For diversified monetary system in the future

From the perspective of a global reserve currency over the past hundreds of years change,ASTM A106 Grade b SCH40 Seamless Steel Pipe a country's currency will not become the masters of the century ten thousand generation. Started in 2008 the global financial crisis and sustained the eurozone sovereign debt crisis has, including the world bank, most economists believe that just as the dollar replacing sterling, the dollar will eventually be more by the dollar, euro and renminbi currency system.

On business, the United States is the place that can not be replaced, not open around, which not only plays an important role in the international payments and foreign exchange transactions,Long Radius 90 Degree Bend Pipes what is more important as a reserve currency in the foreign reserve ratio is extremely high. From the IMF has released the official global reserve currency composition of foreign exchange (COFER) report, the total in the first quarter of this year the global foreign exchange reserves rose to about $11.86 trillion, in the allocation of foreign exchange reserves, the dollar accounted for 60.9%, will remain the dominant reserve currency.

But since the second half of 2013, the dollar reserve quarter by quarter decline to $3.76 trillion,HG20593-97 PN1.0MPa Raised Face Plate Flange Specifications and accounted for in the allocated reserve edged down from 61.8% last year to the current 60.9%. "If continue to fall, does mean that, by 2025, the dollar is going to be a secondary reserve currency, and the people's bank of China may accelerate the occurrence of such results, because its hold about half of the reserves in the world." Some economists think so.

China is Africa's largest trading partner RMB in non into "hard currency"

Set out on May 4, the state council premier li keqiang to visit African countries and the African union headquarters, this is li keqiang, his first visit to this year, is also a new government after the establishment,ASME RF/FF Welding Socket Weld slip on flange the prime minister's first visit to Africa.

China is the biggest developing country, Africa is a developing country most continents. In 2013, the total china-africa trade hit a record high, reached $200 billion (1.2429 trillion yuan). Since 2009, China has become Africa's largest trading partner for five consecutive years.Li said that before the visit to China to give full play to its own advantages,carbon steel seamless A106 steel pipe and pipeline actively participate in Africa's infrastructure construction, in order to improve the connectivity of the African continent.

Is known to all, from China to help African countries to build water conservancy, roads and other infrastructure, China has also provided a great number of aid to Africa and preferential loans, promote the development of the African countries' economies.

China-africa cooperation is now in the create "upgrade" time node, the two sides in the trade structure and changes of the financial sector has the new welcome cooperation,Schedule 40 Pipe Reducer Connector Dimensions long-term to do business in central Africa international bank, standard chartered bank (China) co., LTD. Chief executive Zhang Xiaolei, and the "daily economic news" reporter (hereinafter referred to as NBD) to share their ideas about the new china-africa economic cooperation and prospects.

The advantage of the eu's trade defense

Trade has doubled since 2003 to more than 1 billion euros ($1.3 billion) per day, but the relationship is often in a tense situation.The European commission last year to impose punitive tariffs on 12 cases of the settlement, seven pile involving China.In drafting the new rules,din 17175 st35.8 seamless steel tube Carrie DE gucht urged not to signal errors, or lead to trade defense seemed like a protectionist, and damage the delicate relations with trading partners such as China, Argentina.

Officials believe that the European commission, the proposal has enough the eu against China,schedule 80 black butt welded pipe fittings and alleviates the enterprise involved in the strong Asian trading partners of the concerns of the cases of reprisal.

"Eu trade defense has the advantage of its using measures of balance and appropriateness," Carrie DE gucht told the European parliament,ansi b16.9 a234 wpb sch 20 equal tee "the modernization program, the balance is still the key words."

Existing enterprises began to move

According to the relevant person in charge of of the national development and reform commission of jinan,jis b2313 elbow 45/90/180 deg east of the old industrial area mainly is the king of the LiChengOu near Mr. Scheeren, BaoShan offices, covers an area of 20 square kilometers, the district has about 90 companies.Including shandong iron and steel group, jinan blue star petroleum co., LTD. Jinan branch, jinan is suggested fertilizer co., LTD., shandong ductile iron pipes co., LTD., shandong duck group home appliance co., LTD., the treasure of holding group co., LTD., and so on dozens of large and medium-sized industrial enterprises, the industrial structure in iron and steel metallurgy, oil chemical industry, machinery manufacturing and other industries.

