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".
Wednesday, February 19, 2014
Sunday, January 19, 2014
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.
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.
Monday, January 13, 2014
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.
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.
Wednesday, December 25, 2013
Real estate tax and fee
Director of the 21st century real estate market SangYu peak that per capita living area is a progressive tax rate of the property tax,A106 High quality carbon structural steel tube is important basis to push forward the reform of real estate tax as a whole.And the property tax is imposed, it needs to be implemented as soon as possible the national real estate information network.So, with a number set of the holding cost increase greatly, and luxury housing second-hand housing, the housing stock circulation rate rapidly increase, the real estate market stable healthy development is possible.SangYu peak, said Yin in advice, point out the several main problems affect the real estate market development, and there is no technical problem to solve these problems, the maneuverability is very strong, hope his proposal can be adopted in the relevant decision-making departments, as soon as possible, promote the establishment of a long-term mechanism of real estate, real estate regulation will forever is a deficit, the government, developers and consumers will never satisfied.
In Yin qing has long served as director of the National People's Congress standing committee,schedule 40 galvanized steel pipe deputy director of the general office of laboratory, have a good study of real estate regulation and its long-term mechanism, and insist that it is undeniable that there is a real estate bubble.
Deputy director of the state administration of taxation of the original Xu Shanda said in an interview with the 21st century economic report reporter, the owner of the property is the country, and the owner of the property is private, is appreciation of land, housing is weakening, the value how to separate?There is no an advocate of the real estate tax in legal theory and theoretical explanation, need to study of the National People's Congress.Xu Shanda, according to the real estate tax legislation process takes a long time, finally to make a law with Chinese characteristics.
In Yin qing has long served as director of the National People's Congress standing committee,schedule 40 galvanized steel pipe deputy director of the general office of laboratory, have a good study of real estate regulation and its long-term mechanism, and insist that it is undeniable that there is a real estate bubble.
Deputy director of the state administration of taxation of the original Xu Shanda said in an interview with the 21st century economic report reporter, the owner of the property is the country, and the owner of the property is private, is appreciation of land, housing is weakening, the value how to separate?There is no an advocate of the real estate tax in legal theory and theoretical explanation, need to study of the National People's Congress.Xu Shanda, according to the real estate tax legislation process takes a long time, finally to make a law with Chinese characteristics.
Sunday, December 22, 2013
Oil and gas industry
Compared with those of other mining giant BHP billiton has not stingy investment in oil and gas industry.In 2011, the company to reduce the expenditure of the other projects,asme b16.5 slip on flanges a105 hit $20 billion takeover of the shale project, including spending $4.75 billion to buy the gas producer Chesapeake (Chesapeake) part of the assets, although affected by the beauty of natural gas prices fell sharply, the assets of failed to bring profit to BHP billiton, can actually make the loss of more than $2.8 billion m, but BHP is still in the same year, and the price is for the unconventional resources in Texas and Louisiana.
McKenzie has been bullish on shale industry, he before entering the mining sector, who used to work in BP (BP), the low risk state investment large, long-term resource projects.BHP billiton oil and potash, head of Tim carter said: "for decades, conventional oil and gas business, especially the Marine oil and gas business has become the basis of our oil business, the current company onshore unconventional areas are in a strong position in the United States, the country has become the main source of cash for another company."
McKenzie has been bullish on shale industry, he before entering the mining sector, who used to work in BP (BP), the low risk state investment large, long-term resource projects.BHP billiton oil and potash, head of Tim carter said: "for decades, conventional oil and gas business, especially the Marine oil and gas business has become the basis of our oil business, the current company onshore unconventional areas are in a strong position in the United States, the country has become the main source of cash for another company."
Thursday, October 17, 2013
China today listed futures to iron ore pricing power
If the past 10 years in China and the three major mines in the international iron ore price negotiations experience compared to a football match, so, this is clearly a struggle between weak disparity:API 5l spiral welded carbon steel pipe despite having super center of baosteel, star front such as wuhan, anshan and gold coach cisa, but China is still struggling to keep up: not only repeatedly lost big shot (pricing), more often be LengShe countered sign the agreement) the (Nippon steel, also is an awkward (Rio tinto spy door). Once, the coach named him personally, one-sided has been unable to rewrite the score.
Since 2003, iron ore prices from $30 per tonne to $130 a tonne, the highest reached nearly $200 a tonne, up more than 5 times. Over the same period, domestic rebar prices only from 3000 yuan to 3500 yuan per ton,schedule 40 galvanized steel pipe tons of profits and even less than one kilogram of pork.
Steel mills worried, but suffer from the ball is not in his feet.
