Recently, Baosteel raised in February 2010 part of the wire of the ex-factory price, for which excellent line of products, prices, increases in the range of 200 yuan / ton -300 yuan / tons, and for more attention plate prices, Baosteel, and are not released as scheduled on the same day.
Machinery Sub-sectors are more affected by rising prices of steel magnitude of the impact of different, the general impact of the mechanical industry, ranging from 15% -60%, and due to the differences in the amount of steel products quite different.
On the other hand, for a number of machinery enterprises, the adoption of tighter cost control and an appropriate increase in a number of advantages of the product ex-factory prices to absorb higher steel prices caused by cost pressures more practical. According to Goldman Sachs released a report, in January 2010, Liugong and other leading manufacturers of loader is also rising due to cost considerations, preparing for its loader 3% -4% price increase.
Research Director in the Investment Adviser, said Zhang Yan-lin, in July 2009 by the economic environment has been warming, the rise of inflation trends, as well as coking coal prices driven by factors such as the recent price increases of raw materials rose significantly more than steel, so that obviously led to the profits of steel plant down, so in the new year, rising steel prices is also reasonable that the.
Investment Advisor in the latest release of "2010-2015 China's machinery industry investment analysis and forecast, report" shows that steel prices due to rising cost pressures machinery industry increased sharply, the sub-sectors and products are affected differently, including the more technical content high product cost pass ability.
