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Cangzhou Junde Steel Pipe Co.,Ltd

Add: South of Qiantong Road, Cangzhou City, Hebei, China

Contact us:Sunny Yang

Phone: 86-13303171370

Tel: 86-317-8517170

Fax: 86-317-5527266

E-mail: export@jundesteelpipe.com

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The world economic recovery, the development of the steel industry ushered in a new round of peak

Nov 07, 2017

Recently, the Organization for Economic Co-operation and Development (OECD) released a report that the world's major economies are an unprecedented pace of growth, the euro zone growth to catch up with the United States, which raised China's economic growth this year to 6.8%.

 

According to the OECD, the global economy will grow by 3.5% this year and 3.7% next year. The two figures are slightly higher than the June forecast and the best growth since 2011. Experts said that the global economic recovery is an important signal for enterprises to invest.

 

The OECD is very optimistic about China's economic growth, China's economic growth in the next two years, respectively, from 6.6% and 6.4% to 6.8% and 6.6%, which shows unprecedented confidence in the Chinese economy.

 

The report raised the euro zone economic growth forecast in 2017 from the previous 1.8% to 2.1%, at the same level as the US growth forecast, while the US growth forecast remained unchanged.

Strong economic growth has a strong impetus to the development of the steel industry. At present, the domestic economy "steady progress, steady to the excellent" development trend is clear, the supply side of the structural reform effective, quality and efficiency work to achieve positive progress, "three to one down one" effect preliminary appearance, The economic momentum of the whole country is excellent.

 

As a result, the steel industry will maintain economic growth growth, steel demand remained stable. Coupled with steel production capacity and "land steel" clean-up work will continue to force, environmental factors on the steel industry will also have a certain impact. It is expected that the domestic steel prices will continue to be up.

 

In short, the current macroeconomic support for the formation of the steel industry continued strong domestic steel market demand continues to maintain, steel exports have decreased, the market price will run at a high level. Straight steel pipe, spiral steel pipe, seamless steel pipe, galvanized pipe and other steel production service providers Junde steel pipe companies and the majority of iron and steel enterprises, will be in the framework of national environmental protection policy to ensure production and environmental protection to ensure the organic coordination, Industry and business development opportunities.


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Contact information

South of Qiantong Road,Cangzhou City,Hebei,China

86-317-8517170

whatsapp: 86-13303171370

export@jundesteelpipe.com

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