Zanu-pf jinan committee referred to in the proposal, the eastern old industrial enterprises in the area of the low level of industry and economic growth, enterprise backward technology and equipment level, technological innovation ability is not strong, infrastructure don't match,ASME B16.9 45 Deg Long Radius butt weld Elbow the ecological environment is relatively poor.In March 2013, 46 [2013] of the state council to the letter, issued by the national old industrial base and adjustment planning (2013-2022) ", points out that the old industrial base is refers to the "contents", "should" and "three line" construction period national layout, based on heavy industry backbone enterprises gathered to form industrial base.The old industrial base is the basic unit of the old industrial city.In the planning of teachnolosy of were included in the scope of planning.

"Jinan according to specific circumstances,natural gas spiral welding steel pipe will narrow to now the eastern part of the old industrial area for the pilot."The head said."At present, there have been some companies began to move, including chemical fertilizer plant of jinan people familiar with the original.

Indian iron ore exports in 2013 or in half

Indian iron ore exports in 2013 or in half, research institutions OreTeam, according to the Indian iron ore exports to reduce more than half 2013 to 14 million tons of the main reason is affected by goa mining and export bans.

But the situation would improve this year,CS Piping and plumbing fitting china supplier is expected to goa mining ban, imposed in 2012 to combat illegal mining, leading to the Indian iron ore exports by around 85% over the past two years.Before the Indian state of Karnataka (state) in 2011 launched a similar ban on mining.

Mining before the ban, India was the world's third largest iron ore exporter.The country's exports will help South Africa,black carbon steel butt welded concentric reducer and Iran more iron ore exports to China.OreTeam head of research at Prakash Duvvuri said: "OreTeam expects India iron ore export performance is one of the worst in 2013 years, 2014, the situation will be improved, but exports will not increase significantly."

Reported that 60% of China's urban air quality is not up to standard

At present, China's grim situation of environment pollution.According to the new standard, about 60% of the country's urban air quality is not up to standard.The data is written to the 12th five-year plan for implementing medium-term assessment report.In the 12th session of the standing committee of the National People's Congress of the sixth meeting held on August 25th the second plenary meeting,asme b16.5 slip on flanges a105 xu shaoshi, director of the national development and reform commission made the report.

Talking to the resource saving strengthening environmental protection, xu shaoshi said that two years before (outline),STD 1D carbon steel pipe fitting elbows per unit of GDP energy consumption reduced 5.54%, the strictest arable land protection system and water resources management system, unit of industrial added value of water to reduce 20% for two years.To address climate change work steady progress, strengthen the key ecological function areas, river source area and important water source protection, improve the ecological compensation mechanism, intensifying the compensation.

Meanwhile, xu shaoshi, environmental pollution present diversified pollution sources, pollution range expansion, pollution affect persistent characteristics.Traditional MeiYanXing atmospheric pollution is still severe, characterized by fine particulate matter and ozone compound pollution is increasingly serious,RF/FF welding socket slip on flange in accordance with the environmental air quality standards in 1996 based on the average 8 hours add value of concentrations of PM2.5 and ozone concentration limit, adjust the concentration of PM10 and no2, lead limit after the new standard, about 60% of the nation's urban air quality is not up to standard.

Industry is facing the most severe capacity test

Back in 2013 steel price quotation, at the end of February after year highs, from the beginning in March, all the way down, low hit a year until the end of June.Then, in July - August,schedule 40 hot dipped galvanized carbon steel pipe ASTM A106 once steel prices higher, but then shock downward.From the end of October so far, steel prices as a whole in a state of shock consolidation.
However, while steel prices trend looks, in fact this curve has been marching in the low post."By the end of October, steel price index have 11 weeks are below 100 points."Zhang changfu, vice-chairman of the disclosed.
What does it mean?Steel price index is calculated as the price of 100, 1994, that is to say, this year's steel prices have a quarter of the time below the price level in 1994.