This passive situation may change in the near future.
Starting today, the Chinese have a new secret weapon in the game: iron ore futures contracts today officially listed. Another heavyweight after thermal coal futures commodities futures, vying for influence in the commodities industry on the iron ore futures always,ASME B16.9 std a234wpb pipe elbow more for Chinese steel mills to the three major mines bastion "monopoly" war horn.
The securities and futures institute of Beijing industry and commerce university Hu Yu more for the Shanghai newspaper reporters, national strategic resource commodities to preempt the commanding heights of the deployment of accelerated, the contradiction of China's iron ore pricing power consumption and small countries need to be addressed, the iron ore futures market will provide an important basis to improve voice condition.
In the industry point of view,diameter 219mm erw carbon steel pipe manufacturers this is China in vying for influence in the long iron ore pricing, the key step of the way the "shock" effect to be reckoned with. But because of China's iron ore import dependence degree is higher, and the futures market is still not open to the public, domestic enterprises in the face of the highly monopolistic upstream resources industry is still a long way to go.
Since 2003, iron ore prices from $30 per tonne to $130 a tonne, the highest reached nearly $200 a tonne, up more than 5 times. Over the same period, domestic rebar prices only from 3000 yuan to 3500 yuan per ton,schedule 40 galvanized steel pipe tons of profits and even less than one kilogram of pork.
Steel mills worried, but suffer from the ball is not in his feet.
This passive situation may change in the near future.
Starting today, the Chinese have a new secret weapon in the game: iron ore futures contracts today officially listed. Another heavyweight after thermal coal futures commodities futures, vying for influence in the commodities industry on the iron ore futures always,ASME B16.9 std a234wpb pipe elbow more for Chinese steel mills to the three major mines bastion "monopoly" war horn.
The securities and futures institute of Beijing industry and commerce university Hu Yu more for the Shanghai newspaper reporters, national strategic resource commodities to preempt the commanding heights of the deployment of accelerated, the contradiction of China's iron ore pricing power consumption and small countries need to be addressed, the iron ore futures market will provide an important basis to improve voice condition.
In the industry point of view,diameter 219mm erw carbon steel pipe manufacturers this is China in vying for influence in the long iron ore pricing, the key step of the way the "shock" effect to be reckoned with. But because of China's iron ore import dependence degree is higher, and the futures market is still not open to the public, domestic enterprises in the face of the highly monopolistic upstream resources industry is still a long way to go.
Friday, October 11, 2013
Major markets in the asia-pacific region rise and fall
As investors continue to see progress in the United States government debt impasse,ASME Carbon Steel Welding Neck Flange major markets in the asia-pacific region 10, rise and fall.
On the same day, Tokyo stock market's nikkei 225 stock average price index than the previous trading day up 156.87 points,carbon steel seamless eccentric reducer 14194.71 points, or 1.12%. Singapore straits times index rose 15.07 points, 3169.91 points, or 0.48%. India mumbai stock market sensitive 30 index rose 23.65 points, 20272.91 points, or 0.12%.
New Zealand stock market NZX - 50 index rose 6.75 points, 4717.38 points, or 0.14%. Manila's key stock index rose 58.22 points, 6435.97 points,thermal expansion of seamless steel tube or 0.91%.
However, China's Hong Kong's hang seng index fell 82.67 points, 22951.30 points, or 0.36%. The stock market in Sydney,API oil welded steel pipe ASME B36.10M hebei manufacturer Australia's S&P/ASX200 stock index fell 5.9 points, 5147.1 points, down 0.11%. Seoul, South Korea, the stock market composite index slipped 1.36 points, 2001.40.
On the same day, Tokyo stock market's nikkei 225 stock average price index than the previous trading day up 156.87 points,carbon steel seamless eccentric reducer 14194.71 points, or 1.12%. Singapore straits times index rose 15.07 points, 3169.91 points, or 0.48%. India mumbai stock market sensitive 30 index rose 23.65 points, 20272.91 points, or 0.12%.
New Zealand stock market NZX - 50 index rose 6.75 points, 4717.38 points, or 0.14%. Manila's key stock index rose 58.22 points, 6435.97 points,thermal expansion of seamless steel tube or 0.91%.
However, China's Hong Kong's hang seng index fell 82.67 points, 22951.30 points, or 0.36%. The stock market in Sydney,API oil welded steel pipe ASME B36.10M hebei manufacturer Australia's S&P/ASX200 stock index fell 5.9 points, 5147.1 points, down 0.11%. Seoul, South Korea, the stock market composite index slipped 1.36 points, 2001.40.
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