China steel industry needs to maintain a positive growth, but the future development of geomancy

With the growth of the third industry, the development of China's industry is facing the problem of excess capacity. How to solve this problem has become a major event in the development of enterprises.

In 2014 the international coking coal resources and market held before the forum, Wang Yingsheng director of market research Chinese Steel Industry Association pointed out that the Chinese steel consumption in 2014 will continue to increase, but more rapid growth in previous years will be slow, is expected to grow about 30 million tons.

According to Wang Yingsheng introduction, in 2013, China's crude steel production reached 7.79 tons, an increase of 54 million 590 thousand tons, an increase of 7.54%. In 2013, the industry profit was 22 billion 900 million yuan, of which the investment income was 17 billion 800 million yuan, the main steel industry only profit 5 billion 100 million yuan, and the loss in January. To the steel industry in 2014 to determine the market, Wang Yingsheng run downstream steel industry forecast: 2014 real estate development and investment growth of 15%-17%, new construction machinery industry sales growth of 6%-8%; 10%-15% growth, export growth of 5%-8%, profit growth rate is lower than in 2013; auto industry sales continue to maintain more than 10% growth in new energy automobile production will to further expand; appliance industry sales growth of 10%, export growth of 8%, focusing on product upgrades and high-end product sales; the national railway plans to add mileage 6600 kilometers.

Based on the prediction, Wang Yingsheng believes that 2014 steel demand will maintain positive growth, is expected to grow by about 30 million tons, exports also maintained if more than 60 million tons, steel output this year will exceed 8 tons. "The state recently issued a new urbanization plan, put forward, by 2020, the urbanization rate of 60%, which brings good for the steel industry." Wang Yingsheng said, however, affected by environmental protection, overcapacity and other factors, the iron and steel industry benefits are not optimistic, the industry will exacerbate difficulties. Although the needs of the steel industry is currently maintained positive growth, but from a macro perspective, the development of the steel industry in shambles.