On December 31, 2012, the national development and reform commission issued "on the implementation of the general office of the state council on deepening the reform of the coal market guidance to do a good job of production need to join notice,"Seamless tube used in steam pipe coal linkage mechanism is put forward for the first time.When coal prices fluctuate by more than 5%, with annual cycle, adjust feed-in tariff;At the same time to the electric power enterprise given prices fluctuation changed from 30% to 30%.In thermal coal prices appeared abnormal fluctuations, according to the relevant provisions of the price law temporary intervention measures.
5% of the above mentioned in the notice, the called line of electricity price adjustment policy,seamless steel pipe astm a106 gr b calculation for the annual cycle.
This year on January 9, qinhuangdao coal net released this year for the first issue of the bohai sea thermal coal index for 633 yuan/ton;Yesterday (December 25), released this year's final index for 631 yuan/ton.Years of trough appears in the October 9, the current index is 530 yuan/ton, compared with the early fell 103 yuan/ton, 16.2% decline.
Lin Bojiang in an interview with the daily economic news "reporter said that this year's coal price volatility should not according to the early and late two nodes to calculate, and should take all the average price of coal to the year and at the beginning of the coal price compare.Chief consultant farce can consult Li Ting also told reporters that should be calculated according to the annual average prices.
Wednesday, December 25, 2013
Sunday, December 22, 2013
Ore traders appeared in the crisis
Rely on the traditional way of trade to make money, does not sell high and buy low, but for the ore trade merchants, when there is a difference between buying and selling,RF/FF welding socket slip on flange so it's difficult to avoid price risk.But in an interview with reporters found that there have been an increasing number of traders, begin to use financial instruments to hedge risk.
For trade ShangWu after ray, really realize the function of futures, and earlier this year.He was at $150 a tonne, for 300000 tons of iron ore from Australia, when the ships is on his way to China, ore prices started to fall.At this time he felt the risk, quickly on the rebar futures made an empty list.Then iron ore prices fell to $127 a tonne, spot, but fortunately the short selling in the futures market to let him earn 200 yuan per ton on rebar, accounting down not only didn't lose money also made a lot of.
Shanghai yi complex investment company chairman Wu Fulei told reporters: at that time we have, this model (traditional trade) is crazy, almost everyone is in gambling market, our philosophy is we don't bet, basically we are forecasting a drop of may, we'll do the hedge, so that we can always maintain normal profits.
First futures trading let Wu Fulei tasted the sweets, then he formed his own professional financial team, started a new trade mode combined with spot trade.As October 18 listed on the domestic iron ore futures, futures market has formed a complete coal tar and steel plate, many traders have started to use financial instruments as a safe haven.
, said: shandong wanbao group chairman for China through the platform and the tools of technology futures, for better cost of steel lock, help steel mills to reduce costs, avoid risk.
For trade ShangWu after ray, really realize the function of futures, and earlier this year.He was at $150 a tonne, for 300000 tons of iron ore from Australia, when the ships is on his way to China, ore prices started to fall.At this time he felt the risk, quickly on the rebar futures made an empty list.Then iron ore prices fell to $127 a tonne, spot, but fortunately the short selling in the futures market to let him earn 200 yuan per ton on rebar, accounting down not only didn't lose money also made a lot of.
Shanghai yi complex investment company chairman Wu Fulei told reporters: at that time we have, this model (traditional trade) is crazy, almost everyone is in gambling market, our philosophy is we don't bet, basically we are forecasting a drop of may, we'll do the hedge, so that we can always maintain normal profits.
First futures trading let Wu Fulei tasted the sweets, then he formed his own professional financial team, started a new trade mode combined with spot trade.As October 18 listed on the domestic iron ore futures, futures market has formed a complete coal tar and steel plate, many traders have started to use financial instruments as a safe haven.
, said: shandong wanbao group chairman for China through the platform and the tools of technology futures, for better cost of steel lock, help steel mills to reduce costs, avoid risk.
Thursday, October 17, 2013
China help steel mills challenge three ore price
At present, the world's three largest mining vale, Rio tinto, BHP billiton and emerging mining fortescue accounted for more than half of the global supply of ore, and complete cost CFR (cif) are less than $60.
Highly monopoly pattern,Large diameter pipes Schedule 40 steel pipe make the production enterprise can moderately control the pace of new capacity release. In the second half of 2013 iron ore new capacity should be more, however, iron ore prices this year compared with the steel prices are still up slow down quickly. Since July this year, its biggest rebound has reached 25%, while steel prices rise 11% but at the same time period. Iron and steel enterprises in China in August first saw a little profit of dawn,90 degree pipe fitting long radius elbow September was journey into losses.
