Although it is believed that the environmental protection "battle" facilitate capacity after clearing thoroughly, the steel industry will be desperate and epigenetic ", back into the "spring",SCH80 4" Threaded Elbow Long radius but for every major steel mills, big change in the industry reshuffle, eyes feel pain and death threat is the most direct.
Cisa according to the latest data, in October 86 key steel mills profit of 1.716 billion yuan, monthly plunged 47.46%, reversing earlier gains for 3 months.Among them, 18 of 86 steel mills losses, KuiSunMian up to 20.93%.While the profit growth in a row, between July - September 86 key steel mills in the first three quarters of the total profit of 11.3 billion yuan, but their average sales net interest rate is only 0.41%, still in the level of the lowest in the industry - the data in the first half of this year even once fell to 0.13%.In the industry's words, and now steel than sell cabbage.
Even as the industry leaders listed steel companies, the situation is no better.Public reports, according to data from 33 listed steel companies there are 11 in the first three quarters of losses.Among them, the chongqing steel and iron loss of 1.699 billion yuan, ZengKui compared to 45.24%;The loss of 390 million yuan, shougang shares ZengKui 26.86% year-on-year.In addition, anyang iron and steel loss of 370 million yuan, ma steel loss of 329 million yuan, valin iron and steel loss of 274.9 million yuan, shandong iron and steel loss 128 million yuan.
2013年12月23日星期一
2013年10月10日星期四
Crude oil futures in the process of accelerating
At present, what the previous period is gearing up to perfecting of contracts, the rule system, system testing and carry out the international platform technology, completes the crude oil futures listed in all kinds of technical preparation.How "what currency settlement,1/2 inch Seamless Steel Pipe ASTM A53 SCH40 crude oil futures for delivery, and so on, these are not problems, the biggest problem is whether we can get the international market launch of the crude oil futures recognition." China petroleum (7.82, 0.05, 0.64%) economic and technology research institute, senior economist Chen Rui said to reporters.
May be based on this consideration, crude oil futures contract in the initial system design, it is controversial.Reporters in a draft there are rumours of crude oil futures contracts on the found that the industry of crude oil futures contracts where one of the most controversial is embodied in the following two points: first,A106b steel tube large diameter ERW steel pipe the settlement currency is in us dollars or RMB; Second, adopt what is the mode of delivery.
"Crude oil futures is playing the Chinese themselves, or true in line with international standards,ASME B16.5 Slip-on Flanges developed into a par in Europe and the us commodity futures, see how to deal with the dispute related level." A futures company, a senior researcher, told reporters.
Obviously, China wants to choose the latter.Securities regulatory commission recently said publicly that the approval of the Shanghai futures exchange within the free trade zone in Shanghai set up Shanghai international energy trading center co., LTD., specific to promote the international crude oil futures platform the preparation. Based on this platform,schedule 40 galvanized steel pipe comprehensive introduction of overseas investors to participate in domestic futures trading. Take this opportunity to expand China's futures market opening to the outside world.
"Our country must adhere to the international crude oil futures market development platform, to form domestic and international investor to compete in the market." The relevant personage of the previous period is stressed to reporters. And the future of the international crude oil futures platform, in addition to the domestic natural persons, legal persons, the domestic futures company, also will introduce overseas special participants.
May be based on this consideration, crude oil futures contract in the initial system design, it is controversial.Reporters in a draft there are rumours of crude oil futures contracts on the found that the industry of crude oil futures contracts where one of the most controversial is embodied in the following two points: first,A106b steel tube large diameter ERW steel pipe the settlement currency is in us dollars or RMB; Second, adopt what is the mode of delivery.
"Crude oil futures is playing the Chinese themselves, or true in line with international standards,ASME B16.5 Slip-on Flanges developed into a par in Europe and the us commodity futures, see how to deal with the dispute related level." A futures company, a senior researcher, told reporters.
Obviously, China wants to choose the latter.Securities regulatory commission recently said publicly that the approval of the Shanghai futures exchange within the free trade zone in Shanghai set up Shanghai international energy trading center co., LTD., specific to promote the international crude oil futures platform the preparation. Based on this platform,schedule 40 galvanized steel pipe comprehensive introduction of overseas investors to participate in domestic futures trading. Take this opportunity to expand China's futures market opening to the outside world.
"Our country must adhere to the international crude oil futures market development platform, to form domestic and international investor to compete in the market." The relevant personage of the previous period is stressed to reporters. And the future of the international crude oil futures platform, in addition to the domestic natural persons, legal persons, the domestic futures company, also will introduce overseas special participants.
2013年9月23日星期一
Steel companies to actively participate in e-commerce
Mr Xu, for example, according to wuxi daming sell steel not sell tons of steel, all processing,Carbon Steel Slip On Raised Face Flange finally can be done through taobao sell box the size of stainless steel, express in the past. Without this piece, the machine can't run up and can't export.
Mr Xu said on September 11, davos BBS,Electric Resistance Welded carbon steel pipe after the development of steel industry and Internet combined with emerging economies, business model will change.
Under the background of excess production capacity, how to find out the way to become the hurdle before steel mills. In one industry insider point of view, moving steel in e-commerce platform, is one of the options. At the end of 2012, hebei iron and steel group, hebei iron and steel trading center commissioning; At the end of may this year,Hot Pushed A234 Wpb Black Pipe Fitting elbow baosteel group launched the "Shanghai steel trading center" high-profile online. General manager of baosteel, Ma Guojiang had pronounced, to do a steel version of the amazon.
