Sunday, January 19, 2014

China's e-commerce transaction volume has ranked second in the world

"Domestic steel trade business crisis is really bad, but for the development of steel industry e-commerce, promote the iron and steel circulation of short chain, is very good."Ministry of industry and informatization advance,China carbon steel pipe for ship building net deputy director of the department of Dong Baoqing think so.Relevant data shows, at present, the Chinese e-commerce transaction volume has ranked second in the world, second only to America.According to the current momentum, may in this year, more than the United States, to become the world's first big e-commerce.Comprehensive "business-to-consumer" in the field of consumer goods and means of production in the field of "B2B", China's economic power quotient index has more than 10%.

"The point is very important, it is a critical point and the tipping point."Dong Baoqing said.In China, the electricity has already from a local economic phenomenon in the past,PN10 rf pl flange din standard flange drawing expanded into a global economic phenomenon;From circulation industry extended to manufacturing, and further extended to services and finance.Electric business impact on the economy, therefore, is a "global, drive, led and fundamental".According to the personage inside course of study introduces, "B2B" of steel industry has developed rapidly, has become an area of the investment community concern.In all industries, steel could walk in front of the electronic commerce.

In recent years, the domestic traditional steel trade industry experienced a crisis.According to the China federation of logistics and purchasing association President He Liming, China's steel industry are continuing slow growth situation.As a link between steel mills and the downstream customers of the iron and steel traders and logistics enterprises, facing default payment for goods orders delay, tight,varnish paint carbon steel A106B seamless round steel pipe thin margins, capital of all sorts of problems, such as an inventory investment, a batch of small and medium-sized companies exit the market.

Monday, January 13, 2014

Hebei iron and steel oath turnround for the steel industry

In fact, teamed up with posco into LED in tanggang planning as early as in the first half of last year,CS Piping and plumbing fitting china supplier and at the time of tanggang chairman yu yong, from the initial negotiation to subsequently signed a letter of intent for cooperation and sign the joint venture contract, are involved in.According to people close to tangshan, "LED industry is tangshan is a very important part in the steel industry planning project".

Tangshan and posco LED by talking as early as May 2013,7D Butt Welded Bend Pipe fittings the two sides signed a letter of intent for cooperation on June 3, 2013, on September 12, 2013, signed a joint venture contract.

Data shows, yu yong had been in tangshan, the successive iron mill of tangshan company director, assistant general manager, deputy general manager, general manager, and in 2012, President of hebei iron and steel group general manager, vice secretary of party committee,Hot rolled carbon steel seamless pipe and hebei tangshan iron and steel group company chairman and general manager.
It is worth mentioning that in December 9, hebei iron and steel group has experienced an earthquake, the hebei provincial party committee, the provincial government announced that yu yong succeed wang as chairman, party secretary.

Wednesday, December 25, 2013

Policy logic and the market rules

In 2013 real estate regulation not to relax, but prices are operating outside the control of expectations.Different focus of experts tend to agree that the supply and demand relationship eventually played a decisive role,sch80 carbon steel Round tube suppliers and either positive or negative role in the regulation policy.

If Mr. Ren review as early as in 2012, he was also in the supply and demand prices soaring conclusion is deduced.Just, in the logic of ren, there are many factors that affect supply and demand.

Comprehensive ren speech many times, in 2012 he determine prices soaring for four reasons.First of all, from 2006 in 2005 and the land supply surge decline seen in 2007, 2009 negative growth led to the 2010 land prices rise, and the statistics show that in 2012, the land supply negative growth continues to develop, so, after the round is followed by prices;Second, restrictions on hindered the second-hand housing supply,long radius butt weld 90 degree elbow thus increased the prices soaring.As a specific explanation is that because in 2007, 2009, prices soaring, have a sufficient supply of second-hand housing market, the diluted to a certain extent, the rising cost pressure.But by 2013, by increasing the second-hand housing supply meet the market demand of way also had been blocked by policy;Third, the key problem is that the restrictions on did not restrict housing demand, in 2012, new home sales and ever so until March 2012, when the old land supply of inventory at the termination of the construction of new homes, the sharpening contradictions between the supply and demand, will lead to prices soaring.Fourth, the land price kidnapped house prices.In the words of Mr. Ren, "new (local) government may be more hope prices, or the scale of local government debt in May wipe."

Sunday, December 22, 2013

Package has not yet been submitted to the state council

Environment tax legislative work has been a long time, but has not form a unified opinion report.
"If reported last year, there is no complete legislative, legacy to this year. But look from the record, 2012 environmental tax is not submitted to the state council, actually environment tax legislative work has for a long time, but has not formed consensus report,STD 1D carbon steel pipe fitting elbows for the legislative affairs office, because the plan has not been reported, so there is no supervision role."The legislative affairs office of the state council said.
But according to the state administration of taxation recently convened experts and scholars study the draft, the draft legislation can be concluded that environmental tax is underway in the demonstration stage.Legislation submitted to the state council general process is to solicit opinion to the society, and then formed within ministries preliminary demonstration, by dasheng ministry through the argument again, finally as requested by the secretary or director of the state council.