China's steel industry has a fatal weakness. For more lean ore, China's iron ore mine production cost is high, an average of $105, when the ore prices, many elimination is China's first iron ore mine.
Monopoly supply pattern is easy to form a monopoly, and the price.
China's iron ore imports account for 60% of the global total. However, Chinese steel mills are the day gets longer without getting rid of the demand side,API 5l Grade B oil line carbon steel pipe supply side for a long time but with the embarrassment of excess profit.
Even so, the iron and steel enterprise did not give up the game. They affect prices by adjusting the inventory. Over the past two years, this is particularly obvious, namely the price fluctuation in the iron ore and steel mills to stock of raw materials and reduce inventory cycle is appropriate. The iron ore market price is high,Industry Standard Welding Neck Flange many steel mills stopped buying and consumption of inventory; Spot prices fell to a certain time, steel mills started to fill inventory.
Shanghai rebar inventories last week, 6.06 million tons, far lower than at the beginning of ten million tons of high and low inventory after nearly two years. Last week, China's import iron ore port stocks, 72.46 million tons, far lower than at the beginning of the year, 90 million tons, which is nearly four years of inventories low.
And low inventory then stimulate the steel mill to fill inventory desires - iron ore imports hit a record high in September. But then, ore prices rose to more than $130, iron and steel enterprises want to cry again.
Highly monopoly pattern,Large diameter pipes Schedule 40 steel pipe make the production enterprise can moderately control the pace of new capacity release. In the second half of 2013 iron ore new capacity should be more, however, iron ore prices this year compared with the steel prices are still up slow down quickly. Since July this year, its biggest rebound has reached 25%, while steel prices rise 11% but at the same time period. Iron and steel enterprises in China in August first saw a little profit of dawn,90 degree pipe fitting long radius elbow September was journey into losses.
China's steel industry has a fatal weakness. For more lean ore, China's iron ore mine production cost is high, an average of $105, when the ore prices, many elimination is China's first iron ore mine.
Monopoly supply pattern is easy to form a monopoly, and the price.
China's iron ore imports account for 60% of the global total. However, Chinese steel mills are the day gets longer without getting rid of the demand side,API 5l Grade B oil line carbon steel pipe supply side for a long time but with the embarrassment of excess profit.
Even so, the iron and steel enterprise did not give up the game. They affect prices by adjusting the inventory. Over the past two years, this is particularly obvious, namely the price fluctuation in the iron ore and steel mills to stock of raw materials and reduce inventory cycle is appropriate. The iron ore market price is high,Industry Standard Welding Neck Flange many steel mills stopped buying and consumption of inventory; Spot prices fell to a certain time, steel mills started to fill inventory.
Shanghai rebar inventories last week, 6.06 million tons, far lower than at the beginning of ten million tons of high and low inventory after nearly two years. Last week, China's import iron ore port stocks, 72.46 million tons, far lower than at the beginning of the year, 90 million tons, which is nearly four years of inventories low.
And low inventory then stimulate the steel mill to fill inventory desires - iron ore imports hit a record high in September. But then, ore prices rose to more than $130, iron and steel enterprises want to cry again.
Friday, October 11, 2013
Market and the government role needs to be clarified
In view of the steel industry recent phenomenon of "high-end" excess capacity, some experts believe that clarify the market and government in the role of resolution of excess steel production capacity is mill test certificate steel pipe ASTM A53/A106 tube very important.
Law enforcement is lax or selective law enforcement is the biggest obstacle to close down backward production facilities. Prevent excess "high-end products" and avoid make the mistake of low-end excess capacity, the hand of government is not as. As part of the steel mills in investment in new capacity, there exists a range approved, acting, etc, countries how to effectively curb the series against unified planning the layout of the phenomenon,astm a53 schedule 80 galvanized steel pipe to the late iron and steel industry is very important to survival.
Xue Zhimin thinks, deputy director of the hebei provincial government laboratory to build a scientific and strict market access threshold, design effective exit mechanism. Steel capacity control eia standards should be combined with tax, make no profits do not accord with standard of energy consumption, environmental protection enterprises, local governments have no taxes. The establishment of steel production capacity according to the national environmental protection standard green certification and market access system, the strict regulation of the iron and steel enterprise,astm a234 seamless carbon steel tee on the basis of energy-saving emission reduction targets, according to the high or low emissions pilot cascade environment tax is imposed. Can consider environmental taxes all listed as provincial finance income, strengthening the body of the provincial government close down backward production facilities.
