The struggle of the steel industry
發(fā)布時(shí)間:[2018-3-4 16:58:5] 瀏覽量:5399次
When the economic positive energy has not been restored, the opposition can not solve the problem. In the final analysis, it is still a misfortune. Is it possible for the two dials to find a balance in such a difficult time?
EU: resistance to imported steel
Local time on February 15th, from EU countries at least 5000 steel workers held demonstrations in the Belgian capital Brussels, to protest the steel of cheap imports from Chinese, and warned EU leaders not to recognise Beijing's market economy status, to avoid causing more unemployed.
French finance minister medicine in February 16th to participate in the EU economic conference, his speech is called for the EU to Chinese the anti-dumping issues made clear, strong and widespread response.
In February 12th, the European Union decided to launch an anti-dumping investigation on China's seamless steel tube, angle steel channel steel H steel products exported to the European Union.
As early as last October, when the British steel industry was sluggish, its responsibility was pushed to China. At the beginning of February this year, France, Germany, Britain, Italy, Poland, Belgium and Luxemburg, seven members of the European Commission and the EU economy minister sent a letter to the Council, hoping to protect the European steel industry. Corporate employers and trade unions of the seven EU countries also respond to government action to resist the EU's recognition of China's market economic status.
It has been 15 years since China joined the WTO in 2001. The Agence France-Presse said the world trade organization should review China's accession to the WTO this year.
The steel industry from the 28 member countries of the European Union believes that if we recognize China's market economy status, it will allow more Chinese steel exports to the European Union, and tens of thousands of EU workers will lose their jobs.
The resistance to the import of type steel H steel for steel angle steel channel steel is not only staged in the European Union. Data show that since 2009, the scale of labor in the European steel industry has been reduced by 1/5, and steel demand is also 25% lower than that before the financial crisis in 2008. At the end of last year, the U. S. Department of Commerce announced plans to impose a 236% tariff on stainless steel imported from 5 Chinese companies.
China: the struggle of the iron and steel industry
However, it is unfair to blame China for all the global overproduction and the drop in steel prices.
In fact, China's steel industry is struggling. According to the data released by China Steel Association, at the end of 12 last year, the Steel Association CSPI China steel price index was 56.37 points, compared with the same period in the previous year, it dropped by 26.72 points, a decrease of 32.16%.
When interviewed by an international iron newspaper company in Hebei, the international finance daily found that many iron ore mines had been shut down for two years as the upstream enterprises in the iron and steel industry. The decline in steel prices caused many steel companies to lose money and resume production.
Almost all steel enterprises have taken "increase production" as an important way to increase efficiency. However, at the moment of the gradual decline in the efficiency of the iron and steel industry, most steel enterprises are the main way to increase the efficiency by "going to capacity" and "reducing the cost". Therefore, as far as the current situation is concerned, the possibility of a substantial increase in steel prices in the later period is almost zero.
In January 22nd the State Council executive meeting called for the elimination of backward production capacity of about 90000000 tons of steel in recent years, Yajian crude steel production capacity of 1 tons to 1.5 tons, strict control of new capacity. But industry experts said that the production capacity will accelerate this year, coupled with the European anti-dumping spoiler, will be more difficult Chinese industry's prospects. Bayi Iron and steel released the 2015 annual performance report in January 16th. During the reporting period, the company's loss reached 2 billion 500 million yuan, which will wear the "ST" hat and become the "loss king" in the steel industry.
Some analysts believe that the global economic performance is weak, and the demand for steel is decreasing. The increase of China's steel exports is bound to cause other countries to take trade protection measures to protect their steel industry.
