Tianjin Pengzhan Steel Pipes Co. Ltd.
Tianjin Pengzhan Steel Pipes Co. Ltd.

Tianjin Pengzhan Steel Pipes Co. Ltd.

Tianjin Pengzhan Steel Pipes Co. Ltd.
Tianjin Pengzhan Steel Pipes Co. Ltd.
Tianjin Pengzhan Steel Pipes Co. Ltd.

Tianjin Pengzhan Steel Pipes Co. Ltd.

Tianjin Pengzhan Steel Pipes Co. Ltd.
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Lower steel prices in the second half of the downward trend

(Summary description)

Lower steel prices in the second half of the downward trend

(Summary description)

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Recently, the negative factors from European debt risk, expanding the U.S. economic downturn, the central bank tightening monetary policy, the domestic steel (4784, -53.00, -1.10%) price downward trend for several weeks.
Steel prices continued to decline
Beginning in mid September with the price of raw materials such as billet continuous decline, domestic steel prices decline to enlarge, September 19th, the major domestic market prices continue to decline pileare prices ranging from 20~100 yuan, the decline has been enlarged, cold resistance continued to fall.
Investment advisor in the building materials industry researcher Zou Mingxiao in an interview with China made by the news reporter pointed out: the fundamental reason for the decline in domestic steel prices is an oversupply of iron and steel."
From the supply perspective, the current steel production capacity release rapidly, as of September 18th, the major domestic steel city construction total inventory 6 million 978 thousand and 600 tons, an increase of 204 thousand and 700 tons, of which steel stocks increased 125 thousand tons, wire (4600,0.00,0.00%) inventory increased 79 thousand and 700 tons, the domestic construction steel stocks have been rising for 4 consecutive weeks, the total stock market has exceeded the amount of last year the level of the same period.
Look from the demand, after August, Chinese economic growth rate down, real estate, railway, machinery, shipbuilding, automobile and other industries investment deceleration, steel demand weakened, the international market, the United States will continue to adhere to the policy of quantitative easing will lead to the devaluation of the dollar, the RMB appreciation trend will intensify the enterprise exports more difficult.
Steel enterprises funding problems appear
Capital is the blood of enterprise health operations, and in today's economic downturn, the central bank monetary policy tightening adverse environment, some of the steel prices have gradually surfaced funding problems.
At the beginning of 2011 to the end of 7, large and medium-sized iron and steel enterprise stock loans 478 billion 691 million yuan, an increase of 65 billion 207 million yuan, an increase of 15.77%; accounts receivable 76 billion 485 million yuan, an increase of 12 billion 516 million yuan, an increase of 19.57%; payable 305 billion 300 million yuan, an increase of 59 billion 933 million yuan, up 23.91%.
Chinese iron and Steel Industry Association, deputy secretary of the Party committee, China United steel net chairman Luo Bingsheng to analyze the data after said: "the current iron and steel enterprise capital turnover difficult enterprise, comprehensively strengthen the steel marketing work, it is necessary to accelerate the flow of funds in the current."
Many steel enterprises choose to rely on borrowing to maintain their operations, private lending fast behind the risk attendant.
In this regard, Zou Mingxiao said: "the private lending funds quickly, has the advantages of simple procedures, but also accompanied by high risk, high rates of" side effects ", to the private lending funds will undoubtedly increase the pressure on enterprise funds, but also increase the risk of enterprises. In order to solve the shortage of operating funds, private steel enterprises can choose more insurance outside the dismantling method, a steel enterprises can reduce steel production, reduce the cost of consumption, on the other hand, the proper way of financing according to their own advantages, preferential policies and capital market conditions, such as financing lease."
To protect the housing is difficult to become a life-saving straw
At present, some steel prices to the steel city "last hope golden nine silver ten" sustenance in the scale of the low-income housing construction project, but industry insiders and experts have said that the construction of low-income housing is difficult to become the "golden nine silver ten" life-saving straw "".
Shanghai Bao Xia trade development limited company general manager He Yonghua previously said in an interview in 2011, the project has already started the majority of low-income housing, 1-8 months, the national urban affordable housing and shantytowns housing has started 8 million 680 thousand sets of real, operating rate up to 86% years, even 10 million sets of low-income housing have all started it is difficult to pull the steel market demand. Plus the current real estate downturn, the purchase of the policy gradually deepening, the building of commercial housing in this piece of steel demand will continue to reduce.
Zou Mingxiao also said that at the end of 9, low-income housing construction is nearing the end of its climax, is unlikely to drive demand for upstream steel market growth, coupled with the two or three line of the city restriction policy began early results, buyers wait-and-see attitude is obvious, the steel market will be affected, is expected in the second half of the domestic steel prices will be continued to show a downward trend.
Shandong Ruitong pipe manufacturing Co. Ltd. is a professional manufacturer of small caliber seamless steel pipe, the main production and sales of 20#, 45# drawn tube, precision bright tube, precision steel tube, oxygen tube. The company has seamless perforation unit production line two, drawing six production lines, finishing production line six. The production of the outside diameter is phi 12mm--- phi 168mm, the wall thickness is 1MM-30MM and 12*1.5-98*12 precision cold drawn seamless steel pipe steel pipe.
The company set up a sales office in the factory sales of precision steel tube, cold drawn tube, oxygen tube and tube precision light in the market, or Hubei Xinye steel, Panzhihua Iron and Steel Group, Chengdu seamless steel, Chengde Steel Group, Anshan Iron and Steel Group Co. Ltd Wanli steel pipe seamless steel pipe factory, Baotou Steel, Xining special steel, Anyang, Qingzhou, Henan Ruihua seamless steel pipe factory authorized dealer. Business materials for: 10#, 20#, 3545, 16Mn, 27SiMn, 20g, 35CrMo, 40Cr, 15CrMo, 12Cr1MoV, 1Cr18Ni9Ti, etc.. Seamless executive standard: GB8162-99, GB8163-99, GB3087-99, GB5310-95, GB6479-86, ASTM (ASME) American Standard DIN DIN steel pipe; steel pipe; JIS JIS steel; BS steel standard.

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