Thursday, October 17, 2013

But iron ore expansion has to meet peak

"Golden nine silver ten" this is a traditional steel industry busy season, but since September of this year, steel prices peak season is in decline, occasionally rise,API 5L X65 Steel Pipe and instantly fell back. Throughout 2012, iron and steel industry profit rate is only 0.04%.
At present, China is in the midst of the industrial structure adjustment. Energy intensive and highly polluting steel capacity under compression, corporate debt is becoming more and more heavy. By the end of July 2013, 86 key iron and steel enterprise's total liabilities is 3.03 trillion yuan, total assets ratio is about 69.4%. , according to the key iron and steel enterprises are in working for the bank.
Struggling, iron and steel industry will spread to the raw material purchasing. Since this year, iron ore,Welding Socket Weld slip on flange coking coal and coke are present prices fell after the beginning of spring, bottoming out in May and August trend callback after the high jump, and the steel price trend of convergence.
Even so, the next two years, iron ore production capacity will remain large expansion. Platts energy is introduced, according to the Australian energy ministry of economic affairs,API 5L grb Oil carbon steel pipe Schedule 60 steel pipe is expected to iron ore will be a huge increase in new supply from 2014 to 2015. Australia is the largest iron ore producer, production accounted for 25%.
According to statistics, supply accounted for 40% of the world's three largest iron ore miner new capacity is estimated to be 100 million tons of iron ore in 2013, 2014 and 2015 new capacity is expected to reach 338 million tons and 165 million tons respectively. At the same time,ASME B16.9 std a234wpb pipe elbow the estimated fortescue, citic rich Thai emerging mine in 2014 and 2015, such as new capacity, 198 million tons and 43 million tons respectively. I.e., in 2014 and 2015 global total of new production is expected to be 636 million and 208 million tons.
Some major international investment bank forecast, due to the new production in the next two years more, the price of iron ore in 2013 was flat, there is a larger decline in 2014, the subsequent year will continue to decline, long-term contract prices will soon get to $90 / ton.

Friday, October 11, 2013

More than 400 million tons of iron ore is available for delivery

As another blockbuster variety in the domestic futures market, the iron ore futures traded on the date comes closer,api 5l grb welded steel pipe and tube various trading and settlement systems have also been perfect."First financial daily" reporter yesterday from the dalian Commodity Exchange (hereinafter referred to as the "exchange"), according to the iron ore futures market mainstream ore into the delivery system, price representative is strong, large range of products available for delivery, more than 400 million tons of iron ore is available for delivery. Iron ore of standard of all indicators set an upper limit, ensure that the buyer received the quality of the goods to be controlled.

In addition, the iron ore delivery set in bohai sea area of lianyungang, rizhao, Qingdao, tianjin, jingtang, six big port,astm a53/a106 gr.b carbon steel tube Sch 20 LSAW steel pipe caofeidian in tangshan inland at the same time, rizhao and lianyungang port Settings library. Based on the six port price gap between each other, each delivery point is not set up discount.

And listed on the United States and Singapore have iron ore futures contracts, dalian iron ore futures shall practise a system of physical delivery and delivery of bill of lading is noteworthy,long radius butt weld pipe elbow the iron ore is a physical delivery system, mode of delivery for the warehouse receipt delivery (warehouse and factory), bill of lading delivery in parallel.

Delivery of bill of lading in the universal attention of the market system, dalian iron ore contract designers said, for the buyer, the bill of lading delivery way can pick up the goods, in the hope of receiving so as to greatly reduce logistics cost. For the seller,Longitudinal Welded pipe and tube relative to the traditional warehouse receipt delivery, due to apply for delivery, can get the payment in advance, thereby saving the financial cost.

It is understood that China's iron ore production mainly concentrated in north China, northeast, southwest of the three regions, including north China ore output of 705 million tons, 2012 account for 53.8% of the total national output. Hebei, liaoning, sichuan, shanxi and Inner Mongolia is China's top five iron ore production provinces, five provinces in 2012 accounted for 76.6% of the country's total output.

Thursday, September 26, 2013

Supply pattern has been formed to import dependency are still high

Liu Xiaoliang pointed out that in the first half of China produced 357.53 million tons of pig iron,API 5L X65 Steel Pipe iron ore consumption of about 572 million tons of finished product. Over the same period, China's imports of iron ore 384.29 million tons, domestic output of iron ore, ore 646.39 million tons, convert the finished mine is 202 million tons.
He said that in the first half of the total supply 586 million tons of finished ore, iron ore products ore supply, is greater than the demand of more than 1000 1000 tonnes. In addition, iron ore imports in July this year to 73.14 million tons, 10.84 million tons more than in June, year-on-year growth of 26.39%, that month supply 10 million tons of finished products.

"The pattern of the iron ore market oversupply, preliminary already form, and will gradually increase." At present, the imported ore overall performance is: the increase of price falls,7D Butt Welded Bend Pipe fittings but not by much.

Market is expected by the end of 2013, four mines Rio tinto, BHP billiton, fortescue, vale will have a total capacity of 970 million tonnes (784 million tons of pig iron production), 2014, 2015 will reach 1.165 billion tons and 2015 tons.And mineral within can release. In 2013, domestic ore production is expected to reach 1.41 billion tons,ASTM A234 socket welding pipe fitting tee an increase of 7.5% or so; By 2015, the domestic mineral ores will amount to 1.6 billion tons, 2020 of 1.44 billion tons.

Liu Xiaoliang said that supply cost price for a long time, in the long run, the iron ore market price will return to the marginal cost. According to the existing planning, the future growth of world iron ore production capacity, will greatly exceed demand. However,Hot Expanded welded spiral steel tube affected by the high cost of domestic resources, the future dependent on imported ore will continue to maintain a higher level.

He predicts that the future iron ore more than 80% of the incremental, from Brazil, Australia. Brazil supplies China landed cost about $65 / ton, Australia supply China landed cost about $60 / ton. In China, the average production cost about 105 dollars/tons, of which $80 / ton below 40%, 80 ~ $100 / ton (25%), 100-120 dollars/ton (15%), 120 ~ 140 and more than $140 / ton, 10% each.