Plate material, dominating the domestic steel industry

    High value-added special plates become China'sBeijing's successful bid to host the 2008 Olympic
iron and steel industry's most eye-catching brightGames, various infrastructure facilities and the
spotconstruction of major projects the demand for
Iron and steel industry is accompanied by thevarious steel, very impressive. Therefore, China's
development of the country's industrialization process,steel market demand for a longer period of time in
and in developed countries as a mature traditionalthe future will continue to grow rapidly, the industry a
industries, the proportion of gross national productbroad space for development. In 2004 a quarter of
decline in sales growth has slowed. While theChina's economy grew by 9.7%, but China's steel
developing countries is different, China is in the initialconsumption over the same period went up by
stage of the process of industrialization, machinery,28.32% year on year, the industry's overall
automobile, real estate and other industries as well asperformance is still very strong.
the rapid development of a large number of    Future Trends: Private plate material demand
infrastructure construction, decided to demand forgrowth will be higher than the industry average
steel in China will be a long-term future there is aChina's steel industry after volume expansion, after
broad space for development.the main period of development, has entered into the
First, China has become the world's largest steelspeeding up structural adjustment, improve the
producer and consumer countriescompetitiveness of the main stages of development.
1, since the reform and opening up the rapidChina's iron and steel industry for the "big but not
development of China's iron and steel industrystrong", the product structural contradiction of the
Since the founding of China's iron and steel industrystatus quo, the state iron and steel industry put
made great achievements. In 1978 China's steelforward the "total amount control, structural
output 31.78 million tons, ranking fifth in the world,adjustment, eliminating the backward, and increasing
1979 years later, at an annual 400 - 500 million tons aefficiency" approach.
year. Since the 20th century, 90 years, China's ironAccording to Iron and Steel Industry Association
and steel industry to accelerate the development ofpredicts that in 2005 China's plate production capacity
steel production from 1990 to 65.35 million tons to38.5 million tons, but demand will reach 40.11 million
600-700 million tons per year rate of increase. 1996tons, obviously in short supply. 2002 Statistics of
mark for the first time in more than 100 million tons,China's iron and steel industry has initially reveal the
ranking first in the world after China's steel productiontrend: in the finished steel varieties, the type wire fell,
has been growing, and has maintained the world'sincreased the proportion of plate-tube strip. Plate and
steel output ranked the first place.strip the whole year combined output reached
2, China's steel production and consumption with a66.1391 million tons, 26.11% increase over 2001,
record highexceeding the average growth rate of the total steel
By the State to the good macro-economic impact in3.51 percentage points; plate-tube and strip ratio of
2002 and further accelerate the development of40.94% compared to 2001 increased 1.22 percentage
China's steel industry. 2002 China's apparentpoints. One sheet output of 21.6967 million tons, an
consumption of steel at 2.1 million tons, an increase ofincrease of 12.88%; plate output of 24.5783 million
20%. The growth rate of iron and steel industrytons, an increase of 22.35%; steel output of 17.1002
have significantly improved their apparentmillion tons, an increase of 63.49%. To meet the
consumption of steel as an example: in 2001 theeconomic needs of special varieties of production are
growth rate of 13.3% in 2002, the growth rategreatly improved, such as the 41.69 percent increase
increased 6.7 percentage points increase by morein automobile panels, oil pipeline steel plate growth of
than 50%. China's steel industry slowed in 2003 is still51.94%, H-beam growth of 62.14%, 77.39% increase
not diminished, steel production and consumption ofin tin plate and so on.
