The increase in world steel prices continued to rise today to make property developers began to recalculate the value of their investment spend. "Because the steel is the second largest component in the project property" said Teguh Satria Chairman of Real Estate Indonesia (REI).
The increase in steel prices has been beating the attention of the developer of the planned increase in electricity tariff (TDL) by 15 percent in July. Teguh said the largest component of the cement accounted for about 20 percent of the cost of production or construction of houses. Although stainless steel to 20 percent, but he said the impact would be quite significant. You see, steel including commodity prices are like a locomotive.
"The influence of very large steel prices to price trends of other components" explained Teguh. That is why worry about the price of production continue to haunt.
Nevertheless, the claim Teguh can not predict the effect of rising world steel prices on the selling price of the property. "We see the trend down for some time to come or at least in March of this" he said.
Emerging steel prices in recent years, advanced Teguh, a menggeliatnya impact of development in China. Bamboo curtain country is now indeed was eager to do infrastructure projects and property.
As a result, the world steel supply is absorbed quite large. At the same time, the world's steel production capacity was not increased. Some steel-producing countries have been admitted to maximize utilization.
"We've been producing the maximum, not even had time to export because it is absorbed in the country" said Irvan Kamal Marketing Director of PT Krakatau Steel.
Demand for real steel production Krakatau Steel until late last year is approaching 225 000 tons per month. By utilizing production capacity by 90 percent, Krakatau Steel could produce up to 200,000 tons of steel per month.
KS expect international prices for steel plate is black in June 2010 could penetrate U.S. $ 700/ton, up 40 percent compared to projections in price during this month at U.S. $ 500/ton.
The increase in steel prices has been beating the attention of the developer of the planned increase in electricity tariff (TDL) by 15 percent in July. Teguh said the largest component of the cement accounted for about 20 percent of the cost of production or construction of houses. Although stainless steel to 20 percent, but he said the impact would be quite significant. You see, steel including commodity prices are like a locomotive.
"The influence of very large steel prices to price trends of other components" explained Teguh. That is why worry about the price of production continue to haunt.
Nevertheless, the claim Teguh can not predict the effect of rising world steel prices on the selling price of the property. "We see the trend down for some time to come or at least in March of this" he said.
Emerging steel prices in recent years, advanced Teguh, a menggeliatnya impact of development in China. Bamboo curtain country is now indeed was eager to do infrastructure projects and property.
As a result, the world steel supply is absorbed quite large. At the same time, the world's steel production capacity was not increased. Some steel-producing countries have been admitted to maximize utilization.
"We've been producing the maximum, not even had time to export because it is absorbed in the country" said Irvan Kamal Marketing Director of PT Krakatau Steel.
Demand for real steel production Krakatau Steel until late last year is approaching 225 000 tons per month. By utilizing production capacity by 90 percent, Krakatau Steel could produce up to 200,000 tons of steel per month.
KS expect international prices for steel plate is black in June 2010 could penetrate U.S. $ 700/ton, up 40 percent compared to projections in price during this month at U.S. $ 500/ton.
