2011中国钢铁市场展望.pptVIP

Given the regulations, concerns arise on declines in housing industry investment growth, but during Jan- Aug, floor space of newly started buildings still grew 66%, and investment growth in real estate topped 36.7%, better than estimates in Q2. The situation is not that bad taking account of current situation and accelerated construction of affordable houses. * Based on steel productions in Jan-Aug period, integrating with forecast of market vibrations thereafter, we estimate this year’s steel output to be around 630mln tons, a 10% increase y-o-y. And the demand will also outstrip forecast.