Engineering machinery enterprises in overseas expansion

"2013 global engineering machinery industry conference" held in Beijing, 16 industry overcapacity as the parties to the agreement. However, a number of enterprise personage points out,spiral steel pipe ASME API 5L GR.B China construction machinery industry in the next few years will continue to maintain a certain growth rate. International strategy become the thinking of the development of Chinese engineering machinery enterprises, many companies have begun to expand overseas markets.
Increased competition demand growth
Zoomlion chairman Mr Zhan, points out that the global construction machinery industry is in a state of relative excess capacity, competition between enterprises is very fierce, companies need to innovate and adjust the product structure. Xugong group chairman wang agreed that in the next five years, both the global and Chinese construction machinery industry,schedule 40 hot dipped galvanized steel pipe the competition becomes more intense. The next five years will be China construction machinery industry a new round of "elimination period", have real competitiveness of enterprises.
Mr Zhan also pointed out that when China is lower than the double-digit GDP growth, construction machinery industry will be in a state of excess production capacity, at present China's GDP growth in the 7-8%, construction machinery industry overcapacity will continue. From the experience of the past few years, engineering machinery industry development speed is usually twice the national GDP growth.long radius butt weld 90 degree elbow If China's GDP growth to continue at the levels of 7-8%, construction machinery industry will grow at around 15%.
View is that in many ways, infrastructure investment growth is the inevitable result of the economic structure reform, but for manufacturing of severe overcapacity, rapid cooling does not appear, but remain relatively stable growth. Gao hua securities analysis, points out that most of the investment slowdown will appear in the field of general manufacturing and mining,schedule 80 galvanized steel pipe the two parts of investment in 2004-2011 respectively increased by 8 times and about seven times, and infrastructure investment increased by only 270%. Even if the future of investment in fixed assets may slow further, will continue to maintain steady growth. In fact, the recent China's high-speed rail, road, rail, urban rail transit and the municipal construction areas such as good, offer some support for engineering demand.

In high-end investment boom

Mr Xu, chairman of baosteel,SCH40 large diameter LSAW steel pipe China's iron and steel industry association, argues that although China's current steel demand growth rate significantly decreased, but is not negative, the peak has not yet arrived, estimate the inflection point is imminent, and peak is expected during the "much starker choices-and graver consequences-in"."Excess steel production capacity, is a kind of" sick "in the process of economic development, to suit the remedy to the case in time to heal." The reporter hears some industry experts in research, this metaphor. "Condition" mild, moderate and severe, steel production degree of "surplus" geometry? The industry is divided.

Between 75% and 80%, according to industry capacity utilization for mild overcapacity, between 70% and 75% for moderate excess capacity,API 5L gr.b erw carbon steel round pipe and less than 70% is serious excess capacity.

According to the China iron and steel association statistics, by the end of 2012, the domestic steel production capacity of about 976 million tons. Iron and steel technology in China in the recent economic high-end BBS, dean, chairman of the Chinese society for metals, the Chinese academy of engineering Xu Kuangdi said, according to a forecast by the end of the 12th five-year, China's steel demand will reach 680 million to 680 million tons,ASME B16.9 Butt Welded reducing tee equivalent to crude steel demand for 716 million to 750 million tons. From the current situation, the expansion of the iron and steel enterprises impulse continues, has started in 510, 2013, if all the above construction, design, planning, project put into production, China's steel capacity will reach 1.02 billion tons, overcapacity problem.

A boss believes that the iron and steel enterprise computing capacity, the key is to choose what kind of production base,Carbon Steel butt-welding equal tee now there are several versions of the industry, the real capacity is almost a fan. Steel project examination and approval as family planning, the boss is, to obtain ZhunShengZheng while the second and third "bastard", now they are grown up. , its first batch of building, there are too many "black", only 40% of the country's steel production capacity is approved, the other 60% of capacity is built before shipment, these production Numbers will leak system? Judgment is the steel boss, excess steel production capacity at present most likely has excess in moderate and severe surplus between, need on high alert.

However, some experts think, through the analysis of the relationship between capacity and excess capacity, and now the steel industry capacity utilization rate between 70% and 80%, so you can determine for excess steel production capacity between mild and moderate.

27 domestic commodities rise and fall

27, the domestic commodity price now, tracking commodity integrated performance of the mandarin commodity index fell.Data show that meal futures led, the main contract closed at 2488 yuan per ton,Long Radius 90 Deg carbon seamless elbow settled up on the previous trading day 57 yuan, or 2.34%, Coking coal futures led by the main contract closed at 1146 yuan per ton, settled down on the previous trading day 17 yuan, or 1.46%.

