What's Happening in
Chinese Steel
Market
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China sees all-round
overcapacity
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Chinese steel products,
excluding silicon steel, see net export in trades
-
Chinese steel mills to see
deficits or meager profit in the long run, with asset yield persistently low
-
Chinese steel mills shorten
ex-work price adjustment intervals
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Growing impact on Chinese
steel market from financial market
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A notable change, Chinese
mills are stepping up efforts to increase direct sales
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Bank lending restrictions and
high cost of funds are crucial
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China sees falling industrial
concentration and product homogenization, causing fierce competition
Operation Transition at
Private Steel Traders in China
Operation Transition at
State-Owned Steel Trading Companies in China
Operation Transition at
Chinese Steel Mills
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Sales operation modes at
Baosteel, Hebei Steel, Anshan Steel, Maanshan Steel, Benxi Steel, Wuhan
Steel, Shougang, Shandong Steel’s Jinan Steel, Shagang and others
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Analysis on above sales
operation modes
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Pros
and cons of mills’ efforts to step up direct sales.
Please feel free to contact Ms. Tina Tong should you
have any questions.
Tina
Tong (Ms)
Tel: 86-555-2238835
Mail: tina.tong@steelhome.cn
or steelhome2@hotmail.com |