综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Stainless firms see output cuts' impact muted

By (Reuters)
Updated: 2007-07-09 17:15

The four mills, also including Lianzhong Stainless Steel Corp. in Guangdong Province, never clarified whether the cuts would be calculated based on the previous month's production or on their originally planned output for July.

China is the world's largest stainless steel producer with more than 5 million tonnes of output in 2006.

Company officials said that, while they did not expect a big drop in China's nickel consumption this month, the trend among Chinese mills to produce more low-nickel products would undermine international nickel prices in the medium term.

Chinese mills are increasing production of chromium-based stainless steel to avoid using expensive nickel , which hit an all-time high at $51,800 a tonne in early May.

"Output of the traditional 300 series of austenitic stainless steel will only account for 45 percent of the country's total stainless steel production in 2007," said Hao Peigang, a senior economist at Taigang.

"Compared with the output cut in July, the long-term reduction in consumption is the key factor undermining nickel prices," he said.

Taigang has said it would augment production of 400 series, or ferritic, stainless steel -- which contains less than 1 percent nickel -- to more than 50 percent of total stainless steel output, while Baosteel has said it would raise the proportion of low-nickel products to as much as 40 percent.

China's top economic planning agency, the National Development and Reform Commission, has said more than 20 percent of China's stainless steel output in 2006 was of the low-nickel variety.


(For more biz stories, please visit Industry Updates)
   上一頁(yè)   1   2   下一頁(yè)  


泸定县| 会理县| 天水市| 塘沽区| 德庆县| 浦城县| 黄龙县| 曲水县| 洞口县| 荣成市| 南乐县| 民勤县| 嫩江县| 略阳县| 嘉荫县| 德格县| 武乡县| 黄平县| 鱼台县| 聊城市| 社旗县| 九江市| 昌吉市| 石河子市| 三台县| 四子王旗| 阿巴嘎旗| 昆明市| 兴国县| 新营市| 贵港市| 庄浪县| 东乌| 辽阳市| 红安县| 信丰县| 洪洞县| 蓝田县| 仙居县| 长春市| 瓮安县|