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Compare the China steel and World Steel Situation by sunsbob clinton

Article Author Biography
Compare the China steel and World Steel Situation by
Article Posted: 09/05/2013
Article Views: 117
Articles Written: 59
Word Count: 551
Article Votes: 1
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Compare the China steel and World Steel Situation

Business,Business News,Business Opportunities
Data Shows that machinery industry will increase the amount of steel in China, along with China's economic recovery, China steel industry will meet new chances. As we all known that the steel prices is able to be changed based on the different situation all over the world. According the July’s date, we can make a detail analytics about China steel market.

We know that in mid-August, Baosteel, Wuhan Iron and Steel and other steel mills raise September ex-factory price, August 20, Angang also will increase. Subsequently, Sha Steel, John Steel, transit, etc. is also full price, price increase of 30 yuan / ton. Steel price increases, indicating that orders started to improve, post-basic needs can be expected.

Perhaps because the reasons for the steel price increases, perhaps because of the post-market is very promising, steel trading business stocking also particularly active. According to statistics, last week's total inventory of steel community down 0.3 percent to 14.79 million tons, 6.207 million tons threaded stock fell 0.4% the previous week, down 1.5%; wire 1,379,000 tons increased 1.0% in the previous week, down 6.5%; rolled 4115000 t drop 1.3 percent, down 0.1 percent the previous week; cold 1,608,000 tons increased by 0.2%, down 1.8 percent the previous week; plate 1,481,000 tons increased by 1.3%, increasing 0.8% the previous week. Last week, the total amount of steel stocks fell significantly narrowed, which surprised us, which shows in order to prepare gold nine, steel trade has started stocking mode again.

Of course, there are some hot steel product, like angle iron , square tube, steel coil, H beam, ERW pipe, etc, their prices has a certain improvement. Sometimes, it is so key for us to get enough information about steel state in the world, which will help us make a wise decision, if you greatly need some steel, in my opinions, you can check the famous website-----SteelFromChina, which can provide you all kinds of latest steel news.

International Iron and Steel Association statistics show that in July 2013, the world's 64 major steel-producing countries and regions in crude steel production was 132 million tons, an increase of 2.7%, compared with 2011 growth of 3.9%.

July 27 EU crude steel production was 13.41 million tons, down 6% compared to 2011 decreased by 10.5%; CIS crude steel production was 9.15 million tons, down 0.2%, down 1.4% compared with 2011; North American crude steel production was 10.02 million tons, an increase of 0.1%, down 0.8% compared with 2011; South American crude steel production was 403 million tons, an increase of 2.7% compared to 2011 decreased by 5.5%; Asian crude steel production was 89.09 million tons, up an increase of 4.9%, compared with 2011 growth of 8.4%.

Therefore, it is possible for steel industry to get a little effective progress in Prices by the development of world economy. Like the professional steel site----SteelFromChina, which can find the latest steel prices information from China, via comparing the steel prices, we can find some rules about different steel products, like ERW pipe , steel Channel, angle iron, steel pipe, Galvanized steel, etc, Basing on these data, we can choose the best steel suppliers for us.

Related Articles - China steel, angle iron, ERW pipe,

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