as the bank half year appraisal approaches, the market for steel capital chain problems attention again in ascension. speculation in recent days, test pressure, the bank has begun to test, the risk of some steel mills may further reduce the credit line, steel capital chain in the near future may face the test.
the relevant person in charge of mountain steel group, laiwu iron and steel recently told futures daily reporters, since in the first half of last year, steel mills funds have been nervous. is expected in the second half of this year to the next year, iron and steel industry chain's money problems will gradually to upstream transmission. , however, he also stressed that the bank is not for steel mills closed measures, "what is the current situation in the steel mills, some steel mills especially private steel mills for environmental requirements implementation does not reach the designated position, loans may be affected, key mills there won't be a big problem".
insiders at a commercial bank in east china also confirmed that idea. , he said, under the background of the domestic economy downward pressure, bank loans of any industry has a more cautious attitude, as in industries with excess capacity, iron and steel industry to its banks tightening credit also is inevitable, but it is not closed completely.
in the industry point of view, the current full bank credit tightening steel is not reality, but the limit of credit, take credit situation is relatively common. in tangshan, for example, because the bank credit limited, take credit, plus some large state-owned enterprises comprehensive stopped the tray funding of small steel mills, some steel mills have been discontinued and local failure phenomenon.
facing the same problem and private steel mills in shandong district. sources said a few days ago, shandong region has a tube mill for bank loans into production in crisis. in fact, as early as march this year, the china banking regulatory commission has made it clear, to tighter credit controls excess industry capacity.
according to futures daily reporter understanding, at present the bank loan policy for the steel industry is the major steel mills to maintain the original state, for the small and medium-sized steel mills are reducing as appropriate. "banks tend to be credit 1 billion yuan, and actually lend only 800 million yuan, the banks are lending to the private steel plant in east china." a industry declined to be named said.
directed against bank market for steel mills closed, cic black metal futures researcher liu huifeng thinks, even if the bank to steel mills have closed behavior, it is only for individual steel mills, does not appear large suspension phenomenon. however, he also said that small and medium-sized iron and steel enterprises in the second quarter of this year the money will not in the first quarter, it will be for some small and medium-sized steel mills is a great challenge.
the reporter understands in the interview, in the context of severe credit, although the iron and steel enterprise's financing difficulty increases, but does not rise but lower the cost of financing. the mountain steel group told reporters that the steel melt to the shrinking of funds, but can get practical financing cost of capital is on the decline.
he also said that the bank will have half a year assessment, may result in steel mills to obtain credit further reduce, but the impact on the industry does not have the too big. "at present, although the price of steel products is low, but steel mills benefit is relatively better, now the day of the steel mills were better than at the beginning." he said.