Supply aluminum plate material five areas of excess production – supply aluminum plate material ceramic aluminum plate punching aluminum plate aluminum ceiling mesh strong aluminum plate carved aluminum plate shaped tile ferulosi plate aluminum plate materials and other products in five areas of excess capacity analysis “from 100 million tons, to now 800 million tons, still say overcapacity”, China Iron and Steel Association deputy secretary general in bear “China Investment” interview said. In contrast, China Steel Association released that China’s steel production capacity had reached 800 million tons at that time, but the actual steel production capacity was only 400 million tons, and there were still 400 million tons of capacity that had not been approved by the state.
Since being labelled overcapacity in 1999, the steel industry has been expanding at times in response to rising demand. On the basis of demand forecast, the country’s capacity expansion of the steel industry is constantly serious planning, but because demand repeatedly breaks planning capacity, so the market’s capacity also repeatedly breaks national planning. For example, in the “Steel Property Adjustment and ZTE Planning” of The State Council in 2009, it was predicted that China’s crude steel consumption was 430 million tons, but the actual consumption was 570 million tons. China Steel Association estimates that consumption of crude steel will reach 680m tonnes, when the state-agreed steel capacity was only 400m tonnes, leaving 400m tonnes of illegal capacity in the market to make up for the shortfall.
In reality, aluminum plate data in the last 10 years of microscopic control by the authorities, China’s steel, cement, non-ferrous metals and other industries are constantly defined as “overcapacity” industries, and are applied to the relatively serious site, finance, tax, project approval and other property policies.
Aluminum plate demand status
21
Aug