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Welcome to browse the summary sample of Monthly Report on China Steel Market for December.

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Outline Summary:

Monthly Report on China Steel Market for February 2012

China steel price rallied in February 2012. In the first twenty days of February, the steel price dropped slightly compared to pre-Spring Festival caused by unrecovered demand, with deeper price lose seen in construction steel. Entering late February, China steel price was pushed up by releasing market demand and low inventory at traders. At present, domestic crude steel production could not get back to the normal level seen in last year, steel products exports firm up, steel demand from downstream industry and traders is waking up, therefore, SteelHome expects that China steel price will go up amid stability in March 2012.

I Review on China steel price trend in February

II Analysis on China steel price trend in February

1 China crude steel output remained lackluster

2 China steel products exports stood at a high level

3 Domestic steel demand growth declined sharply

III Analysis on China steel market situation in March 2012

1 China crude steel production bounced off but lower than 2011

2 China steel exports is expected to stay stable

3 Macro fine-tuning policy beneficial to wake up domestic demand

4 Discount rate went down while financing cost retain high

5 Market demand is getting better

Table 1 SteelHome ( China ) Steel Price Index as of Feb.29, 2012

Table 2 China steel price change in 28 major cities in 2011

Table 3 China crude steel, pig iron and steel products in January 2012

Table 4 China steel imports and exports in January 2012

Table 5 Estimated China crude steel and steel products supply in January 2012

Table 6 Forecast on China Crude Steel Supply in February and March 2012

Graph 1 Steelhome China Steel Price Index (SH-CSPI) in 2010-2012

Graph 2 China Crude Steel Supply Change in 2010-2012

Graph 3 China Crude Steel Supply Change in 2010-2012

Graph 4 Commercial Banks’ Accepted Discounted Rate of Large Amounts for 6 Months in 2007-2011

Monthly Report on China HRC/CRC Market for February 2012

Domestic HR coil prices in February kept upward tendency, especially entering into late February, HR coil prices soared sharply coupled with the releasing demands. Compared with prior years, domestic CR/HR coil inventory proved to be lower after the Spring Festival holiday, and furthermore, the output has little possibilities to mount up in the short run, traders mainly show scarce intentions to sell at low prices.

For the moment, domestic majority mills boost their selling prices for March, in a bid to offset the meager profit and losses. Later, prices of CR/HR coil will ascend continuously.

I China HR coil price presented Shaky upturn, CR coil vibrated slightly in February 2012

II Forecast on China CR/HR coil market in March 2012

1. China CR/HR coil output stabilized and exports maintained low

2 CR/HR coil-consuming industries revealed unsatisfactory demands

1) China auto production and sales continued slump   

2) China ’s shipbuilding industry growth descended as well

3 China CR /HR coil inventory Lowered than last February

4 Global CR/HR coil prices Continued increasing in February

5 Chinese steel mills revised up CR/HR coil ex-works prices of March

6 Raw materials price stabilized

Table 1 China ’s CR/HR price at major cities in late February, 2012

Table 2 SteelHome ( China ) Steel Price Index on February 29, 2012

Table 3 China CR/HR coil price change in major cities in February 2012

Table 4 China HR coil ex-works price change in February 2012

Table 5 China CR coil ex-works price change in February 2012

Graph 1 Average HR Coil Trend in 2010-2012

Graph 2 Average CR Coil Price Trend in 2010-2012

Graph 3 Steelhome China Steel Price Index (SH-CSPI) During 2010-2012

Graph 4 Monthly HR Coil Imports&Exports in 2010-2012

Graph 5 Monthly CR Coil Imports&Exports in 2010-2012

Graph 6 China HR Coil Inventory in 2010-2012

Graph 7 China CR Coil Inventory in 2010-2012

Graph 8 Steelhome Global Steel Price Index in 2010-2012

Graph 9 HR Coil Price in Global Major Markets in 2010-2012

Graph 10 CR Coil Price in Global Major Markets in 2010-2012

Monthly Report on China Coke Market for February 2012

China coke market cooled down in February. Steel mills in Northeast China reduced coke purchase price by about CNY 30 per tonne as large supply during the Spring Festival sufficiently meet their demand for the material. In North China and East China , large-scale steel mills kept purchase price unchanged, while some small and medium-sized ones announced a drop of CNY 10-30 per tonne due to the bleak performance of steel market. In Central and Southwest China regions, steel mills also followed the trend in cutting it by CNY 30 per tonne.

Coking enterprises had low inventories, persistently struggling to slash production in a bid to bolster up coke prices. Coke prices will very likely hold steady with slight drop in early March if coal companies lower coking coal prices. However, the market is expected to stabilize in mid-March when an upturn may take place in domestic steel market.

I Review on China coke market in February 2012

1 Coke prices edged down

2. Steel market showed slight volatility

3. Coking coal prices remained stable with downtrend

4 Coke inventories fell

II Outlook on China coke market for March 2012

1 Chinese coke supply to decrease

2 Steel market expected to rally

3 International coke demand expected to pick up

4 Coking coal prices to remain stable with downtrend

Table 1 Chinese Coke Price Change in February 2012

Table 2 Steelworks' Purchase Prices of Coking Coal in February 2012

Graph 1 China II Grade Metallurgical Coke Ex-works Price in 2010-2012

Graph 2 China Coking Coal Ex-works Prices in 2010-2012

Graph 3 China Coke Inventory at Main Ports in 2010-2012

Graph 4 Global Pig Iron Production (sans China ) in 2010-2012