2013年12月23日星期一

Supporting steel companies to transfer abroad

Deputy director general of ministry of industry policy department MiaoChangXing pointed out that in the face of the iron and steel industry overcapacity, countries at the same time of speeding up its backward, also support supporting steel companies to transfer abroad.
MiaoChangXing said global steel industry development is not balanced, southeast Asia, Africa, central Africa,mill test certificate steel pipe ASTM A53/A106 tube Africa and other places of the development of iron and steel industry market space is very large, so the enterprise should cling to the silk road economic belt, china-africa cooperation, China asean free trade area, and other development opportunities, strengthen the communication with central Asia, southeast Asia and African countries, with infrastructure construction as the gripper, rebuilding, joint venture cooperation, overseas processing and distribution center construction pattern, etc.
For China's steel industry overcapacity problem, MiaoChangXing think lack of leading enterprises, the development order, not form the industry pattern dominated by superior enterprises.In this case, should remove obstacles cross-regional enterprise merger and reorganization, to speed up the support of financial capital, improve land management and employee allocation policy, promote the enterprise merger and reorganization.

2013年10月10日星期四

Crossover "drinking" or the best time

Industry bosses cross-border road to "drink" is not a royal road to learning.Last month, wahaha and guizhou RenHuaiShi government signed an agreement of liquor strategic investment,Hot dip Galvanized Steel Water Pipe thin wall tube the first phase investment of 15 billion yuan in RenHuaiShi liquor industrial park. Recently, the more the news that the company's brand of wine, or will be launched in November.

Then try to water as early as 2002, wahaha liquor business, with 2004 Jin Liufu channels had a marriage, the experience led to concerns that the wahaha invest heavily to worry.
On September 24,API 5L steel pipe wall thickness 50mm the agreeable lei agriculture have announced, proposed to contain the controlling shareholders shun xin group, not more than 10 specific object, for the price of not less than 11.86 yuan/share non-public is not more than 147 million shares, to raise no more than 1.743 billion yuan. And to raise funds will be used for most of the company wine corresponding projects.

In liquor-making industry status quo,Electric Resistance Welded carbon steel pipe wahaha and RongCheng group before the crossover "drinking" well-known outside the capital, there is no lack of well-known enterprises such as lenovo, d d group.

As main carrier of lenovo group, liquor plate of fenglian group, into the liquor industry, and has large capital "weapon",short radius 90 degree elbow at the beginning of 2013 to complete the acquisition of king wen gong wine made with wuling, plate city, Confucius home a total of four liquor brand. This legend in molding industry layout.

"Legend of the development of wine industry, the current remains to be seen. HuaZe group took the form of dealers, integrate more wine, the more successful." Yang Chengping yesterday, liquor-making industry experts to the "daily economic news" reporter said, outside the capital crossover into the liquor industry, the future will be more popular, but so far, there are few successful cases.Over the years, crossover into liquor-making industry well-known enterprise is not in the minority, but most of the development of tepid. In the future, with the depth of liquor-making industry adjustment, the timing of the cross-border "drink" or will come.

2013年9月23日星期一

Now more important to use of foreign capital quality, structure and benefit

Bulletin 2013 - August 1 business running situation and answer questions in our country. Commerce ministry spokesman Shen Danyang said at the news conference, horizontal well,Carbon steel elbow 180 Degree a234 wpb this year's utilization of foreign capital in China at the August use pinch slowed mainly related to the base of the same period last year, changes in individual data is not enough to reflect the overall situation, and now the use of foreign capital value quality, structure and benefit more.

In August, according to data from 1-2013, the actual use of foreign capital amount is $79.77 billion,schedule 40 galvanized steel pipe up 6.37% from a year earlier. In July, the actual use of foreign capital amount is $9.408 billion, up 24.13% from a year earlier (not including the banking, securities and insurance domain data); In August, the actual use of foreign capital amount is $8.377 billion, compared with only 0.62% growth.

August the use capital value growth dropped sharply in the last month, caused the media attention. "This change on monthly base of absorbing foreign capital with the same period of last year",ASME Carbon Steel Welding Neck Flange Shen Danyang pointed out that the absorption of foreign capital amount in August in July last year, less is more, this year 7, 8 months is just the reverse.
According to the analysis, in July last year, the actual use of foreign capital amount is only $7.58 billion, and in July, due to large part of the investment of enterprises with foreign investment investment focus in place, the actual amount that is as high as $9.408 billion; In August last year, the actual amount is $8.336 billion, and in August the actual use of foreign capital amount is only $8.377 billion. Year-on-year growth rate as high as 24.13% in July as a result, data, and data in August rose less than 1%, showed a larger difference.