Steel and iron manufacturing into small profit era, Mr Xu said, forcing baosteel to service transformation. "In the current era of excess production capacity, supply,Seamless tube used in steam pipe electronic commerce is the best way, steel in e-commerce era."
According to cisa related statistics, in the first half of this year, 86 steel mills mainly after the break even, profit of 2.267 billion yuan, 0.13% return on sales, profits of per ton steel 7.2 yuan.
Reporter learned that, in this background, besides, hebei iron and steel, baosteel, wisco, shagang, valin iron and steel, etc. In the deployment of electric business platform.
Mr Xu said on September 11, davos BBS,Electric Resistance Welded carbon steel pipe after the development of steel industry and Internet combined with emerging economies, business model will change.
Under the background of excess production capacity, how to find out the way to become the hurdle before steel mills. In one industry insider point of view, moving steel in e-commerce platform, is one of the options. At the end of 2012, hebei iron and steel group, hebei iron and steel trading center commissioning; At the end of may this year,Hot Pushed A234 Wpb Black Pipe Fitting elbow baosteel group launched the "Shanghai steel trading center" high-profile online. General manager of baosteel, Ma Guojiang had pronounced, to do a steel version of the amazon.
Steel and iron manufacturing into small profit era, Mr Xu said, forcing baosteel to service transformation. "In the current era of excess production capacity, supply,Seamless tube used in steam pipe electronic commerce is the best way, steel in e-commerce era."
According to cisa related statistics, in the first half of this year, 86 steel mills mainly after the break even, profit of 2.267 billion yuan, 0.13% return on sales, profits of per ton steel 7.2 yuan.
Reporter learned that, in this background, besides, hebei iron and steel, baosteel, wisco, shagang, valin iron and steel, etc. In the deployment of electric business platform.
2013年9月21日星期六
In the fiscal and taxation means and interests regulation dissolve excess steel production capacity
China's steel industry to achieve 'to' capacity should be market-oriented means and administrative means,Carbon steel threaded ASME B16.9 concentric reducer with interest regulation is given priority to, with fiscal and taxation means to help resolve the excess capacity. "Was held in September 14, 2013 (the second) China iron and steel technology economic high-end BBS, honorary President of the Chinese academy of engineering, the Chinese society of metal Xu Kuangdi against China's steel industry overcapacity" digest "puts forward a new train of thought.
Xu Kuangdi pointed out that, subject to the limit of the domestic and foreign macro economic,schedule 40 galvanized steel pipe China's slowdown stabilizing. Fell back in the first half of 2013, the national industrial growth is steady, but steel production release. ~ 1 month in June, year-on-year rate of increase in China's crude steel output levels are higher than the same period last year, the year-on-year growth of 7.42%, ranked first in the world.
Late ", according to some projections, 'five-year', China's steel demand will reach 680 million tons to 712 million tons, reduced crude steel demand for 716 million tons to 750 million tons. At present,180 degree short radius elbow manufacturer due to the economic growth is a smooth landing, excess steel production capacity will reach 200 million tons to 300 million tons. From the current situation, the expansion of the iron and steel enterprises impulse continues, in 2013, has 510 projects, construction investment is 269.9 billion yuan. If all the above construction, design, planning, project put into production, the ability of ironmaking in China will reach 915 million tons, steel-making capacity will reach 1.02 billion tons." Xu Kuangdi concerns.
Xu Kuangdi introduction, excess steel production capacity is many developed countries in the development of thorny problem encountered. Combined with the United States, Europe,STD 1D carbon steel pipe fitting elbows Japan and so on in the face of the excess steel production capacity of experiences and lessons, he told the Chinese steel industry to solve the problem put forward the following Suggestions:
One is based on environmental standards define the backward production capacity. He suggested that steel regulation should be established on the basis of the state environmental protection standards steel capacity rating "green" certification and market access system, and no longer will blast furnace and electric furnace volume, steel varieties, such as enterprise scale as the standards of the backward. Second, in the strict regulation of the iron and steel enterprise, on the basis of energy-saving emission reduction targets, according to the high or low emissions pilot cascade environment tax is imposed. Three is to adjust the fiscal and taxation systems. Can consider environmental taxes all listed as provincial finance income, strengthening the body of the provincial government close down backward production facilities. Four is to establish fund of iron and steel industry transformation control capacity. Enjoy subsidies on the one hand, to advanced production enterprise restructuring, to encourage advanced enterprise merger and backward production capacity, capacity of marketization of decrement restructuring; Let the backward production capacity, on the other hand, enterprises exit guaranteed, straighten out the enterprise's exit channel, stead in worker job-transfer training, social security, the respect such as power industry transformation to provide policy and economic support.
Between "with reference to international experience, enterprise restructuring is a reasonable way to digest excess capacity, reducing but for iron and steel enterprises is a long and painful process. The European steel production capacity adjustment took 20 years, we use so long time, but also want to do a good job in 5 ~ 10 years' difficult war preparations for a long time." Xu Kuangdi said.
Xu Kuangdi pointed out that, subject to the limit of the domestic and foreign macro economic,schedule 40 galvanized steel pipe China's slowdown stabilizing. Fell back in the first half of 2013, the national industrial growth is steady, but steel production release. ~ 1 month in June, year-on-year rate of increase in China's crude steel output levels are higher than the same period last year, the year-on-year growth of 7.42%, ranked first in the world.
