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.