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geovany soto embroidered blue jersey - China's Ministry of Industry and Information Technology-related materials to the 3rd Division in the second session of China Steel Logistics Cooperation Forum, said China's steel industry is facing businesses large cut, industry-wide losses, a significant increase in inventory, costs and prices in the four inverted aspects of the difficulties, the new changes for the industry trends, should be taken to tapping the potential synergies, production and demand converge to support the technological transformation of enterprises and other measures to cope with.

????China's Ministry of Industry and Information Technology Division inspector Jia Yinsong raw materials, said China's steel industry production growth fell sharply, businesses large cut, by 2008 only 11 per month of steel by 2.6% year on year, down 14.2 percent increase . In early November, the average daily production level compared with June, a decrease of 31.5%.

????Steel prices dropped sharply, the industry losses. Compared with June 2008, the current representative of the general line of standard 6.5 mm average price down 40.6%; 2.75 mm gauge hot rolled coil average price decline was as geovany soto embroidered blue jersey high as 43.9%. October 2008, the industry has reached 59% loss.

????A significant increase in the steel industry stocks, cash flow problems. As prices continue to fall, demand plummeted, leading to a sharp increase in finished goods inventories, end of 2008, 9, the amount of steel iron and steel stocks rose 45%. Currently there are ports and iron and steel enterprises imported 120 million tons of high iron ore inventories, the average price of 110 U.S. dollars per ton, higher than the current price of 40 dollars. October 2008, focusing on steel prices and accounts payable accounts receivable balances balances grew 42.6% and 50.1%.

????Difficult to digest as high ore, geovany soto embroidered blue jersey iron and steel industry upside down costs and prices. Although the domestic raw material and fuel prices, but large-scale backbone enterprises of iron and steel raw material and fuel stocks purchased at high prices relative to adequate short-term is difficult to digest. In addition, imports of iron ore mining 60% for long-term agreement, the basic holding of large steel companies, large steel enterprises in the signing of a long association mining, while also signing a long co-transport prices. Brazil is mine, mine sea freight Australia were the highest in the first half of 2008 has been 108 U.S. dollars and 51 dollars per ton to the current eight U.S. dollars and 4 dollars, and a long association tariffs were 22 dollars and 11 U.S. dollars.

????Jia Yinsong, said the steel industry has been the emergence of new industry trends change, mainly in the global decline in steel demand, Chinese steel exports blocked, significantly reduced domestic demand in China, show the consequences of overcapacity, lack of market rules, leading to non-standard competition. For these changes, the steel industry should Caiqucuoshi cope with this 包括: deepening tapping the potential synergies, to reduce production costs; to strengthen industry self-discipline, standardize the market order; according to market demand 实行 Chanxu convergence; Weirao key construction projects to adjust Chanpin Jishi structure, speed up industrial restructuring, and actively support the technological transformation of enterprises, increase the heat recovery, low-grade refractory ore development, etc. to promote energy saving and comprehensive geovany soto embroidered blue jersey utilization of resources support for the project.