Establishment of XIONGAN new area,it would benefit on iron ore,coal and non-ferrous metal mining industry development.
Here’s no doubt that large scale and high standard construction will drive the increase of steel demand.According to the planing area,the initial steel consumption increment is about 10 million tons,on medium term it can reached more than 20 million tons, corresponding the long process of steel mills for iron ore demand increase of 17 million and 35 million tons.Combining to China government’s implement policy of decrease surplus capacity,the part of consumer demand will give priority to high-grade steel ore.On the basis of calculate by citibank,if wanna to copy a new Shenzhen within next 10 years,it would need about 120-140 million tons iron steel.In the current domestic steel demand is about 700 millions tons per year,that means the total demand would increasing by 2% each year.
Establishment of Xiongan new area would form a strong support to steel demand,in the short term the news can be a lead role on steel’s price.Accompanied by the policy of decreasing overcapacity and environmental protection,it’s benefit of steel and iron ore industries.In the long term,high-grade iron ore will continue to be preferred choice of various steel mills.
After the news announcement,the price of non-ferrous price in China market firmed initially.
Changzhou Dingang Metal Mateial Co.,Ltd
Which has been in the line for many years and is known as one of the leading exporters of metal materials in China since 2002.
We are specializing in the production and sale of various specifications of the color coated aluminum plates. After years of rapid development, the company has 6 the most advanced preliminary roller coating production lines, and tension levelling, cleaning, coating, embossing, cross-cutting, slitting, wave cutting, etc. The annual processing capacity of us is more than 100,000 tons.
With advanced production technology, high-quality product quality, complete supporting Equipment, adequate substrate aluminum plate inventory, and the fastest and professional services, we are the first choice for our partner, our products sold at domestic and foreign customers.
In our trade with merchants of various countries,we always adhere to the principle of equality and mutual benefit.It is our hope to promote,by joint efforts,both trade and friendship to our mutual advantage.
Looking forward to receiving your enquiry soon.