July is doomed to be unusual in January. Half of 2010 has already gone through halfway. The relevant economic data of various departments and even industries in the country are freshly released. For the grinding industry, due to rising raw material prices and increased costs in the first half of the year, the industry continued its tight supply and demand conditions during the economic crisis. However, from the National Bureau of Statistics released on the 15th of the national economy in the first half of 2010, the overall situation of China's national economy is good, and it continues to develop in the direction of macroeconomic regulation and control. Therefore, once the domestic machinery and machinery are in a recession out of policy, As well as other factors, the various end markets of the grinding industry also appear to be unsatisfactory. The following specific analysis will be conducted.
steel market
The export tax rebate was canceled. The steel industry took the brunt of it. Although it was formally implemented on the 15th, since the State Administration of Taxation issued a notice on the 22nd last month, there have been some fluctuations in the industry. Since exports have begun to decline, they are more likely to make the domestic market bigger. . Despite the drop in iron ore prices, iron and steel production companies in the entire industrial sector faced demand problems. In early July, order quantity continued to decrease, and steel mills still did not achieve production cuts. Baosteel officially released its steel price policy in August on July 13th. After lowering the ex-factory price in July, the ex-factory price of products in August was reduced again. When the majority of the varieties were reduced by 300 yuan per ton, the price of the products was also lowered by WISCO, and the maximum reduction was 400 yuan per ton. The situation has continued to deteriorate, and since July, the scope of restricted production of steel mills has continued to expand, and large-scale enterprises such as Tangshan Iron and Steel, Wuhan Iron and Steel, Shagang and Panzhihua have entered the ranks of production restrictions. At the same time, steel prices continued to slump, and the steel mills' production cuts became increasingly strong.
The price reductions of major steel mills are mainly due to the continued decline in domestic steel prices. Another phenomenon can not be ignored, the data show that many steel mills have reduced production and maintenance. At present, the domestic steel market fluctuates slightly. Although the overhaul phenomenon of steel plants has an expanding trend, due to the limited output, it cannot effectively support the steel market. At the same time, social steel inventories are still at a high level, and digestion is more difficult. As a result, the domestic steel market continues to fluctuate downward, and the decline in sheet types will be greater. The price of mainstream steel products will steadily decline slightly.
Hardware market
The promotion policy of the Ministry of Promotion of the People's Republic of China and the continued encouragement of the development of the western region and the redevelopment of the eastern part of the country have all led to the hardware hardware sales of hardware tools. Since July, the international economy has gradually improved, further stimulating the export situation of hardware products to become better and better. Hardware City tool hardware industry has more room for development. The strong market demand in China and the vigorous expansion of foreign markets combined the organic combination of the two to create a golden period of development for the tool hardware industry.
Hardware City has a wide range of tools, hardware products, and reasonable prices. With the good reputation and enthusiastic service of distributors, it has accumulated a large number of sales network groups. It has gradually opened up domestic provinces (cities) and third world countries such as East Africa, South Asia and so on. market.
However, the national hardware industry faces many challenges. The exchange rate between the *** and the US dollar has kept its sovereign independence. However, in the long run, the appreciation of *** is inevitable. Under such a large environment, especially for the domestic hardware companies, it is a combination of low-end products, the price of locks as the main means of competition, the ability to resist risks is not strong, and the industrial concentration is low. Moreover, some new brands have entered the market and the industry is extremely competitive.
Machine Tool Market
Since July, the exchange rate of *** against the U.S. dollar has continued to go down, at 6.7741 yuan per day on the 15th. Faced with the slightest change in the numbers after the decimal point, the most tense is the domestic export-oriented business owners. Closely related to the export market *** Exchange rate is likely to "overwhelm the camel's last straw." At the beginning of the financial crisis, the foreign market sentiment fell to the bottom, while the domestic market maintained a relatively good situation through macroeconomic policies. Machine tool companies have cut their export share and turned most of their energy into the domestic market.
*** Rapid appreciation directly undermined the price advantage of export products, while the profitability of machine tool companies fell, textile machinery and electronics industry, power equipment, overseas ship equipment procurement have been affected. In addition to the changes in export territories and the resulting structural changes in export products, exchange rate fluctuations have also contributed to this trend.