Economy situation to be seen

But the economy as a whole is big rebound carbon steel spiral welded tube trend, remains to be seen.At present many institutions expected industrial growth in August than in July continued to rise. Such as, speedy securities bocom August industrial growth is expected to 9.8%, 9.9% black carbon steel butt welded concentric reducer respectively, higher than 9.7% released in July.

However, united securities analyst Yang for Xiao believes that the current industrial growth is higher, is SCH160 Nominal Wall Thickness welded Pipe associated with short-term added industrial products inventory. The persistent difficulty is very big. Industrial production or there will be upward fatigue phenomenon, and in the fourth quarter carbon steel api 5l grade B tube fall risk.Bocom released according to the report, the current domestic industrial overcapacity is still grim, consumer demand is basically stable, did not see upward inflection point, weak stabilizing external demand, export boost has great difficulty, whole year is expected to industrial production rebounded sharply probability is not big. Our reporter learned that in September around the industry and the whole society from electricity utilization dropped sharply, like henan early September day power consumption, and in May this year.

Overall power and energy intensive industry is still weak. Henan province August 1 - all social power consumption of 193.3 billion KWH, up 4.57% from a year earlier. But four big energy-consuming profession 70.4 billion KWH electricity in henan province, reduce 2.91% year-on-year. Including aluminium, steel, chemical industry, building materials industry electricity year-on-year decline 8.03%, 1.8%, 3.74% and 1.8% respectively.

The price of coal is still negative. August producer prices for coal mining and washing industry negative growth of 12.4% over the previous year, fell 1.5%.For the growth of the whole society electricity so quickly, why not rising coal prices, China's coal transportation association consultant Wu Chenghou believes that the main reason is that power plant coal inventory is very big, at the same time generating hours is still very low. With rapid growth of electricity time is limited, "so the economy is still not real big rebound. For coal demand."

But xiamen university energy research center director Lin Bojiang thinks, industrial power occupy the lion's share of the electricity in the whole society, electricity in the whole society, means that the economy has rebounded, September electricity in the whole society is expected to continue to get better. As for coal prices fall, is not the problem of coal demand, but coal too serious excess capacity.