| "Economy": in 2009 the development of China's | | | | 22.48 trillion the previous year increased by 5.2 |
| steel industry the most difficult year, the | | | | trillion of fixed assets, an increase of 30.1%. Total, |
| international financial crisis, the traditional | | | | incremental, increase investment and create a |
| advantages of slowing production. However, the | | | | new high in 2009, China's GDP up 8.7%, of which |
| efforts of colleagues in the national iron and steel, | | | | investment in fixed assets increased 8 percent |
| the steel industry repeats similar success. Please | | | | driven contribution rate of 92.3%. Increase in |
| tell us, what are China's steel industry | | | | investment in fixed assets formation of iron and |
| development highlights? | | | | steel, steel huge market demand, the domestic |
| Luo: 2009, China's steel industry development | | | | market in 2009 564.97 million tons of crude steel |
| repeats similar success. I think that the success | | | | apparent consumption over the previous year |
| of the main highlights are four major changes and | | | | increased by 112.29 million tons, an increase of |
| a significant improvement. First of all, by the | | | | 24.8%, showing that China's iron and steel |
| decline in steel production to grow steadily. By the | | | | industry in the country Driven by the policy, |
| international financial crisis, 8 December 2008, the | | | | demand substantial growth, while stimulating the |
| country produced 192.196 million tons of crude | | | | development of iron and steel industry, on the |
| steel, less than the same period last year nearly | | | | other hand shows the development of iron and |
| 21 million tons, down 9.73%; in 2009 567,842,400 | | | | steel industry to implement the package, to |
| tons of crude steel producing country, than the | | | | achieve GDP growth of 8.9% guarantee of |
| previous year 6753.09 million tons, up 13.5%, | | | | making a significant contribution to national |
| China's domestic market, domestic steel products | | | | economic development. |
| to meet the rate of 97.43%, reversing the | | | | Again, China's exports and imports of steel |
| decline in crude steel production of the situation, | | | | products offset by net imports into the second |
| to achieve steady growth in total crude steel | | | | half of the first half of net exports. 2009, |
| production. | | | | shrinking international market demand, the steel |
| Second, the strong support of the national | | | | industry exports 24,596,500 tons of steel, billet |
| response to the crisis of the package plans. With | | | | 43,200 tons, equivalent to 26,209,600 tons of |
| figures, 8 December 2008 (the largest | | | | crude steel exports, a decrease of 38,036,900 |
| international financial crisis for some time) and | | | | tons, down 59.2%; the other hand, subject to |
| apparent crude steel consumption in the domestic | | | | exchange rate changes, 2009, 17.632 million tons |
| market (measured in the domestic market the | | | | of steel imports, steel billet 4.585 million tons, |
| concept of total demand) fell by 12.34%, in 2009 | | | | equivalent to 23,342,500 tons of crude steel |
| the country driven by the package, especially the | | | | imports more than last year 6,727,600 tons, up |
| significant increase in fixed asset investment, the | | | | 40.49 percent. 1 July 2009, total net imports of |
| domestic market, the apparent consumption of | | | | 1,853,700 tons, 8 ~ 12 months cumulative net |
| crude steel increased by 24.8% compared to the | | | | exports 4,720,800 tons, the annual calculation of |
| previous year. Bureau of Statistics data show that | | | | net exports of 2,867,100 tons of crude steel. |
| in 2009 the national total fixed assets investment | | | | |