国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

(Xinhua)
Updated: 2007-11-29 14:16

Higher production cost will lower China's export of steel billets by at least 50 percent in 2008, said Qi Xiangdong, vice secretary general of the China Iron and Steel Association.

Related readings: China's steel industry may see inflexion next year China denies intention to dominate world's steel supply Key raw material imports soar Iron & steel sector short of energy, raw material, transport

Speaking at the third Forum on Bohai Bay Iron and Steel Market Wednesday, Qi predicted that steel products will also drop by some one percent compared with 2007.

Reasons for the sharp export drop are price rises for iron ore, coal, charcoal and nonferrous metals, he said. The combined effect of these rises is likely to see costs rise for iron and steel enterprises.

He said that China's iron and steel industry has acquired the ability to grow in a sustainable way, but the growth rate will continue to slow next year. By the end of 2007, China's steel output capacity will reach 550 million tons, while higher cost will shift profits to enterprises with industrial advantages.

Possible rises in interest rates and the state's macro-control on resources will also impact the export of steel and steel products, he added.

The international steel billets market may feel the impact of China's export drop, he said.