From the operation of downstream industries, major steel industries such as real estate, automobile, machinery, household appliances and shipbuilding still face great pressure, and their demand for steel is also restricted. However, after the home development and Reform Commission recently announced the approval for the construction of urban rail transit construction projects and a number of roads, ports, waterways and municipal projects, the pace of implementation of the policy of steady economic growth is accelerating, which will stabilize the increase of steel demand to a certain extent
the growth rate of real estate equipment investment continued to decline, and the growth rate of commercial housing sales changed from negative to positive. In the first three quarters, the national real estate equipment investment was 5104.6 billion yuan, a year-on-year nominal increase of 15.4% (the actual increase after deducting price factors was 13.8%), and the growth rate was 1.2 percentage points lower than that in the first half of the year and 16.6 percentage points lower than that in the same period last year. In the first three quarters, the national commercial housing sales reached 4035.4 billion yuan, an increase of 2.7%, down 20.5 percentage points from the same period last year. In September, the real estate equipment prosperity index was 94.39 points, down 0.25 points from August
recently, the executive meeting of the State Council called for strict implementation of differentiated housing credit, tax policies and housing purchase restriction measures, pay close attention to the study and formulation of a system of real estate market regulation and control policies that are in line with China's national conditions, systematic supporting, excellent technical effects, stable and predictable, promote the construction of protective and secure housing projects, and confirm that protective housing is fairly distributed to low-income people. In addition, the Ministry of finance, together with the home development and Reform Commission and the Ministry of housing and urban rural development, previously issued a subsidy of 39.572 billion yuan and 5 million households this year. Recently, the Ministry of finance again issued an additional subsidy of 5 billion yuan for the reconstruction of dilapidated houses in rural areas in 2012 to support some areas to complete the reconstruction of dilapidated houses of 600000 rural poor households
the automobile production and sales are not ideal, so we should be cautious in the later stage. According to the data released by China Automobile Industry Association, in September, the cumulative growth rate of automobile production and sales fell first after improving for eight consecutive months, and the sales growth rate was again lower than that of the same period last year. According to the data, in September, the production and sales of automobiles were 1660900 and 1617400 respectively, with a month on month increase of 10.6% and 8.2% respectively, a year-on-year increase of 3.7% and a decrease of 1.8% respectively. In terms of output, the year-on-year growth rate fell again after August, and the year-on-year growth rate of sales of straight seam steel pipe manufacturers was another negative growth except January this year. In the first nine months, the automobile production and sales were 14.1312 million and 14.0923 million respectively, an increase of 5% and 3.4% respectively over the same period last year, and the growth rate decreased by 0.2 and 0.7 percentage points respectively from January to August
at present, car prices are also falling. According to the monitoring data, in September, the price of the national automobile market mainly decreased, and the prices of domestic cars and purchased cars both decreased. At the same time, it is believed that judging from the current trend, the domestic automobile price will continue a slight downward trend in the fourth quarter. The unsatisfactory production, sales and price of the automobile market will affect the demand of the steel market
the machinery industry is expected to rebound. Due to the insufficient commencement of engineering projects and the continuous downturn in demand, the machinery industry has been having a difficult time since the second half of 2011. The recently released PMI index of general equipment manufacturing industry began to rebound, and other important indexes of the industry also rebounded, indicating that the prosperity of the machinery industry has entered an inflection point. With the arrival of the peak season, the industry is expected to pick up. Data show that in September, the PMI index of general equipment manufacturing industry reached 47.5%, up 3.1 points month on month. In addition, the one-to-one equipment manufacturing PMI index was 43.9%, up 5.2 points month on month. The index has been below 50% for seven consecutive months. Under the general tone of steady growth in Jiayuan, the Jiayuan development and Reform Commission has accelerated the approval and approval of a large number of projects. In the future, China still has great room for improvement in urbanization and infrastructure construction, and the machinery industry will benefit, especially the construction machinery industry is expected to get out of the trough first
