Japanese media said, the aggregate data made by the World Steel Association on August 24 showed that in July global raw steel production kept year-over-year increasing for 15 consecutive months. In July, China the one that accounts for half of global production hit a record for 5 consecutive months. On the one hand, market’s sense of alert "steel winter" after the fall due to reaction is also rising. Is expected that in 2017 fiscal year, the performance of Japanese iron and steel enterprises will revive sharply, but the first half of the fiscal year the negotiating price of automobile steel sheet has basically reached to a foregone conclusion, the worries for prospects are intensifying.
Overall, the raw steel production in 67 countries and regions around the world in July increased 6.3%.Chinese speed is much higher than that number, that is more than 10%.The increasing speed of Chinese raw steel production is two times of that in June, and still keep increasing.
It reported that Chinese raw material production is 8 times as that in Japan. No matter on raw material purchasing or products sales aspect, Japanese companies’ ability of price negotiation is gradually weakening. Although Japan's blast furnace basically continued running at full capacity, but the profit did not increase as wishes, so that is the reason. So how to face the possible changes that may happen after the autumn in China? According to Chinese tendency, the severity of impacting to Japan is much more than the previous "steel winter”.