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steel in china

Hits:  UpdateTime:2015-12-14 15:18:20  【Printing】  【Close

induction melting furnaces China's steel industry over "golden 10 years", the current Chinese steel industry has entered a "winter", steel consumption decreased, the obvious contradiction of supply exceeding demand, fierce cut-throat competition, falling prices, industry losses. Although two weeks ago, news that iron ore prices have fallen to a new low, but analysts pointed out that there was iron ore prices fell profitable steel enterprises had no effect, not only reduced losses and losses. electric furnaces


Faced with falling demand, overcapacity, price downturn multiple pressures, iron and steel enterprises are still tough winter this year.


However, steel prices, the "cut costs" really hard. 2016 Chinese real estate market as a whole is still in a state of oversupply, excessive investment, excessive stock industry will continue to be a major contradiction, new housing construction area and completion of the area will continue to negative growth. However, the railway investment scale unabated, urban infrastructure nationwide scale urban rail transit construction, electricity, water, gas will remain as the representative of an increasing trend. Metallurgical Industry Planning Research Institute expects 2016 steel consumption in the construction industry is 350 million tons, down 2.8%.electric furnaces


ron and steel industry downturn also led directly to the Chinese circuit electric furnaces manufacturing sales, and now most of China's Semiconductor Manufacturing companies are caught in a difficult situation, it is necessary to export the traditional advantages of growth again to solve this urgent needs, in order to help businesses overcome obstacles.

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