at the end of last year the nationalTotal banking assets of 105.8 trillion yuan

Inventory of long iron and steel enterprises into limited production road tipping point Currently, internal inventory of steel has reached a critical point, price-off promotions Mills empties the main task of the backlog of inventory for the next stage. However, under the demand did not improve the situation, price cuts to boost consumer spending warmed up, then a scene from the 2008 production will occur in iron and steel enterprises once again. This year, the global benchmark iron ore prices have fallen by about 4%, the currentIron ore prices have fallen to the lowest point since October last year. On Friday, sold for us $ 135/ton of iron ore. Iron ore prices fell mainly due to sluggish steel demand in China, but the market decline is still limited, but since most of the mills are close to full capacity production in China. With the approval of the national development and Reform Commission recently had three large steel items such as Baosteel, later iron ore price trendsDifferences increased significantly. Data shows that on May 25, the national development and Reform Commission approved the project of Baosteel Zhanjiang, Guangdong steel base with a total investment of 69.68 billion yuan, construction scale for 9.2 million tons of steel, and 10 million tons of steel, 9.38 million tons. On the same day, fangchenggang, Guangxi in WISCO steel base project is also approved by the national development and Reform Commission, total investment in the project is 639.9Billions of Yuan. The two projects together invested more than $ 130 billion. Subsequently http://www.powerleveling.us/diablo-3, the Shougang steel moved project was approved by the national development and Reform Commission. Large investment project to boost domestic prices for iron ore and coking coal prices rise? Five analysts ' average estimate compiled by Bloomberg, iron ore prices are expected to rise in the second half of the year to 152 dollars a tonne. Foreign analysts also expected, asAnother key steel-making raw materials, coking coal prices are expected to rise by 7%. In the domestic steel market, affected by this "stimulus" effect, there was a wave of small steel price rebound. But because the demand is not a substantive improvement, has now dropped to a price level before. At the same time, securities times survey also found that the real economy was not as optimistic as analysts think China's steelNeeds no signs of improvement, productivity under pressure, steel prices were under pressure are still huge, production of iron and steel enterprise will go into limited production of critical points. Statistics show that as of June 1, 2012, 26 major markets throughout the country top five social inventory 15.615 million tons of steel. After the Centre for economic development of metallurgical industry-related sources, domestic energy dissipationDemand and exports only about 700 million tons, compared with 900 million tons of aggregate demand last year, excess steel capacity of 200 million tons. It is clear that internal inventory of steel has reached a critical point; how to empty the backlog inventory is stages after steel's main tasks. At the same time, as China's imports of iron ore and coking coal regions of Australia, also is facing a slowdown in production of iron and steel enterprises in China's pressure�� Australia's third-largest iron ore supplier, Chief Executive of FMG Neville Power believes that as the country's economic slowdown, global 19% iron ore prices will drop further fell to $ 110 and the horizontal lines found on a sustainable price stability. This also occurred in the field of coking coal. According to the global network of coal,Asian coal trading benchmark-Newcastle-Australia port electrical 20% coal prices have plunged this year, to near two-year lows of $ 92 per ton, for the part of the miners, which is close to the price of operating costs. The slowdown in imports of iron ore and coking coal, making bulk dry bulk freight prices declined substantially. At present, the Baltic trade shipping Exchange dry index (BDI) On Wednesday for a 10th day www.powerleveling.us/diablo-3|diablo 3 power leveling, at 878. 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