Hot rolled coil market supply

22:39, February 12, 2014 Shanghai Futures Exchange

　　 Introduction to Basic Knowledge of Hot Rolled Coils (II) - Market Supply of Hot Rolled Coils

1、 Production growth of hot rolled coils in China

Since 2005, the growth rate of hot rolled coil production in China has shown a flat decline. The output increased significantly from 2005 to 2007, with a growth rate of 32.4% to 36.1%; From 2008 to 2010, the growth rate dropped to 13.1% - 19.4%, but still maintained a rapid growth; The growth rate further dropped to 4.6-6.7% in 2011-2012, and picked up slightly in 2013. In 2013, the output of hot rolled coils in China was 182.707 million tons, an increase of 251.9% over 2005, and the compound annual growth rate reached 17%.

Data source: National Bureau of Statistics

2、 Distribution of hot rolled coil production by region

North China is the largest hot rolled coil production area in China. According to the data released by the National Bureau of Statistics, in 2013, the output of hot rolled coils in China was 182.707 million tons, including 74.195 million tons in North China, accounting for 40.6% of the domestic output, 48.836 million tons in East China, accounting for 26.7% of the domestic output, and 26.733 million tons in Northeast China, accounting for 14.6% of the domestic output. The output of central south, southwest and northwest regions accounted for 10.6%, 5.2% and 2.2% of the domestic output respectively.

Data source: National Bureau of Statistics

3、 Output growth of various specifications

From the perspective of specifications, driven by the growth of demand for cold rolled coils, the output of hot rolled thin coils (hot rolled thin wide steel strips and hot rolled thin plates collectively) still maintained a rapid growth. After 2011, when the growth of hot rolled coils slowed down as a whole, the growth of hot rolled thin coils was significantly higher than that of medium thick wide steel strips.

Production and growth of hot rolled coils and specifications in China from 2005 to 2013 Unit: 10000 tons

varieties		2005	2006	2007	2008	2009	2010	2011	2012	2013
Hot rolled coil	yield	five thousand one hundred and ninety-two	six thousand eight hundred and twenty point two	eight thousand six hundred and fifty-one point seven	nine thousand nine hundred and fifty-nine point one	eleven thousand nine hundred and ninety-four point two	fourteen thousand six hundred and sixty-nine point eight	fifteen thousand seven hundred and fourteen	sixteen thousand six hundred and eighty-nine point nine	eighteen thousand two hundred and seventy point seven
Hot rolled coil	Increase%	thirty-six point one	thirty-two point four	thirty-five point three	thirteen point one	seventeen point eight	nineteen point four	four point six	six point seven	nine point seven
Including: Hot rolled thin coil	yield	one thousand four hundred and eighty-five	two thousand three hundred and five point three	two thousand three hundred and fifty-three point seven	two thousand five hundred and ninety-four point six	three thousand six hundred and ten point five	four thousand three hundred and eighty point six	five thousand two hundred and ten point two	five thousand eight hundred and twenty-three point seven	six thousand two hundred and eighty-two point five
Including: Hot rolled thin coil	Increase%	thirty point nine	sixty-one point seven	twenty-seven	four	thirty point three	eighteen point three	nineteen	nineteen point five	nine point one
Medium thick wide steel strip	yield	three thousand seven hundred and seven point one	four thousand five hundred and fourteen point eight	six thousand two hundred and ninety-eight	seven thousand three hundred and sixty-four point four seven	eight thousand three hundred and eighty-three point eight	ten thousand two hundred and eighty-nine point two	ten thousand five hundred and three point eight	ten thousand eight hundred and sixty-six point two	eleven thousand nine hundred and eighty-eight point two
Medium thick wide steel strip	Increase%	thirty-eight point three	twenty-one point two	thirty-eight point seven	sixteen point seven	thirteen point two	nineteen point nine	-1.3	zero point eight	ten point one

Data source: National Bureau of Statistics

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