Shen Danyang stressed that this "individual month data is not enough to reflect the change of foreign overall trend of change." Affected by the world economic situation, he said, since last year the global transnational investment overall relatively weak, and since February this year, China for seven consecutive months monthly absorbing foreign investment to maintain positive growth, 1 - rose 6.37% in August,schedule 40 hot dipped galvanized steel tubing has proved the competitiveness of China's economy in the considerable recognition of China's investment environment and international investors.

For the future situation of using foreign capital, Shen Danyang is expected over the next few months keep relatively stable situation, "the actual scale of investment is expected to be higher than last year for the whole year, but growth is unlikely to be fast."

Shen Danyang noted about the use of foreign capital, is now more important is not how fast growth, but whether to raise the quality and level, structure optimization, the overall economic and social benefits of leading role is enhanced.

2013年9月21日星期六

In August the national rail loading rate of record for two years

As China's economic recovery, rail freight data also finally had one bright spot. 17, according to China railway corporation from January to August, the national freight situation gradually improved. In August,SCH40 large diameter LSAW steel pipe the month of national railways daily loading number as the highest level since April this year, at the same time is also the biggest year-on-year growth since 2012 a month.

From January to August, 2.58786 billion tons of national railway freight mor. Which originated, 2.58253 billion tons of cargo and tra nsport mor 5.33 million tons. Freight total turnover finished 1.904025 trillion ton-km. Hohhot railway cargo volume rose to the highest of the whole railway network,Hot Pushed A234 Wpb Black Pipe Fitting elbow up to 7.3%. Taiyuan, xi 'an, kunming and urumqi railway bureau also achieved year-on-year growth.

In August, the physical demand of the whole railway network daily average of 170000 vehicles, year-on-year increase of more than 20000 cars, 190000 cars per day in late August, in particular, supply of goods are the obvious picks up momentum. In August,Electric Resistance Welded carbon steel pipe the national railway daily loading 133018 car, year-on-year increase of 2826 vehicles, is the highest level since April this year; Year-on-year growth of 4.4%, an increase of 5660 cars, is the largest year-on-year growth since 2012 a month.

Passenger side, from January to August,Ansi b16.9 end caps for oil and gas pipe the national railway transportation capacity of 1.42144 billion people, an increase of 10.9%. The scale of the whole railway network, in addition to Harbin, taiyuan railway transportation capacity fell by 3.2% and 1.6%, 16 other railway bureau (company) all have different degrees of growth. Among them, the highest increase of wuhan railway administration, up to 28.3%.

2013年9月15日星期日

Environmental changes affect the merger and acquisition (m&a) strategy

Shougang development institute, a participant who told the first financial daily "reporter interview, in previous years, API 5L X65 Steel Pipe mergers and reorganization has become a trend, many steelmakers are looking for some object of restructuring, mainly in pursuit of yield, because" production work means strength ".

But now the situation has taken place great changes, high output is no longer a strong earnings performance, especially in the steel industry at present stage is not good, may become a new burden after restructuring to come over. Cisa figures show that in the first seven months of this year, the domestic large and medium-sized steel mills revenue grew by 1.02% year on year, astm a234 CS seamless elbow R=1.5D profits of 2.842 billion yuan, after the break even sales profit margin of 0.23%. Among them, part of the loss, high asset-liability ratio of enterprise financing difficulty increase.

"At this stage, baosteel restructuring mergers, because the environment didn't solve well." Mr Xu said.

Shougang has also have experience. "Shougang also acquired many companies a few years ago, at that time considered decisions are also necessary, but now shougang acquire some enterprise benefit is bad, xs long radius 90 degree welded carbon steel elbow such as the lack of money, shougang company in addition to its own funds to help it guaranteed loans to also go, anyway have to help." These people said.

Learned, subject to the existing environment, seamless steel tube manufacturers shougang will temporarily won't consider mergers and reorganization of other enterprises in the short term, "is now the hand of every enterprise development is good, such as flush with cash, then thinking about restructuring" according to the market situation.

