At the beginning of September,the price of national steel will decrease, the overall supply and demand sides in the standoff. Terminal procurement has slowed, brokers see atmosphere significantly worse overall turnover slowed down.
Export pressure increased
From the perspective of external demand, according to the latest Customs statistics, in August 2015 China's exports of steel (1953, 0.00, 0.00%) 9.73 million tons from the previous month increased by 2 million tons, up 25.9%; from January to August, China's total exports of steel 71.87 million tons, an increase of 26.5%. August China imported 1.02 million tons of steel last month fell 30,000 tons, down 12.82%; from January to August, China's total steel imports 8.72 million tons, down 9.54%.
Profit from the steel mills, the current non-tax molten steel costs 1250-1350 yuan / ton, steel billets from the loss of tens of dollars to the current 100 yuan per ton, (2350, 0.00, 0.00%) in different regions thread, wire per ton of steel from a loss of tens of dollars to tens of dollars have profit. Sheet business losses remained at 200-300 yuan / ton.
9/09/2015
Iron and steel enterprises will face bad days
According to the China Iron and Steel Association statistics, from January to July, members of the iron and steel enterprises to break even profit -62.23 billion yuan, up from a profit becomes a loss, the loss reached 46.53%.
Iron ore prices quickly rebounded, so that the original state of steel prices at a loss even worse. Rapid increases in raw material prices, but steel (1951, -12.00, -0.61%) spot price of the product, but not up, although it has entered the 'golden nine silver ten' shopping season, but the needs of the market still did not pick up .
Currently tons of steel mills in North China's average loss of about 100 yuan, while the East China steel prices because of advantages in transportation costs per ton average loss of about 50 yuan, some mills are also able to reach breakeven.
Increased loss of nickel supply and demand imbalance
Nickel industrial production reduced losses continue to spread.
2014 LME nickel prices fell from 20,000 points later, once the sound increase or expand a nickel smelting mineral mining companies are quick return to calm. January 20, 2014 began, a total ban on Indonesian exports of nickel ore, ferronickel support China's high-quality nickel suddenly lost more than two-thirds of origin, China ferronickel production in 2015 plummeted. According MYSTEEL site statistics, average monthly production of 554,000 tons 2013 2014 average monthly production of 479,000 tons, since 2015, the average monthly output 383,000 tons. Not only the number fell by more than 30 percent, high-grade nickel-iron fell from 12-15 to 8-10, forcing the 300-series stainless steel smelting capacity expansion of electrolytic nickel.
Nickel market supply and demand situation continues to be reversed.
Chinese imports of nickel 46,361.4 tons in July, growth of 20.3%, an increase of 161.6%. Although LME nickel inventories have fallen about 6 percent to 451,962 tons, in the lower grades of nickel-iron, nickel plate prices plummeted, the increase in nickel plate cut big situation, China's stainless steel production enterprises to increase the use of refined nickel will be more high enthusiasm, LME inventories continued downward trend will only accelerate without pause. Russia Norlisk has raised global nickel supply shortage to 60,000 tons in 2016. If nickel prices continue to be 50 percent below the industry cost line of tragic run, 2016 nickel supply and demand situation will worsen, the gap between supply and demand will continue to expand.
2014 LME nickel prices fell from 20,000 points later, once the sound increase or expand a nickel smelting mineral mining companies are quick return to calm. January 20, 2014 began, a total ban on Indonesian exports of nickel ore, ferronickel support China's high-quality nickel suddenly lost more than two-thirds of origin, China ferronickel production in 2015 plummeted. According MYSTEEL site statistics, average monthly production of 554,000 tons 2013 2014 average monthly production of 479,000 tons, since 2015, the average monthly output 383,000 tons. Not only the number fell by more than 30 percent, high-grade nickel-iron fell from 12-15 to 8-10, forcing the 300-series stainless steel smelting capacity expansion of electrolytic nickel.
Nickel market supply and demand situation continues to be reversed.
Chinese imports of nickel 46,361.4 tons in July, growth of 20.3%, an increase of 161.6%. Although LME nickel inventories have fallen about 6 percent to 451,962 tons, in the lower grades of nickel-iron, nickel plate prices plummeted, the increase in nickel plate cut big situation, China's stainless steel production enterprises to increase the use of refined nickel will be more high enthusiasm, LME inventories continued downward trend will only accelerate without pause. Russia Norlisk has raised global nickel supply shortage to 60,000 tons in 2016. If nickel prices continue to be 50 percent below the industry cost line of tragic run, 2016 nickel supply and demand situation will worsen, the gap between supply and demand will continue to expand.
iPhone 6s won't afraid of being bent breaking with a new aviation aluminum
Beijing on September 10 morning news, Apple today held a new conference in San Francisco, Bill Graham civic auditorium, introduced iPhone 6s and iPhone 6s Plus.
IPhone 6S uses a new generation of aviation aluminum,and will never afraid of being bent breaking.
