- MOBILE：18503720950 （Mr.Han）
- EMAIL：[email protected]
- ADDRESS：Anyang County Solid milling Town Village in north
Talk about those things that affect steel exports.
Export has become the third largest supporting point for pulling steel demand. 2014 China's total exports of steel products 93926000 tons, an increase of 50.4%. A net exporter of steel 7941.58_wan million tons and billet, steel ingot total net imports of 34 million tons, crude steel equivalent about net exports 8414 million tons, an increase of 65.7%. 2014 total steel products exports accounted for 8.24% of the total supply of steel. In the first half of 2015 this year, the data increased to 9.38%, the role of exports in pulling steel demand is more obvious.
2015 at the beginning of steel products in the export tax rebate of boron steel is considered to be the most influential factors in 2014 steel exports, but through time, the impact of the incident on the steel exports is not as big as imagined. The entire steel exports in the first half still show strong momentum, in contrast to the entire import and export market, the first 7 months of this year, China's import and export value of 13.63 yuan, down 7.3% over the same period last year. Among them, the export of 7.75 yuan, down 0.9%; imports 5.88 yuan, down 14.6%; trade surplus of 1.87 yuan, expanding 1 times. In July, China's import and export value of 2.12 yuan, down 8.8%. Among them, the export of 1.19 yuan, down 8.9%; imports 930200000000 yuan, down 8.6%; trade surplus 263000000000 yuan, narrowed 10%.
And steel exports in the entire export products are outstanding. July 2015 China's exports of steel 9730000 tons, an increase of 840000 tons last month, an increase of 20.7%; 1-7 month China's total exports of 62130000 tons of steel, an increase of 26.6%. Lack of domestic market demand as well as the decline in economic growth has brought the market demand is expected to change as well as serious overcapacity is the main reason for a substantial increase in steel exports.
Event 1: active RMB devaluation
In the factors that affect the export, the exchange rate is one of the most important factors. China's monetary policy has been in the devaluation of the first cut since the second half of 2014, the Chinese monetary policy has entered the channel, which is one of the purposes of stimulating the export of industrial products in china. But by the dollar's appreciation and other factors, the RMB exchange rate on the rise, such as in the case of the rise, for example, in a year's time, the real effective exchange rate of RMB rose more than 14%. Because of the excessive appreciation of the renminbi against the dollar, which has led to a rapid decline in China's exports to these countries. This is one of the main reasons leading to the July foreign trade data hit a 4 month low. RMB exchange rate elasticity is insufficient, the degree of marketization is the main reason for the increase of the real exchange rate of rmb.
Since the beginning of last week, the RMB exchange rate depreciation of the channel, the 4 day of the RMB exchange rate depreciation of more than 3%. From the central bank to explain the view, more is to adjust the deviation between the spot price and the central parity of the RMB against the U. S. dollar central parity, to establish the degree of market and benchmark price of intermediate value, in order to improve the RMB exchange rate formation mechanism. In addition, there are three reasons for the rapid depreciation of the RMB exchange rate: first, after the failure of the stock market, the central government is to adjust China's financial market reform strategy, the exchange rate regime change naturally become a new breakthrough in domestic financial reform, two is the second half of the U.S. Federal Reserve interest rate is not only a big probability, and this trend is basically not changed.
Event 2: 16 measures to stabilize foreign trade
To further implement the "State Council on promoting the steady growth of imports and exports," requirements, recently, the State Administration of Taxation issued a circular, from 16 aspects of 4 specific measures to further improve the efficiency of export tax rebates, promote foreign trade facilitation, support foreign trade stable growth. Notice requirements, to speed up the progress of the export tax rebate, to ensure timely and full tax rebate, not to plan for the reasons for the delay in the export tax rebate. To actively explore the Internet + export tax rebate, the use of large data, cloud computing and other emerging technologies to further expand the depth and breadth of export tax rebate services.
This year, the State Administration of taxation through the implementation of export enterprise classification management, decentralization approval authority, simplify audit procedures, a clear export tax rebate work norms and a series of measures to effectively accelerate the progress of the tax rebate, support for foreign trade development. Data show that in the first half of this year, the national export tax rebate 656500000000 yuan, an increase of 12.4% over the same period last year, higher than the same period the growth rate of foreign trade. Export tax rebate is a major policy measures to encourage exports by the state. The tax administration to speed up the progress of the tax rebate, continue to optimize the export tax rebate management, accelerate the progress of the tax rebate, and support the steady growth of foreign trade.
Stable foreign trade not only rely on the introduction of preferential measures and targeted policies, but also by increasing the intensity of reform. With the steady growth of foreign trade policy will continue to overweight, dividend policy will continue to release, this year China's foreign trade situation is expected to turn for the better. As China's largest export industry, the steel industry in the steady foreign trade and export policies to benefit more obvious. Expected in the second half of China's steel exports is expected to continue to maintain rapid growth, the annual steel exports is expected to exceed the total amount of.