Qinhuangdao anchorage ship breaking

Has released a set of macro data show that in August the national industrial output rose 10.4%, and August 1 - fixed asset investment grew by 20.3% year on year, also in August official 45 degree short radius pipe fitting elbows and HSBC have both positive and prove that the domestic economy is speeding up the recovery.The "industrial food" coal has earlier step benefit from macro economy improves. Yesterday, analysts said the ASME B16.9 45 Deg Long Radius butt weld Elbow Shanghai newspaper reporter interview, coke prices a total of 8.14% rally since the end of July, the price of coking coal, coke is still the continuation of strong. Thermal coal prices are no black steel seamless pipes xs astm a106 b tube obvious signs of recovery, but inventories have significantly lower route for qinhuangdao port, anchorage for the first time after the ship in the first half year more than 100, means that a larger downstream demand improvement. As the economy continues to improve, coal prices will stop falling stabilization and rebound.

"As China's demand picks up, will have a A53B ERW carbon steel welding round tube direct on commodities, including metal, pull," the people's livelihood futures analyst Huang Yin said that since July industrial production and capacity and power consumption data recovery, data import and export data, especially the import surge, and August 50.1 HSBC China manufacturing PMI, a four-month high, strong in manufacturing PMI also from 50.3 to 51.0, the Chinese economy presents a good recovery.

"This large mine in Shanxi Province and raised 10-20 yuan/ton, the cumulative increase of 20 to 50 yuan/ton." Yesterday, the coal tar business club industry analysts Lu diffuse the Shanghai newspaper reporter interview, said steel began to rebound sharply in June, and coke because of oversupply, rebound relative lag, stabilised in July to stop falling rebound. Recently, some steel mills to raise coking coal purchase price for the first time of the year, for coking coal prices to form the further support.

Analysts, according to the current steel market is still in the low inventory, the arrival of the high cost, manufacturing stabilization trending up obviously, by demand side support steel prices in the short term up to down. This situation will continue to drive the downstream industry capital.