2013年9月11日星期三

Qinhuangdao anchorage ship breaking

Has released a set of macro data show that in August the national industrial output rose 10.4%, and August 1 - fixed asset investment grew by 20.3% year on year, also in August official 45 degree short radius pipe fitting elbows and HSBC have both positive and prove that the domestic economy is speeding up the recovery.The "industrial food" coal has earlier step benefit from macro economy improves. Yesterday, analysts said the ASME B16.9 45 Deg Long Radius butt weld Elbow Shanghai newspaper reporter interview, coke prices a total of 8.14% rally since the end of July, the price of coking coal, coke is still the continuation of strong. Thermal coal prices are no black steel seamless pipes xs astm a106 b tube obvious signs of recovery, but inventories have significantly lower route for qinhuangdao port, anchorage for the first time after the ship in the first half year more than 100, means that a larger downstream demand improvement. As the economy continues to improve, coal prices will stop falling stabilization and rebound.

"As China's demand picks up, will have a A53B ERW carbon steel welding round tube direct on commodities, including metal, pull," the people's livelihood futures analyst Huang Yin said that since July industrial production and capacity and power consumption data recovery, data import and export data, especially the import surge, and August 50.1 HSBC China manufacturing PMI, a four-month high, strong in manufacturing PMI also from 50.3 to 51.0, the Chinese economy presents a good recovery.

"This large mine in Shanxi Province and raised 10-20 yuan/ton, the cumulative increase of 20 to 50 yuan/ton." Yesterday, the coal tar business club industry analysts Lu diffuse the Shanghai newspaper reporter interview, said steel began to rebound sharply in June, and coke because of oversupply, rebound relative lag, stabilised in July to stop falling rebound. Recently, some steel mills to raise coking coal purchase price for the first time of the year, for coking coal prices to form the further support.

Analysts, according to the current steel market is still in the low inventory, the arrival of the high cost, manufacturing stabilization trending up obviously, by demand side support steel prices in the short term up to down. This situation will continue to drive the downstream industry capital.

2013年9月5日星期四

Before the end of September or have substantial progress

By the CSRC verbal notification "deferred to submit the" enterprise refinancing plan, investigate its reason, it carbon steel spiral welded tube has nothing to do with the enterprise itself, but it is not yet in the technology level of enterprise, refinancing opened to prepare.

The Shanghai newspaper reporters have been the news is ASME B16.25 Welding on the pipe end cap that the CSRC circulation department verbally notify related listed companies, to temporarily not to quote materials. The CSRC has the internal rules, such as declaration again.

"Enterprise refinancing never stop completely, but according to the national macroeconomic regulation and control policy, indeed interrupt for three years. Today, the refinancing of the financial carbon steel api 5l grade B tube means to continue on, this has no doubt." A published bond financing of listed company chairman secretary said, "but this is related to the problem of how to continue. Enterprise refinancing plan a large number of the newspaper, batch who doesn't? Want to have a unified view and guidance, this is fair and reasonable. As far as we know, there is currently no unified the CSRC within."

According to a number of industry insiders, the SFC's internal rules may not be disclosed, but internal execution. To complete set rules for the time, listed companies have different prediction. A St37.2 ERW Steel Pipe SCH40 pipe report was called for a moratorium on materials listed enterprise, relevant personage tells a reporter, estimated details completed within two to three weeks time. Another refinancing plan has been approved by a general meeting of shareholders of the enterprise, chairman secretary, said before the end of September, the market will see substantial progress of refinancing plan, the plan by the securities and futures commission official acceptance. However, there are listed companies is relatively cautious. "It is more complex, both must consider the current real estate regulation and control, and to return to financial market rule, it is not easy to find a balance." Sun shares officials said.

2013年8月27日星期二

Syria tension of crude oil rose 2.9% to $109.01

New York crude oil futures prices closed sharply up 2.9% at $109.01 a barrel on Tuesday, mainly due to schedule 40 hot dipped galvanized steel pipe investors' concerns about the United States and its Allies may interfere the Syrian affairs mood increased, at the same time worried about this situation will spread to other oil producing areas.

The New York mercantile exchange (NYSE) in October delivery of light crude oil futures prices rose $3.09, closed at $109.01 a barrel, up 2.9%. According to the financial information R=5D 45 degree long radius eblow provider, according to data from FactSet statistics this price in main contract since February 24, 2012, the highest closing price.

The london-based ICE futures Europe exchange for delivery in September brent crude oil futures prices rose $3.63, closed at $114.36 a barrel, or 3.3%, its highest close since the end of ASTM A234-WPB equal tee February. According to this calculation, the north sea brent crude oil futures and the difference between light crude oil futures in New York for $5.35 a barrel, the price difference on October 14, 2011, hit an all-time high of $27.88 a barrel.

The international energy agency (IEA) in Paris, a senior oil analyst Matthew Paris (MatthewParry) pointed out that traders fear "(Middle East) could" implode "thoroughly, Iran and Russia has magnified the worries of speech". But he also pointed out: "I think, oil prices have reflected the considerable risk premium, but the latest rally reflects concerns only strengthen, rather than worrying new factor itself."