Late ", according to some projections, 'five-year', China's steel demand will reach 680 million tons to 712 million tons, reduced crude steel demand for 716 million tons to 750 million tons. At present,180 degree short radius elbow manufacturer due to the economic growth is a smooth landing, excess steel production capacity will reach 200 million tons to 300 million tons. From the current situation, the expansion of the iron and steel enterprises impulse continues, in 2013, has 510 projects, construction investment is 269.9 billion yuan. If all the above construction, design, planning, project put into production, the ability of ironmaking in China will reach 915 million tons, steel-making capacity will reach 1.02 billion tons." Xu Kuangdi concerns.
Xu Kuangdi introduction, excess steel production capacity is many developed countries in the development of thorny problem encountered. Combined with the United States, Europe,STD 1D carbon steel pipe fitting elbows Japan and so on in the face of the excess steel production capacity of experiences and lessons, he told the Chinese steel industry to solve the problem put forward the following Suggestions:
One is based on environmental standards define the backward production capacity. He suggested that steel regulation should be established on the basis of the state environmental protection standards steel capacity rating "green" certification and market access system, and no longer will blast furnace and electric furnace volume, steel varieties, such as enterprise scale as the standards of the backward. Second, in the strict regulation of the iron and steel enterprise, on the basis of energy-saving emission reduction targets, according to the high or low emissions pilot cascade environment tax is imposed. Three is to adjust the fiscal and taxation systems. Can consider environmental taxes all listed as provincial finance income, strengthening the body of the provincial government close down backward production facilities. Four is to establish fund of iron and steel industry transformation control capacity. Enjoy subsidies on the one hand, to advanced production enterprise restructuring, to encourage advanced enterprise merger and backward production capacity, capacity of marketization of decrement restructuring; Let the backward production capacity, on the other hand, enterprises exit guaranteed, straighten out the enterprise's exit channel, stead in worker job-transfer training, social security, the respect such as power industry transformation to provide policy and economic support.
Between "with reference to international experience, enterprise restructuring is a reasonable way to digest excess capacity, reducing but for iron and steel enterprises is a long and painful process. The European steel production capacity adjustment took 20 years, we use so long time, but also want to do a good job in 5 ~ 10 years' difficult war preparations for a long time." Xu Kuangdi said.
2013年9月15日星期日
Each state overseas bottom
Economic observer from the China enterprise confederation, Hot Expanded welded spiral steel tube according to a data in 2013 China top 100 multinational corporations with overseas assets 4.5 trillion yuan, increased by 17% over 2011. Realize overseas revenue was 4.8 trillion yuan, increased by 9.83% than in 2011.
By the end of 2010, the 100 multinational companies, state-owned enterprises have 46, overseas assets 2.8 trillion yuan, hemispherical pipe cap manufacturer in china overseas income 2.5 trillion yuan, the number of employees 300000 people.By the end of 2012, China's largest overseas assets 47 central enterprises, overseas assets total 3.8 trillion, overseas income amounted to 4 trillion, 448000 the total number of employees. 47 central enterprises accounted for the country's largest overseas assets total 85% of the total assets of 100 multinational companies abroad, become the absolute main force of Chinese enterprises to go out.
Overseas assets of more than 100 billion yuan in 2013 China enterprise there are 10, are all state-owned enterprises. Including the industrial and commercial bank (3.99, 0.06, 1.48%), large diameter ASTM end cap for water pipe China construction bank (4.46, 0.06, 1.33%), bank of communications (4.68, 0.02, 0.43%), cnooc, sinopec, etc. 10 home champion is in oil, with 820.1 billion yuan overseas assets.
Huge assets, does not mean that China state capacity for overseas assets. Vice chairman of the China enterprise confederation Li Jianming says, if a company's overseas income accounted for more than 30% of the total, means that the company have a certain scale of overseas initial when overseas income accounted for more than 50% of total revenue, to say the company overseas assets operation is good.
47 central enterprises in China's largest overseas assets, by the end of 2012, overseas income accounted for more than 30% of the total revenue is only 11, 25 central enterprises overseas income of less than 10%, Carbon steel threaded ASME B16.9 concentric reducer the proportion of the national grid company (microblogging) are the lowest.In 2012, the state grid company's total revenue reached $1.88 trillion, 40.53 billion assets overseas, but it was only 2.24 billion overseas income. State grid in its overseas revenues in 2012 when the proportion of total revenue is only 0.12%. China mobile, China huadian, China unicom (microblogging) (3.39, 0.04, 1.17%), the national grid than four central enterprises overseas accounted for less than 1%; Another Chinese telecoms giant China telecom (microblogging) than overseas accounted for only 1.24%.Foreign income to total revenue for the highest percentage of three central enterprises of zhuhai Dijon, respectively accounted for 98.1%; Sinochem group, accounting for more than 80.8%; Cosco (3.44, 0.18, 4.97%), accounted for 70.43%. China's overseas revenue is the highest in the oil, its overseas income of more than 1.3 trillion, 2012, accounting for 49.88% of total revenue.
