RSSNewsletterSiteMapFeedback

Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Metals Tools: Save | Print | E-mail | Most Read | Comment
Steel industry may see inflexion next year
Adjust font size:

Facing fiercer competition and structural adjustment, China's steel industry will probably change course next year, said Huang Tianwen, president of Sinosteel Corporation, at yesterday's World Shipping (China) Summit, according to the China Securities News.

 

The impact from the United States' subprime credit crisis is still felt, and the Chinese government as a result may resort to further fiscal measures next year, in an effort to eliminate risks stemming from excessive liquidity, said Huang.

 

Meanwhile, growth in steel output and fixed asset investment slowed from 2005's rates in response to shrinking demand for steel.

 

Although newly proven reserves of iron mines rise year after year, illegal small mines are depleted and the yield and quality of traditional mines drop. This constrains the potential steel output capacity from improving significantly.

 

Australia, Brazil, and India are still the world's major iron suppliers. Bhpbilliton and RioTinto from Australia, together with Companhia Vale do Rio Doce from Brazil, control 70 percent in shipping the iron mine.

 

When China's iron mine import growth accounts 80 percent of the world total, raw material price fluctuations and soaring shipping cost could force China's steel industry into a precarious position, Huang noted.

 

(Chinadaily.com.cn November 2, 2007)

 

Tools: Save | Print | E-mail | Most Read

Comment
Username   Password   Anonymous
 
China Archives
Related >>
- Crude steel output to reach 480 mln tons
- Chinese steel products face EU anti-dumping complaints
- EU steelmakers set to file China dumping complaint
Most Viewed >>
-China set to hit the brakes on rising yuan
-Power to resume shortly in worst-hit area by snow
-Macao's gaming market expands further
-Online operators are on top of the game
-Insurance firms set to stump up billions

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright ? China.org.cn. All Rights Reserved E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號

主站蜘蛛池模板: 两个人看的www视频日本| 日本老妇人乱xxy| 日本一区视频在线播放| 女人扒开腿让男人桶个爽| 国产精品大片天天看片| 四虎澳门永久8848在线影院| 亚洲色欲色欲www| 久久国产精品免费一区二区三区| h肉3d动漫在线观看网站| 国产成人精品免费视频动漫| 精品久久无码中文字幕| 果冻传媒高清完整版在线观看| 怡红院在线影院| 国产无遮挡又黄又爽高清视| 八戒八戒在线观看免费视频| 亚洲av无码专区国产不乱码 | 欧美一欧美一区二三区性| 强奷乱码中文字幕| 国产手机精品一区二区| 伊人222综合| 中文字幕在线看片| 一级**爱片免费视频| 一本伊在人香蕉线观新在线| 99国产精品久久久久久久成人热| 青青草原1769久久免费播放| 欧美黑人巨大xxxxx| 成人毛片免费观看视频在线| 国产白嫩漂亮美女在线观看| 人人妻人人澡人人爽人人dvd| 久久久亚洲欧洲日产国码aⅴ| 怡红院成人在线| 真实调教奇优影院在线观看| 日本人视频jizz69页码| 国产精品妇女一二三区| 免费无码中文字幕A级毛片| 久久狠狠躁免费观看2020| 6080yy三级手机理论在线| 精品哟哟哟国产在线观看不卡| 日本电影中文字幕| 国产欧美在线不卡| 亚洲欧美在线观看首页|