2013年8月27日星期二

Do not rule out future possibilities listed overseas

2013 held in yesterday afternoon's first-half results conference, chairman of baosteel He Wenbo in reply to questions from investors, do not rule out the possibility of future to R=3D 45 degree Pipe Fitting Bend overseas listing, it mainly depends on two things, one is A large capital needs, 2 it is to have suitable time window, and the current a-share investors can accept the price. But he also said the company no overseas listings.

Rumors about baosteel overseas listing has been stopped. As early as in 2000, baosteel has activity in the United States the New York stock exchange, after unsuccessful due to factors such as long radius butt weld pipe elbow Labour costs for the nyse. In December 2006, xie qihua, the then chairman of baosteel group, in Japan, said baosteel is considering listed abroad, and may invite Japan's Nippon steel and South Korea's posco, equity participation, in order to realize the cross shareholding. In early 2007, the market has been rife that baosteel group intends to take the way of issuing securities depository (ADR) going public as a whole.

From the side of funds, baosteel has a API oil welded steel pipe large spending repeatedly in recent years, has been big financial pressure. In August last year, baosteel announced to invest 5 billion yuan cash to buy back their own shares. In October, the company acquired at a cost of $4.97 billion the state-owned assets supervision and administration of zhanjiang steel stakes in guangzhou. Later that year, the company has invested 8 billion yuan in CNPC three line of west-east gas project. Recently, the company announced to zhanjiang steel unilaterally cash capital increase of 12 billion yuan. It is reported that since 2014, baosteel zhanjiang iron & steel project will soon enter the peak period of construction, the static total investment of 41.5 billion yuan.

The new 2.3 billion tons of iron ore resources

Xinjiang uygur autonomous region of geological prospecting work symposium has learned: 358 public geological prospecting project start in five years, the state and xinjiang prospecting to Electric Resistance welding carbon steel tube upsurge of fiscal investment funds 7.369 billion yuan, not only in the tianshan between the north and the south newly discovered a huge amount of coal, iron, copper and other countries are in urgent need of mineral resources, has attracted more than 300 mineral exploration development enterprises and research institutes to xinjiang "treasure", vigorously promote the superiority resources transformation strategy and the construction of new industrialization in xinjiang.

According to the autonomous region of astm a234 CS seamless elbow R=1.5D geological exploration department, deputy director of the Du Shibao introduction, since the 358 project, determine the prospecting prospect area 13, ore concentration area of 23, 75 to newly discovered properties, submit large mineral exploration base 15, 7 large exploration development base. Many minerals added huge amounts of resources, among them, 420 billion tons of coal, iron ore 2.364 billion tons, 10.785 million tons of lead 180 degree elbow pipe fitting asme b16.9 steel elbow and zinc, tungsten, tin) 260000 tons, 5.506 million tons of copper, nickel, gold, 147.34 tons, 1.1329 million tons of molybdenum, etc.

At the same time, the project also boost social capital investment of 24.343 billion yuan, attracted 331 geological exploration units, more than 40 universities and research institutes, and more than twenty thousand kinds of geological and technical personnel to join in the geological exploration prospecting in xinjiang.

Currently, xinjiang has set up nine national ready exploration area, 6 autonomous region level ready exploration area, large mining companies followed suit, speed up the exploration and rapid formation of mine production capacity. Among them, o my lele ready national iron ore exploration area of the introduction of shougang group and baosteel group to invest 1.058 billion yuan of exploration and development, has now formed in processing 6.4 million tons of iron ore production capacity.

In addition, the xinjiang also attract shenhua, huadian, datang, huaneng, international trust &investment etc. More than 60 large enterprise groups to participate in coal resources exploration and development, as "the xinjiang coal sinotrans" "xinjiang electricity to east" provides ample resources protection.

In 2013, with three metallogenic belt in xinjiang, prospecting prospect areas and important ore concentration area as the key point, has invested 1.623 billion yuan, the deployment of 358 project 362, coal, iron, copper, nickel, lead and zinc, gold, potash sought-after commodities such as minerals and rare metal, strive to achieve new breakthrough in prospecting.

Sichuan steel will gradually move

On August 15, DaZhouShi sichuan province people's government to make a decision: steel group (a compound, moving from dazhou party secretary jiao weixia as steel battalion commander of relocation project.

It is understood that steel group near DaZhouShi of old factory city, administrative center less than 3 km hemispherical pipe cap manufacturer in china distance from city, has not adapt to the development of the city planning. This is each DaZhouShi to speed up the construction of the relocation project in the integration of regional central city of hubei, ASME B16.25 Welding on the pipe end cap strengthen environmental protection, an important measure to promote transformation and upgrading of enterprises. DaZhouShi government, the relevant departments and enterprises to ensure that the ASTM A106 seamless carbon steel tube end of the year to carry out the project planning and site selection, early next year to finish the work target.

