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(完整word)历年考博英语模拟试题:考博英语阅读练习 (完整word)历年考博英语模拟试题:考博英语阅读练习 (完整word)历年考博英语模拟试题:考博英语阅读练习 历年考博英语模拟试题:考博英语阅读练习 SteelcompanyvaluationsarepoisedforafallasincreasedChineseoutputiscuttingitsrelianceonimportedsupplies。 China,forlongthemaindriverofsurgingdemand,ismakingmoreofitsownsteel,causingapotentialexcessofsupplyinotherpartsoftheworld。 SharesinBlueScope,Australia’’sbiggeststeelcompany,dropped15percentonFridayafteritwarnedthatprofitsthisyearwoulddropsharplyduetohighersteelproductionfromChinaspillingintoworldmarkets,especiallyinAsia. SharesinThyssenKruppofGermanyfell,alongwithothersteelcompaniessuchastheAnglo—DutchCorusandLuxembourg’'sArcelor,asinvestorsreasonedthattheBlueScopewarningcouldhaverepercussionsforsteelmakersglobally. LastmonthUlrichMiddelmann,deputychairmanofThyssenKruppwascomplainingaboutthehighpriceofmanymetalscompanies. Now,however,hemaybecheeredbythefactthatsomeofthesteelmakershemightbekeentopurchasewouldsoonstarttolookmoreaffordable。 Afterarecentspateofconsolidationintheindustry,manysteelmakersarelookingatacquisitions. LargegroupssuchasArcelorandMittalSteelhavesnappedupsmallercompaniestogivethemselvesmorepowertodictateprices。 Afterdoublinginmanymarketsinthepreviousthreeyears,averagepricesforsteelfellinthefirstsixmonthsofthisyear。However,theyhaveedgedupinrecentweeks,helpedbyanincreaseinmanufacturers’’stocksintheUS. Thattrendnowlooksalmostcertaintogointoreverseinthenextsixmonths,eventhoughthefallinpricesseemsunlikelytobedramatic. ThebiggestculpritforthelikelypricedeclineishigherproductioninChinawhichisnotbeingmatchedbystrongerinternaldemand.Asaresult,accordingtoCRU,netimportsintoChinaofsteelsheetanimportantindicatorfortheindustrywillfallfrom23mtonnesin2003to6.5mtonnesnextyearand4。2mtonnesin2007. ThelikelyfallinsteelexportsfromothercountriesintoChinadoesnotlookallthatgreatbutitpromisestobeenoughtoinfluenceglobalpricingtrends。 一、参考译文 世界钢铁企业的市值将出现下降,因为中国钢铁产量持续增加,令其正在减少对进口供应的依赖. 长期以来,中国一直是钢铁需求飙升的主要推动力,但当前中国自己生产的钢铁增多,导致世界其它地区可能出现供应过剩. 澳大利亚钢铁公司BlueScope的股价周五下挫15%,此前因
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