{"id":1607,"date":"2016-11-02T14:11:11","date_gmt":"2016-11-02T06:11:11","guid":{"rendered":"http:\/\/www.octalsteel.com\/?p=1607"},"modified":"2017-11-03T08:20:08","modified_gmt":"2017-11-03T00:20:08","slug":"steel-plate-manufacturer-profit","status":"publish","type":"post","link":"https:\/\/www.octalsteel.com\/steel-plate-manufacturer-profit\/","title":{"rendered":"China Steel Plate Manufacturer Start to Make Money"},"content":{"rendered":"<p>China Steel\u00a0plate manufacturer showed positive changes in the operation\u00a0with the effective promotion of steel reducing capacity, Steel plate\u00a0price rebounded, such as <a href=\"https:\/\/www.octalsteel.com\/api-line-pipe\/api-steel-plate\/\">API steel plate<\/a>, <a href=\"https:\/\/www.octalsteel.com\/api-line-pipe\/api-steel-plate\/\">carbon steel plate<\/a> \u00a0price and so on. The whole steel plate manufacturer turned from deficits to profit this year. Deputy secretary of the national development and reform commission said on 25th October. In his view, steel plate price sustained rising\u00a0was the first \u00a0improvement for \u00a0China steel \u00a0manufacturer developed environment.<\/p>\n<h2>Steel product price displayed\u00a0a rising trend<\/h2>\n<p>In the data, the whole steel product\u00a0price\u00a0displayed\u00a0a rising trend since 2016. As of October 21<sup>st<\/sup>, the steel product composite price index rose\u00a019.17 to 79.00. The key <a href=\"https:\/\/www.octalsteel.com\/\">steel product<\/a>\u00a0price, such as high line,\u00a0deformed steel bars,\u00a0<a href=\"https:\/\/www.octalsteel.com\/our-products\/api-steel-plate\/\"> hot rolled coil plate<\/a>, respectively rose 27.4%\u300127.9%\u300144.9% year on year. The whole level of steel inventory\u00a0was lower than last year. According to statistics, China main social steel\u00a0inventory\u00a0dropped 8.3% to 9.4 million tons year on year by\u00a0the end of September. It increased 0.79 million tons at\u00a0the beginning of the year, an increase of 9.2%. As the weather turns \u00a0cold, the fourth quarter of the steel product market gradually into the off-season demand. Social steel inventory will rise, but the whole\u00a0level will be\u00a0lower than last year.<\/p>\n<h3>Raw material rapid rose influence benefit of steel\u00a0plate manufacturer<\/h3>\n<p>It was worth noting that the raw material\u00a0phased\u00a0price rose too fast to influence\u00a0the profit of steel plate manufacturer. According to statistics, as of October 14, coking <a href=\"https:\/\/en.wikipedia.org\/wiki\/Coal#Coking_coal_and_use_of_coke\">coal<\/a> and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Metallurgical_coal\">metallurgical coke<\/a> prices rose by CNY 507 and 849 \u00a0per ton, up\u00a081.4% and 126.2% from\u00a0the beginning of the year. At the same time, \u00a0an increase \u00a0was 36.1% for steel price.<\/p>\n<h4>The government provide better support for steel plate manufacturer<\/h4>\n<p>In order to strengthen and enlarge a better trend of steel plate manufacture, the government\u00a0will focus on \u00a0three aspects \u00a0work:<\/p>\n<p>First, to deal with the relationship among steel capacity, structure adjustment and transformation promotion.<\/p>\n<p>Second, to create a fair and orderly steel product market environment.<\/p>\n<p>Third, to follow and analyze the price trend\u00a0of steel plate\u00a0manufacture, strengthen the prediction and prejudgment, ensure the steel plate price stable at a reasonable range.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China Steel\u00a0plate manufacturer showed positive changes in the operation\u00a0with the effective promotion of steel reducing capacity, Steel plate\u00a0price rebounded, such as API steel plate, carbon steel plate \u00a0price and so on. The whole steel plate manufacturer turned from deficits to profit this year. Deputy secretary of the national development and reform commission said on 25th [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3510,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[319],"tags":[69,93,94,32,95],"_links":{"self":[{"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/posts\/1607"}],"collection":[{"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/comments?post=1607"}],"version-history":[{"count":3,"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/posts\/1607\/revisions"}],"predecessor-version":[{"id":3600,"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/posts\/1607\/revisions\/3600"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/media\/3510"}],"wp:attachment":[{"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/media?parent=1607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/categories?post=1607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.octalsteel.com\/wp-json\/wp\/v2\/tags?post=1607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}