Wednesday, December 25, 2013

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.

Sunday, December 22, 2013

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.

Thursday, October 17, 2013

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.

Friday, October 11, 2013

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.

Monday, September 30, 2013

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%.

Thursday, September 26, 2013

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.

Monday, September 23, 2013

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.