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China Real Estate Market Gets Into Deep Adjustment Period

Near the holiday season, seem to reflect this "GuiXinShiJian"Hammer crusher and "playing" feeling, steel price around all show last week, endorsement to clinch a deal "break". In the short run, weak cannot change endorsement, in the long run, really warmed or need to wait until endorsement after the first quarter. International economic bad good mutual now, but the whole is expected to see empty. Last week, British manufacturing PMI index in December back up to 49. 6%Rotary dryer, better than expected, ISM manufacturing index beauty in December to 53. 9%, the unemployment rate fell in February 2009 to minimum 8. 5%, this is good; The eurozone manufacturing December fifth consecutive month of less than 50% for 46. 9%, while European Banks plan a new round of layoffs, and Greek officials say or will be out of the euro zone, this is bad. From Greek decided to look at, to the body in the euro zone of the future of the expectations have is proclaiming ", this certainly will will affect China's export situation, and the steel plate series and in them.
2011 domestic investment in fixed assets (excluding farmers) adjusting for inflation real growth 16. 1%, of which fixed assets investment projects in December dropped 0. 14China magnetic separator%. 2011 investment in real estate development actual growth 20. 0%, year-on-year growth dropped 5. 3%. 2012 real estate control policy not be moved, China's real estate market or will go into depth adjustment period, and will drive the growth of investment in fixed assets from falling furtheSecondary cone crusherr. Mor 2012 basic construction investment is 400 billion yuan, compared with 2011 the original plan 700 billion yuan is greatly reduced. In 2011 the national scale above value added of industry press comparable price increase of 13. 9%. In December 2011, China's manufacturing purchasing managers index (PMI) for 50. 3%, annulus comparing picks up 1. 3%, but manufacturing situation is not optimistic. In 2011 by state macro-control, encourage policy exit, go up higher base and parts of the city the influence of factors, in China's automobile production and sales growth dropped sharply, car production and marketing respectively for 1841. 890000 cars and 185Single toggle jaw crusher0. 510000 cars, increase 0. 84% and 2. 45%, more than the previous year fell 31 respectively.. 60 and 29. 92%, production and sales growth for the past 13 years minimum.
In 2011 the national shipbuilding completion of 76.65 million DWT year-on-year growth of 16. 9%;New orders for ships 36.22 million DWT 51 year-on-year drop. Impact crushing machine9%. By the end of December, carrying ship orders 149.91 million DWT at the end of 2010 than with orders dropped 23. 5%. The China machinery industry federation to predict, 2011 machinery industrial production and marketing will grow 25% in 2012 and will increase by 18%-2Sand washer supplier0%. The Spring Festival is somewhat than in former years in advance, after the steel market still in opening sales off-season, downstream demand is very limited. 2011 security room construction surplus engineering, 2012, 7 million sets of new project examination and approval and the capital is available to a process, the demand is pulled an obvious ZhiHouQi.
According to customs statistics in December, China's imported iron ore average cif price for 141. $24 / tons, annulus comparing down 20. Us $90 / mt, a drop of 12. 89%, for a third consecutive fall y/y. The domestic market, iron essence pink, scrap steel and coking coal price annulus comparing were down 0. 19%, 0. 35% and 2. 08%, YeJinJiao price rise 1 November. 73%. Iron ore, etc steel production in the original burning material prices continue to fall, the production cost to the support of the steel price action is reduced, but later raw material prices fall limited. In December 2011, China imported 64.09 million tons of iron ore, annulus comparing a decrease of 110000 tons, but imports after January 2011 and November, is the third high level. According to the statistics of steel association, up to 1 month in the main ports spot iron ore import inventory for 99.87 million tons. Although the steel market downturn restricted the rise of iron ore height, but for the end of the steel market library, overseas mine continue to remain positive on 2012 China steel market trend has supported the iron ore import quantity and price of stabilising.
 
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