China and the eu should jointly develop the carbon price?

"I wish I could be in the meeting agreed, on the climate conference to introduce this global carbon price mechanism, in the process of the conference on this topic. Due to the responsibility sharing mechanism in the past 20 years is not successful,ASTM A53-b welded steel tube china suppliers to create a single carbon price is not the right path." O 'connor said.Assign responsibility has always been a difficult problem. Each country wants its excessive responsibility, also have a lot of researchers in academia through different mechanisms (regime) model calculated emissions responsibility from all over the world. Because of the different methodology, it is often difficult to get a satisfy all parties.

"If the carbon price have separate the global unified pricing system, can have a better chance of co-ordinate the national responsibility,mild steel pipe fittings carbon steel elbow company good governance environment at the same time." O 'connor believes global carbon price formulation can yet be regarded as a good solution, China and the eu should make strategic cooperation in this field.
Previously, the OECD's latest report "climate and Carbon: coordinated price and policy" also pointed out that reliable and continuous Carbon Pricing (Carbon Pricing) should become the cornerstone of climate policy.

According to the report, governments need to ensure that the carbon price enough to realize the goal,ANSI B16.5 Class150 lb Threaded Flanges at the same time make other policies consistent with the target. Countries are tough negotiations, and hope to reach a new agreement on climate goals in 2015 years ago, this need to look at their respective national policy system, strictly to assess their impact on climate goals.

The meeting also addressed the issue of economic conditions

In addition, the meeting also addressed the issue of economic conditions. The members first focus is Australia's labor market employment situation. Despite strong rise in February employment, Australia's domestic labor market remains weak. The unemployment rate has remained at 6% in February. Although a series of labor demand indicators can be moderately improve the employment prospects, but the unemployment rate is still likely to slightly higher in a period of time; Second, inflation, the fed minutes,ASME RF/FF Welding Socket Weld slip on flange said Australia modest wage growth will help curb domestic inflation pressure, consumer demand has increased.

Economic growth level for its main trading countries, Australia the fed thinks it with similar to the beginning of this year, but noted that its biggest trading partner China's growth slowdown. "Chinese policymakers worry that the credit might be stimulating policy constraints, if China needed stimulus measures." Australia the fed meeting minutes said.
Data show that China's 2014 data show that economic growth is still a few months before continued the slow mode of starting the second half of 2013. China's GDP growth target of 7.5% set in 2014,DIN 2573 PN6 Plate Flange the same as in 2013.

For the U.S. economy, Australia the fed believes that the recent data and further to moderate economic growth is consistent, in spite of the bad winter weather conditions in the first quarter of this year's economic activity is affected by the temporary. Signs that the rising consumer and business investment in the us in recent months, and in February payrolls grew more than the average speed of 2013.Finally,API SPEC X65 Carbon Seamless Black painting Steel Pipe Australia, the fed said the recent Australian dollar's rebound lessened its support role in the economic recovery. Lower the currency still return to help balance the economy.

, waters, according to the analysis of Macao fed officials made it clear that the lower the Australian dollar will help the economy in mining era "after" to make the country to regain balance. The meeting minutes on March decline in business confidence by managers on the Australian dollar higher, at the same time has also been used to explain why the Australian manufacturing performance.

Steel negative growth of investment in fixed assets

Li Zhongjuan introduces, at present, the various departments to strengthen the project approval (record),10 inch carbon steel pipe schedule 40 by use of land, the eia, coastline of supply and production license management, intensify the supervision and inspection of the;Introduced a project investment, land use, environmental protection, the equivalent replacement of standard, provide guidance and rectify illegal capacity;Ask around to illegal land, tax breaks and other checking up behavior, build a fair market environment;Actively promote the iron and steel, electrolytic aluminum industry project information and early warning information system construction, form the department between vertical and horizontal assisting.

At the same time, each region has strengthened the resolve contradictions work to carry out the overcapacity.Among them,schedule 80 steel pipe fittings elbow five in hebei province demolition of ironmaking production capacity 11.27 million tons of steel production capacity of 8.29 million tons;Introduction of baosteel integrated iron and steel production capacity in the province of guangdong province, support injure transition halt production out of iron and steel business.

Learned, is the ministry of finance and the state administration of taxation jointly with the related departments to study cancel imported steel bonded under processing trade policy measures, and support the implementation of the recycling of the waste comprehensive utilization of resources tax preferential policies.The China banking regulatory commission are guiding financial institutions credit risk."At present,1/2 inch carbon steel pipe fitting cap the surplus industry basic contained momentum of blind investment, iron and steel, electrolytic aluminum industry such as negative growth of investment in fixed assets."Li Zhongjuan said.