China environmental science research institute researcher at ge ChaZhong said, it is necessary to establish a "steel industry regulation fund", a special reward advantage environmental protection, the iron and steel enterprise technical input. Before this, suggested to speed up the construction of iron and steel enterprise environmental monitoring network,ASTM A53 carbon steel seamless pipe provide scientific basis for environment tax is imposed.
The China iron and steel association, an expert thinks, establish and perfect the capital exit steel trading platform is also very important. Free access to capital must be free and capital exit. To be established in our country is suitable for bulk trading platform for the third party trading steel property, convenient steel capital out of the iron and steel industry. Long-term since, our country's iron and steel industry merger, acquisition and reorganization is implemented under the administrative leading more, this kind of merger and reorganization overwhelmingly incremental restructuring, the further expansion of seeking, even eliminated some backward production capacity in the restructuring process will be covered with more new capacity. Countries should publish relevant policy, encourage iron and steel enterprises to market-oriented restructuring, reducing to iron and steel enterprises in the process of merger and reorganization of cuts to phase out backward production capacity can give enterprise must press tonnage within a certain fixed number of year of the subsidies and tax breaks.
Law enforcement is lax or selective law enforcement is the biggest obstacle to close down backward production facilities. Prevent excess "high-end products" and avoid make the mistake of low-end excess capacity, the hand of government is not as. As part of the steel mills in investment in new capacity, there exists a range approved, acting, etc, countries how to effectively curb the series against unified planning the layout of the phenomenon,astm a53 schedule 80 galvanized steel pipe to the late iron and steel industry is very important to survival.
Xue Zhimin thinks, deputy director of the hebei provincial government laboratory to build a scientific and strict market access threshold, design effective exit mechanism. Steel capacity control eia standards should be combined with tax, make no profits do not accord with standard of energy consumption, environmental protection enterprises, local governments have no taxes. The establishment of steel production capacity according to the national environmental protection standard green certification and market access system, the strict regulation of the iron and steel enterprise,astm a234 seamless carbon steel tee on the basis of energy-saving emission reduction targets, according to the high or low emissions pilot cascade environment tax is imposed. Can consider environmental taxes all listed as provincial finance income, strengthening the body of the provincial government close down backward production facilities.
China environmental science research institute researcher at ge ChaZhong said, it is necessary to establish a "steel industry regulation fund", a special reward advantage environmental protection, the iron and steel enterprise technical input. Before this, suggested to speed up the construction of iron and steel enterprise environmental monitoring network,ASTM A53 carbon steel seamless pipe provide scientific basis for environment tax is imposed.
The China iron and steel association, an expert thinks, establish and perfect the capital exit steel trading platform is also very important. Free access to capital must be free and capital exit. To be established in our country is suitable for bulk trading platform for the third party trading steel property, convenient steel capital out of the iron and steel industry. Long-term since, our country's iron and steel industry merger, acquisition and reorganization is implemented under the administrative leading more, this kind of merger and reorganization overwhelmingly incremental restructuring, the further expansion of seeking, even eliminated some backward production capacity in the restructuring process will be covered with more new capacity. Countries should publish relevant policy, encourage iron and steel enterprises to market-oriented restructuring, reducing to iron and steel enterprises in the process of merger and reorganization of cuts to phase out backward production capacity can give enterprise must press tonnage within a certain fixed number of year of the subsidies and tax breaks.
Thursday, September 26, 2013
Australia, Brazil into a mainstay
Data show that in the first half of China's imports of iron ore concentration increase. Among them, Australia,carbon steel pipe fitting lr elbows 45 degree Brazil's total imports of iron ore 220 million tons, accounting for 68.4% of all imports, is expected to top 70% throughout the year.
China metallurgical mines association secretary-general Liu Xiaoliang pointed out that in the first half of this year, Brazil's main and declining market share, in the rainy season, port inspection and quality at the same time, also with its focus on cost reduction and improve the production efficiency, to the "whole". He expected the second half of the year and next year, the Brazilian iron ore production, will be greatly improved.
It is worth mentioning that in the first half of this year, the Australian ore imports accounted for from 45% in the first half of last year, to 50%, increased by 5%,pipe fitting 45 degree LR elbows "import increment part basically all comes from Australia.Affected by commodity price cut, he notes, the Australian dollar against the us dollar fell to 1.03 from 0.896 in March, the accumulated depreciation of 13% or more, "ore prices fall, the Australian mining companies operating not only no adverse effect, on the contrary, also highlighted the resource advantage of Australia's major mining companies, increased market share".
