瑞银报告指出,人民币贬值可提升钢材及水泥出口,有助推动收入,但原材料进口成本亦同时上升,预期人民币贬值对钢材企业带来负面影响,水泥行业正面影响非常有限。该行分析员预期,今年底人民币兑一美元汇率由早前预测的6.3降至6.5,明年底会进一步下降至6.6,认为中央不会让人民币走向完全市场化。根据数据显示,约40%钢材原材料铁矿石入口成本以美元结算,若人民币贬值5%,生产成本将上升 UBS report pointed out that the RMB devaluation can increase exports of steel and cement will help boost revenue, but the cost of raw materials imported also increased, the expected devaluation of the renminbi negative impact on the steel business, the cement industry has a very limited positive impact. Analysts at the bank expect the exchange rate of Renminbi against the U.S. dollar to fall from 6.5 at the end of this year to 6.5 by 6.3 and further decrease to 6.6 by the end of next year, believing that the central government will not let the yuan move towards full marketization. According to the statistics, about 40% of the cost of importing iron ore from steel raw materials is settled in U.S. dollars. If the RMB depreciates by 5%, the production cost will rise