Operation of raw materials industry in January-February 2009

Abstract The Ministry of Industry and Information Technology released the operation of the raw materials industry in January-February 2009. Statistics show that the added value of the raw materials industry increased by 3.1% year-on-year. Due to insufficient market demand, the problem of overcapacity has become more prominent, and the prices of major raw materials have rebounded. Steel:...

The Ministry of Industry and Information Technology released the operation of the raw materials industry in January-February 2009. Statistics show that the added value of the raw materials industry increased by 3.1% year-on-year. Due to insufficient market demand, the problem of overcapacity has become more prominent, and the prices of major raw materials have rebounded.
Steel: In January-February, the industrial added value of the steel industry increased by 1.5% year-on-year. The output of crude steel was 81.62 million tons, which was changed from a decline of 10.5% in December last year to an increase of 2.4%. The average daily output was 1.38 million tons/day, which was 19% higher than that of October last year (average daily output was 1.16 million tons/day). The output of steel products was 90.35 million tons, which was changed from a decrease of 1.7% in December last year to an increase of 3.1%. Steel exports were 3.47 million tons, down 52%; imports were 1.96 million tons, down 26.8%; iron ore imports were 79.39 million tons, up 6%.
Steel prices have fallen. As the rebound in market demand could not keep up with the rapid release of steel production capacity, the price of steel that once rebounded fell again. At the end of February, the domestic market steel price composite index was 103.7, down 4 points from the end of last month. The average price of 6.5mm wire rod, 10mm medium plate and 0.5mm cold rolled sheet was 3568 yuan / ton, 3923 yuan / ton and 4846 yuan / ton, respectively, down 201 yuan / ton, 174 yuan / ton and 104 yuan / at the end of last month Ton.
Building materials: Under the effect of the country's intensification of infrastructure construction and other domestic demand policies, the building materials industry generally showed a relatively fast growth momentum. In January-February, the added value of the building materials industry increased by 12.1% year-on-year, faster than the total industrial growth rate of 8.3 percentage points. The national cement output was 159 million tons, a year-on-year increase of 17% (excluding the production enterprises that did not report the same period last year, an increase of 10.3%); the output of flat glass was 83.21 million weight boxes, down 2% year-on-year (excluding the production factors of the same period last year). Decreased by 5.8%). Key building materials enterprises had 10.32 million tons of cement stocks, up 7.2% year-on-year; flat glass stocks were 22.2 million weight boxes, down 10.3%.
The price of cement has dropped, and the price of flat glass has fallen sharply. In February, the average ex-factory price of cement for key building materials enterprises fell from 302 yuan/ton in December last year to 292 yuan/ton, a decrease of 3.3%; the average ex-factory price of flat glass dropped from 68 yuan/weight box in December last year to 58 yuan. / weight box, a drop of 14.7%.
Nonferrous metals: In January-February, the added value of the non-ferrous metals industry increased by 0.8% year-on-year, and the growth rate by comparable days was 7 percentage points lower than that of December last year. The output of ten non-ferrous metals was 3.4 million tons, down 9.5% year-on-year; among them, copper output was 606,000 tons, up 10.9%; electrolytic aluminum production was 1.78 million tons, down 16.1%; zinc production was 500,000 tons, down 11.8%. Alumina production was 3.23 million tons, down 7.5%. Imports of unwrought aluminum and aluminum were 116,000 tons, down 26.4%; imports of waste aluminum were 190,000 tons, down 44.4%.
The price of major non-ferrous metals fluctuated at a low level. The average spot price of copper in the domestic market rose from 27,027 yuan/ton in December last year to 28,928 yuan/ton in January, and fell back to 28,567 yuan/ton in February. The average spot price of electrolytic aluminum rose from 10,963 yuan/ton in December last year to January 12131. Yuan/ton, fell back to 12027 yuan/ton in February. The average spot price of lead and zinc increased from 9739 yuan/ton and 84109 yuan/ton in December last year to 12345 yuan/ton and 11593 yuan/ton in January, and fell to 11994 yuan/ton and 11013 yuan/ton in February.
Chemical industry: The downward trend has slowed down, and the production and sales situation has improved, but the overall situation is still not optimistic. In January-February, the added value of chemical industry increased by 0.7% year-on-year, with a decrease of 6.8% in January and an increase of 8.5% in February. Although the growth rate is still low, the decline in the production of major products has slowed down noticeably. Among the 30 major chemical products under key monitoring, the decline in production of 14 products slowed down to a different extent than in December last year. The decline in caustic soda, soda ash and ethylene production decreased from 22.2%, 20.1% and 19% in December last year to 7.8%. 12.2% and 11.1%. Fertilizers, pesticides and other agricultural products have accelerated growth. The output of chemical fertilizers was 8.75 million tons, and the output of ammonium phosphate fertilizers was 2.23 million tons, up by 4.6% and 14.4% respectively, of which 12.7% and 24.3% were respectively increased in February. The output of chemical pesticides was 394,000 tons, an increase of 9.1%, of which 14.4% in February.
The prices of chemical products rebounded slightly. According to the statistics of China Logistics Information Center, the overall price of domestic chemical products rose from February, and the average price rose by 3.8% from the previous month. Affected by factors such as national purchasing and storage policies, natural rubber prices rose 6.9% from the previous month; synthetic rubber rose 3.9%. The prices of inorganic chemical products such as “tri-acid and two bases” have risen and fallen. The price of sulfuric acid decreased by 6.8% compared with the previous month. The price of soda ash and caustic soda decreased from 8.3% and 1.4% in January to 0.6% and 5.7% respectively.

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