In terms of the investment, the risk premium can be viewed as investors for investment risk, the required higher pay. Measure Risk, the usual method is to use the risk-free interest rate (Risk - freeinterestrate), that is, the interest rate of government bonds as a target to compare with other risky investments. Above the risk-free rate, this part is called the risk premium high risk investment to get high pay, low risk is low, the risk is proportional to the risk premium.

Support the development of transparent market

GobalORE gobalORE marketing manager ShangLong said to support the development of transparent market.

He pointed out that globalORE is a physical iron ore trading platform for the electronic, the goal is to support a liquid 5D induction bends 90 degree and transparency of the iron ore market, founded in 2012 by industry leaders such as baosteel, will be BHP billiton, glencore, hunan valin iron, ore, Rio tinto and vale of Brazil was launched, the existing 92 members, including the world including global steel, miners, and physical trading company (from Africa, Australia, Brazil, China, Europe and Japan). Since it was established in May 2012, 30, from the date of the iron ore on the globalORE turnover has amounted to 17 million tons.

GlobalORE is efficient, transparent, long radius butt weld pipe elbow rolling and security four big characteristics. Efficient refers to all transactions with the support of standard contract SIOTA = reduce the risk of contract negotiations and foundation; Transparent, is easier to compare prices, because different transaction under the terms of the contract and quality index is the same; Flow is refers to the market member community represents the global leader in the spot market participants; Security refers to the regulation of the monetary authority of Singapore, instantaneous trade execution, the A106 spiral welded steel tube manufacturer confidentiality of the market.

All the pricing information on the globalORE is decided in the buyer and the seller before the prices have been defined (quality, price adjustment and the terms of the contract), which is the market to decide price, globalORE will not price assessment, only after the trade effects of price adjustment is iron grade.

GlobalORE platform, as it were, as well as the price is transparent in daily, at the same time is also based on market members own views on the market a planning. It is important to note that in contrast globalORE quotation, please note that the reference foundation of iron grade and price adjustment formula. Because of the possible with other channels reported price is different.

2013年8月21日星期三

Gome in Inner Mongolia for ten years

22nd of gome gome as a national system of Inner Mongolia branch, since its foundation in November 2003, after 10 years of hard work and unremitting efforts, has now developed into a set of Hohhot, baotou, linhe, wuhai, ordos, wulanchabu, tin event, 10 to 20 sales outlets ASTM A234-WPB butt-weld carbon steel cap of the region's largest home appliance chain enterprises. Since founded, Inner Mongolia, gome constantly creating another myth, sales year after year break the Inner Mongolia region business enterprise sales records, with an average of more than 30% per year growth rate occupy half of the home appliance retail market in Inner Mongolia.

We have learned, on February 21, 2004, gome in the first store in Inner Mongolia were forced to advance the opening time at three in the morning, opened 3 days sold sold 12 million; Just two months astm a234 seamless carbon steel tee later, on April 24, gome baotou flagship store dressed up to two days sales breakthrough must mark; In the same year on September 4, gome baotou qingshan mall store opened, 3 days break must once again. These achievements in the retail industry in Inner Mongolia has the opening of the myth.

On June 29, 2007 to July 8, Inner Mongolia, gome electrical appliances with "friends forever" as the theme of "gome 2007 the 3rd summer festival". Gome also respectively in baotou of Inner Mongolia 5D induction bends 90 degree KunOu mall and Hohhot zhongshan mall two flagship store held a large bulk night market activities. Lasted nearly four hours, night market clinch a deal amount is above 3 million, successfully explained the entertainment marketing concept. Eleven "golden week", 2008, gome in Inner Mongolia ahead, take the lead in a large store sales closed, and big FuWuPai, 10 days sold sold 160 million yuan, made 11 of the war to a successful conclusion. In 2010, with "the new image, new upgrade, the new orientation, new environment, new products, new services, new experiences," seven new patterns, gome implement Bai Yunlu store daily sales performance of over ten million yuan, hit a home appliance industry sales of legend. In April, 2012, gome in Inner Mongolia to open marketing, launch purchase home jointly with China unionpay brush unionpay card at subsidized consumer promotion activities. From April to June, more than a month of time, gome electrical appliances co., LTD and China unionpay in Inner Mongolia, Inner Mongolia branch has launched the "May Day" golden week "electric charge purchase subsidies, subsidies to mark the fifth anniversary of the" unionpay shopping ", "section 62 card friends - rob brush cheap opportunity" three theme marketing activity, have achieved good publicity and sales, in the home appliance retail industry and financial industry in the implementation of the innovation of the cross-border cooperation and success. At the end of 2012, gome in Inner Mongolia tin event store opened a huge success, not only brought advanced products to the local home appliance retailing, advanced marketing idea, also makes the gome electrical appliances in Inner Mongolia empire to the extension in middle Inner Mongolia.

