/taiwanzhonggang78yueneixiaopanjiakaiping/?lang=en Sat, 26 May 2012 08:31:28 +0000 http://d.x-hitech.com:8080/xhjt02/taiwanzhonggang78yueneixiaopanjiakaiping/?lang=en In May 24th, Taiwan Sinosteel Co., Ltd. convened the 7~8 monthly domestic steel pricing conference.
The US economy will continue to recover. Under the inflation and cooling down, the federal government will introduce quantitative easing policy to stimulate the economy and employment. The G8 conference hopes that Greece will remain in the euro area and intends to introduce a revitalization plan, which remains to be seen. China’s economic growth slowed down, while the growth rate of imports and exports declined, but the people’s Bank of China once again lowered the deposit reserve rate by two yards in May 18th, easing the market drought. Under the influence of international political and economic instability, Taiwan’s April export and export orders continued to decline; private consumption was not optimistic because of the double rise of oil and electricity. The main office reduced the growth rate of GDP to 3.38% again this year, but IMF raised the global economic growth rate at the end of April. With the improvement of the export environment, it is expected that the economy will compete in the second half of this year. Gradually improve.
In the main steel consumption market, the growth of the North American market economy and the demand for steel are more than expected, especially in the automotive energy industry. In the Asian market, a new round of subsidies for energy saving appliances in the mainland of China, as well as the release of Japanese automobile and construction demand, have been put forward by the governments of various countries. The global demand for steel is still up to 3.6%.
Under the influence of the changes in the international political and economic environment and the double rise of the domestic oil and electricity in the lower reaches of the steel and steel industry, in order to seek the steady operation of the whole industry, China Steel decided to maintain a flat plate of all kinds of steel in the 7~8 month, except for the small down reduction of the internal sale price of all kinds of steel products, such as cold rolling and hot galvanizing.

]]>