2013年9月23日星期一

Cities housing prices continue to go up in August

On September 2, China index research institute [microblogging] release "soufun said index",cold drawn carbon steel pipe full of new housing 100 cities, according to data from the sample survey on August 100 cities in China (new) residential average price is 10442 yuan/square meters, rose 0.92% from July, 15th straight since June 2012 rose; Rose rose 8.61%, for 9 months.
Compared with July, and August soufun said gains in the hot city leads continues to expand, the average rise is expanded 0.05% last month, rising city number increased to 71. Or is the highest in fuzhou, rose 3.92%.

According to soufun said index of 10 big cities such as Beijing full sample survey data show that in August 2013, 10 cities housing for an average of 17871 yuan/square meters,3D eblow Carbon Steel pipe fittings the monthly rose 1.49% in July, up 0.15% in July to expand. Which Beijing rose 3.22%, or is the largest, wuhan rose 2.16%, to rise.

Prices rose by an average of 12.18%, compared to the 10 cities, rise in the 10th straight month,carbon steel threaded connections tee and gains a 1.12% in July to expand. All rose in August, the ten cities, guangzhou, Beijing, shenzhen, nanjing, chengdu rose by more than 10%, Shanghai, wuhan, chongqing (main), hangzhou gains between 5% ~ 5%, increase of tianjin is lower than 5%.
The index, according to the report in some cities supply insufficient still, policy easing,6" sch80 galvanized carbon steel pipe buyers wait-and-see mood to further alleviate driven by multiple factors such as August there is still a new development project "the sun" phenomenon, land prices are still rising, further stimulating cities index rose.

2013年9月21日星期六

Port of domestic iron ore up 0.06% month-on-month

China port iron ore inventories (coastal port 25) is 74.318 million tons,Standard ASME ASTM A105 Carbon Steel SO Flanges compared with the previous increase of 50000 tons, up 0.06% month-on-month.

This week, the domestic iron ore market as a whole continue running smoothly, the parts and minerals slightly slightly adjusted, markets wait-and-see stalemate. At present,3D eblow Carbon Steel pipe fittings the domestic iron ore market resources no obvious signs of tension, dressing manufacturers and traders to price stability will remain strong. Part of the mainstream minerals still fewer marketing resources, and more concentrated in the hands of "large" resources, market marketable resources is not much, traders up for grabs. The above situation or supporting role for iron ore market. Next week is expected to domestic iron ore market or a small adjustment, but the market as a whole is still in the consolidation stage.
At present, the iron ore market and steel market linkage is relatively close, after entering in September,Carbon Steel butt-welding equal tee the steel market is not rally to celebrate the "golden nine silver ten", but the movements of a small decline in some steel variety, markets expected peak season for signs of failed late traders look weak steel market mentality is aggravating, together with the "buy or not to buy up" under the psychological effect of steel market is difficult to breakthrough the bottleneck,10 inch thick wall galvanized seamless carbon steel pipe sch160 demand and steel parts varieties and even a small decline in. This kind of situation will inevitably adverse influence on the formation of iron ore, lead to a small decline in iron ore market. Next week is expected to domestic iron ore market, or a slight concussion downward trend now.

2013年9月15日星期日

More than 10 trillion local government debt in credit "black hole"

Although the auditor audit results of local government debt is not "out", but the personage inside course of study basic judgment debt, schedule 80 galvanized steel pipe a dramatic increase of 10.7 trillion at the end of 2010.Chengxin group executive vice President of the Shanghai newspaper reporters, according to their estimates, so far, China's local government debt balance between about 15 trillion - 18 trillion.

Which can be divided into two parts: one is to measure explicit debt, according to public data mainly includes the Treasury issuing local government debt, 60mm thick wall seamless carbon steel pipe urban construction investment bonds, platform loan, trust, etc.; 2 it is difficult to open data statistics of the implicit debt, including mat endowment construction, the BT (construction - transfer), the issuance of wealth management, private equity and other hidden debts, which accounts for the "leading role".

Not only such a large scale of local government debt is not yet clear, as a publisher, is also local government credit information is not yet clear.The main two parts of local government ratings, carbon steel ERW A106 steel pipe but was not clear."Treasury issuing and pilot is a part of the local government debt, this part of the regulators did not require a rating, also didn't begin rating, another part is the rating agencies in the city for debt, according to the need of local government, but only as a financing platform company government of such issuer rating reference, limited to the rating agencies, has not publicly." He told reporters.