After the relocation requirements in accordance with the "relocation accord with requirement of safety, environmental protection and the distance of the city, and to share peripheral function layout, infrastructure, and a big industry layout unifies" principle. At the same time, the steel group in the move to eliminate lag of high energy consumption, high pollution projects, use of dazhou rich natural gas and coal resources, vigorously develops the circulation economy, pushing forward the construction of the coal chemical industry, natural gas chemical industry to establish a new resource saving and environment friendly modern iron and steel, energy and chemical joint enterprise.

Steel mills controversy "excess capacity"

Solve the problem of excess production capacity, backward production capacity is the most attention to the administration, and determined to solve one of the topics. Listed in "the key to solve" directory of iron and steel enterprise, is to pay close attention to policy.

However, to be held in August 22, the 7th carbon steel spiral welded tube China steel on the original fuel market peak BBS, a number of steel mills executives don't think industry "of excess capacity. International economic and trade company of anshan steel group deputy general manager Li Daguang to the "daily economic news" reporter said, now the production of steel products are sold, social inventory is not much, that there are certain requirements. He prefers to define the current steel market for excess black carbon steel butt welded concentric reducer "weak".Since 2011 iron and steel industry profits, cisa said many times,, capacity utilization, reduce severe overcapacity is one of the problems and challenges facing the steel industry. According to the cisa data, by the end of 2012, China's crude steel production capacity of about 976 million tons, the actual output of 717 million tons, crude steel capacity utilization rate of 73.4%.

Recently, the planning institute of metallurgy industry for 10 types of steel capacity utilization analysis found that according to the reasonable calculation, capacity utilization rate of 80% in 2012, only Q235 seamless carbon steel pipe three varieties of galvanized sheet, rod and steel to achieve reasonable capacity utilization, other steel production capacity surplus. Cisa vice-chairman concurrently secretary general zhang changfu, according to relative to the current market demand, has serious excess.Evaluation indexes of excess capacity, however, was not in agreement between the government and enterprises. Hu Yanping zhonglian steel analyst believes that the existing overcapacity standard is too single. She believes that the Chinese market is more special, not one size fits all, need to increase the new measure to define whether overcapacity.

Li Daguang also said, now the production of steel products are sold, inventory is not much, that there are certain requirements. "Overcapacity is objective, but there is no serious excess."

At iron and steel co., LTD., vice general manager of LiuChuanWei also to the "daily economic news" reporter said, the size of excess steel production capacity can't say, more than from the actual utilization, situation is normal, also can't simply use steel benefits to illustrate whether overcapacity.

2013年8月26日星期一

Efforts to improve the quality and efficiency of development

The future development of China's iron and steel industry, the key is to use "the market reversed transmission mechanism" and "environmental pressure", promote the transformation and upgrading of industry. The so-called transition, is refers to the transformation of development mode, to the pursuit of scale from the past, the pursuit of the number of extensive development mode, transformation to the varieties of the pursuit of quality, the pursuit 5D induction bends 90 degree of efficiency of connotative development path. In a word, the iron and steel industry from the strategic scientific planning, innovation, scientific development; So-called upgrade, for enterprise, it is through the enterprise's own change, realize the change of mechanism, system and the improvement of ability, promote and upgrade technology, product and renewal and cultivating enterprise core competitiveness and achieve sustainable ASME B16.9 45 Deg Long Radius butt weld Elbow development. I think, the realization of the iron and steel industry transformation and upgrading, the logo is to focus on success and breakthrough in six aspects: one is to rely on innovation drive, to achieve product upgrading, promote industrial upgrading; The second is to adhere to the mechanism system, management and business model innovation, realize the convert from manufacturing to service; 3 it is to ASTM A234-WPB equal tee make significant energy conservation and emissions reduction, realize the industry green development; Fourth, according to market rules and dissolve excess capacity, optimizing the adjustment, realize the reasonable industrial layout and concentration; Five is to greatly enhance the informationization, internationalization level, the enhancement enterprise's openness and management ability; Six should make full use of two markets and two kinds of resources, enhance support capability, with emphasis on the iron ore resources, support the sustainable development of the industry. Ready to focus on the current:
One should speed up eliminating backward production capacity and low quality, low price products, optimize the industrial structure. To speed up the backward, as well as the effective measures to resolve the excess capacity, also is the only way to achieve industrial upgrading.

In the aspects of technology and equipment: at present, China's steel industry also has a lot of equipment. In smelting, less than 400 m3 blast furnace capacity by the end of 2012 and 4300 about 4300 tons, less than 30 tons of converter capacity is about more than 2000, ten thousand tons, the backward production capacity, with the strengthening of environmental protection, are eliminated. In steel rolling, our country in the international and domestic advanced level of production capacity of 70%, and nearly 30% of equipment can not reach the advanced level, modification or elimination, especially there are a lot of pack rolling sheet mill, hot rolled narrow strip mill, the backward conditions of open-train small mill and double duo wire mill rolling equipment, the need to speed up the elimination.

