Seamless steel pipe prices lead to steel mills profit fell, the enthusiasm of seamless steel tube enterprises production increases obviously, for this kind of situation, the state council premier li keqiang said yesterday that the controversy about iron and steel production is exaggerated, the eu's obligation to fulfill its promises about market economy status.Universally acknowledged achievements of China's economy, don't want to trade.China will further open the financial market, continue to open to the public to attract foreign investors.June 7, the us Treasury secretary, said Lew, the two countries failed to agree on seamless steel tube production capacity situation.After Lew at the opening ceremony of the "china-us strategic and economic dialogue", points out that China's excess capacity caused distortion and destruction to the global market, such as steel and aluminium industry in China to reduce capacity "is very important to the operation of the international market and stable".The Commerce Department also announced on May 25, the final decision to anti-dumping countervailing investigation, the corrosion resistant flat steel from China to impose up to 450% of anti-dumping duties and countervailing duties, to replace in early December when cutting the tax rate of 256%.Although the agency also announced to India, Italy, South Korea and China Taiwan and collect anti-dumping duties on the corrosion resistance of steel, but the tax rate on the mainland is the heaviest.European parliament resolution mentioned China's steel overcapacity and cheap exports to Europe, such as cheap steel exports to the UK to affect the survival, the industry as a whole seamless tube threaten hundreds of thousands of jobs.5 month the European parliament overwhelmingly passed a resolution, refused to recognize China's market economy status, accused China of excessive export, production and sale of the European Union have serious social, economic and environmental consequences.Wall Street stories previously mentioned, in February this year, the commission's official announcement said, decided to from the People's Republic of China seamless steel pipe, plate, hot rolled flat products in anti-dumping investigations into steel three kinds of steel products at the same time, cold rolled steel sheet and on the People's Republic of China provisional anti-dumping measures.Except crude steel output continue to go up after, according to data released may China's steel exports are also on the increase.Seamless steel pipe exports of 9.42 million tons, that month increased by 3.7% from April.In the first five months of steel export accumulative total of 46.28 million tons, up 6.4% on a year-over-year basis.That this has become the target of Chinese steel can field problem was further criticism.Since the end of may, steel mills cut production and maintenance significantly increased, hangang, maanshan steel, transit and other steel mills have production line to arrange maintenance.Some steel enterprises by reducing iron ore good to reduce production, some companies try to molten iron used in plate production, reduce the production of building materials.Analysts said, although the steel mills do not make money, but only the steel price below marginal cost, reflect on the book profit losses, and maintain two months, the enterprise will have to shut down, just like in the second half of last year.
http://www.lctrgg.com/