- Asp Level 2 Electrician Newcastle
By Christina Xia
The effects of rising raw material still continues. Yesterday (on January 11), baosteel shares foreign releases announcement to say to February of carbon steel plate futures price adjustment, this also is baosteel takes the lead in January after steel price rises again after pricing. Reporter discovery, most varieties appear rise, raised amplitude in 100 yuan/ton universal ~ 300 yuan/ton, including hot rolling, pickling, general cold and hot dip galvanized, aluminium zinc, no non-oriented electrical steel plate etc, raised 100 yuan per ton, non-oriented electrical steel raised $300 per ton.
Meanwhile, baosteel shares also on January 10th, night revealed 2010 full year results express, data shows, baosteel shares 2010 attributable to shareholders of the net profit for 128 billion yuan, up to soar 120%.
Before 2010 December 13, baosteel announced adjustment in January 2011 carbon steel plate, the futures price of hot, general cold, galvanized steel, electrician varieties such as factory-gate prices generally rises.
ShenYin nations steel industry analysts zhao xiang-e-chuan-qian in accepting the daily economic news (micro Po) “, said the interview to announce the extent of baosteel weeklong compared to less than 1 month of weeklong amplitude. The next domestic steel mill may follow raised the price of steel parts, but raised shall not too large amplitude. “Sales bad enterprise is likely to choose not to move.”
“Steel prices there are two very important factors: first is the upstream raw material costs; secondly, the increase of downstream demand.” Zhao xiang-e-chuan-qian thinks, “the raw material cost increased to domestic steel for all to be the same, but each steel facing the market demand is different, so he appeared different steel mills have different price of steel phenomenon.”
According to the analysis, the present Australia the flood is recent rising raw material is the main reason. But zhao xiang-e-chuan-qian, think, steel prices may be limited to 2011 began months, “we expect, 2011 quarter increase in fuel prices range shall is the biggest, in the first quarter after won’t have too big rise.”
Since the beginning of last month to reset to higher in January after steel price, baosteel again yesterday announced in February first reset to higher prices. Most of the steel varieties Industry analysts expect, anshan, such as the major steel wisco in February will raise the price of steel, steel price will basically year to the first quarter, but from present upward trend annual perspective, steel enterprises profit level still not optimistic.
Baosteel pro-birth 2011 February carbon steel plate futures price policy shows, except electricity galvanized prices unchanged outside, the rest kerneled per ton raised $50 ~ 300 dollars.
The move is an electrical steel the largest increase non-oriented electrical steel varieties, which raised $300 per ton, No non-oriented electrical steel raised 100 yuan per ton, 0.35 mm series 200 yuan per ton hike.
This is baosteel since last August recessive cut steel products price so far, continuous sixth month raised or maintain steel price remains unchanged.
To this, baosteel internal personage points out, the current vehicle plate needs some amplifier, household electrical appliance industry is in commonly 2 ~ 4 months in production peak season, many large-scale enterprises should therefore preparation, two industries with steel is baosteel’s flagship product.
About the Author: I am a Christina Xia, editor from qualitydress.com, and my work is to promote a free online trade platform. http://www.qualitydress.com/ contain a great deal of information about
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