“The situation in the coking industry this year is very bad. The operating rate is only about 70%, and the price of coke is close to the price of the international financial crisis in 2008.†On the 17th, a coordinator of the Shandong Coking Industry Association declined to be named responsible for the economy. The Herald reporter said that due to the lack of demand from the downstream steel mills, the current coking companies in Shandong are generally losing money, and it is very difficult for them to be embarrassed.
Upstream steelmakers have pressured prices to decline
In June this year, the long-disappeared Shandong coke industry guide price was restarted. “According to market conditions, the Association adjusted the prices of major products in the Shandong coking market in June to an ex-factory price of 1,850 yuan/ton for the primary metallurgical coke and an ex-factory price of 1,750 yuan/ton for the secondary metallurgical coke. The above-mentioned person in charge told the reporter that the surface With the decline of coke prices, the Shandong Coking Industry Association restarted the market guidance price system during the international financial crisis.
However, the guide price quickly became meaningless. “Because of the depressed steel market and lower prices, the demand for the coke industry has been reduced, and steel mills have frequently reduced the purchase price of coke. At present, the ex-factory price of the first-class metallurgical coke in the Shandong market is about 1,700 yuan/ton, and the ex-factory price of secondary metallurgical coke is already The price of coke fell by more than 300 yuan per ton from the beginning of the year to the present, and the price of metallurgical coke in some small coking enterprises in our province has even approached the low point during the international financial crisis, said the official in charge of the above.
Zhou Fagen, general manager of Zouping Fuming Coking Co., Ltd., told reporters in an interview on the 16th that as the upstream industry of the steel industry, the coke industry was constantly suppressed by the steel industry this year. “Now the transaction price of secondary metallurgical coke in Shandong has dropped to 1,580 yuan/ton to 1,620 yuan/ton, while in January this year, the price was still between 1,900 yuan/ton and 1,920 yuan/ton. And this price is still increasing. As for the coking enterprises, the cost of shutting down the furnace is too high. Now most companies can only limit production and ensure the operation of blast furnaces. Coke companies are struggling.
According to Chen Fagen, after entering the summer, if the coke stocks are too high, high temperature, rain, etc. will affect the quality of coke, and the products will not be sold at a higher price. For this reason, coke will be sold even at a loss. "Some small coking enterprises have to increase their efforts to limit production." Chen Fagen said that although coking coal raw materials prices have been in the downward channel, but coke decline in coking coal prices did not fall. "Yanzhou No. 2 clean coal price was 1350 yuan/ton at the beginning of the year, and the current price was 1,090 yuan/ton, down by 260 yuan/ton, while the coke fell more than 300 yuan/ton, and even reached 400 yuan/ton."
“Shandong Coking Enterprises currently has a production limit of more than 30%, most companies are on the edge of profit and loss, and some small businesses are facing closure. It was originally expected that the situation of the coke industry will improve in the second half of the year, but from the current situation, the downward trend of coke prices will continue.†The person in charge of the Provincial Coking Industry Association expressed to the reporter.
Total coke capacity excess
“From the overall economic environment and the current demand of the steel industry, the declining trend of the coke market price will continue.†Zhuo Chuang analyst Zhang Yuan said on the 17th when receiving an interview with the reporter.
According to Zhang Yuan, due to the impact of the macro-control and the downturn in the real estate industry, the steel industry has generally been sluggish this year. The coke market in Shandong has been falling, especially since mid-May. “Now the market price of Shandong coke has been lower than Hebei as a whole, and the actual transaction price is closer to Shanxi. Usually, the price of Shandong coke is higher than Hebei and Shanxi.†Zhang Yuan told the reporter, compared with 70% in the first half of Shanxi. The above-mentioned coke enterprises have suffered losses. At present, most coke enterprises in the Shandong region have a breakeven balance, and the operating rate is about 70%.
The data from the Shandong Coking Industry Association shows that at present, Shandong coke companies have restricted production by more than 30%, and some companies have fallen into losses. In the past, coal chemical products on which companies rely to support coking coal prices have also experienced price declines. Zhuo Chuang information coal chemical analyst Li Xunjun told the reporter that a considerable part of coal chemical products is related to the real estate industry, and the real estate market slump has led to lower prices of coal chemical products.
In addition, the overall overcapacity in the coking industry in Shandong has also aggravated the downturn in coke. The Herald reporter learned from the Economic and Information Commission of Shandong Province that Shandong Coking production capacity is second only to Shanxi and Hebei, ranking third in the country. According to reports, currently there are 37 coking companies in Shandong that have entered the Notice Management Department of the Ministry of Industry and Information Technology, with a capacity of more than 43 million tons. There are 21 coking companies above designated size, and the production capacity is 11.20 million tons. In total, there are 58 coking companies with a capacity of more than 54.2 million tons. Together with the 18 million tons of capacity under construction, the total production capacity exceeds 72 million tons.
