world of tanks power leveling this drop of iron ore prop up control in 130 dollars - WQX

world of tanks power leveling 2011 1~7 month, overall implementation sales revenue grows the cooking business that brings into statistical limits compared to the same period about 37.96% , profit total 7.46 billion yuan, grow 3.19% compared to the same period. Close 2011 4 into cooking company loss, cooking industry sales profit ratio by on year 2.72% drop for 2.19% . Major coke enterprise is already profitless. Below the state that tightens up continuously in the money, downstream demand is fatigued and weak, steelworks stock is more expensive. Since the four seasons is spent, steelworks is restricted to produce support value in succession. Statistical data shows, accumulative total of crop of 1~11 month coke grew 12.7% 2011, reach three hundred and ninety-two million five hundred and sixty thousand tons. Annulus looks than data: November coke crop relatively on the month reduces 2.3 million tons, annulus comparing drops for 6% . Visible steel products drops greatly world of tanks power leveling, crop of four quarters coke is restricted to produce considerably, but annual coke crop will still exceed 10% amplitude, predicting annual crop will be in 420 million tons of level. We think, next coke enterprise or will begin one round to be restricted to produce support value action, the enterprise will begin to go actively inventory process, to coke price is one is propped up first quarter. Will treat a few conditions of coke industry catenary again. From go before in light of situation, we can see, coke futures price basically is as the change of price of whorl steel futures change, the wave crest that does not cross coke futures and trough and photograph of whorl steel futures are a few narrower than wanting. Swim up and down to coke value of industrial catenary product undertakes dependency is analysed, coke and refine cooking coal, coke and steely correlation coefficient are respectively 0.87 with 0.86, there is stronger dependency between them it is thus clear that. And undertake to coke and the price that swim up and down Gelanjieyin examines if really, can discover, although each other is cause and effect between them, but the coke price impact to coking coal price and iron and steel want to the influence of coke price more remarkable. That is to say, existing to be dominant with demand between the price of downstream on coke product from downstream upstream conduct a mechanism. Forecast next year first quarter coke industry value, besides the supply and demand that considers coke oneself, whorl steel price is an important variable more. We treat a few conditions of catenary of industry of next year iron and steel. Whorl steel price is in by October violent dropping basically is as violent as iron ore price drop about. Come from the cost of iron ore say wot power leveling, we think at present iron ore price is maintained is relatively reasonable over 130 dollars, this cost is propped up is first quarter at least inside short time in price of your rolled steel drops the space is limited. And steely factory oneself also is undertaking bounds to produce support value. Safeguard the job and blast furnace now and then close stop will bring about phenomenon of product line stop production to increase. This kind of circumstance is completely understandable, because the large steelworks of attention crop is right gain level unlike is small-sized steelworks is so sensitive, and switch rolling product line stops blast furnace to be gotten easily than closing much. After be being digested in costly inventory, company of steely industry chain will be new find below current raw material price balanced. As company reduction in production, the market is stable, the usu. in anticipation of or in order to bring about a fall in price that early days brings by panic and wait-and-see will change infirmly, hopeful of rolled steel price goes up gradually. Additional for the price from iron ore, this drop of iron ore prop up control in 130 dollars, at present the limit production cost of iron ore also is 130 dollars. Will look at present, iron ore price falls the possibility that cuts 130 dollars is less, of its price going firm also is to rolled steel price one is propped up. The city after looking into, we think in demand the circumstance of weak force falls, enterprise or adopt be restricted actively to produce go the move of inventory will defend the price; Additional, also be to coke one is propped up on cost. Hopeful of city coke price goes tall gradually after, scalar potential of upper part eye is in 2100 yuan of a gleam of. (the author is analyst of wide hair futures) responsibility edits: NF050