Release of “Operation Analysis of Iron and Steel Industry in 2012 and Trend Prediction”
Release of “Operation Analysis of Iron and Steel Industry in 2012 and Trend Prediction” – On Feb. 26, 2013, the industry coordination division of the State Development and Reform Committee publishes this report, which reveals clearly that the iron and steel production worldwide increases at low rate and growth rate of Chinese iron and steel production drops down accompanied by descend of benefit. In the first quarter of 2013, the demand of iron and steel products may become better, but the situation of supply exceeding demand will still remain. Along with constantly increasing production cost, it would be quite difficult to realize low cost and high benefit. Furthermore, the foreign antidumping and anti subsidy investigation events with respect to Chinese iron and steel product surge together with increase of trade friction events. The steel product export will face more tough challenge (source: Times Weekly)
(Date：2013-04-16)
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