another record high, while China has become theThe domestic plate market, there is a large private
world's first steel production exceeded 200 millionroom for development, because in the following
tons of the country.areas:
    According to statistics, in 2003 the national? With the rapid development of China's automobile
total of 222 million tons steel capacity over the sameindustry, automotive steel market will show rapid
period increased 22.38%, steel production of 236growth. Expected that by 2004 the amount of cars
million tons, growth of 21.53 percent over the sameto reach 9.56 million tons of steel around an average
period. China's steel exports total about 6.96 millionannual growth rate of 32%. Automobile steel sheet
tons, about 3,717 million tons of steel imports in 2003,and special steel mainly by the composition of a high
Chinese steel consumption reached 247 million tons.level of production technology, is a high value-added
From the industry boom of view, the steel industryproducts, which are widely used in truck plate beams,
sentiment index continued to rise since 2002, invertical beams, axles, wheels and other places,
November 2003 began to slow down growth. Atmarket capacity is large.
present the steel industry prosperity index remained? shipbuilding plate is a plate, another big consumer
at a high state of adjustment.market. According to statistics, 1996-2000, China's
3, all the varieties of steel plate prices of outstandingship exports reached 7.9 billion U.S. dollars, an increase
performance under adverse downward rigidity inof 2-fold over the previous five years, in 2003 a
Second half of 2002 to March of this year, China'squarter of China's ship exports 720 million U.S. dollars,
steel prices have been rising continuously, but he wasthe year will exceed 2 billion U.S. dollars. Shipbuilding
the state's macro-control and other factors, in lateindustry depends on the shipping industry, shipping
April after the show overall decline of domestic steelindustry developed rapidly in recent years. China's
price trends. In particular, architectural steel, theaccession to WTO, both the exporting countries, but
largest decline. Steel prices in mid-May show that wirealso a major importer, just enough to drive the
rod, rebar prices by the end of April fell 18%, theshipping industry.
highest price, compared with the end of February    ? by the state to expand domestic demand,
have dropped 34%; from the sheet situation, thethe positive impact of fiscal policy in recent years to
highest point in comparison with the price ofobtain the rapid development of construction
hot-rolled sheet dropped by 17%, 9% drop inmachinery requires a large number of special plates.
cold-rolled sheet, plate the most outstanding2003 from January to April in the industry growth of
performance in only a 6 percent decline. Steel price73.37% over last year, especially in the two major
trend from the view, in order to plate and cold rolledindustry loader and excavator is a "blowout" type
sheet plate, represented by high prices of basicdevelopment, in order to compensate for deficiencies
rendering rocky Qiangshibugai, which reflects theirin the domestic market in 2003, a quarter of China's
market supply and demand situation.imports 6776 tons excavator , equivalent to the year
    Second, strong growth of the national2002 of 2.35 times the volume of imports. The same
economy has brought strong demand for steeltime, construction machinery trend is energy-efficient,
productsreliable, safe, comfortable, environmental protection,
Iron and steel industry and macro-economiclarge-scale, electromechanical integration, due to the
development are closely related to the past twoflexibility of excavators, excavators trend is an
years China's rapid economic growth as well as ironalternative loaders, This is tantamount to increasing
and steel industry has created rare developmentthe use of steel .
opportunities.? mining machinery is another plate positions. As the
1995-2002, China's average annual GDP growth rateiron and steel, electric power development, mining,
of 8.4%, while the annual steel consumption growththe amount of rapid increase, especially to continue
rate was 9.5%, higher than GDP growth. In particular,to improve labor productivity and security, as well as
since 2002, steel consumption growth rate of up tomeasures to prevent a further collapse in place,
20%, there's steel consumption growth rate of GDPminer, scraper conveyor, hydraulic supports and pillars
growth in the new situation several times. Theof the use of the quality and quantity will continue to
indicators show that China has entered a newincrease, it is obvious mining machinery development
economic growth cycle. At the same time,will contribute to the steel product structure
automobile, machinery and other industries toadjustment and upgrading.
become the engine of rapid economic development,? steel industry in the ascendant, not only industrial,
but development of such industries were unable tocommercial buildings need to steel, that is also
leave the steel industry support. In addition, with theneeded residential steel structure, which will
western development strategy as a whole forward,undoubtedly provide a plate and H-beam the space
natural gas and water diversion, delivery project, theto display their abilities.
Qinghai-Tibet railway project was initiated, as well as