependence on imported ore to 60%, but still did not get rid of the fact that this long-standing dependence on imported.

Analysis. The data show that three quarters of the iron and steel industry profits down 84.1%, a decline from the previous quarter expanded 46.8 percent.The response in the industry is mainly concentrated in three areas. First, adjust the structure of the iron ore imports to ease reliance on the traditional three miners. On the other hand, the steel industry from top to bottom all want to compete for iron ore pricing right, the beginning of this year, China launched the iron ore spot trading platform, the iron ore futures are also in the pipeline.

Therefore, in accordance with the current situation, in the last month of 2012, the import and export of all kinds of steel will basically remain stable, such as stainless steel, galvanized steel and galvalume steel production and sales will not be too large fluctuations.

The data show that imported ore, less than 10% of China's mining interests. Steel Association had raised the target, the supply capacity of iron ore concentrate production for 2015 will be the total demand of less than 40% to about 45%; imported overseas iron ore concentrate, China's mining interests in imports the proportion of the total amount will be increased to 50% or more.

So, overall, the development of China's iron and steel space is still very large, especially in overseas expansion, of course, the domestic policy factors also affect the profits of China's steel, and is a critical factor. Because China steel prices advantage in international competition no longer has a dominant position, so only the continuous improvement of technology to improve the technological content of the iron and steel industry and steel, in order to gain advantage in the fierce competition in the status.

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.