6/04/2007

[Manganese]China manganese ferroalloy industry now class features several notable and influencing factors

One of the international manganese ore resources on more serious. China's manganese ore resources will not be able to meet domestic production needs. Manganese prices have become decision manganese ferroalloy prices is the key factor, in other words, Manganese resources have decided manganese ferroalloy prices is the key factor, in other words, Manganese resources have decided manganese ferroalloy enterprises can sustainable development a key factor. Similarly, manganese alloy in fact the competitiveness of the enterprises will become manganese competition among enterprises in the iron-manganese pricing, iron and steel enterprises and between enterprises manganese intensity of the game will increase.
2, small-scale industries and enterprises and scattered, large-scale production. China's ferroalloy industry of low-level redundant construction serious problems. National ferroalloy production capacity now reached about 19 million. Involved in the production of enterprises with more than 1,500.
3, environmental protection has been improved, but production equipment is still backward. China's manganese ferroalloy industry in several major manufacturers because of earlier than the production of equipment relatively obsolete. environmental protection facilities not functioning normal. As China's strategy of sustainable development and the implementation of the environmental requirements, will become increasingly strict, The Environmental Protection Department is currently manganese ferroalloy industry should attach great importance to the issue.
4, at this stage, China's capital market, land market and the labor market are not mature and, at this stage, no capital, Land and labor price formation mechanism, eventually led to a series of cost distortion problems. For example, China's production of steel and manganese ferroalloy, the cost of the composition, the capital, Land and labor costs are distorted, the steel and manganese ferroalloy, the real cost is impossible without a reliable estimate out. This is probably a result of manganese ferroalloy industry and the iron and steel industries frenzied expansion of the deep-rooted causes. Of course, if the cost of capital has been underestimated, it will also lead to excessive flow of capital and excessive investment.
5, as China's economic reform and the constant deepening of the country's manganese ferroalloy costs constitute more international, More and more steel mills in the global search for a more stable system of manganese ferroalloy suppliers, We expect that China's manganese ferroalloy imports will be gradually increasing.

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