(2021年整理)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

历年考博英语模拟试题：考博英语阅读练习

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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

Steel company valuations are poised for a fall as

increased Chinese output is cutting its reliance on imported supplies.

China，for long the main driver of surging demand, is making more of its own steel，causing a potential excess of supply in other parts of the world。

Shares in BlueScope，Australia’’s biggest steel

company，dropped 15 per cent on Friday after it warned that profits this year would drop sharply due to higher steel

production from China spilling into world markets，especially in Asia。

Shares in ThyssenKrupp of Germany fell，along with other steel companies such as the Anglo—Dutch Corus and

Luxembourg''s Arcelor,as investors reasoned that the BlueScope warning could have repercussions for steelmakers globally。 Last month Ulrich Middelmann,deputy chairman of

ThyssenKrupp was complaining about the high price of many metals companies。

Now, however， he may be cheered by the fact that some of the steelmakers he might be keen to purchase would soon start to look more affordable.

After a recent spate of consolidation in the industry，many steelmakers are looking at acquisitions。

Large groups such as Arcelor and Mittal Steel have snapped up smaller companies to give themselves more power to dictate prices.

历年考博英语模拟试题：考博英语阅读练习

After doubling in many markets in the previous three

years，average prices for steel fell in the first six months of this year. However， they have edged up in recent weeks，helped by an increase in manufacturers'' stocks in the US.

That trend now looks almost certain to go into reverse in the next six months， even though the fall in prices seems unlikely to be dramatic。

The biggest culprit for the likely price decline is higher production in China which is not being matched by stronger internal demand. As a result， according to CRU,net imports into China of steel sheet an important indicator for the

industry will fall from 23m tonnes in 2003 to 6。5m tonnes next year and 4。2m tonnes in 2007。

The likely fall in steel exports from other countries into China does not look all that great but it promises to be enough to influence global pricing trends。 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％，此前因为中国钢铁产量上升已影响世界市场，尤其是亚洲市场，公司警告今年利润将急剧下降.

德国的蒂森克虏伯(ThyssenKrupp）股票与英荷哥鲁氏(Anglo-Dutch Corus)、卢森堡阿塞洛（Arcelor）等企业股票的价格相继下跌，因为投资者认为,BlueScope的预警可能会对世界钢铁业产生影响.