Foreign media focus on bilateral economic and trade

For ms merkel's visit to China for the seventh time, German experts and media believe that german-chinese relations "dynamic" at present,API 5L galvanized carbon steel pipe manufacturers hebei hold the power is one of the purpose of ms merkel's visit, and the economy will be the top of the visit.Deutsche welle web site indicates that no other European heads of government like ms merkel intensive talks with Chinese leaders. China is very important for the role of the German economy. Besides the United States, Germany has not been with any other countries outside Europe remained so close economic ties.

German think-tank Mercator Herman,45 degree short radius pipe fitting elbows head of China research center said, the important reason for the rapid development in bilateral economic and trade relations is the economic complementarity between the two countries. In Germany, he says, areas such as mechanical, chemical, and electronic product is needed for China at present stage of industrialization, and the consumer goods made in China is very popular in Germany.

In the field of investment, sino-german cooperation between the two countries is no longer a "one-way street", in recent years,Class 150lb Welding Neck Flanges ASME B16.5 more and more Chinese companies to invest in Germany. Herman believes that as China's enterprise investment activities are increasingly active in Europe, European countries also will be more and more fierce competition for Chinese investment.

Timocracy door opens

In the United States, is a nonprofit organization are categories related political organizations, known as the political action committee.Political action committee is divided into two kinds, one kind is ordinary committee,class 150 lb forging slip on flange nominal pipe size which support a political candidate or party fund-raising organization, its background and capital to all has the strict request according to the regulations of the federal election commission.

Another kind is appeared in 2010 known as the super political action committee organization, it can accept donations and infinitely spending these donations, and no public donation information; Is the only area this kind of organizations cannot put money directly funding to candidates, but can be by political ads or other means to publicize and promote,carbon steel seamless A106 steel pipe and pipeline and "end" government spending is typical among them.

On April 2, it is worth noting that this year the Supreme Court of the United States also cancelled the upper limit of personal donations to political contributions,Hot rolled carbon steel seamless pipe this means that any person can follow one's inclinationsly donations to all political candidates and parties, and other committee.This series of decision is expected to further improve the super rich donors in the United States elected political control.

South Africa's standard bank 20% stake

South Africa's Standard Bank (Standard Bank) mining and metals sector manager, colli (Rajat Kohli) said: "the state-owned enterprises and some excellent private enterprises send... clear information,JIS stpg410 seamless tube they open for African business."The biggest bank of China industrial and commercial bank of China (ICBC) owns 20% of South Africa's standard bank.

A weaker due to metal prices, tighter credit and government leadership transition, China's investment in Africa has been shrinking.Last year, according to industry estimates,black steel weld pipe 8 inch China's investment in Africa reduced about 10%.

Chinese officials questioned the success of overseas mineral mergers and acquisitions in the past 10 years.China mining association, vice President of Wang Guhua said last year, 80% of the investment largely failed.

Pricewaterhousecoopers (PwC) in Toronto mining department supervisor John gravel (John Gravelle),carbon steel 90-degrees angle welding pipe elbow said in the past year and a half, Chinese investors have been lick their wounds, but the Chinese government is "come back".

The fastest growing steel B2B realm

B2C developing rapidly in recent years, as the limelight, B2B is relatively a bit left out."B2B than B2C is much more complex", Dong Baoqing thinks, but the prospect of B2B far more than B2C,Carbon steel GI pipe and fitting "this (B2B) is a huge market, and many industry and the investment community concern area".Dong Baoqing, according to data released 2012 B2B trading volume is 6.25 trillion yuan, up 27% year on year, growth is far less than the 74.8% increase in B2C transactions, but it is four times the size of the B2C turnover of 1.32 trillion yuan.
Dong Baoqing pointed out that the current steel industry B2B is all production data in the field of B2B "the biggest, the fastest growing and also the fastest will be a mature industry",middle pressure seamless steel pipe and fluid pipeline "in all industries, steel e-commerce may walk in front".

He believes that this is mainly because the steel industry overcapacity, the industry into the era of supply is greater than the demand, this formed a very important driving force of the steel industry e-commerce development;In addition, the steel circulation industry in the past for less than four five distribution system for the formation of the complete collapse;And information technology, the development of the Internet,Carbon Steel 90D ELBOW(SR),ASTM A234 WPB,SMLS,SCH.20 exacerbated the collapse.

YuGang, director of the China federation of logistics and purchasing the steel logistics branch also points out that in recent years, frequent fluctuations of steel price but narrowed, by means of steel price fluctuations for profiteering era is gone forever, iron and steel circulation industry into small profit stage.This reversed transmission with steel logistics enterprises from the opportunist to service-oriented transformation.

The iron and steel industry to expand rapidly

China plays a special role in it.Its rapid expansion, iron and steel industry is more than the market demand.Many governments still cannot solve the legacy of economic crisis,Long radius 90 deg A234 pushing elbow market distortion problem for a long time.State-owned enterprises according to the policy of the government continued to expand its production capacity, busy market rule.On the other hand, private firms to pause or stop their many projects.Backward production capacity in many countries is still not be eliminated.

Excess capacity is increasingly pose a serious challenge to the global steel industry.At present,ASME Carbon Steel Welding Neck Flange the global total of 500 million tons of excess capacity.Excess capacity accounted for 36% of the apparent consumption, and in 2000, the proportion was only 19%.Many companies medium-term financial situation.This is a structural problem, need the government policy, and through the industry consolidation.

State-owned enterprises occupy a large proportion in the global steel industry.In 2011, 46 in the world's largest steel companies, 50% for state-owned enterprises;These are all Chinese state-owned enterprises.In global steel production, the output of state-owned enterprises accounted for 38%.Global overcapacity led to a surge in imports,ASME B16.9 45 Deg Long Radius butt weld Elbow as well as global demand.Trade friction intensified, the steel industry is facing downward pressure on prices.For private companies, it is difficult to maintain a certain profit space.In addition, they have to face the additional challenge: the problem of rising prices of raw materials.