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Seamless pipe rise stimulates steel enterprises to accelerate stock storage

time2017/07/18

Disclosed three quarterly reports in 016 is drawing to a close, this year, the seamless steel tube industry from the year before last and last year's excess capacity, to this year due to supply side reform and eliminate backward production capacity, some enterprises to restore profitability, no doubt has become the focus of industry, and has been praised as "selling cabbage" is better than the steel mills finally also had the "roll over" style. China's seamless pipe network data show that between January and November this year, the total amount of steel enterprises in China's steel association reached 1.99 trillion yuan, with a year-on-year turnround and a profit of 25.06 billion yuan.

China seamless steel pipe said, mainly because of the reporting period the company through deepening reform, take the initiative to adapt to market changes, dig potential, strengthen the enterprise vitality and enhance the efficiency of management and at the same time the market rebound and steel seamless tube industry influence factors such as the price picks up, the company operating conditions and profitability have continued to improve.

For the fourth quarter, hong kong-listed China seamless pipe network prediction, with winter in northern China, the real estate infrastructure construction to reduce, steel consumption is expected to be a growth slowed in the third quarter and even fall. But the seamless pipe is expected to rise in the fourth quarter as the price of seamless pipe rises in the third quarter. The steel enterprises in accordance with the production, the operation will be relatively smooth.

The seamless pipe industry has also encountered the problem of "coal shortage" of seamless pipe price increase and supply tension. China seamless pipe network analysis, seamless pipe tension for several aspects. On the one hand, it is because reducing the supply of seamless tube industry production capacity to implement, the other party, as the northern winter around for seamless tube heating, while some steel mills to winter and the Spring Festival in advance reserve procurement of raw materials, the growth of demand stimulate the periodic seamless tube prices.

In addition, China seamless network said that for the future seamless pipe industry supply side reform key exists in the following aspects. In the industry, the seamless pipe industry promotes the effective solution of excess capacity and promotes industrial optimization and reorganization. Which, through the price adjustment, enterprise consolidation elimination, broadening the external market is the main way to solve the excess capacity, which means that from central to local levels of the integration of state-owned enterprises to the lower step by step away, is related to the improvement of the supply industry level. In terms of regulation, the real estate inventory should be resolved to promote the sustainable development of the real estate industry and eliminate the supply constraints at the regulatory level. Capital, prevent defuse financial risks, speed up the formation of the financing function complete, solid foundation system, market regulation, investors' rights and interests are fully protected effectively of the stock market, emphasis on the stability of the supply at capital levels.