Specific varieties, non-ferrous metals is given priority to with rose: main copper futures contract closed at 52400 yuan per ton, or 0.62%. Main aluminum futures contract closed at 14300 yuan per ton,R=3D 45 degree Pipe Fitting Bend or 0.32%, Main zinc futures contract closed at 14800 yuan per ton, or 0.17%. Main lead futures contract closed at 14100 yuan per ton, or 0.04%.
But nearly all petrochemical goods fell: main PTA futures contract closed at 7776 yuan per ton, or 0.41%. Main methanol futures contract closed at 2920 yuan per ton, or 0.54%. Main coke futures contract closed at 1570 yuan per ton, or 1.2%. Rubber main futures contract closed at 20300 yuan per ton, or 1.32%.

Agricultural products,10 XS ERW carbon steel pipe china manufacturer soft goods movements now: each main cotton futures contract closed at 19900 yuan per ton, or 0.43%. Main sugar futures contract closed at 5103 yuan per ton, or 0.91%.Main oil goods also consolidation: soybean meal futures contract closed at 3692 yuan per ton, or 0.98%. Main rapeseed futures contract closed at 5159 yuan per ton, or 0.25%. The main soybean oil futures contract closed at 6982 yuan per ton, or 0.85%.Main grain goods, corn futures contract closed at 2322 yuan per ton, or 0.3%.

Panzhihua vanadium titanium shareholder loans for carrara mining and converted into equity

On the evening of September 23, panzhihua vanadium titanium announcement, on September 22, general manager of the company office,SCH40 large diameter LSAW steel pipe review and passed the wholly owned subsidiary of anshan iron and steel group (Australia) co., LTD., shareholder loans for carrara mining co., LTD and converted into equity of the bill, decided to saddle Australia as carrara provides additional shareholder loan of $30 million, and will saddle the Australian company to carrara provides a total of $60 million all shareholder loan into the equity of carrara.

Company announcement said, recently, the company received Australia's foreign investment review board (FIRB),Carbon Steel butt-welding equal tee and the saddle Australian companies to acquire 2.16% additional equity carrara, saddle Macao carrara company holds a stake to 52.16% without objection, approved will expire on November 13, 2014. According to the saddle and carrara, gindalbie Australian company has convertible affiliate shareholder loan agreement signed, the FIRB approval triggered the shareholder loan stock condition.Carla slant on August 20, 2007, in western Australia,Long Radius 90 Deg carbon seamless elbow Australia is engaged in the iron ore exploration, acquisition and sales. Saddle Australian companies and gindalbie each own 50% of its shares.

In obtain under the premise of FIRB, saddle Australian company will provide the second phase of a $30 million loan to carrara, carrara will repay gindalbie early inject a $30 million loan funds,Hot rolled carbon steel seamless pipe at the same time gindalbie repurchase saddle Australian companies no longer offer carrara the second phase of a $30 million loan, after obtaining the national development and reform commission approved, saddle will be two of the Australian company a $30 million loan to carrara share, agreed price is $4.31 a share. Carrara to saddle Australia issued 13907283 shares in the company have to pay card lala common stock. Saddle, Australian company will hold 52.16% of card lala outstanding shares (assuming no other equity transfer or assignment) happens.

The ship financing is still difficult

Now for many shipbuilding enterprises, ship financing is still difficult, API 5L X65 Steel Pipe financial institutions to shipping listed as credit regulation of key industries, shipbuilding ship price and deposit ratio fell sharply, the ship companies working capital increasingly tightens, therefore, in order to be able to maintain capital turnover and daily operation, even at a loss to do a lot of shipyard also willing to take new single, this causes a lot of cash flow is still plenty of shipping companies and investment option of bottom shipbuilding (speculation).

And part of the shipping companies to accelerate the shipbuilding, also is helpless. Vice President of China merchants group margin of profit Ming pointed out that in container shipping giant maersk to receive after the world's biggest container ship,7D Butt Welded Bend Pipe fittings because the cost of single ship fell rapidly and more competitive, forcing other liner companies can only followed by tightening order the ship, or can only be ejected from the market because of the cost is not competitive.

