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Cement industry profits in the third quarter or surprise
After entering July, affected by factors such as production and power restrictions, the cement industry showed a scene of off-season price increases. The reporter noted that the Ministry of industry and information technology recently announced the list of the first batch of enterprises to eliminate backward production capacity in industrial industries this year. The backward cement production capacity eliminated was 92.75 million tons, which was the largest among 19 industries. Cement prices are sensitive to changes in supply. In the second half of 2010, various localities have implemented measures such as power rationing to reduce consumption and eliminate backward production capacity. Limited by the impact of electricity, cement prices rose by more than 16% from 350 yuan/ton in July to 410 yuan/ton at the end of the year, with an average increase of 30% in the cement industry in the secondary market.
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The elimination of backward cement production capacity is in line with expectations.
Cement industry dynamics: last week, the national average price of cement was the same as last week, of which, the rising area is mainly Zhejiang and parts of Guangxi, the price increase of 10-20 yuan/ton. The price of clinker in the Yangtze River Delta and eastern Hubei was raised twice by 10-20 yuan/ton, and the price of clinker in some areas of Guangxi was increased by 10-20 yuan/ton. Cement industry judgment: last week's important events in the industry include the Ministry of Industry and Information Technology to eliminate backward production capacity list announced, and railway fixed asset investment plan increase: 1) the Ministry of Industry and Information Technology announced the cement to eliminate backward production capacity.
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Analysis of the causes of attention to cement and new building materials in China
In the second quarter, some regional cement performance was eye-catching, driving the industry's single-quarter profit to positive growth for the first time year-on-year, from the enterprise's point of view of the two-level differentiation of performance increased, in terms of policy, it is recommended to pay attention to the cost and technical advantages of leading enterprises. Pre-focus tracking of new building materials enterprises reported profit growth or can reach 26.7, the new building materials sector is continuing to grow steadily, it is conducive to promoting the construction industry energy saving and consumption reduction, can achieve a win-win economic and environmental benefits, worthy of attention. The performance of cement enterprises shows polarization in the second quarter. On the one hand, the performance of cement enterprises increased by more than 100
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07
Hong Kong reproduces cement piles to prevent street sleepers after Guangdong cement cone
From Guangzhou, Hong Kong, laying cement cones under overpasses, making it impossible for street sleepers to settle under overpasses. In Hong Kong, there are also a group of street sleepers living on the streets for various reasons under the bright neon lights of the noisy city. Seventeen of them have been sleeping under the flyover on the West Kowloon Corridor at Yau Ma Tei Ferry Street for many years. In February last year, due to a greening project by the Yau Tsim Mong District Council, 2.53 million yuan (Hong Kong dollars, the same below) was spent on the bottom of the flyover with an iron net and 200 cement flower troughs were placed. Members intervened under the Hong Kong government's untimely clearance of the overpass, with pebbles, high and low stone piles, and undulating ground. "These are all designed to prevent
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CR Responds to Real-name Report by Senior Officials: Welcome to Provide Clues to Superiors
China News Service, July 17th. On the afternoon of July 17, China Resources Group issued a statement in response to the company's senior executives being reported by Wang Wenzhi, chief reporter of the Economic Information Daily, saying that there were "many speculations, conjectures and even malicious defamation in the report.", And said that "welcome to provide the company and higher-level regulatory agencies with factual basis for reporting clues, the Company also reserves the right to pursue legal liability and recover economic losses for all words and deeds that slander or slander the Company's reputation". The following is the full text of the statement. China Resources (Group) Co., Ltd. declares that the company has noticed that there have been recent reports from online media and institutions on the company.
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Benefit differentiation shows the trend of cement and other building materials industry is a positive signal.
The trend of the building materials industry this year can be described as a mixture of joys and sorrows. The good news is that the growth rate of traditional building materials products has relatively slowed down, while the development of high-tech, high-value-added new building materials such as cement products, technical glass, and lightweight building materials has maintained a strong rise. There are positive signals for structural adjustment. Worry is the traditional building materials products cement, glass and other sub-industry overcapacity serious, the urgent need to curb. Under the superposition of dual factors, the trend of my country's building materials industry in the first half of this year was better than expected at the beginning of the year, but overcapacity and declining benefits still plague the traditional building materials products that account for an absolute proportion. The building materials industry is in urgent need of green transformation. 15% growth rate is guaranteed to face
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Cement surplus forces policy to take action, local run, NDRC plea
With the growing voice of overcapacity in the cement industry, the relevant government departments have made a heavy blow. In May, the national development and Reform Commission and the Ministry of industry and information technology issued the notice on resolutely curbing the blind expansion of industries with serious overcapacity, pointing out that the two ministries and commissions are studying and formulating the overall plan for resolving the contradiction of overcapacity (hereinafter referred to as the plan), requiring all localities to inspect and clean up the illegal production capacity of excess industries such as steel, cement, flat glass and ships, and report and summarize them before the end of June. Recently, people familiar with the matter revealed that "one size fits all" banning new production capacity, increasing the elimination of backward production capacity, and supporting the merger and reorganization of large enterprises will be two
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The development of leading architectural decoration enterprises is significantly higher than the development speed of the industry
As a post-cycle growth industry, the building decoration industry may still maintain a double-digit compound growth rate during the "Twelfth Five-Year Plan" period and will continue to enjoy the dividends of macroeconomic development. In the short term, the negative impact of clean government policies such as real estate regulation and control and suppression of three public consumption on the industry has been basically digested in the second quarter; in the medium and long term, driven by the new urbanization and the upgrading of residents' consumption, there is still a broad incremental and stock demand in the sub-sectors such as residential decoration, subway transportation and urban complex. For listed companies in the industry, enterprises with excellent capital, design, management capabilities and smooth channel expansion will be significantly higher than the industry growth rate, brand and project experience.
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Global demand for cement and concrete machinery heats up
With the advent of infrastructure construction in various countries and the global demand for cement, the market demand for concrete machinery, concrete transport vehicles and other related construction machinery will increase greatly. Chinese enterprises will occupy the main force in the global concrete machinery market, and Chinese related enterprises will be profitable. Zambia's infrastructure has led to a sharp increase in cement demand with the start of many infrastructure projects. However, due to some of the government's policy stimulus, leading to its domestic cement prices skyrocketed. It was learned from a report in the Zambian media on May 20 that the price of cement in the Zambian country has skyrocketed, especially after the increase in fuel prices.
The United States ruled to continue to impose anti-dumping duties on steel products from seven countries, including China.
The U.S. International Trade Commission made a sunset review ruling on the 13th, continuing to impose anti-dumping duties on concrete steel products imported from China and other seven countries. The U.S. International Trade Commission issued a statement on the same day that the Commission believes that the cancellation of anti-dumping duties on concrete steel products imported from China, Belarus, Indonesia, Latvia, Moldova, Poland and Ukraine may lead to substantial damage to the relevant industries in the United States for a foreseeable period of time. According to the U.S. trade remedy policy procedure, as the U.S. Department of Commerce has previously made an affirmative ruling on anti-dumping sunset review, U.S. international trade
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