2014年7月28日星期一

European renewable energy investors have called for global carbon price mechanism

More than 500 days in the future, a mechanism of about 2020 years later a new climate agreement, will be in constant discussion forming,carbon steel api 5l x60 oil pipeline finally agreeing on a climate conference in Paris in 2015.Before the agreement to surface, in addition to the governments of climate diplomacy, is mixed with nongovernmental organizations (ngos) and related businesses make recommendations.Irish global Renewable energy developers as a Mainstream Renewable Power, chief executive, Eddie O 'connor (Eddie O Connor) in Beijing, said in an interview with the "21st century business herald, the sum of carbon emissions in Europe and China account for more than half of global carbon emissions. The china-europe on carbon pricing, therefore, is to develop a legally binding to prevent the key to the international convention on climate change.

O 'connor throw this point of view, "because the world, the two countries (regions) is interested by transparent visual,CS Piping and plumbing fitting china supplier combined experience to solve the problem of carbon emissions, the European carbon market system has been implemented seven years, China also carried out in shenzhen last year, and many other pilot" carbon emissions trading.
That is to say, he hopes that China should play a hand in hand with the European climate leadership. At present, as China and the United States in the field of climate change the sound of the increasingly powerful, G2 (China) the power of partnerships to be amplified. However,Class 150lb ANSI B16-5 Welding Neck Flange there are also ngos that in climate diplomacy relations of power balance, China should also establish a closer cooperation with the eu.

But o 'connor's purpose in China, is to explore the new energy market of China, and promote international climate negotiations.

2014年7月1日星期二

Avoid regulatory bank cut European subsidiary swaps guarantee

After the financial crisis, the swaps market by tighter regulation of the United States government, America's big Banks, however, find new ways to avoid regulation.Specifically, including bank of America, citigroup, Goldman sachs, jpmorgan chase and Morgan Stanley,ASME RF/FF Welding Socket Weld slip on flange some Banks have started to modify some provisions of overseas subsidiaries swap contracts, to evade the authorities of the regulation of derivatives trading.

To this, there are, according to people familiar with the modified terms and conditions of the agreement is aimed at America's big Banks, London subsidiary or its and non-us swaps between Banks. Because these companies have to operate with a large number of swaps, according to the requirements related to the bank to regulators promptly disclose the details of the swap. And when the content of the part of the contract is modified,carbon steel seamless A106 steel pipe and pipeline the corporation need not guarantee for overseas subsidiaries of swaps. All contract debt entirely borne by overseas companies. On the premise of not by the parent company guarantee, such contracts will not be affected by us regulators to review.

Derivatives, a consulting firm (jack Chen Pronetik) President (JackChen) said: "cancel the guarantee measures of transfer of the legal responsibility of American corporate entities, and protect the trading behavior of overseas subsidiaries."For Banks to swap contracts transferred to a subsidiary of the European, only by European regulators will bring many benefits. European derivatives trading rules of the earliest to wait until early 2016, and some bankers expected,natural gas spiral welding steel pipe even if the European regulation, its efforts will be far less than the United States. So, after the swaps parent company cut off contact with the United States, the United States parent company may further transfer part of the swap to Europe. Such a seemingly quietly shift, to give priority to with London European swap market, transfer of $700 trillion.

2014年3月20日星期四

Steel PMI falling for three months

According to the physical union steel logistics professional committee of index of the latest report, in February this year the domestic steel industry PMI index was 39.9%,pipe api 5l grade x52 carbon steel pipe more fell 0.8% last month.This index has been falling for three months, and fell to its lowest level since September 2012, show that the steel industry overall situation is quite serious.

Domestic steel production fell back.In February, the steel industry production continues to fall to 35.2%, from the previous month fell 0.1%, the index has dropped for four consecutive months keep.Shrinkage and purchasing activities related to production, raw materials inventory index for the lowest level in nearly five months.Since the fourth quarter of last year, the domestic crude steel production is declining,elbows carbon steel pipe fitting price in December last year the average daily crude steel output fell to 2.011 million tons, cisa forecast in January this year China's crude steel output of 1.986 million tons a day, fell 1.2%, fell 3.2% year on year;Mid-february the crude steel output of 1.966 million tons a day, fell 4.8%.Pollution is more serious, in hebei province has started this year with action to resolve the steel overcapacity "first shot".The current steel prices have been far below cost, the enterprise production of kinetic energy will increase.