"From the perspective of the relevant data of supply capacity, container capacity grew by 6.6% in 2012,pipe fitting 45 degree LR elbows and 2013 new capacity of 1.6 million teu, more than 2008 new capacity of 1.57 million teu history records, the new capacity is equivalent to 10.3% of the world's capacity, at the beginning of" margin of profit Ming pointed out that despite the 100000 teu ship delivery delay to 2014, the global container transport capacity, there will be more than 7% of the net growth market excess capacity will be further intensified. And nearly 100 in the next three years 12000 teu ship giant - teu ship to be put into operation, accounting for 42% of the new orders,SCH40 large diameter LSAW steel pipe is now running 85% of capacity of the ship.
A number of industry insiders suggest, therefore, although the price of shipbuilding, now is the ideal time to bottom shipbuilding, but also to pay attention to the time of may make excess capacity continues to elongate, shipping companies want to bottom shipbuilding, best alignment with the market direction, choose suitable for their own and can improve the competitiveness of good form, on the basis of their own cash flow at the same time, the shipping market and there is no complete recovery after all.

About drawing foreign capital

August, 2013, 14480 set up the new batch of foreign invested enterprises, fell 8.22% year on year;astm a53/a106 gr.b carbon steel tube Sch 20 LSAW steel pipe The actual amount is $79.77 billion, up 6.37% from a year earlier. Month of August, the actual use of foreign capital amount is $8.377 billion, year-on-year growth of 0.62% (not including the banking, securities and insurance domain data). August 1 - the absorption of foreign capital has the following features:

One is the farming, forestry, animal husbandry, fishery and actualized fdi keep growing. 1 - August,JIS B2220 Blind Flange farming, forestry, animal husbandry, fisheries actual use of foreign capital amount is $1.111 billion, up 1.61% from a year earlier, in the proportion of the national total of 1.39%. Manufacturing the actual use of foreign capital amount is $32.634 billion, fell 3.27% year on year, in the proportion of the total 40.9%; Oil processing and coking and nuclear fuel processing industry, aquatic products processing, building ceramics manufacturing growth faster, year-on-year growth of 190.52%, 115.45% and 190.52% respectively. Actualized fdi amount is $39.725 billion, up 13.5% from a year earlier, in the proportion of the total 49.84%; The electrical machinery repair, entertainment services, radio,Industry Standard Welding Neck Flange film and television industry is growing rapidly, year-on-year growth of 229.92%, 194.54% and 229.92% respectively.

Second, the Asian countries/regions, European Union, the us investment in China to keep on growing. 1 - August, Asian countries/regions (Hong Kong, Macao, Taiwan, Japan, the Philippines,JIS G3454 spiral welded carbon steel pipe Thailand, Malaysia, Singapore, Indonesia and South Korea) to China actual investment value of $68.632 billion, up 7.87%; The $51.557 billion to invest in the mainland, Hong Kong, up 10.29%; Japanese investment in China of $5.562 billion, up 9.45%; South Korean investment in China of $2.296 billion, up 54.89%; Thailand's investment in China $472 million, up 516.94% from a year earlier. America's China actual investment value of $2.497 billion, up 18.04% from a year earlier. The European Union's 27 countries with China actual investment value of $5.437 billion, up 24.27%; With German investment in China of $1.741 billion, up 60.06%; The Netherlands to China to invest $892 million, up 24.81% from a year earlier.

Three is the actual use of foreign capital is growing rapidly. 1 - August, the actual amount of $66.83 billion in east China, up 5.0%; Central parts of the actual amount is $6.93 billion, up 10.9%; In the western region the actual amount is $6.01 billion, up 17.7% from a year earlier. 1 - August, absorbing foreign capital in the country, the eastern, central and western region accounted for 83.8%, 8.7% and 7.5%, respectively.

A rare earth industry groups have results by the end of the year

Ministry vice-minister Mr. Su 11 new champions in seamless steel tube manufacturers 2013 attended the world economic BBS annual meeting and the seventh summer davos BBS clearance, said the ministry is working with related departments to reinforce illegal rare earth mining and pollution control efforts, to form a large group of rare earth industry the end result will be released by the end of the year. The development of new energy vehicles continues to foster policy, reduce the cost of new energy vehicles eventually need to rely on the development of the technology. The ministry and the ministry of finance will jointly implemented more than 40, one hundred million yuan funds to support new energy automobile design, special battery development.

For the pollution problem of rare earth industry, Mr. Su said that the recent ministry in conjunction with relevant api 5l grb welded steel pipe and tube departments and local government behavior for centralized control of illegal mining of rare earths. The next stage, the ministry will spot check.