Unlike speculation, China's four big oil companies to go out a few years, whether in the overseas assets or income are better than other state many overseas. By the end of 2012, CNPC, sinopec, cnooc and sinochem's four major petrochemical state of overseas assets total 1.97 trillion, 2.8 trillion overseas income. The total number of employees more than 100000 people overseas. In 2010 at the end of the year, the four big petrochemical state of overseas assets but 1.37 trillion, 1.6 trillion overseas income.But state overseas bottom five years, also have the citic group, China metallurgical group, some enterprises in overseas assets, such as sinosteel expansion at the same time, overseas income slumped.
By the end of 2010, the 100 multinational companies, state-owned enterprises have 46, overseas assets 2.8 trillion yuan, hemispherical pipe cap manufacturer in china overseas income 2.5 trillion yuan, the number of employees 300000 people.By the end of 2012, China's largest overseas assets 47 central enterprises, overseas assets total 3.8 trillion, overseas income amounted to 4 trillion, 448000 the total number of employees. 47 central enterprises accounted for the country's largest overseas assets total 85% of the total assets of 100 multinational companies abroad, become the absolute main force of Chinese enterprises to go out.
Overseas assets of more than 100 billion yuan in 2013 China enterprise there are 10, are all state-owned enterprises. Including the industrial and commercial bank (3.99, 0.06, 1.48%), large diameter ASTM end cap for water pipe China construction bank (4.46, 0.06, 1.33%), bank of communications (4.68, 0.02, 0.43%), cnooc, sinopec, etc. 10 home champion is in oil, with 820.1 billion yuan overseas assets.
Huge assets, does not mean that China state capacity for overseas assets. Vice chairman of the China enterprise confederation Li Jianming says, if a company's overseas income accounted for more than 30% of the total, means that the company have a certain scale of overseas initial when overseas income accounted for more than 50% of total revenue, to say the company overseas assets operation is good.
47 central enterprises in China's largest overseas assets, by the end of 2012, overseas income accounted for more than 30% of the total revenue is only 11, 25 central enterprises overseas income of less than 10%, Carbon steel threaded ASME B16.9 concentric reducer the proportion of the national grid company (microblogging) are the lowest.In 2012, the state grid company's total revenue reached $1.88 trillion, 40.53 billion assets overseas, but it was only 2.24 billion overseas income. State grid in its overseas revenues in 2012 when the proportion of total revenue is only 0.12%. China mobile, China huadian, China unicom (microblogging) (3.39, 0.04, 1.17%), the national grid than four central enterprises overseas accounted for less than 1%; Another Chinese telecoms giant China telecom (microblogging) than overseas accounted for only 1.24%.Foreign income to total revenue for the highest percentage of three central enterprises of zhuhai Dijon, respectively accounted for 98.1%; Sinochem group, accounting for more than 80.8%; Cosco (3.44, 0.18, 4.97%), accounted for 70.43%. China's overseas revenue is the highest in the oil, its overseas income of more than 1.3 trillion, 2012, accounting for 49.88% of total revenue.
Unlike speculation, China's four big oil companies to go out a few years, whether in the overseas assets or income are better than other state many overseas. By the end of 2012, CNPC, sinopec, cnooc and sinochem's four major petrochemical state of overseas assets total 1.97 trillion, 2.8 trillion overseas income. The total number of employees more than 100000 people overseas. In 2010 at the end of the year, the four big petrochemical state of overseas assets but 1.37 trillion, 1.6 trillion overseas income.But state overseas bottom five years, also have the citic group, China metallurgical group, some enterprises in overseas assets, such as sinosteel expansion at the same time, overseas income slumped.
2013年9月11日星期三
August electricity surged in the whole society
In August, according to figures released 90 degree pipe fitting long radius elbow across the whole society power and industrial power will appear to rise significantly.In August of zhejiang province society of electricity 35.8 billion KWH, up 15.2%; Than the 11.8% growth in July increased almost 4%. Jiangsu province society that month electricity ANSI B16.9 A234 WPB 180 Deg Elbow consumption grew by 20.6% year on year; Than 13.52% last month and the growth rate in more than 6%.
In addition henan whole society power astm a53 schedule 80 galvanized steel pipe consumption grew 21.7% year-on-year in August, anhui is approximately 30%. Not released the whole society of hubei province electricity, but in August, its complete the 13.827 billion KWH electricity in hubei electric power company, a record high, the usual monthly peak more seamless steel tube manufacturers than 11.533 billion KWH 2.294 billion KWH, up 19.89% from a year earlier. This shows that in hubei province on August the whole society power consumption is not low.
Across the whole of society power consumption growing rapidly, and accelerated industrial power, and use air conditioning.Hubei electric power company sources, power increase rapidly, with high temperature caused by air conditioning load rise sharply. The industry also improved. But air conditioning played a leading role. "Now, after the temperature decrease sharply lower electricity load is one example." The person said.
On September 4, digital display, hubei power consumption is 350 million KWH. Than on August 16, 570 million KWH, plunged 40%.
In August in jiangsu province by the letter committee said in a report, industrial growth, reflect the condition of the industrial economy WenZhongQuSheng. In August, the eight major industrial sector WenZhongQuSheng operation, among them, the pharmaceutical industry leading growth, machinery, light industry, petrochemical, metallurgical and other industries operating order, textile, building materials, electronics industry running smoothly.
Power in anhui province by the letter committee, deputy director of the BianZhongQing believes that in August the whole society power up, and high temperature has a great relationship. Industrial use air conditioning now common, the increased load.