Upstream steelmakers have pressured prices to decline
In June this year, the long-disappeared Shandong coke industry guide price was restarted. “According to market conditions, the Association adjusted the prices of major products in the Shandong coking market in June to an ex-factory price of 1,850 yuan/ton for the primary metallurgical coke and an ex-factory price of 1,750 yuan/ton for the secondary metallurgical coke. The above-mentioned person in charge told the reporter that the surface With the decline of coke prices, the Shandong Coking Industry Association restarted the market guidance price system during the international financial crisis.
However, the guide price quickly became meaningless. “Because of the depressed steel market and lower prices, the demand for the coke industry has been reduced, and steel mills have frequently reduced the purchase price of coke. At present, the ex-factory price of the first-class metallurgical coke in the Shandong market is about 1,700 yuan/ton, and the ex-factory price of secondary metallurgical coke is already The price of coke fell by more than 300 yuan per ton from the beginning of the year to the present, and the price of metallurgical coke in some small coking enterprises in our province has even approached the low point during the international financial crisis, said the official in charge of the above.
Zhou Fagen, general manager of Zouping Fuming Coking Co., Ltd., told reporters in an interview on the 16th that as the upstream industry of the steel industry, the coke industry was constantly suppressed by the steel industry this year. “Now the transaction price of secondary metallurgical coke in Shandong has dropped to 1,580 yuan/ton to 1,620 yuan/ton, while in January this year, the price was still between 1,900 yuan/ton and 1,920 yuan/ton. And this price is still increasing. As for the coking enterprises, the cost of shutting down the furnace is too high. Now most companies can only limit production and ensure the operation of blast furnaces. Coke companies are struggling.
According to Chen Fagen, after entering the summer, if the coke stocks are too high, high temperature, rain, etc. will affect the quality of coke, and the products will not be sold at a higher price. For this reason, coke will be sold even at a loss. "Some small coking enterprises have to increase their efforts to limit production." Chen Fagen said that although coking coal raw materials prices have been in the downward channel, but coke decline in coking coal prices did not fall. "Yanzhou No. 2 clean coal price was 1350 yuan/ton at the beginning of the year, and the current price was 1,090 yuan/ton, down by 260 yuan/ton, while the coke fell more than 300 yuan/ton, and even reached 400 yuan/ton."
“Shandong Coking Enterprises currently has a production limit of more than 30%, most companies are on the edge of profit and loss, and some small businesses are facing closure. It was originally expected that the situation of the coke industry will improve in the second half of the year, but from the current situation, the downward trend of coke prices will continue.†The person in charge of the Provincial Coking Industry Association expressed to the reporter.
Total coke capacity excess
“From the overall economic environment and the current demand of the steel industry, the declining trend of the coke market price will continue.†Zhuo Chuang analyst Zhang Yuan said on the 17th when receiving an interview with the reporter.
According to Zhang Yuan, due to the impact of the macro-control and the downturn in the real estate industry, the steel industry has generally been sluggish this year. The coke market in Shandong has been falling, especially since mid-May. “Now the market price of Shandong coke has been lower than Hebei as a whole, and the actual transaction price is closer to Shanxi. Usually, the price of Shandong coke is higher than Hebei and Shanxi.†Zhang Yuan told the reporter, compared with 70% in the first half of Shanxi. The above-mentioned coke enterprises have suffered losses. At present, most coke enterprises in the Shandong region have a breakeven balance, and the operating rate is about 70%.
The data from the Shandong Coking Industry Association shows that at present, Shandong coke companies have restricted production by more than 30%, and some companies have fallen into losses. In the past, coal chemical products on which companies rely to support coking coal prices have also experienced price declines. Zhuo Chuang information coal chemical analyst Li Xunjun told the reporter that a considerable part of coal chemical products is related to the real estate industry, and the real estate market slump has led to lower prices of coal chemical products.
In addition, the overall overcapacity in the coking industry in Shandong has also aggravated the downturn in coke. The Herald reporter learned from the Economic and Information Commission of Shandong Province that Shandong Coking production capacity is second only to Shanxi and Hebei, ranking third in the country. According to reports, currently there are 37 coking companies in Shandong that have entered the Notice Management Department of the Ministry of Industry and Information Technology, with a capacity of more than 43 million tons. There are 21 coking companies above designated size, and the production capacity is 11.20 million tons. In total, there are 58 coking companies with a capacity of more than 54.2 million tons. Together with the 18 million tons of capacity under construction, the total production capacity exceeds 72 million tons.
Curtain Decorative Clip &Buckle
Decorative Curtain Clips,Golden Triangle Curtain Buckle Holder,Curtain Band and Buckle
Taojin Textile Co., Ltd. , http://www.hzcurtain-accessory.com