Demand for steel is hard to get rid of the downturn.In February, the new orders index was 32.4%, the iron and steel industry is down 1.1% last month, for six consecutive months is below 50% contraction range.However, the size of the index fell in significantly narrowed,large diameter carbon steel pipe flanges indicated that with the advent of the traditional consumption season, steel demand or to improve, and improve the magnitude of the estimation is relatively limited.Iron and steel industry for new export orders index return to expand the range, display the current steel exports relatively early better.

2014年2月18日星期二

Coal impasse to break the ice

At present, although the enterprise's annual report has not been released, but from the near end of yangquan coal and datong coal, coal companies have to sell assets at the phenomenon of performance,SMLS Pipe A-106 Gr.B As per ASME B36.10M industry BaiXiang is evident.Countries have introduced policies limiting coal production.Run, experts say, the coal industry has difficulty is indisputable fact that, as the future strengthening environmental protection, at the same time, the international coal imports into significantly, low industry consolidation will continue for a period of time.

"The difficulties now is not the most severe, more severe winter might gradually coming behind."Xiamen university,seamless elbow 90 for welding 3d China's energy Lin Bojiang, director of the center for economic research, told reporters.Lin Bojiang think, 2014 excess capacity, coal oversupply situation will continue, and with the acceleration of the national energy structure adjustment, will continue for a period of time.Future coal industry is facing to the problem of production capacity, mergers and reorganization will be popular.This year also depends on the performance of coal enterprise negotiation results.

Before the Spring Festival,ansi class 150 flange gas and coal negotiations, 2014, although the "star" is, but so far there is no exact results of negotiation.Coal negotiations did not progress, the domestic big six plants all visa coal synergistic with long.No matter what kind of pricing model with the existing coal negotiations are delayed, mainly because of prices, most market participants don't look good final negotiation result is likely to end in "compromise" coal enterprises.

2014年1月19日星期日

Trust platform flock to the real estate market

"Trust is the shadow of China's largest Banks, so to speak. And round through trust mode of operation, a lot of money into real estate industry, the local financing platform."In virtue of trust platform and a large amount of wealth management products are flocking to the real estate market, the succinct answer of one industry source,cold drawn carbon steel pipe in the face of the current at 9% to 10% or even higher yields of trust, even if its disguise again good, some people will be able to analyze economic common sense slightly their money into -- real estate, there is no elsewhere, on the market at present 90% of the shadow banking money into real estate or real estate related.

Shadow banking money into real estate is possible, also is a kind of investment the financial vulnerability people use of the present model, the problem is that the us central bank has been hijacked, shortage of money reversed transmission finally forced to release the liquidity, originally mean to mass produce mode of a lot of money by the shadow banking debt bubble and warning, asset bubbles, however,STD 1D carbon steel pipe fitting elbows this kind of to be seen as a warning urging, so it is hard to predict how much our currency and passive super hair to quell the desire of too big to fail.

The outbreak of the subprime mortgage crisis from the United States, many people will question to the federal reserve tightened monetary policy this appearance.The real trigger is the quantitative easing monetary policy on the water by printing money lead to asset prices, allowing more and more buyers can't afford to buy a house, even if it is barely able to afford a house, also does not intend to real debt.Many people believe that the U.S. real estate bubble burst because of excessive speculation, but careful to identify, a more clear logic will emerge, the donor is mostly rigid demanders,ASME A106/A53 Black Steel Pipe and tube rigid demand does not mean no risk, on the contrary, it means that the amplification of the risk, break the rigid demand for tide once formed, the whole real estate bubble will blow and broken.And this gives us a revelation, China now is there are a lot of rigid demanders, but that doesn't mean there's no risk.

2014年1月13日星期一

China's imports of iron ore 820 million tons in 2013

According to Chinese customs according to the latest figures, China's import 73.38 million tons of iron ore and concentrate,A106b steel tube large diameter ERW steel pipe in December rose by 3.44%, from 77.84 million tons in November by 5.74%.That month for imported iron ore price $127.7 / ton, from slightly.Annual imports of iron ore 820 million tons, up 10.2%, the total import unit price $129.03 / ton, up 0.4% year-on-year.

In December, according to data from imported steel 1.21 million tons, in November of 1.25 million tons,ASME B36.10M pe coating carbon steel tube annual cumulative imported steel 14.08 million tons, up 3.1%;December imports 40000 tons of steel, annual imports of 550000 tons, 53% increase compared to the same;November to December exports steel 5.37 million tons, 5 million tons, annual export 62.34 million tons, 11.9% increase over last year.

Data at the same time, according to a December coke exports of 750000 tons, annual exports of 4.67 million tons,a105 industry standard welding neck flange 358.1% increase over last year.In 2013 to import coal 2013 tons, an increase of 13.4%.China imported 280 million tons of crude oil in 2013, an increase of 4%.