Last Sunday, coking enterprises in Shanxi Province 8 and the North China's seven steel companies gathered in Beijing to hold coordination meeting market analysis, and agreed on the domestic coke guidance prices in November, 1,600 yuan per tonne tentatively, that a price higher than the current market price, will help reduce the loss of coking enterprises in Shanxi Province, to restore the loss and overcome difficulties. It is understood that this is the first time by the coke and steel industries jointly developed in consultation with the two coke price guidance pricing.
In August this year, the average market price of coke is 3,000 yuan / ton, but 3 months of the circumstances, the price of coke through a "cut" the fate of this month, Linfen of a metallurgical coke has less to offer 1400-1500 yuan / ton. This downstream iron and steel enterprises purchases are directly related to atrophy. The iron and steel compression purchases reason is because of lack of demand for iron and steel market. "Well, we and the iron and steel enterprises is a line of Grasshopper, a to die, not better than another." Shanxi Coke Group, an informed source said.
This reason, the coke and steel companies this business, "a loser" was the first time together to sit down together to discuss pricing issues. Meeting, both sides of the current market situation and market guidance prices were consulted, their purpose is to develop an affordable price to both sides, does not cause one of them turning into a difficult predicament. The consultation developed in November 1600 yuan / ton guidance prices for coking companies to reduce losses, to restore the losses of great significance to ride out the storm. "It was a very powerful argument, but the final outcome is encouraging." Shanxi Coke Group 1 participants say.
The meeting also decided to promote the "Steel coke Union" high-level meeting between the leadership of each quarter, analyze the market situation, to communicate important issues, coordination of overall supply and demand; both the supply and marketing departments in charge of the leadership and the leadership of the monthly meetings, consultations, development of coke market, market guidance prices. Their enterprises to the market under the guidance prices of coke market, early in the month, combined with the quality of coke, coke settlement signed purchase and sales contracts and other factors.
Participate in this coordination will all come from Shanxi coke enterprises, including the Shanxi Coke Group, Shanxi Coking Group, Taiyuan Coal Gasification Group, eight in the province, including coke industry key enterprises will all be present; iron and steel enterprises, including Shougang Group, Handan Iron and Steel, Hebei Iron and Steel Group, Tianjin Steel in North China, including seven steel companies are in the present list.
This, Taiyuan University of Technology economics professor Yao-Wen Xue believes that the current coke enterprises have very urgent demand of payment, while iron and steel enterprises in the industry relative excess capacity situation, the appropriate price of raw materials needed to reduce production costs. Union approach, while not in line with market rules, but as a move to tide over the crisis, it should be affirmed. I am Mp3 Player Manufacturers writer, reports some information about pakistani salwar kameez , pakistani designers.
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