After the expansion of the range of steel losses and the opening of production reduction, the price pressure began to conduct to the upstream charge, coke first round of 300 yuan/ton of rise and fall has fallen, and with the deepening of the rise and fall, coking production limit pressure will further increase. At present, except coking coal and iron ore, the rest of the black industry chain has fallen into loss. In the case of no significant improvement in terminal demand for the time being, coking coal will face greater price pressure from steel coke, and profit between coal coke steel will also be redistributed.
China's domestic commodity futures market early black varieties continue to decline. As of midday close, coking coal down nearly 3%, coke down nearly 2%, iron ore down more than 1%.
Last trading day, coking coal, coke main contract fell sharply. Nearly two months, coking coal, coke main contract has fallen from the peak concussion, the extent of more than 25%.
From the main downstream steel industry, China Iron and Steel Association recently analysis, may domestic steel production growth, many places to resume production, the national steady growth policy has been introduced, but the pull of demand is not obvious, the domestic market steel demand growth is not as expected. At the same time, superimposed iron and steel production growth, as well as raw fuel prices in the early surge after a fall, resulting in a small downward trend in steel prices.
Double coke futures slump mainly from the downstream terminal demand just negative feedback transmission, futures prices fell ahead of spot, is expected to be under pressure in the short term. In general, the macro steady growth expectation is gradually weakening, which is not conducive to the double coke terminal demand. The inventory in the upstream of the industrial chain is increasing, the middle and downstream are in a state of de-stocking, and the utilization rate of coking capacity shows signs of high decline. Bifocal futures prices have technically weakened. Overall judgment, double - coke futures prices may continue to weaken.
Steel processing industry - Current status of the pull through slitting line
Growth in the construction, automotive and consumer pull through slitting line has played a big role in providing the needed boost to the global steel processing industry. The global steel processing industry is projected to grow at a CAGR of 6.86% between 2020 and 2026. Alloy steel is the fastest-growing segment of the global steel processing market and is suitable for all applications.
Metal and Steel Processing industry – the pull through slitting line market demand
Market demand for steel processing is expected to grow by us $642.43 billion by 2020, with a CAGR of 2.16% from 2015 to 2020. Growth in the global construction, consumer electronics and automotive industries has played a huge role in providing the necessary momentum for the global steel processing industry after the economic slowdown of 2007-2009. In addition, the reduction of alternatives to steel has made steel an indispensable part of customers lives. The recovery of the global pull through slitting line economy will also boost demand in the steel processing market.
The Asia-pacific region is expected to become the fastest-growing region in the steel processing market from 2015 to 2020. Major players in steel processing prefer agreements, contracts, joint venture and partnership strategies as well as expansion and investment to gain a larger share of the market. Leading pull through slitting line providers of steel processed products and services are focusing on emerging countries that are expected to show potential for industrial development in the near future.
Metal and Steel Processing Industry - Future planning of the pull through slitting line
The steel processing market is a highly fragmented one due to the huge demand for environmentally friendly products and changing technologies. Large companies rely on regional and local distributors to increase their market share and geographic distribution. The company is pursuing inorganic growth strategies such as acquisitions to respond to the growing demand for steel processing in key emerging markets. These strategies have helped the company build a larger customer and partner base in key pull through slitting line markets.
The application needs of steel processing are constantly changing and manufacturers must continue to invest in RESEARCH and development and come up with innovative solutions.
Steel deep processing is the only way for the development of the pull through slitting line steel industry. Chinas steel production is in the stage of oversupply, structural contradictions are: advanced production capacity and backward production capacity coexist; The shortage of high-end products and the surplus of low-end products coexist; Industrial concentration is poor.
Leading manufacturer of metallic processing machines, the pull through slitting line supplier
Foshan Te Xiang Machinery Co., Ltd ( www.txmachinery.net ) is a China leading manufacturer of metallic processing machines, including slitting line, cut to length line , stainless steel polishing line, ERW tube mill line, roll forming machines, embossing line and etc.
Thanks to the experience acquired in many years of business in the field of sheet metal processing, and the continuous collaboration with downstream manufacturers that demand reliability and the maximum productivity, we have developed various types of cut to length line machines for special applications, with solutions at the forefront of technology, and able to reduce the production costs of the end product. TX CTL line can be incorporated with air cushioned, bomb-door type stackers, computer controlled high-precision 4 HI and 6 HI levellers, edge trimmer and etc.
According to the dimensions, thickness of the material, and production capacity, TX cut-to-length cutting lines can be divided into various types:
1)start-stop shear CTL line;
2)flying shear CTL line;
3)rotary shears CTL line ;
4)trapezoidal shear CTL line;
5)heavy gauge CTL line;
6)flat bar cut to length line
National Grid is asking UK companies how much they can cut their electricity demand next winter to help keep the lights on. According to foreign media reports, national Grid's netw…
Looking for a custom cable gland? Yueqing Bolun Electric is an industrial and trade enterprise specializing in the resarch & development of…
Molybdenum disulfide is a solid powder made from natural molybdenum concentrate powder, which is the modern…