Two conferences look at Steel City

Two conferences look at Steel City

Review: this year NPC and CPPCC respectively in March 3, 2017 and March 5th opening in Beijing has always been a meeting with prices is closely related, the industry has a meeting with the price, price is equal to the haze rule, limiting price is equal to the precedent. And these are mostly from policy positive. Favorable policy stimulus, resulting in this year's steel market seems to come earlier than in previous years. Last year the market began in early March, and now the Lantern Festival in mid February, Tangshan steel has accumulated weekend rose 180 yuan / ton above 3100 yuan / ton, the gap distance of nearly 3 years of high prices last year - only 10 yuan / ton. From the current understanding of the situation, the favorable policy side will greatly stimulate the steel market, especially in the central and Western regions. So, this year in the favorable policy driven, the price can be higher? We wait and see.
 
Traffic demand: increased investment in western development, The Belt and Road double push.
Around the year released 17 years of transportation investment plans visible, most showed an increasing trend, especially in the central and Western regions. According to incomplete statistics, Xinjiang, Tibet, traffic investment in Ningxia, Yunnan, Hubei, Henan, Sichuan, Anhui, Shaanxi, Yunnan and other ten provinces in the Midwest in 2017 will reach trillion yuan, in addition to Hubei, Sichuan lowered the investment plan, the remaining provinces increased investment plan. Bebon is located in Zhengzhou, the important heavy industrial district of central China. You can visit our company conveniently, no matter you are in Beijing, Shanghai, or Guangzhou.
Again, the western development has entered a critical period, "development planning five axis, two axis and a ring are already clear, only to be executed. On the other, The Belt and Road into the golden period, Xinjiang and Xi'an is the key to the development of regional policy, arranged in a crisscross pattern dense landing Midwest, led to the Midwest steel demand will be the trend of opportunity.
 
Supply side: to capacity constantly, touch production capacity
From the recently published local NPC and CPPCC after the end of 2017 to continue production target, turning to the 2017 key tasks, Li Keqiang said that in 2017 to further reduce the steel production capacity of about 50 million tons, the withdrawal of coal capacity of more than 1.5 tons. At the same time, to be eliminated, unfinished coal production capacity more than 50 million kilowatts, to prevent and defuse the risk of overcapacity coal, the coal industry to improve efficiency, to make room for clean energy development.
Premier Li Keqiang pointed out, should strictly implement the environmental protection, energy consumption, quality, safety and other relevant laws and regulations and standards, greater use of market-oriented means law, effective disposal of "zombie companies", and promote corporate mergers and acquisitions, bankruptcy liquidation, resolutely eliminate backward production standards, strict control of new industries with excess capacity.
"To the production capacity, we must set up workers, and the central government should pay the special funds in a timely manner. Local and enterprises should implement relevant funds and measures to ensure that employees are separated from work and have a way out and a livelihood is guaranteed."." Premier Li Keqiang stressed.
 
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