China's auto demand is driving the demand for African oil

China's auto demand is driving the demand for African oil, tens of millions of Chinese citizens by owning a car entering into the middle class lifestyle.Africa has the same growth momentum.African consumers demand is growing,spiral steel pipes 1200mm diameter it help some African countries prepare for China's economic growth is slowing.

Africa's second-biggest oil producer Angola 1.8 million barrels a day, 40% of export to China.Officials said the stable demand will lead to the country in the future to increase oil production by 10% a year.But at the same time, just the rise of the consuming class are helping drive Angola's economic growth.The IMF (International Monetary Fund,schedule 80 black butt welded pipe fittings the IMF) is expected, Angola's economy will grow by 6.3% this year, growth will be higher than 5.6% in 2012.

Brazilian pepper SA Angola market enterprise group is responsible for any manager (Gustavo Fontes), said in Angola,180 degree u bends carbon steel a234 people have consumption will, some people are spending.The company recently opened a 31 supermarket chain in Angola, to cover the local new consumers.

More than 30 JingXiong steel electric dealer

Dong Baoqing revealed that at present the department in charge of tracking steel e-commerce has amounted to more than 30.Including baosteel, shougang, hangang, masteel, shagang, wisco,carbon steel pipe api 5l x60 oil pipe valin iron and steel and other steel production enterprises to establish the enterprise of iron and steel, e-commerce includes established by a steel trade enterprises or enterprise IT industry grade steel e-commerce.

Dong Baoqing said the steel e-commerce operation way of trading, business model, different varieties, current development scale, and so on and so forth.He pointed out that the plant steel e-commerce platform to build the spot trading systems, electronic procurement,Schedule 40 elbows for chilled water system steel spot centralized trading system, customer order query system four systems, a representative in the steel mills to build platform.

IT companies who find stencil in company profile, said the company was established in 2012, from the right from the beginning, has won the male cattle, sequoia capital, partners China and perilous peak huaxing, very serious fund at home and abroad well-known fund three rounds of investment.Analysts said the stencil now find dealmaking business completely free on both the buyer and the seller;Rebates for steel mills DaiMai resources can not be offset, storage and service costs, profit model is unclear,carbon seamless steel pipe for building material "they made losses of 3-5 years (prepare)", quickly become bigger and stronger to free way, hoping to attract more large steel mills, big dealers and purchasers in their platform to buy and sell goods, "as long as the volume large enough platform can build successful, profit growth will appear", "this can be reference to taobao successful experience".

Steel giant turnround thwarted by their own disadvantage

Tangshan development of steel industry, indeed has obtained certain result, contrast group, other companies its performance is better.Iron and steel industry insiders pointed out that in every unit of hebei iron and steel, tangshan, handan keep the profit,API 5L galvanized carbon steel pipe manufacturers hebei and xuanhua, ChengGang, such as a loss, among them, the tangshan is presided by yong early start of the steel industry, is an important reason for its own remain profitable.

And looking across the industry, iron and steel enterprises the main business of general performance is difficult.According to the China iron and steel association, in September 2013, the domestic large and medium-sized steel mills profit total is 3.266 billion yuan,Galvanized Carbon Steel Round Pipe thickness 6.02mm but "is mainly affected by investment gains", iron and steel business is losing money.
The China iron and steel association, vice President and secretary general zhang changfu, sigh with emotion that the January to November 2013, steel industry profits realized a total of 16.18 billion yuan, industry sales profit margin is only 0.48%;Among them main iron and steel industry have the profits of 5.8 billion yuan, but only one ton to every measure down to earn a pound of pork.

But for hebei iron and steel group,ASME B36.10M pe coating carbon steel tube the overall development of the steel industry, analysts to netease finance pointed out that exist "genetic defects" hebei iron and steel group, it is the integration of individual steel mills restructuring and become, branch steel mills, and each branch of steel product structure is different also, comparing baosteel, wuhan iron and steel enterprise development of steel industry, all branches of hebei iron and steel group steel if the steel industry, the sole investor money pressure is big, if the joint venture investment would need to pay attention to the integration effect.

Prices go up drop calculation rule is not clear

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.

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.

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.

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.