This is the overseas market situation is very different. For a special kind of local governments while a review of the group, A106 High quality carbon structural steel tube but at present, including the standard &poor's and fitch, moody's, the three major international rating agencies rating to local governments in different countries, and our country in view of the local government's credit rating is still missing in the field of rating.

But this kind of defect are expected to be gradually filled. In July this year, the ministry of finance announced that in the future in the process of local government debt on its own, will actively create conditions to gradually set up a credit rating system. Reporters recently learned that regulators are to establish credit rating system of local government, is expected to be gradually introduced in the future.

2013年9月12日星期四

The current steel market inventory is still low

Steel market is still in the low inventory at present, the arrival of the high cost, manufacturing stabilization American carbon steel eccentric reducer trending up obviously, supported by demand side steel prices in the short term up to down. This situation will continue to drive the downstream industry capital.

Unlike metallurgical coal prices, the ASME B16.25 Welding on the pipe end cap price of thermal coal remains dire. Reporters learned from qinhuangdao coal network data centre for the study of thermal expansion of seamless steel tubes people, the qinhuangdao thermal coal prices remain at 540-546 yuan/ton (5500 calories), prices of basic Seamless tube used in steam pipe consistent with last week. One analyst told reporters that at present, the domestic main coal enterprises promotion policy for thermal coal price has formed a larger, in fact the power coal prices have begun to stabilize, small areas appear agent rise phenomenon.
Turn to port Numbers, the current inventory is fallen to a relatively low level. On September 10, qinhuangdao port coal stockpiles have fallen to 6.14 million tons, to the lowest level since June this year, bohai sea four week port coal stockpiles fell 661000 tons, a drop of 3.72%.

On the other hand, the qinhuangdao port anchorage recently jumped to more than 100 ships. According to the Shanghai newspaper reporter understanding, July and August anchorage boats in only 20 or so. "The direct power supply factory inventories remain at around 19.7 days on average, prices are low, the power plant procurement enthusiasm begins to rise." Qinhuangdao coal network analyst said. Domestic coastal shipping costs have risen sharply is a more powerful evidence. As of September 6, the domestic coal dry bulk main routes, on average, sea freight rose by 2.95 yuan/ton to 44.40 yuan/ton, rose 7.12%.

2013年9月5日星期四

London metal exchange base metal futures prices fell by 4 days

London metal exchange (LME) base metal futures prices fell by 4 days, the day ended in addition to the price 45 degree short radius pipe fitting elbows increase of tin, other metals prices are lower than the previous session, with zinc prices fall and among them the most obvious.

Global economy turns good signs make metal demand outlook improves, August business activity in the euro zone and Welding Socket Weld slip on flange the best record for more than two years, orders for the first increase since the middle of 2011, suggests that the eurozone economy this season will be a slight increase. In addition, HSBC China services PMI rose to a five-month high in August. But on the other hand, the inhibition of the Syrian military strike risk investor risk appetite, metal prices fell.

Freeport mike mullen remove copper and gold mine company announced its glass located in Indonesia, the world's second scaffolding structural steel tube largest copper mine's copper shipments of force majeure. After the mine casualty accidents in May, has stopped operating in nearly four months. 4, close, the three-month copper's unofficial settled for $7134 a tonne, more than the previous trading day down $111, or 1.5%.Indonesia's largest tin tin exporter countries announced the force majeure and stop thermal expansion of seamless steel tubes shipment, this caused the market to supply concerns. 4, close, three-month tin's unofficial settled for $21870 a tonne, more than $295 in the previous session, up 1.4%.

In addition, 4 s, three-month aluminum unofficial settled for $1790 a tonne, more than the previous trading day down $31.5, or 1.7%. Three-month zinc unofficial settled for $1874 per ton, than the previous trading day down $34, fell 1.8%. The three-month lead the unofficial settled for $2142 a tonne, more than the previous trading day down $13, a 0.6% drop. Three-month nickel's unofficial settled for $13680 per ton, than the previous trading day down 20 dollars, or 0.1%.