In addition henan whole society power astm a53 schedule 80 galvanized steel pipe consumption grew 21.7% year-on-year in August, anhui is approximately 30%. Not released the whole society of hubei province electricity, but in August, its complete the 13.827 billion KWH electricity in hubei electric power company, a record high, the usual monthly peak more seamless steel tube manufacturers than 11.533 billion KWH 2.294 billion KWH, up 19.89% from a year earlier. This shows that in hubei province on August the whole society power consumption is not low.
Across the whole of society power consumption growing rapidly, and accelerated industrial power, and use air conditioning.Hubei electric power company sources, power increase rapidly, with high temperature caused by air conditioning load rise sharply. The industry also improved. But air conditioning played a leading role. "Now, after the temperature decrease sharply lower electricity load is one example." The person said.
On September 4, digital display, hubei power consumption is 350 million KWH. Than on August 16, 570 million KWH, plunged 40%.
In August in jiangsu province by the letter committee said in a report, industrial growth, reflect the condition of the industrial economy WenZhongQuSheng. In August, the eight major industrial sector WenZhongQuSheng operation, among them, the pharmaceutical industry leading growth, machinery, light industry, petrochemical, metallurgical and other industries operating order, textile, building materials, electronics industry running smoothly.
Power in anhui province by the letter committee, deputy director of the BianZhongQing believes that in August the whole society power up, and high temperature has a great relationship. Industrial use air conditioning now common, the increased load.
2013年9月5日星期四
Enterprise refinancing enthusiasm high
So far, a total of more than 16 enterprise, disclose the purchase plan, most of the financing for real estate project carbon steel seamless A106 steel pipe development. Several other enterprise, involving assets injection and bond issuance. Always raise funds for more than 53 billion yuan.
Among them, five of the estate enterprise seamless steel tube manufacturers private placement plans were examined and passed at the general meeting of shareholders, respectively is: sansho co plans to raise 1.2 billion yuan, to openning the sea is a mansion, hongqiao sansho plaza project; Plans to raise 5.5 billion yuan, xinhu zhongbao bid to SCH80 ERW Steel Pipe Shanghai new pearl city three phase three, four blocks, and Shanghai new cyanine international projects; Song Dou co plans to raise 1.5 billion yuan, to nanjing south county international garden project and hangzhou east county international phase iii project; Plans to raise 4.324 billion jinke shares, to xi 'an FengCheng open states fortune center project 2 project, chongqing, and chongqing metro city project in the world; Beijing urban construction plans to raise 3.9 billion yuan, at Beijing world hualong with projects, Beijing sea catalpa mansion project, Beijing, Beijing river area land development projects, etc.
To issue corporate bonds plan has been approved by a general meeting of shareholders of the enterprise, has the wolong real estate, changchun after open, as well as cinda real estate, etc. Jia KaiCheng, YuKaiFa, new city B shares, the Chinese enterprises to issue corporate bonds scheme is in the board of directors plan stage, without a shareholders' meeting.
Among them, five of the estate enterprise seamless steel tube manufacturers private placement plans were examined and passed at the general meeting of shareholders, respectively is: sansho co plans to raise 1.2 billion yuan, to openning the sea is a mansion, hongqiao sansho plaza project; Plans to raise 5.5 billion yuan, xinhu zhongbao bid to SCH80 ERW Steel Pipe Shanghai new pearl city three phase three, four blocks, and Shanghai new cyanine international projects; Song Dou co plans to raise 1.5 billion yuan, to nanjing south county international garden project and hangzhou east county international phase iii project; Plans to raise 4.324 billion jinke shares, to xi 'an FengCheng open states fortune center project 2 project, chongqing, and chongqing metro city project in the world; Beijing urban construction plans to raise 3.9 billion yuan, at Beijing world hualong with projects, Beijing sea catalpa mansion project, Beijing, Beijing river area land development projects, etc.
To issue corporate bonds plan has been approved by a general meeting of shareholders of the enterprise, has the wolong real estate, changchun after open, as well as cinda real estate, etc. Jia KaiCheng, YuKaiFa, new city B shares, the Chinese enterprises to issue corporate bonds scheme is in the board of directors plan stage, without a shareholders' meeting.
2013年8月27日星期二
Should industry profits
The current industrial profits higher, evident in the field of some monopoly industries.The national bureau of statistics, according to a report in July 1, 2013 industry profits are mainly xs long radius 90 degree welded carbon steel elbow concentrated in the electric power, heat production and supply industry, computer, communications, and other electronic equipment manufacturing industry, oil processing and coking and nuclear fuel processing industry, automobile manufacturing.
Pull the four industry above designated size industrial enterprises the main profit growth of 10.5%. While the remaining 37 industry's main activities combined profits to reduce 29.37 billion yuan, profit growth will industrial enterprises above designated size's 7D Butt Welded Bend Pipe fittings main activities down by 8.7%. "July industrial enterprise profit growth has improved, but the new profit only focus on a few industries, the enterprise profit level is still low." He ping conclusion is given.
In addition to the textile, clothing, shoes, furniture and other industries, the coal mining industry profits decline is ASTM A234-WPB butt-weld carbon steel cap larger, July 1 - a 43.9% drop in profits; Oil and gas industry profits fell 9.5%.Beijing huang teng long trade consultancy experts now coal profit is the main reason of the decline in its price is too high, the regulating function of market economy have can make contradiction, coal demand decreases, lead to coal prices fell again, and the downward trend will continue to decline, at least to fall as the world's average cost level, can eliminate excess capacity.
