In the hottest quarter, more than 70billion privat

In the first quarter, more than 70billion private capital poured into the steel industry

on April 28, the data released by China Steel Association showed that the national fixed asset investment in the steel industry in the first quarter was 89.3 billion yuan, a year-on-year decrease of 3.34%, of which the private fixed asset investment was 71.6 billion yuan, a year-on-year increase of 6.65%, accounting for 80.18%

on April 28, the data released by the China Iron and Steel Association showed that the national fixed asset investment in the steel industry in the first quarter was 89.3 billion yuan, improving the core competitiveness of enterprises, a year-on-year decrease of 3.34%, of which the private fixed asset investment was 71.6 billion yuan, a year-on-year increase of 6.6% Generally, there is no problem with this one, 65%, accounting for 80.18%

many insiders believe that the continued large-scale entry of private capital will undoubtedly exacerbate the overcapacity situation in the steel industry and the reshuffle of the steel market

analysts said that when private capital entered the market when the steel industry encountered a rare cold, it is estimated that it saw some opportunities in the brutal competition

private investment accounted for more than 80%

CISA released the first quarter steel industry report card on April 28: domestic steel prices fell, profits fell, production was still increasing, and private investment was still high fever

in the first quarter, the national fixed asset investment in the iron and steel industry was 89.3 billion yuan, a year-on-year decrease of 3.34%, of which the private fixed asset investment was 71.6 billion yuan, a year-on-year increase of 6.65%; Private fixed asset investment in the iron and steel industry accounted for 80.18% of the total investment

in this regard, insiders of CISA said that the funds were mainly concentrated in private steel plants, and the regions with rapid investment growth were concentrated in Jiangsu, Liaoning and Northwest China

it is worth noting that Xinjiang, located in the northwest, has actually felt the severe cold of overcapacity due to the investment of steel enterprises in recent years. According to statistics, if the jigs of new steel projects in Xinjiang from 2010 to 2011 will not deform the rubber, all of them will be put into production, and the production capacity will exceed 20million tons. Data from Jinshi futures show that the steel price in Xinjiang has fallen to a low of 3100 yuan/ton, close to the bottom line of 3000 yuan/ton in 2006

in this regard, analyst Liu said that some iron and steel projects in Xinjiang have been difficult to overcome, and for investment enterprises, in order to avoid losing everything, they have to continue to invest in construction

as for the whereabouts of private capital, the aforementioned CISA source revealed that the current increase in fixed asset investment is more in the expansion of projects and the production of new projects

many industry insiders believe that the growth of private investment in fixed investment in steel will undoubtedly exacerbate the current situation of overcapacity in steel. According to the data of China Steel Association, China's crude steel output in the first quarter was about 203 million tons, an increase of 2.37% year-on-year; The output of steel (5. The composition of the experimental platform includes duplicate materials) was 261 million tons, an increase of 5.3% year-on-year

tentative entry of private capital

the continuous involvement of private capital has led to the growth of fixed investment in the whole industry. At the same time, the steel industry in the first quarter of this year fell into the most difficult quarter since the new century

according to the latest data of CISA, the sales revenue of iron and steel enterprises achieved 868.887 billion yuan, a year-on-year decrease of 0.79%; The profit was -2.329 billion yuan, a year-on-year decrease of 5.604 billion yuan, from profit to loss

zhangchangfu, vice president of CISA, said that at present, it is a low season for steel consumption, but steel production is still growing, inventories have risen sharply, and the situation of steel market supply exceeding demand is more serious, resulting in continuous decline in steel prices and serious losses in the whole industry

according to liuqiuping, senior researcher of Guotai Junan Futures, at this time, the continued large-scale entry of private capital will undoubtedly increase the situation of overcapacity and intensify the reshuffle of the steel market. Liu Qiuping said that even if private investment rose, the overall investment growth rate still fell, and private investment was also tentatively mobilized

analysts said that when private capital entered the market when the steel industry encountered a rare cold, it is estimated that it saw some opportunities in the brutal competition

it is worth noting that in the first quarter of the fixed asset investment in the iron and steel industry, the fixed asset investment in ferrous metal mining and beneficiation industry was 18.3 billion yuan, a year-on-year increase of 17.1%, of which the private fixed asset investment was 15.3 billion yuan, a year-on-year increase of 25.3%

in this regard, wangguoqing, director of Lange Iron and Steel Information Research Center, said that private steel mills are changing their previous strategy of mainly purchasing raw materials, and some private capital is gradually investing in upstream raw materials such as iron ore to ensure low cost and stable supply of raw materials

according to the latest data of the National Bureau of statistics, in the first quarter of this year, the mining and beneficiation industry of ferrous metals above Designated Size achieved a main business income of 19.77 billion yuan, an increase of 3.8% over the same period last year; The total profit was 16.76 billion yuan, a year-on-year increase of 5.1%

however, in Liu Qiuping's view, even if private capital is partially involved, ferrous metal smelting and rolling processing industry still cannot avoid the fate of declining investment. According to the data released by China Steel Association, in the first quarter of this year, the national fixed asset investment in ferrous metal smelting and rolling processing industry was 71billion yuan, a year-on-year decrease of 7.5% and an increase of 13.9% in the same period last year

Liu Qiuping said that the overall investment slowdown indicates that steel mills are less willing to expand reproduction, and the attraction of the steel industry to capital is also weakening. Even private investment is more cautious in entering