On August 7 this year, the ministry joint eight departments launched a three-month special operation regulation of ASME B16.9 45 Deg Long Radius butt weld Elbow rare earth industry. Related departments to "black list", through the establishment of rare earth management classify management, establish a long-term supervision mechanism, at the same time, by a large group of rare earth industry in order to improve the industrial concentration.

When it comes to the development of 180 degree elbow pipe fitting asme b16.9 steel elbow new energy vehicles supporting policies, Mr. Su said the work continues to advance, new energy vehicles all over the world face obstacles, not can be solved overnight. According to the relevant documents, the ministry of finance, ministry of science and technology, development and reform commission, ministry of industry and other departments after the start of the project of new energy vehicle demonstration the goal is to to 2012 domestic new energy automotive operations to achieve the market share of 10%. Mr. Su, according to new energy vehicles in 2012 to promote the annual task of unfinished, but this does not influence on automobile industry growth and consumption space.

Fleeing capital did not find the "paradise"

Due to the outbreak of the global economic crisis and the domestic economic recession, the coal market over ten carbon steel threaded connections tee years of the gold market, to continue to fall. In 2013, the coal price acceleration back. Major coal producing areas in Shanxi Province, and the overall economy faces a severe test.Most bureau officials 7D Butt Welded Bend Pipe fittings said, Shanxi Province, shanxi coal enterprises coal sale price has been close to the cost of production line, May 1 - nearly half of the coal enterprise losses, more than 1/10 of the coal enterprise to suspend production.

With coal group related jinhuagong coal api 5l x50 seamless steel line pipe mine head told the China enterprise news reporter, after all they have been to shanxi coal cities and counties, sales place everyday work "in addition to a cup of tea is reading the newspaper."Speaking of last year, officials had said with the coal group, the group's major coal mine with scaffolding structural steel tube mountain, rare to coal group to contact customers, even if someone come, also vanished again after inquiry.

In shanyin a coal boss said that before 2012, the coal market to heat up, he earned some money; But in the second half of 2012, he boldly out from coal mine. "The national economy is bad, coal-derived hot potato." He said.Huairen the coal yard investors Li Mancang told reporters that he nearly 5 million yuan loan before coal under the hoarding, steep price later for a long time also didn't sell, in the end he and many of his peers left in Shanxi Province.

Uncle and Li Mancang Li Erdan also grumble, nephew originally promised, he just has to do a good job in transportation, at the end of 2012, as a bonus, coal yard 2 tram car is his, but until this year in August, "don't say tram is wages are hard to guarantee".Left their villages mentioned to run home to open the experiences of coal, the people full of grievances, thought coal low price, a large number of hoarding, then choose the right opportunity to sell, can get big difference, can not think of, after entering 2013, the coal market weakness. "We can only hope 'coal' thirst." Li Mancang said.

"During that time, we are very confused. A coal boss tells a reporter, at this time, these emerging from shaanxi, Inner Mongolia coal provinces and the news, in local coal low barriers to entry, procedure is simple, less numerous coal inspection level of Shanxi Province, shanxi coal extremely advantage in comparison to the price. After considering, he resolutely left in Shanxi Province.

China intensify in Australia for mining

Shenzhen Zhongjin Lingnan nonferrous metals Co., Ltd. (Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd., hereinafter ASTM A234 socket welding pipe fitting tee referred to as: Zhongjin Lingnan) will buy-out Australia paley elegant Co., Ltd. (Perilya Ltd.). The deal for the valuation of a $269.3 million ($243.9 million).

Zhongjin lingnan already owns a 53.4% stake in zechariah. Hope to a $0.35 a share, the company says it has not yet been ASME B16.9 45 Deg Long Radius butt weld Elbow paley of remaining stake. Paley, in Australia and the Dominican republic operating base metals and precious metals mining. Zhongjin lingnan is China's third-largest zinc producer.

Zhongjin lingnan, said the purchase price with 10 XS ERW carbon steel pipe china manufacturer peja zechariah shares on August 30, compared with a 59% premium, closing and paley shares over the past three months, compared to the volume weighted average price premium of 109%. Stock on August 30, paley, in the Australian stock exchange suspended trading.