In addition, vice chairman of the China federation of logistics and purchasing Cai Jin pointed out that at present, some industry profit margins is low, and the transformation of the economy as a whole, some industry overcapacity serious about. "The next step to set out to reform, and better to delegate, some more active market dynamic policy." Cai Jin said.
Pull the four industry above designated size industrial enterprises the main profit growth of 10.5%. While the remaining 37 industry's main activities combined profits to reduce 29.37 billion yuan, profit growth will industrial enterprises above designated size's 7D Butt Welded Bend Pipe fittings main activities down by 8.7%. "July industrial enterprise profit growth has improved, but the new profit only focus on a few industries, the enterprise profit level is still low." He ping conclusion is given.
In addition to the textile, clothing, shoes, furniture and other industries, the coal mining industry profits decline is ASTM A234-WPB butt-weld carbon steel cap larger, July 1 - a 43.9% drop in profits; Oil and gas industry profits fell 9.5%.Beijing huang teng long trade consultancy experts now coal profit is the main reason of the decline in its price is too high, the regulating function of market economy have can make contradiction, coal demand decreases, lead to coal prices fell again, and the downward trend will continue to decline, at least to fall as the world's average cost level, can eliminate excess capacity.
In addition, vice chairman of the China federation of logistics and purchasing Cai Jin pointed out that at present, some industry profit margins is low, and the transformation of the economy as a whole, some industry overcapacity serious about. "The next step to set out to reform, and better to delegate, some more active market dynamic policy." Cai Jin said.
Technology, management and business models
Pay special attention to the "technology, management and business model" three innovation, strengthen the enterprise vitality and vigor. Iron and steel industry to achieve transformation and upgrading, to focus on innovation as the power, focusing on technical innovation, improve product quality, reduce production costs, reduce energy consumption and R=3D 45 degree Pipe Fitting Bend pollutant emissions, improve market share, enhance core competitiveness, to create "production and increase production efficiency and quality, increase efficiency" the development of the new model. On the innovation of innovation focus on the following three aspects:
One is the technology innovation. This is the business enterprise inside the core of the "hard" innovation, technology innovation large diameter ASTM end cap for water pipe including the "new product research and development innovation" and "technology innovation" two aspects. To increase investment in research and development, to promote the construction of the enterprise independent innovation system, through the "production - study - research - with" technology innovation and technology innovation platform for the 89mm SCH40 Seamless steel pipe and tube construction of the alliance, set up the partnership with strategic users, expand enterprise innovation new product development and applications, a stable customer base, gaining new market space. For technological innovation at the same time, to solve the high consumption, high emission in the process of production, to realize green development, make the traditional industry to glow the new vitality of iron and steel;
The second is management innovation. This is the business enterprise inside the "soft" innovation, including the enterprise organizational innovation and corporate culture innovation. The first-class mechanism system make the first-class enterprise and the first-class products. Enterprises shall be added in the reform, through the internal organization structure optimization, to facilitate enterprises to establish internal business profit center plate operation pattern and the production management, responsibility system for internal management, establish enterprise internal strict management system and efficient operating mechanism. At the same time, through cultural innovation, combine cultivation culture and cultivate brand, establish management with the characteristic of enterprise culture.
Three is business model innovation. This is the innovation of the enterprise profit model, from pure iron and steel enterprise manufacturing enterprise transformation to a service-oriented enterprises, by implementing the procurement mode, marketing mode, financing mode innovation, vigorously with the depth of the integration of informatization and industrialization, the transition of business operation mode.
One is the technology innovation. This is the business enterprise inside the core of the "hard" innovation, technology innovation large diameter ASTM end cap for water pipe including the "new product research and development innovation" and "technology innovation" two aspects. To increase investment in research and development, to promote the construction of the enterprise independent innovation system, through the "production - study - research - with" technology innovation and technology innovation platform for the 89mm SCH40 Seamless steel pipe and tube construction of the alliance, set up the partnership with strategic users, expand enterprise innovation new product development and applications, a stable customer base, gaining new market space. For technological innovation at the same time, to solve the high consumption, high emission in the process of production, to realize green development, make the traditional industry to glow the new vitality of iron and steel;
The second is management innovation. This is the business enterprise inside the "soft" innovation, including the enterprise organizational innovation and corporate culture innovation. The first-class mechanism system make the first-class enterprise and the first-class products. Enterprises shall be added in the reform, through the internal organization structure optimization, to facilitate enterprises to establish internal business profit center plate operation pattern and the production management, responsibility system for internal management, establish enterprise internal strict management system and efficient operating mechanism. At the same time, through cultural innovation, combine cultivation culture and cultivate brand, establish management with the characteristic of enterprise culture.
Three is business model innovation. This is the innovation of the enterprise profit model, from pure iron and steel enterprise manufacturing enterprise transformation to a service-oriented enterprises, by implementing the procurement mode, marketing mode, financing mode innovation, vigorously with the depth of the integration of informatization and industrialization, the transition of business operation mode.
2013年8月21日星期三
Fitch believes China mobile limited profitability OTT
One of the three major rating agencies fitch, 16, said China mobile's revenue growth and profitability forecast will be subject to other telecom companies and OTT service competition.