In terms of quality of steel products: relative to the current material saving, energy saving and environmental protection requirements, there are a large number of steel products need to be eliminated. More than 2012, the triple screw steel output of 104 million tons, account for only 55% of steel production, the secondary and the reinforced bar production still account for about 45% of rebar production, output of hot rolled silicon steel sheet and 400000 tons, common hot rolled narrow strip steel and 50 million tons. Behind these products need to production and application of the standard upgrade to eliminate.

2013年8月21日星期三

Financial planning platform has some common characteristics

Financial planning platform has some common characteristics

1) the Internet as the main service Electric Resistance welding carbon steel tube channel;
2) with automatic, intelligent algorithm for the user to provide services, significantly reduce the service cost;
3) focus on personalization and customization, and the long tail market;
4) financial plans clear and transparent, the user has complete information and options;
5) simple operation, users don't need too much finance knowledge can be independently;
6) low capital requirements, common threshold in hundreds of dollars, and often thousands, millions of magnitude assets requirement is quite different from the traditional financial management consulting;
7) mostly have a mobile application, the user 3D eblow Carbon Steel pipe fittings can make full use of fragmented time and fragmentation of capital to finance.
8) cost transparency, low;

These characteristics from the Internet technology and the concept on the financial planning/consulting business in-depth application, embody the distinctive spirit of the Internet (pratt &whitney, equality and freedom of choice), and not just financial planning/consulting online channels hydraulic equal tee pipe fitting to expand. So they are both the innovation of traditional financial planning/consulting and reactionary, also the extension of the market to the traditional financial planning/consulting industry cannot cover the crowd, just as the Personal Capital CEO Bill Harris said: "this is the largest I have ever met in the market. In the United States 32 trillion Personal investible assets management market, is the national twice GDP. Moreover, the market has not yet been rulers. Even giant Fidelity Fidelity and Schwab (Schwab) also account for only a small share of the market."

2013年8月20日星期二

Insights into digital media over the next three the layout of the "triple play"

In recent years, telecommunications, radio and television networks, Internet integrated communication network has become the most extensive demand, three the shares have been triple play the active promoter of my career. Three introduces to the reporter, director of the shares, as early as several years ago, three the shares already know that the future 89mm SCH40 Seamless steel pipe and tube of TV media development emphasis, not only set up the first with triple play in China as the research direction of scientific research institutions, and puts forward, in the future after the triple play TV media is no longer a single function, mode of transmission of TV programs from the traditional dominant one-way communication into a sharing, interactive media, mass communication and interpersonal communication more closely astm a234 seamless carbon steel tee combining with bus, and the future vision under the three shares the technology advantage, can be implemented, and each big television station to core technology should be implemented as soon as possible.

Now, three under the support of science and technology, the shares have found the gold key of triple play. Three barack shares involved in the state council announced the first batch of 12 triple play pilot areas (cities) in the three pilot cities, and the second batch of pilot triple play three local pilot cities of NGB digital media of radio, ASTM A234 socket welding pipe fitting tee film and television interactive platform construction project.

It is worth mentioning that the three the capital increase of Shanghai Long Jing technology science and technology, both sides coruscate gives powerful technical advantages, enough to steadily promote the project of triple play in China. The capital increase agreement signed Long Jing of Shanghai science and technology, enhance the market share in the field of triple play on both sides, for the new generation of intelligent terminal media promotion lay a solid foundation. At present this kind of intelligent terminal has been in a number of provinces and cities of radio, film and television media and telecommunications departments test and enter the bidding list, to be prepared for the recent bulk supply market.

, it is not hard to see, Long Jing capital increase of Shanghai science and technology are the three the shares "do domestic leading digital media technology integrated solution provider," an important step, strategic vision will steadily promote the innovation of science and technology and the superiority of digital media cooperation in China, and China's homes, will also for triple play the smooth arrival of The Times, and enjoy the various conveniences of future digital media services.

Most major markets in the asia-pacific region

By the previous trading day of the New York stock market indexes fell across, 19 stocks continue to maintain the overall 89mm SCH40 Seamless steel pipe and tube weakness in the asia-pacific region, most fall pattern.
On the same day, Seoul, South Korea, the stock market composite index fell 2.47 points, 1917.64 points, or 0.13%. India mumbai stock market sensitive 30 index 290.66 points, 18307.52 points, or 1.56%. Singapore straits times index fell 24.20 points, 3173.33 points, or 0.76%.

Stock market in Sydney, Australia's S&P/ASX200 carbon steel seamless eccentric reducer index slipped 1.33 points, 5112.53 points, or 0.03%. New Zealand stock market NZX - 50 index fell 10.65 points, 4503.22 points, or 0.24%.

China Hong Kong's hang seng index fell 54.11 points, 22463.70 points, or 0.24%. Chinese Taipei stock weighted index fell 24.79 short radius 90 degree elbow points, 7900.21 points, or 0.31%.But, on the day of the Tokyo stock market closed due to a weaker yen Yang, the nikkei 225 average price index rose 108.02 points, 13758.13 points, or 0.79%.