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    Steel Industry Is Expected To Rebound In The Second Half Of The Year

    2009/2/16 0:00:00 30

    "Recently, the measures adopted by the state and the provincial authorities are all very good, but there will be a pitional period for the specific projects from the approval, approval to start up. It will take some time for the steel industry to pull, and the recovery of the whole industry will be in the second half of this year."

    At the two session of the eleven National People's Congress of Shandong Province, the party secretary and chairman of Laigang Group Co., Ltd., said in an interview with reporters.


      

    Insiders said that the steel industry in 2009 was still grim, especially in the first quarter.

    First, the price of steel is still low, although it has picked up, the average price of 3700 yuan per ton makes many enterprises still in a state of loss.

    Two, many measures to stimulate domestic demand are very good, but these projects have a pitional period from project approval to approval, and the pulling effect in the first quarter will not be very obvious.

    Three, the negotiations on iron ore have not been conclusive until now. Everyone is watching and fighting.

    And because of the 300 thousand tons of coal mines in Shanxi, the coal supply was still in tension before April.

    The price of coal is rising and falling, and the cost of the steel industry is still increasing.

    For the current situation, the person in charge said, "it is not easy to say the benefits now. We can only say that losses are decreasing, demand is increasing and prices are getting warmer.

    Due to the significant ratio of construction materials to Laiwu Steel, the measures taken by the state to expand domestic demand are more obvious to Laigang.

    No accident, Laigang can return to profitability in the second quarter of this year.

    For the prospect of this year's situation, the person in charge said that in addition to the target of 8 billion 800 million yuan of profits and taxes by the Jiangsu Shagang Group, a private enterprise, the other big steelworks did not mention profits. They all ensured that they did not lose money and strive to make more profits.

    Speaking of Shandong iron and steel industry, the person in charge thinks that the integration of Shandong iron and Steel Group is the general trend and is conducive to the development of enterprises.

    First, after integration, we can solve the problem of repeated construction of enterprises in the province; the two is to solve the problem of disorderly competition of raw material procurement and product sales; and three, to raise the voice of Shandong iron and steel and increase the strength of investment expansion.

    Editor: vivi

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