OTT is to point to in the operation of the Internet service, the provider does not need to set up the physical concentric reducer steel pipe fittings network, but relying on the operators to provide Internet operations, such as familiar with micro letter, QQ, Skype and other services.
Fitch believes that although the expected growth of 3 g services in the first half of 2013 will continue, but due to the data service margin profit margin is generally lower than the traditional long radius butt weld pipe elbow voice services, operating cash flow will basically remained stable. Fitch estimates that China mobile's 3 g revenue rose 96% from a year in the first half of this year, this will offset due to fierce competition and voice data instead of business led to a decline in their voice and text messaging business income.
However, fitch is expected in the next two to three years, China mobile users and services revenue market share will continue to hydraulic equal tee pipe fitting decline gradually. China mobile's earnings will slow its growth and profitability faced by OTT alternative pressure of competition. In the first half of 2013, China mobile is still from the traditional voice and SMS gain 69% of their revenues, the plate can obtain higher profit but also faces more alternative risk.
Fitch believes that China mobile to speed up to the td-scdma LTE 4 g technology licences will help to reduce the weakness in the field of mobile data. Poor China mobile's 3 g business development has made the company began to lose some high-end mobile users to the end.Recently, the state council issued to promote information consumption policy, including issues of 4 g licences before the end of 2013, and we will accelerate the development of td-scdma LTE guidance.
OTT is to point to in the operation of the Internet service, the provider does not need to set up the physical concentric reducer steel pipe fittings network, but relying on the operators to provide Internet operations, such as familiar with micro letter, QQ, Skype and other services.
Fitch believes that although the expected growth of 3 g services in the first half of 2013 will continue, but due to the data service margin profit margin is generally lower than the traditional long radius butt weld pipe elbow voice services, operating cash flow will basically remained stable. Fitch estimates that China mobile's 3 g revenue rose 96% from a year in the first half of this year, this will offset due to fierce competition and voice data instead of business led to a decline in their voice and text messaging business income.
However, fitch is expected in the next two to three years, China mobile users and services revenue market share will continue to hydraulic equal tee pipe fitting decline gradually. China mobile's earnings will slow its growth and profitability faced by OTT alternative pressure of competition. In the first half of 2013, China mobile is still from the traditional voice and SMS gain 69% of their revenues, the plate can obtain higher profit but also faces more alternative risk.
Fitch believes that China mobile to speed up to the td-scdma LTE 4 g technology licences will help to reduce the weakness in the field of mobile data. Poor China mobile's 3 g business development has made the company began to lose some high-end mobile users to the end.Recently, the state council issued to promote information consumption policy, including issues of 4 g licences before the end of 2013, and we will accelerate the development of td-scdma LTE guidance.
2013年8月20日星期二
Supply chain control is refers to through the motions
Though the supply chain has repeatedly been criticized, but apple seems to be in a supply chain "repeatedly made the whole 114mm carbon seamless steel pipe china suppliers repeatedly, and the whole recidivism" mire and cannot extricate oneself.
Chinese enterprises newspaper reporter noted that in early August 2013 was five environmental group is located in high-tech short radius 90 degree elbow industrial development zone of kunshan city named dingxin electronic, caused the sensation in the August 2011 apple supplier survey impressively in the column.
In February this year, the media supplier for apple kunshan pollution problem during the visit, found the rectification is not completely solved, ding xin electronics companies such as the impact on the surrounding environment has been reduced, but its emissions are still affecting the astm a234 seamless carbon steel tee surrounding residents.Make broad enterprise management consulting company, chief expert tan small fang in an interview with Chinese enterprises newspaper reporter said, seemingly apple has a supplier to prevent pollution regulations, but in the actual process, these are just a pro.
On August 16, the relevant person in charge of the research centre for Chinese labor HuaHaiFeng in an interview with Chinese enterprises newspaper reporter said that the reason that apple's supply chain problems, "the key is the apple when accounting the product cost, profit, the raw materials and artificial cost, profit margin is very clear. As foundry enterprise, without the brand and technology, the profit is very low."
It is understood that foxconn margin of 1.7% in the first half of this year, and pegatron is only 0.8%. According to relevant data, foxconn, apple's profit chain inside, only 2% of the share in the profits. And can realize the share in the profits but also lower than that of foxconn.
An apple said publicly that PCB PCB supplier for raw materials procurement prices sharply interacting, to some extent led to the happening of the pollution.HuaHaiFeng introduction, "raw materials is the market price, this can't save. So part of apple's suppliers had to targeting other costs, such as environmental protection, staff wages, labor insurance, etc."
HuaHaiFeng also told reporters that "apple suppliers had environmental pollution problem is also a reason, foundry enterprise profit is low, and the high price of environmental protection equipment hardware, general contract enterprises. Even afford, late maintenance and operation cost is very high, so the environmental protection equipment can save a province foundry enterprises, can't open, don't open, discharges, events caused by this."
Chinese enterprises newspaper reporter noted that in early August 2013 was five environmental group is located in high-tech short radius 90 degree elbow industrial development zone of kunshan city named dingxin electronic, caused the sensation in the August 2011 apple supplier survey impressively in the column.
