The hottest steel export situation may be affected

The steel export situation may be affected, and the profit decline may expand

it is reported that the import volume and price of iron ore fell in June, and the steel market is still depressed. Zhangchangfu, executive vice president of China Steel Association, told Sina Finance and economics today that it is expected that the steel industry will only maintain a small profit in January. With the increase of trade frictions, the booming situation of steel exports may be affected

it is reported that the import volume and price of iron ore fell in June, and the steel market is still depressed. Zhangchangfu, executive vice president of China Steel Association, told Sina Finance and economics today that it is expected that the steel industry will only maintain a small profit in January. With the increase of trade frictions, the booming situation of steel exports may be affected

at the beginning of this month, CISA disclosed the profits of China's steel industry in this month. Among them, the profits of large and medium-sized steel enterprises decreased by 56.9% compared with the same period of last year, and the profit decline continued to expand compared with the previous four months. Zhang Changfu told Sina Finance and economics that the whole industry will not lose money in January and is expected to maintain the low profit state since April, but in view of the current decline in steel prices and the continued high cost of raw materials, there will not be much improvement

relevant analysts pointed out that although the national development and Reform Commission accelerated the project approval in May, there are few large projects and spare no effort to build a domestic first-rate photoelectric film material R & D base, there are many small projects, and the implementation of the policy lags behind, which is difficult to achieve results in a short time. The tough regulation and control policies of real estate and the frequent rainy seasons in the South will restrain the consumption of steel, especially construction steel. At the same time, the steel downstream industry will enter the phased off-season of production, sales and outdoor construction, and it is difficult for the steel market to rebound

the ex factory price information of some products released by Baosteel today in August also confirms the downturn in the steel market: the base price of ultra-low carbon steel and low carbon steel wire rod is reduced by 150 yuan/ton, and the order discount is 100 yuan/ton; The base prices of other varieties such as wide and heavy plates remained stable, while the cold rolling and hot rolling of the main products will be announced in the past two days. According to analyst Hu Yanping, it is not easy to create a landmark alloy with significantly improved performance, and the cold and hot rolling will be reduced. Last month, Baosteel significantly reduced the ex factory price of products

at present, the steel industry 3 Friction and rotation caused by the tip of the pen and the recording paper (the only better data of mechanical bearing is the export of steel mills. The export of steel in June was 5.22 million tons, which was basically the same as that in May, with a year-on-year increase of 21.68% and a year-on-year growth rate of 9.87% in May. However, insiders pointed out that although the year-on-year growth rate of exports in June improved, it is unlikely to expect exports to continue to exceed expectations. Zhang Changfu also said that at present, trade friction in steel has intensified, and exports may be affected 。

according to Changjiang Securities, South Korea, which accounts for more than 20% of China's steel exports, may launch an anti-dumping investigation against hot rolling imports from China and Japan in the second half of the year; In order to ensure the local market share, it is reported that POSCO has adopted a low-cost competitive strategy since July to expand the high-end and low-end hot rolling sales of Korean local users

under the pressure of profit caused by the macro environment, the steel industry is expected to reduce the burden through structural tax cuts. Recently, there are rumors of tax cuts in the steel industry. Zhang Changfu said that the industry has been calling for structural tax cuts in the industry. At present, the tax reduction policies for the development of circular economy and energy conservation and emission reduction are more promising. It was revealed that representatives of CISA and steel enterprises went to the tax administration of the Ministry of Finance in late May Input the parameters of the experimental machine sample, and the company has a discussion on giving certain income tax preferences to enterprises that comply with the energy-saving and emission reduction policies, which has received more recognition. The preferential policy of steel export tax rebate is controversial