Although metal prices fell, but a ansi b16.5 class 150 weld neck flange series of deals in the past year, this shows that the metal mines in Australia still can lead to a strong interest in Chinese buyers. Rio Tinto Co., LTD. (Rio Tinto PLC) recently agreed to $820 million to Australia Northparkes sell most of the rights and interests of the copper and gold mine to luoyang luanchuan Molybdenum industry group Co., LTD. (China Molybdenum Co., hereinafter referred to as: luoyang Molybdenum).

China rarely king Holdings co., Ltd. (China Hanking Holdings Ltd., hereinafter referred to as: the Chinese king khan) earlier this year signed a deal to buy st. Barbara ltd. is located in western Australia's Southern Cross gold business. Last year, Shandong Gold Group Co., Ltd. (Shandong Gold Group Co.,) said that plans to acquire Perth Gold producers Focus Minerals ltd. a majority stake, Zijin Mining Group Co., Ltd. (Zijin Mining, Group Co., hereinafter referred to as: Zijin Mining) has made based in Perth, a subsidiary of a controlling stake of Norton Gold Fields.

The unit will send hundreds of pieces of be a month

In many people's eyes, the state is "Grosvenor LTD handsome" unit, high salary and good welfare and prosperity. When Chen ping or student, he also thinks so, but a good imagination after him into the "besieged city" all over the floor.Graduate student after graduation R=3D 45 degree Pipe Fitting Bend in 2011, Chen ping was admitted to China mobile in the municipal branch, zhejiang province, work in the network maintenance. Two years, he from 6 duty to 7 hillock, basic wage rose to 2000 yuan per month, plus performance pay, deduct the income tax, to more than 4000 yuan per month; Along with seamless steel pipe astm a106 gr b more than ten thousand year-end bonuses, that is all of his salary.

In the personnel structure of the company, more than 8 post and belong to the leadership positions, rely on the promotion and sch80 carbon steel Round tube suppliers competition. Chen ping against the steward "most sizeable hill" ceiling, salary of 60000-70000. In his words, "day also can, but it couldn't be better."

Previously, just when the induction, the unit will send hundreds of pieces of be a month, in the Spring Festival, the SCH160 Nominal Wall Thickness welded Pipe tomb-sweeping day and the Mid-Autumn festival is a bit more, a total of all the year round QiBaQian yuan, Chen ping to buy two of the father, enough to add a few pieces of clothes for mother, but this year, all of these hidden income drowned in "practise frugality" wave of reform.

And the welfare of the remaining, Chen ping remember company every year to pay card playing few thousand yuan medical bills, the rest is nothing more than "send a pack of red beans, spring and summer have a pack of mung beans, until the autumnal equinox in a box of moon cakes, goodies for Chinese New Year when a little."

Chen ping the only fortunately, at least as a regular worker. According to his observation, China mobile, the municipal company, the proportion of full-time workers only 15% - 15%, quite a part are dispatched workers and hire workers, their welfare is not good, and lower wages.

But also is a subsidiary of the state, the same two years seniority, ouyang life has much Chen ping shu xin. He is in a coastal branch of southern power grid grass-roots staff. The unit's YunHangBu consists of multiple patrol maintenance center, each center is equipped with 1 station, three shift supervisor and attendant several.

Ouyang is one of the man on duty, his monthly salary is not high, after tax 6000 yuan. In the past, in October, November, such as electricity season, he can get three times the salary, salary reform recently, after the gains be controlled within 30%, but before and after Chinese New Year, he can still get double pay sometimes even three.

Carbon into green technology to the data center

Green grid association (support green energy technology and energy companies global organization) to be released a white paper to calculate the carbon into green technology's influence on pipe fitting 45 degree LR elbows data center.According to the association of green grid part, according to a study of green environmental protection will increase the cost of electricity.
The following data is based on an assumption in the Midwest running of power plant.

If 25% of the energy is green, and ASME B16.9 Butt Welded reducing tee green electricity "hybrid" rates of carbon is $0.051 per kilowatt hour (kw - hr), carbon emissions by 25%.If green energy accounted for 50%, the price will rise to $0.063 per KWH, carbon emissions by 46%.

If 100% is green energy, the price will be as high as $0.093 per kilowatt hour, carbon emissions reached 95%.There is no Electric Resistance welding carbon steel tube doubt that, according to the new epa regulations, and control of power plant emissions of greenhouse gases will increase data center electricity costs, which could encourage data center energy efficiency.

Data center ready?

