As cross-border yuan trade settlement pilot in 2009, a growing number of market participants have a special liking to the yuan, at present has become China’s second-largest cross-border RMB currency and the world’s fourth largest payment currency. Accelerated the process of RMB internationalization, the global clearing services for system put forward higher requirements. After our…
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By the end of 2014, China’s crude steel production capacity has reached 1.16 billion tons, if China is willing to, we can produce 70% of the world’s iron and steel. In fact, China’s crude steel production in 2014 is the nine times, 4.8 times is the sum of the 28 countries! There are media reports…
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As the steel prices plummeted, the steel industry will have what kind of risk? 1, steel trade enterprise financial risk, there will be more iron and steel enterprise capital chain rupture, bring a lot of debt default. Steel trade crisis easing, there are risks of renewed. 2, is closely related to the iron and steel…
DetailsIn August, the crude steel output of 66.94 million tons, fell 3.5% year on year, rising 1% over the same period of last year; Steel production growth of 0.4%, growth fell 2% year-on-year. For coke production fell by 6.6%, the same period last year growth of 1.4%. Ferroalloy production increased by 6.3%, year-on-year growth increased…
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This year, according to customs statistics of shijiazhuang in hebei province August 1-15.124 million tons of steel exports, growth of 47.3% year-on-year, value 41.09 billion yuan, an increase of 8.8%, the same period in hebei province exports accounted for 31% of the total cost of the export. Accounted for half of private enterprises, state-owned enterprises…
DetailsAccording to the report, the European and American countries after countries such as China’s steel exports offensive, subsequently launched anti-dumping investigation. Concerns on the market, excess steel will return to Japan and southeast Asian countries. Daiwa securities analyst tail battery yishen ichiro said: “China’s downturn triggered by the global steel market is likely in the…
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In recent years, China’s relatively low value-added steel varieties of main areas is still the southeast Asian countries. Southeast Asia level of metallurgical steel and metallurgical steel costs compared to the domestic steel industry, but this kind of national infrastructure also high demand for steel, this led to the corresponding domestic steel varieties to enter…
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Many steel companies yesterday issued the latest prices. Wuhan steel shares issued in October, the product sales price policy. Price includes changes in October: hot dip galvanized aspects: DX54 series and high strength steel cut deep drawing above 200 yuan/ton, other unchanged; Electric galvanized aspects: CQ, DQ grade 150 yuan/ton (tax 175.5 yuan/ton), other cut…
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In the past twenty years, from Japan, South Korea and China Taiwan steel mill of new steel capacity investment push Vietnam explosive growth. According to the Vietnam steel association statistics, in 2014, Vietnam’s domestic steel output reached 12.3 million tons, up 19.8% from a year earlier, and this year is expected to further rise 14%…
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Tinplate aerosol cans make up about 80% of China aerosol containers. China has many of the tinplate aerosol cans production enterprise, in the coastal area of the pearl river delta, the Yangtze river delta and the haihe river delta is particularly intense. Representatives of tinplate aerosol cans producers is hangzhou cofco meetall container co., LTD.…
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