In February this year, the media supplier for apple kunshan pollution problem during the visit, found the rectification is not completely solved, ding xin electronics companies such as the impact on the surrounding environment has been reduced, but its emissions are still affecting the astm a234 seamless carbon steel tee surrounding residents.Make broad enterprise management consulting company, chief expert tan small fang in an interview with Chinese enterprises newspaper reporter said, seemingly apple has a supplier to prevent pollution regulations, but in the actual process, these are just a pro.
On August 16, the relevant person in charge of the research centre for Chinese labor HuaHaiFeng in an interview with Chinese enterprises newspaper reporter said that the reason that apple's supply chain problems, "the key is the apple when accounting the product cost, profit, the raw materials and artificial cost, profit margin is very clear. As foundry enterprise, without the brand and technology, the profit is very low."
It is understood that foxconn margin of 1.7% in the first half of this year, and pegatron is only 0.8%. According to relevant data, foxconn, apple's profit chain inside, only 2% of the share in the profits. And can realize the share in the profits but also lower than that of foxconn.
An apple said publicly that PCB PCB supplier for raw materials procurement prices sharply interacting, to some extent led to the happening of the pollution.HuaHaiFeng introduction, "raw materials is the market price, this can't save. So part of apple's suppliers had to targeting other costs, such as environmental protection, staff wages, labor insurance, etc."
HuaHaiFeng also told reporters that "apple suppliers had environmental pollution problem is also a reason, foundry enterprise profit is low, and the high price of environmental protection equipment hardware, general contract enterprises. Even afford, late maintenance and operation cost is very high, so the environmental protection equipment can save a province foundry enterprises, can't open, don't open, discharges, events caused by this."
International capital inflows slowdown and market-based reform of interest rates
Experienced in June capital extremely nervous situation, in recent two months, tight finances have been present state, and the central bank in the open market "lock short put long operation," let the market participants are always afraid to treat STH lightly, coupled with the 6" sch80 galvanized carbon steel pipe slowdown in international capital inflows and the market-based reform of interest rates and other factors, the rise is expected cost of capital is considerable.
On August 19, according to data, the Shanghai interbank offered rate (Shibor) short term rose across the board. Among them, the overnight rate rose 19.4 basis points to 3.403%. Seven-day rate rose 32 basis points, to 4.092%; 14 days interest rates rose 133.3 basis points, to 5.156%. One-month rate rose 36.5 basis points, to 4.925%.Were routed in the inter-bank bond market, the repo rate sharply upward, varieties of 14 days long radius butt weld pipe elbow and 21 days varieties respectively up 154.2 basis points and 120.6 basis points, to 5.359% and 5.376%.
From the point of the primary market, dealers association yesterday's non-financial corporate debt financing tool pricing valuation, according to the time limit valuations are lifted up, including 10 years and within each rating valuation varieties rises is more apparent, more than 8 basis points.
No positive repurchase due this week on the open market, and 26 billion yuan in 16 billion yuan bill time reverse repurchase due; If the carbon steel threaded connections tee central bank in the open market without any operation, this week will be drained a net 10 billion yuan.
"The central bank should continue to do reverse repurchase operation, are likely to increase the scale of operation, the interest rate should be stable or decreased." A city firm financial marketing researcher told our reporter, "the current financing area has been relatively tight, national debt is issued, the local government debt and debt-financed are struggling, the central bank will not let this situation continue."
Last week, the central bank to continue to carry out reverse repo, the scale of the varieties of 7 and 14 days is 11 billion yuan and 28 billion yuan respectively, as well as a sequel to the 75.5 billion yuan three-year bill; Combined with bill and reverse repurchase of the previous period expires, the influence of the week to open market net 47.5 billion yuan; If given another 50 billion yuan Treasury deposit account, the net quantity was closer to 100 billion yuan.
On August 19, according to data, the Shanghai interbank offered rate (Shibor) short term rose across the board. Among them, the overnight rate rose 19.4 basis points to 3.403%. Seven-day rate rose 32 basis points, to 4.092%; 14 days interest rates rose 133.3 basis points, to 5.156%. One-month rate rose 36.5 basis points, to 4.925%.Were routed in the inter-bank bond market, the repo rate sharply upward, varieties of 14 days long radius butt weld pipe elbow and 21 days varieties respectively up 154.2 basis points and 120.6 basis points, to 5.359% and 5.376%.
From the point of the primary market, dealers association yesterday's non-financial corporate debt financing tool pricing valuation, according to the time limit valuations are lifted up, including 10 years and within each rating valuation varieties rises is more apparent, more than 8 basis points.
No positive repurchase due this week on the open market, and 26 billion yuan in 16 billion yuan bill time reverse repurchase due; If the carbon steel threaded connections tee central bank in the open market without any operation, this week will be drained a net 10 billion yuan.
"The central bank should continue to do reverse repurchase operation, are likely to increase the scale of operation, the interest rate should be stable or decreased." A city firm financial marketing researcher told our reporter, "the current financing area has been relatively tight, national debt is issued, the local government debt and debt-financed are struggling, the central bank will not let this situation continue."
Last week, the central bank to continue to carry out reverse repo, the scale of the varieties of 7 and 14 days is 11 billion yuan and 28 billion yuan respectively, as well as a sequel to the 75.5 billion yuan three-year bill; Combined with bill and reverse repurchase of the previous period expires, the influence of the week to open market net 47.5 billion yuan; If given another 50 billion yuan Treasury deposit account, the net quantity was closer to 100 billion yuan.
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