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Add: South of Qiantong Road, Cangzhou City, Hebei, China

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Phone: 86-13303171370

Tel: 86-317-8517170

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E-mail: export@jundesteelpipe.com

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The Steel Industry Will Need To Reduce The Asset-liability Ratio To Below 60% In Three To Five Years

Jan 17, 2018

Recently, ERW Pipes and Tubes !! erw pipe steel all 3 layers oil and gas pipe/tube a survey by Beijing Commercial Daily reporter found that from the end of 2017 to early January 2018, there was a "roller coaster" -like change in steel prices, soaring from the road to dropping. On January 13, Beijing Commercial Daily reporter learned from the 2018 council of China Iron and Steel Association ("CISA") that after a series of measures such as de-capacity and corporate reorganization, the price of steel should be returned reasonably and the profitability of steel enterprises Also further enhanced. Best sale erw pipe and st 37 steel pipe made by reliable steel pipe manufacture in china .However, capacity warnings have not been completely lifted. Previously, roller coasters staged on steel prices proved that the steel industry is still facing the risk of blind expansion of production capacity, the revival of strip steel and the high asset-liability ratio of the industry.hot dip zinc galvanized Carbon construct erw steelpipe/tube in stock .

 

Steel prices return to rational development at the same time, corporate profitability has also been further enhanced. 6 inch Steel Pipe for Sale / Round ERW Steel Pipesand Tubes / Carbon Steel Pipe. In the first eleven months of 2017, the steel enterprises of China Steel Association (CASC) made a total sales revenue of 3.35 trillion yuan, up 35.05% over the same period of last year and achieved a total profit of 157.8 billion yuan, an increase of 123.2 billion yuan over the same period of last year. Some long-term loss of the company also achieved a turnaround. Beijing Commercial Daily reporter statistics report on the performance of many steel companies found that in the first half of 2017 a number of steel companies record highs. Manufacturer rectangular ERW steel pipe .

 

While the supply is limited, the market demand for steel has not weakened, and construction orders rebounded sharply. Steel prices have shown a clear upward trend due to the low absolute inventories and drastic reduction in the supply during the heating season. Data show that in November-December 2017 steel prices rose sharply, or 1000 yuan. Steel pipe manufacturer Junde Steel will be closely watched. Building material Q195/Q235 erw welded pre galvanized square structure  steel pipe /tube .

 

However,pre galvanized erw schedule 40 galvanized steel pipe price,

 the long-term prospects are not short off-season market did not spread throughout the winter, the domestic steel market is still weak downward. Threaded Galvanized ERW Carbon Steel Pipe .Over the past two years, the steel industry has completed a number of heavyweight mergers and acquisitions. The first shot that started the restructuring of the steel industry was BaoWu Steel. In June 2016, Baosteel Group and Wuhan Iron and Steel Group announced the start-up of strategic reorganization. ss400 sch40  ERW  Pipe / Galvanized Steel Pipe / Hot Dipped GI Pipe Factory Price . From Baowu restructuring, in 2015, Baosteel Group's crude steel output was 34.93 million tons and WISCO's crude steel production was 25.77 million tons. The combined crude steel output after the merger would reach 60.7 million tons, becoming Second only to ArcelorMittal the world's second largest steel group.ERW API SPEC 5L steel pipe/API SPEC 5CT weld steelpipe 24" oil pipeline . According to the data provided by Baosteel, in the case of crude steel output, the newly merged Baowu Company will rank the third in the global steel market, the third in the car plate production capacity and the first in the oriented silicon steel production capacity.galvanized square tube erw square steel pipe, gi square tube, weld iron square hollow section 50*50 . China Steel Association suggested that the steel industry should use 3-5 years to reduce the asset-liability ratio to 60%.black round metal carbon ERW steel pipe .


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Contact information

South of Qiantong Road,Cangzhou City,Hebei,China

86-317-8517170

whatsapp/Wechat: 86-13303171370

export@jundesteelpipe.com

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