China seamless steel pipe exports policy or a big positive change, in addition, the recent domestic projects approved faster, some infrastructure including railways and airport expansion project, released a "steady growth" signal, to help boost the confidence of the steel market.Tianjin steel spot prices since October to modestly, and now the basic state of in situ oscillation, and did not appear the phenomenon of falling sharply.I steel pipe network XianShaoJuan it follows that the pattern of "bear market" of the steel prices did not change, is out of the opportunity to iron and steel enterprises.With constant increase and assets reorganization project steel listed companies and investors ZhongDuanXian concern.More positive policy expectations, is to promote the iron and steel plate is the main reason for the recent overall oscillation to rise.Some people think that China's steel industry due to overcapacity has been three consecutive years bear market, some government departments are developing to encourage export policy details.In the past, because of the price of Chinese
seamless steel tube is generally lower than international prices by 10% ~ 30%, companies are familiar with China's policy is "based on domestic supply, develop bilateral and multilateral trade appropriate", does not encourage exports.But overcapacity has made steel policy guidance, in addition, tianjin lida tube mill, found that both market appeared a partial rebound phenomenon: season, part of the electrical appliances enterprise clean up the inventory, the amount of raw materials purchasing rose above 50%.And much of the city house property clinch a deal the data all have obvious growth, promote housing starts amount increased.The finished goods in the Chinese steel industry, the proportion of more than 40% is used in the above two industries.The depths of the single from the point of practical operation, the enterprise management, in the seamless steel tube industry are on the place: in the first three quarters of this year, shandong iron and steel net profit loss of 991 million yuan again.Tianjin lida steel pipe that: 42 listed steel companies of 30 in the first three quarters of profit, profit rate more than seventy percent, the total profit of 11.276 billion yuan, loss of steel mills have 12, shandong iron and steel with chongqing iron and steel, bayi iron and steel is loss in the first three.However, the company announced over the weekend will increase plan: intended to not less than 1.81 yuan/share price, non-public is not more than 2.762 billion shares, raising the total does not exceed 5 billion yuan.The indirect controlling shareholders mountain steel group, will take no less than 10% of the new shares.Issue raised by about 5 billion yuan all funds will be used for capital increase of rizhao
seamless tube base for the construction of the project.Because of the huge amount will increase, the enterprise has the prospect of rescue.
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