Apple found to iPhone6s and iPhone6s Plus a new rear casing material, -7000 series aluminum alloy, which improved 60% compared to ordinary aluminum material hardness, density reaches a third of stainless steel, while maintaining a lightweight aluminum material.
This will greatly enhance the iPhone's durability, ensure your iPhone will not be sitting bent.
Would you buy iPhone 6s or iPhone 6s Plus?
About, iPhone6 and iPhone6 + why so easy to be breaking bend?
More information can be viewed::http://www.detect-metals.com/iphone6-and-iphone6-why-so-easy-to-be-breaking-bend/
IPhone 6S uses a new generation of aviation aluminum,and will never afraid of being bent breaking.
Apple found to iPhone6s and iPhone6s Plus a new rear casing material, -7000 series aluminum alloy, which improved 60% compared to ordinary aluminum material hardness, density reaches a third of stainless steel, while maintaining a lightweight aluminum material.
This will greatly enhance the iPhone's durability, ensure your iPhone will not be sitting bent.
Would you buy iPhone 6s or iPhone 6s Plus?
About, iPhone6 and iPhone6 + why so easy to be breaking bend?
More information can be viewed::http://www.detect-metals.com/iphone6-and-iphone6-why-so-easy-to-be-breaking-bend/
Jamaica alumina plant restart after close 6 years
Recently, Jamaica Alumina Company completed the largest single export 35,000 tons of bauxite, which is also considered to be in Jamaica Alumina restore full load operation long journey is an important milestone.
Minister of Mines Jamaica Paulwell said, "This is six years, Jamaican alumina company's first major economic activity."
Reportedly, these bauxite Caesar will leave this week to Hong Kong, exports to Ukraine.
Jamaica Alumina Alumina is a joint venture with the Government of Jamaica established Rusal, is the largest alumina refinery in Jamaica. In 2009, the plant was forced to close due to weak global demand. However, Rusal pledged to December 2016, will be located in the southeast of St. Elizabeth restart Nain smelters. Meanwhile, in order to speed up the restart, the Jamaican Government agreed to the company's bauxite for export during the restart.
Minister of Mines Jamaica Paulwell said, "This is six years, Jamaican alumina company's first major economic activity."
Reportedly, these bauxite Caesar will leave this week to Hong Kong, exports to Ukraine.
Jamaica Alumina Alumina is a joint venture with the Government of Jamaica established Rusal, is the largest alumina refinery in Jamaica. In 2009, the plant was forced to close due to weak global demand. However, Rusal pledged to December 2016, will be located in the southeast of St. Elizabeth restart Nain smelters. Meanwhile, in order to speed up the restart, the Jamaican Government agreed to the company's bauxite for export during the restart.
9/08/2015
Alcoa Inc will restart Texarkana to meet the needs of the automotive industry aluminum
New York, Sept. 8 news, Alcoa (Alcoa Inc) announced that it will restart from 2009 that is idle foundry Texarkana, Texas, in order to meet the needs of the automotive industry aluminum.
Alcoa said it expects the project will increase output in the first half of 2016. Alcoa announced this plan coincided with aluminum (12040, 155.00, 1.30%) dragged down by the decline in ample supply, but many people still look to the future demand will increase, due to automobile manufacturers seeking to increase the amount of aluminum.
Alcoa said it expects the project will increase output in the first half of 2016. Alcoa announced this plan coincided with aluminum (12040, 155.00, 1.30%) dragged down by the decline in ample supply, but many people still look to the future demand will increase, due to automobile manufacturers seeking to increase the amount of aluminum.
9/07/2015
US anti-dumping on Chinese steel nails preliminary administrative review
US Department of Commerce in China nail preliminary anti-dumping administrative review,these companies dumping margin is 12.51%:
DezhouHualudeHardwareProductsCo.，Ltd
ShandongDinglongImport&ExportCo.，Ltd
ShanghaiYuedaNailsIndustryCo.，Ltd
TianjinLiandaGroupCo.，Ltd
TianjinUniversalMachineryImp&ExpCorporation
Xi'anMetals&MineralsImport&ExportCo.，Ltd
April 8, 2015, the US Department of Commerce in China Pinning final anti-dumping administrative review. Qingdao German domestic source of several major enterprises Group Co., Ltd. Anti-dumping margin of 16.62 %, 118.04% of China generally.
DezhouHualudeHardwareProductsCo.，Ltd
ShandongDinglongImport&ExportCo.，Ltd
ShanghaiYuedaNailsIndustryCo.，Ltd
TianjinLiandaGroupCo.，Ltd
TianjinUniversalMachineryImp&ExpCorporation
Xi'anMetals&MineralsImport&ExportCo.，Ltd
April 8, 2015, the US Department of Commerce in China Pinning final anti-dumping administrative review. Qingdao German domestic source of several major enterprises Group Co., Ltd. Anti-dumping margin of 16.62 %, 118.04% of China generally.
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