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分类: Delphi

2012-05-02 15:35:52

Global steel industry future is in blank in 2012

Recently, the situation that the steel production is reducing, some analysts declared, shows that the steel industry is faced with a more complex situation. Not only in China, the global steel industry must be faced with these problems. It is understood that the primary problem of the global steel industry, is the slowdown in world economic growth restrains the increase demand for steel. The world economic situation still exists much uncertainty in 2012. Therefore, the steel industry is confronted with a more complicated situation.
It has reached a consensus to slow down economic growth for developed countries that undergo sovereign debt crisis. Although the major emerging market economy maintained relatively good growth situation, the inflationary pressures has raised and the risk of economic hard landing increased. In the summary of the "World Economic Outlook," the IMF pointed out the global economy has entered a new but dangerous phase, however, the downside of the world economy will transformed into the factors that influence future demand of the global steel market.
There are also some optimistic experts held a different view. They put forward some ideas that full of confident. For example, they think that the coarse steel price is likely to higher after low, because it will be supported by the cost of raw materials. They believe that in the second half of 2012, the global steel production will be bounced again and the price will show upward trend in the whole year.  Global crude steel production is expected to exceed 1.5 billion tons in 2011 and towards the high development of 1.6 billion tons. On the other hand, the situation will not radically change that the price of global steel raw material, such as continued high iron ore will keep high. It will become the anchor of steel prices difficult to sustain the downward trend. The rise of prices from bottom is worthy of waiting.
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