"It also shows that the pace of Australia and other countries to expand capacity, further speeding up,black carbon steel butt welded concentric reducer and these low-cost minerals can release, pressure on China's iron ore companies, will further increase."In addition, the data shows, in the first half, China's former top ten iron ore importing countries (Australia, Brazil, South Africa, Iran, Indonesia, Ukraine, Canada, Malaysia, Russia, Peru) in total imports of iron ore 335 million tons, accounting for 87.2% of the total imports. "Top 10 countries of the market share in the lower, suggesting that import multiple trend is emerging."
Export amount is greatly reduced,cold drawn carbon steel pipe at the same time, India accounts for only 1.42% of market share that was down more than 13% in the first half of 2011. India, South Africa as the third largest country in China's imported iron ore.
China metallurgical mines association secretary-general Liu Xiaoliang pointed out that in the first half of this year, Brazil's main and declining market share, in the rainy season, port inspection and quality at the same time, also with its focus on cost reduction and improve the production efficiency, to the "whole". He expected the second half of the year and next year, the Brazilian iron ore production, will be greatly improved.
It is worth mentioning that in the first half of this year, the Australian ore imports accounted for from 45% in the first half of last year, to 50%, increased by 5%,pipe fitting 45 degree LR elbows "import increment part basically all comes from Australia.Affected by commodity price cut, he notes, the Australian dollar against the us dollar fell to 1.03 from 0.896 in March, the accumulated depreciation of 13% or more, "ore prices fall, the Australian mining companies operating not only no adverse effect, on the contrary, also highlighted the resource advantage of Australia's major mining companies, increased market share".
"It also shows that the pace of Australia and other countries to expand capacity, further speeding up,black carbon steel butt welded concentric reducer and these low-cost minerals can release, pressure on China's iron ore companies, will further increase."In addition, the data shows, in the first half, China's former top ten iron ore importing countries (Australia, Brazil, South Africa, Iran, Indonesia, Ukraine, Canada, Malaysia, Russia, Peru) in total imports of iron ore 335 million tons, accounting for 87.2% of the total imports. "Top 10 countries of the market share in the lower, suggesting that import multiple trend is emerging."
Export amount is greatly reduced,cold drawn carbon steel pipe at the same time, India accounts for only 1.42% of market share that was down more than 13% in the first half of 2011. India, South Africa as the third largest country in China's imported iron ore.
Monday, September 23, 2013
The people's livelihood is preferred
The state council on strengthening the construction of urban infrastructure on 16 government website in China. This is the first time since China's reform and opening up, in the name of the state council on urban infrastructure construction,API 5L ERW Steel Pipe manufacturer and the landmark.The document, send the government in strengthening the construction of urban infrastructure which important signals? With this problem, the reporter interviewed relevant ministries and commissions of the participating in drafting the document's officials and experts in related field.
Urban infrastructure construction, is closely related to people's livelihood."Opinions" clear requirements, priority to strengthen water supply, gas supply, heating, electricity,Long Radius 90 Deg carbon seamless elbow communications, public transportation, logistics distribution, disaster prevention safety is closely related to people's livelihood, such as infrastructure construction, strengthen the old infrastructure.
Housing urban-rural development qin hong, director of the center for policy research, said: "the urban construction can not only make the ground construction,Carbon Steel butt-welding equal tee only make image project, must be people-oriented, human services. Who is the main part of the city, the city residents and enterprises to pay tax, city should provide the necessary public infrastructure services. If it's not the people's livelihood is preferred, but image first, will be a lot of waste of financial resources."
"Opinion" also for some closely related to people's livelihood of urban infrastructure construction is proposed timetable. As to 2015, 36 major cities urban sewage "complete collection,carbon steel pipe fitting lr elbows 45 degree complete processing" and all waste will be treated; Important city flood control reach the standard stipulated by the state flood control; With 10 years time to build more perfect city drains, flood control engineering system, etc.
Housing deputy director general of urban-rural development city JianSheSi Li Rusheng said: "the urban infrastructure is fundamental to the survival of the city, is directly related to people's production and life and the social public service, to guarantee normal operation of city, improve urban residential environment, has an irreplaceable role."
Urban infrastructure construction, is closely related to people's livelihood."Opinions" clear requirements, priority to strengthen water supply, gas supply, heating, electricity,Long Radius 90 Deg carbon seamless elbow communications, public transportation, logistics distribution, disaster prevention safety is closely related to people's livelihood, such as infrastructure construction, strengthen the old infrastructure.
