Stimulated by the continuous growth of China's economy and booming demand in the international steel market, China's steel industry has developed rapidly since 2000. China's output of crude steel nearly quadrupled in the period 2000 to 2007, rising to 489 million tons in 2007 from 129 million tons in 2000, far higher than GDP growth in the same period.
The report studies all investment projects financed by 32 listed companies of China steel industry from 2000 to 2008, and summarizes the investment trend of China steel industry and the investment characteristics and investment trend of the companies as well.
We have a collection of more than 35,000 pieces of information, released by 1,500 Chinese listed companied, on investment projects financed by fund raising and non fund raising since 2000. After the information is processed by software and studied by analysts, the investment direction report concerning various industries is completed, which is classified by time, region (province, autonomous region and municipality), by purpose and by sector.
Investment Projects of China Listed Steel Companies, 2000-2008
Starting from 2000, China steel industry has gone through a rapid growth in newly increased investment. It took China's annual investment in steel industry only six years to jump to CNY100 billion from CNY10 billion in 2000. However, the year of 2007 witnessed a sharp decline in such investment. On the basis of the investment performance in the first half of 2008, the total investment of China steel industry is expected to continue falling this year, due to impact of skyrocketing prices of raw materials in international market, including iron ore, and adjustment of national export tariff policy.
Investment Distribution of China Listed Steel Companies by Region 2000-2008
Top 10 of China Listed Steel Firms in Terms of Investment, 2000-2008
Annual Investment of Baosteel, 2000-2008
Investment Distribution of Baosteel by Segments, 2000-2008