'Golden nine silver ten' coming to slack steel demand season
by:Hongmei
2020-04-15
August industry, investment in fixed assets data, such as a significant slowdown.
1-2017
In August, the national investment in fixed assets (
Excluding farmers)
Year-on-year growth of 7.
Growth rate is 1, 8% -
Back in July 0.
5%;
Of which, the real estate development investment compared with the same nominal growth 7.
9%, growth and 1 -
Flat in July;
Infrastructure construction investment (
Contains no electricity)
Year-on-year growth of 19.
Growth rate is 1, 8% -
Back in July 1.
1%.
In September and from manufacturing to see have a better situation.
In August, the national industrial output compared with the actual growth 6.
0, 0%, from July declines.
4%.
China federation of logistics and purchasing, the National Bureau of Statistics service survey center released in September 2017 China manufacturing purchasing managers index (
PMI)
For 52.
4% from the previous month in 0.
7%.
After August, September, continue to improve manufacturing PMI index, stabilizing economic growth trend is clear.
At the moment is silver ten seasons, the northern parts of the weather turns cold, and up to four months in Beijing under the blue sky battle of the most severe shutdown after the release, tianjin, hebei, shandong, henan and other places also released measures, and implementing the shutdown is expected in October, demand is still difficult to have a big improvement.
To sum up, in September as a result of the coke prices higher, the cost of the late steel price support is still increased;
The inventory is recovered, but is still lower than the same period last year;
But in October because of cold weather in northern China and the site shutdown, the market will be difficult to present in supply and demand two prosperous scene, combined with market confidence is insufficient, the domestic steel market is expected to October or shock weakening.
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