Housing urban-rural development qin hong, director of the center for policy research, said: "the urban construction can not only make the ground construction,Carbon Steel butt-welding equal tee only make image project, must be people-oriented, human services. Who is the main part of the city, the city residents and enterprises to pay tax, city should provide the necessary public infrastructure services. If it's not the people's livelihood is preferred, but image first, will be a lot of waste of financial resources."
"Opinion" also for some closely related to people's livelihood of urban infrastructure construction is proposed timetable. As to 2015, 36 major cities urban sewage "complete collection,carbon steel pipe fitting lr elbows 45 degree complete processing" and all waste will be treated; Important city flood control reach the standard stipulated by the state flood control; With 10 years time to build more perfect city drains, flood control engineering system, etc.
Housing deputy director general of urban-rural development city JianSheSi Li Rusheng said: "the urban infrastructure is fundamental to the survival of the city, is directly related to people's production and life and the social public service, to guarantee normal operation of city, improve urban residential environment, has an irreplaceable role."
Saturday, September 21, 2013
17 domestic commodity nearly all closed down
17, the domestic commodity nearly all fell,STD 1D carbon steel pipe fitting elbows promote comprehensive performance tracking commodity mandarin commodity index fell.
As of the close, wheat futures led the rally, the main contract closed at 2600 yuan per ton,ASME A106/A53 Black Steel Pipe and tube settled up on the previous trading day 37 yuan, or 1.44%, Futures led the slide glass, the main contract closed at 1344 yuan per ton, settled down on the previous trading day 27 yuan, or 1.97%.Specific varieties,API 5l x60 carbon steel socket weld line pipe non-ferrous metals fell nearly all of the day: main zinc futures contract closed at 14700 yuan per ton, or 0.24%. Main aluminum futures contract closed at 14100 yuan per ton, or 0.6%. Main lead futures contract closed at 14000 yuan per ton, or 1.52%.
Petrochemical products also shown weakness: main PVC futures contract closed at 6615 yuan per ton,cold drawn carbon steel pipe or 0.15%. Main coke futures contract closed at 1572 yuan per ton, or 0.25%. PTA futures main contract closed at 7792 yuan per ton, or 0.56%. PE main futures contract closed at 10700 yuan per ton, or 1.06%.Agricultural products, soft goods price now: each main cotton futures contract closed at 19800 yuan per ton, or 0.28%. Main sugar futures contract closed at 5073 yuan per ton, or 1.28%.
Grease goods nearly all fell: main palm oil futures contract closed at 5412 yuan per ton, or 0.11%. Main meal futures contract closed at 2377 yuan per ton, or 0.13%. Main oil futures contract closed at 7102 yuan per ton, or 0.14%. Main soybean meal futures contract closed at 3633 yuan per ton, or 0.49%. Main rapeseed futures contract closed at 5103 yuan per ton, or 0.7%.
As of the close, wheat futures led the rally, the main contract closed at 2600 yuan per ton,ASME A106/A53 Black Steel Pipe and tube settled up on the previous trading day 37 yuan, or 1.44%, Futures led the slide glass, the main contract closed at 1344 yuan per ton, settled down on the previous trading day 27 yuan, or 1.97%.Specific varieties,API 5l x60 carbon steel socket weld line pipe non-ferrous metals fell nearly all of the day: main zinc futures contract closed at 14700 yuan per ton, or 0.24%. Main aluminum futures contract closed at 14100 yuan per ton, or 0.6%. Main lead futures contract closed at 14000 yuan per ton, or 1.52%.
Petrochemical products also shown weakness: main PVC futures contract closed at 6615 yuan per ton,cold drawn carbon steel pipe or 0.15%. Main coke futures contract closed at 1572 yuan per ton, or 0.25%. PTA futures main contract closed at 7792 yuan per ton, or 0.56%. PE main futures contract closed at 10700 yuan per ton, or 1.06%.Agricultural products, soft goods price now: each main cotton futures contract closed at 19800 yuan per ton, or 0.28%. Main sugar futures contract closed at 5073 yuan per ton, or 1.28%.
Grease goods nearly all fell: main palm oil futures contract closed at 5412 yuan per ton, or 0.11%. Main meal futures contract closed at 2377 yuan per ton, or 0.13%. Main oil futures contract closed at 7102 yuan per ton, or 0.14%. Main soybean meal futures contract closed at 3633 yuan per ton, or 0.49%. Main rapeseed futures contract closed at 5103 yuan per ton, or 0.7%.
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