Apparent Effect Of Steel Prices Rose React Differently To Various Industries - Steel Price, Steel

Baosteel announced on the 1st to accept international Iron ore prices 71.5%

. Prior to Baosteel, Panzhihua Iron and Steel, have already have raised prices, while the steel market rally, according to statistics and surveys of journalists, will be lower than 500 listed companies in seven sectors the business impact.

As a result of the use of the steel industry and steel of their share of the cost difference, the effects will also appear quite different. China Iron and Steel Association statistics show that construction, machinery, light industry, automobile, container, shipbuilding, railway, petrochemical and other industries in recent years has been dominated by the major steel top eight. The railway industry in addition to, the other seven markets more than 500 listed companies will inevitably become involved in the knock-on effect of steel prices. Humanistic understanding to morality

Everbright Securities Research Institute researcher, said steel industry on the impact of seven key words there are two, one dosage, the second is the weight. On the one hand, construction, machinery, light industry, large amount of steel prices will result in increased costs; the other hand, steel accounts for machinery, container, shipbuilding and other industries a greater proportion of the cost, the most obvious influence.

Machinery, shipbuilding, automobiles, household appliances: wounded helpless Steel is undoubtedly the most important raw material machinery industry, involving general machinery manufacturing, electrical machinery, instruments and other sub-sectors 166 listed companies. SGIS the secretaries to directorate told reporters more than the right child, steel machinery industry accounted for a large proportion of raw materials, but what impact is, according to the company to produce the type of mechanical product set.

Steel consumption in respect of the other big?? Shipbuilding enterprises, only three domestic listed companies in the production of marine diesel engines, large-scale iron and steel products, project, in which a company secretaries to directorate told reporters: steel in its raw materials in the accounted for as high as 60%. Steel price rise can be described and is closely related to shipbuilding.

Automobile and steel also can be said to close. China's existing transport equipment, 75 listed companies, including a car-based. In the automotive market changes from the seller to the buyer's market today, the upstream raw material prices is undoubtedly brought about negative effects. However, the vehicle manufacturers that the fluctuations in steel prices, mainly in parts manufacturer, where digestion.

Light in the home appliance industry, the impact may be especially vulnerable. From the press about the situation, has entered a marginal profit of the home appliance industry, prices for raw materials is very sensitive to the situation last year, so many companies already overburdened. Meanwhile, the home appliance industry researchers also noted that the ability to withstand the current pressure, but also with the company's development strategy.

Construction container: Easy pass Steel construction is the first family, the steel consumption mainly in real estate. According to Koda Jinhuagong fish researcher securities, construction and installation costs account for 30% of house prices?? 40%, steel costs accounted for 30% of Jian?? 40%, so the cost in the price of steel only to about 10%. If the steel price increase can be controlled in 20% of the listed company's gross profit margin on the property will not bring a big impact. Real estate business can raise prices and reduce other costs.

Container industry in Mainland China CIMC only a listed company. Great Wall Securities Research Institute, Rong researchers told reporters last year, despite the hot-rolled sheet prices rose to more than 5,000 yuan from more than 3000 yuan, but the shipping market since last year's hot, container transportation capacity for less than demand, so the set of hot-rolled sheet can rising costs onto customers easily. According to the latest statistics, China's foreign trade rises to be reduced to 15%, with the new boat into the water, the shipping market to achieve a basic balance of supply and demand, therefore, CIMC will also be part of their digestion of steel rising cost pressures, gross interest rates will not drop too much.

by: gaga

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