2013年8月20日星期二

Supply chain management confusion

The news that apple for foxconn production environment after serious questions about committed to "cut off relations with all Chinese suppliers of child labor".
Market rumors, in order to strengthen supply chain management, apple is trying to make its supply diversification, apple has also 6" sch80 galvanized carbon steel pipe adopted a "distant foxconn to pegatron" approach.

Tan small fang also told reporters that apple's supplier management, the cook had to talk about the policy of "checks and balances". Apple, for example, has cultivated the pegatron, as foxconn foundry rivals.However, with pegatron recently referred to labor problems, apple's supply long radius butt weld pipe elbow chain is "press the gourd ladle".However, in an interview with China business newspaper reporter also learned that in fact, apple's relationship with foxconn "unusual".

The personage inside course of study to introduce Chinese enterprises newspaper reporters, around 2000, apple was once management dilemma. That time, apple wants to cooperate with a Japanese company, but was rejected. Unlike other foundry enterprise, foxconn is bullish on the 180 degree elbow pipe fitting asme b16.9 steel elbow future of apple, so the effort to build the production line working with apple. That is to say, foxconn was apple's "big benefactor".

In addition, the reporter found that although repeatedly accused, exist for some illegal record companies, apple did not list from the supplier.Small fang tan pointed out that "apple to pollution of supply chain management is very chaotic, many suspected pollution of supplier and didn't get the effective punishment. Apple apple there are potential sources of pollution, many of the processes of apple's supply chain is expanding rapidly, more suppliers to expand capacity under construction in the new factory, so the pollution is caused by the rapid spread of apple products."

And the personage inside course of study, according to contract terms and apple through long-term cooperation and two-way choice, both sides can benefit. If they give up the existing contract, whether to apple or contract, it is difficult to accept, so in the short term is unlikely to have a lot of substantive change.Chinese enterprises newspaper reporter telephone call apple, also send E-mail interview, but were still did not get a reply.

The domestic bond market imbalance between supply and demand

Late in financing area under relatively pessimistic expectations, with asymptotic, inter-bank bond market continued dismal returns. Yesterday for more than 500 one hundred million yuan of local government bonds (hereinafter referred to as "local debt") the bid-winning rate hit a record high level, low bid ratio dropped to years. On the same day, high-profile 10-year yields to 4% mark.

Is a tighter liquidity on the one hand, on the one hand, is the bond interest rate is high, the bond market supply and demand imbalance continues. In the supply of close to $200 billion last STD seamless steel pipe ASME B36.10m tube week after the peak, in the rest of this week, there will be 20 billion yuan, 18 billion yuan agriculture development bonds, 30 billion yuan and 11.2 billion yuan of local government debt in shandong province for bidding, close to 80 billion yuan.

The local government debt by the ministry of finance agency tianjin, henan, yunnan, shaanxi provinces and cities, including 3 - and 5-year two fixed-rate variety, size is 25.3 billion yuan and 25.5 billion yuan astm a234 CS seamless elbow R=1.5D respectively, amounted to 50.8 billion yuan.

According to the central Treasury securities registration and clearing corporation (hereinafter referred to as "the debt's") announced yesterday, this three-year bonds varieties TouBiaoLiang 28.62 billion yuan, bid ratio 1.13 times; Five-year TouBiaoLiang varieties of 28.37 billion yuan, ASTM A234 socket welding pipe fitting tee bid ratio 1.11 times, both the local government debt and bid ratio low so far this year.

More notable is that interest rates. According to disclose, varieties of three-year bonds coupon or fixed in-terest rate 4.29%, in current five-year varieties coupon rate of 4.43%, as the highest form of local government debt was born in 2009, respectively, than the previous trading day of the secondary market yields higher than the 16.69 and 23.83 basis points. Twice in the same period last year compared with the period of local government debt tender, nominal interest rates rise by more than 100 basis points.Several interbank traders to "first financial daily" reporter said: "the current market environment, institutional configuration will slump, funds rate rising rapidly, the supply is so big, can be filled." On Thursday, under the huge pressure to supply, the export-import bank of China new debt-financed appeared flow standard.