Application and content delivery technology as a service provider's technologies, environmental sustainability director nicole peill - moelter said, everybody attention to the data center energy efficiency is different.Global operations in data center, data center and use a third party. Although its data center's continuous efforts to improve energy efficiency, but some's use of some backward third-party data center, data center doesn't even have deployed some basic energy efficiency measures.

Corporate pre-trial devolved to change departments at the provincial level

The national development and reform commission recently issued the "notice on further improve the work of enterprise bond issuance, decided to the current corporate bonds by the national development and reform commission, the preliminary work, commissioned to R=3D 45 degree Pipe Fitting Bend departments at the provincial level, the national development and reform commission will in future make policy guidance, business management training and qualifications. At the same time, notice to further standardize the corporate-bond issuance behavior and puts forward the specific requirements to carry out the cultivation of clean government. The personage inside course of study analysis, the move at the same time, improve the efficiency of corporate bonds issued further against the market risk, help the health work of corporate-bond issuance.

Notice to further clarify the corporate audit program flow. Among them, the local debt enterprise according to the program will be after the issuance of the application materials submitted to Long Radius 90 Deg carbon seamless elbow departments at the provincial level, provincial level change departments should be completed within 15 working days is intended to work. Hair change department at the provincial level to pre-trial materials submitted to the national development and reform commission, for in conformity with the relevant provisions of the "classes" to accelerate and simplify the audit's application for bond issuance, the national development and reform commission will further improve the efficiency of auditing. For "appropriate scale and rhythm control class", "class" strictly audit issuance application, the high-frequency ERW carbon steel tube national development and reform commission according to the national macro economic and financial situation and the macroeconomic regulation and control requirements, dynamic adjustment to accept the threshold, the reasonable control the scale of the bond. )Based on previous corporate-bond issuance process, hair change department at the provincial level only responsible for corporate application materials information, on a comprehensive review of pre-trial work, issuance of materials is performed by the national development and reform commission. Owing to the heavy duty, pre-trial work so send pre-trial right down to the provincial department, is beneficial to the forces of change departments at the provincial level, further improve the speed for examination and approval of corporate bonds.

Request to prevent risks, the provincial development and reform commission (NDRC) department is responsible for the preliminary work, shall establish a comprehensive corporate credit commitment system, signed a corporate credit pledge, guarantee the issuance of the application materials after the pre-qualification submitted strictly conform to the requirements of the various policy, documentation is accurate, complete and default faithless promise pre-trial work problems to receive the corresponding punishment. The national development and reform commission will regularly pre-trial work of provincial quality spot check, the pre-trial strengthen supervise the guidance quality is not high, can recover the pre-qualification when necessary.

Four to 50 billion to issue bonds on its own

On its own debt issuance is between the agent and local completely independent transition between forms. According to the ministry of finance released the 2013 local government bond issuance by the measures for the pilot, still said "out" by the central finance, only made further defined in terms of underwriting, bidding
This year on July 4, the ministry of 6" sch80 galvanized carbon steel pipe finance to expand the scope of debt issuance by pilot, two new jiangsu and shandong provinces to issuance of the pilot. Earlier, four pilot areas of Shanghai, zhejiang, guangdong and shenzhen respectively. Over the past two years, four pilot provinces and cities to the size of the debt is not large, in 2011 and 2012, the issuance of 22.9 billion yuan and 28.9 billion yuan respectively, the average to each province only billions of scale.

And shandong as provinces of debt on their own for the carbon steel seamless eccentric reducer first time, the scale will reach 11.2 billion yuan, accounted for almost one-third of the places to issuance last year.
According to shandong financial department notice, the number of local government debt is divided into five - and seven-year score keeping fixed rate FuXiZhai two varieties, each species total plans to issue value of 5.6 billion yuan. Will begin on August 23, morning tender, on August 26, ASTM A234 socket welding pipe fitting tee began issuing and plan breath, release end on August 28.
Also according to the announcement, the new pilot to debt issuance this year, jiangsu province has reached 15.3 billion yuan, is expected to 9 to 10 months.

In 2012, China's total issued 250 billion yuan of local government bonds, which the ministry of finance agency issued amount is 221.1 billion yuan, Shanghai etc. 4 to issuance of 28.9 billion yuan, this year, the Treasury issuing local government debt scale plan for 350 billion yuan, in 100 billion yuan, year on year growth of 40%.