The central bank's massive stimulus money economy and the market

In Thailand, the continuation of several months of political turmoil has to paralyze the government,ASTM a106/a53 steel tube trading company makes the central bank to support the mainstay of the economy."Should be the appropriate balance between government role and the monetary policy," nomura analyst Rob Subbaraman, chief Asia in Singapore."In India, as well as increasing extent in Thailand, the government has not done his duty. And as the election nears, Indonesia may also fall into this situation," Subbaraman says, he has warned since 2013 years, emerging Asian economies are facing more and more high risk of market turmoil.

Even in the government stable and powerful Japan and China, the central bank also seems to shoulder the heavy burden.In Japan,astm a234 wp11 ansi b16.9 seamless tee the central bank massive capital injection to stimulate the economy and market, but the economic reforms of the prime minister, shinzo Abe, is disappointing.China's central bank is trying to curb off-balance-sheet and riskier loans inflation, and cautious government regulators still resist accelerate prompted market more real reflect the risk of financial reform.

Asia's central bankers rarely open to vent frustration.Only the first Indian central bank President Sue balao is an exception,carbon steel 20# material din 2605 elbow he often argue with the Indian government economic reform and the interest rate.But in some cases, the central bankers' concern also shows.Indonesia's central bank after a series of rate hikes, October a central bank official expressed his discontent, think the government was not addressed in the root cause of expanding trade and current account deficits - government spending.

The financial crisis has prompted the European and American strengthen supervision shadow Banks

The financial crisis has witnessed the shadow Banks so much financial fragility and infectious, which makes the European and American regulators have to strengthen the oversight, including expanding the scope of the regulation and monitoring of systemic risk and the establishment of international regulatory standards and promote the international cooperation between regulatory system, etc.In June 2009,asme b16.28 short radius elbow 45 degree A234 WPB the European Union has issued the eu financial regulatory system reform, in June 2011, the Obama administration to launch a new financial regulatory reforms, the fed became the core regulators.Europe and the United States covers all financial institutions, the new regulatory system covers all financial derivative financial instruments, including alternative investment and commodity trading, financial institutions to expand to the shadow banking, alternative investment institutions, hedge funds, private equity, etc.And requires all financial institutions cooperate with regulators, provide enough information for effective systemic risk regulation, these reforms will effectively restrict shadow Banks all kinds of covert operations.

Except for countries to strengthen the regulatory reform, establish the unified regulation of international standards, promoting international cooperation is also important gripper for the global shadow Banks to strengthen supervision.The G20's FSB determine the regulation of the shadow banking system in five key areas, and reach a consensus in the international society.One is to alleviate the shadow banking system and the traditional banking system,API 5L galvanized carbon steel pipe manufacturers hebei spread effect;2 it is to reduce the probability of money market funds run;Three is to monitor and reduce money-market funds other than the shadow banking institutions to the systemic risks of;Four is to control risk of asset securitization;Five is to monitor the securities financing and repurchase.On this basis, the FSB proposed shadow banking risk identification method of "three steps", a generalized the size of the shadow banking system is monitoring, 2 it is to identify systemic regulatory arbitrage and the risk of narrow shadow banking system,Long radius 90 deg A234 pushing elbow the leverage and maturity transformation and liquidity transformation characteristics will serve as the main measure and regulatory focus, three is the detailed assessment of systemic risk and regulatory arbitrage space.

Global coal demand will be at an average 2.3% growth each year

In the next five years, the global coal demand will with 2.3% growth per year on average, than the IEA had expected 2.6% growth was reduced by 0.3%.In regional terms,ASME Carbon Steel Welding Neck Flange mid global coal demand growth will be concentrated in non-oecd countries, does not change significantly the total demand of oecd countries.Due to the power consumption at the low end, along with the increase of energy efficiency, renewable energy use, Europe's coal demand will decline at an annual rate of 1%, is expected to total demand is 417 million to 2018 tons.

At the same time, India,RF/FF welding socket slip on flange Russia and other emerging economies, demand will grow at a faster pace.Although China's coal consumption will be in the future 5 years accounted for 60% of the global total, but due to the Chinese government take measures to encourage the adoption of cleaner technologies, energy efficiency, promote the diversification of energy production, China's actual growth in demand for coal will decline.

Report also noted that as the world's coal,elbow 180 degree a234 wpb butt weld elbows the second largest consumer, the coal consumption dropped by 10.7% in 2012.Due to the large scale exploitation of shale gas, combined with old elimination and control of the emissions from coal-fired power plants, the demand for coal in the next five years is expected to reduce 0.1% a year, to 2018 total demand will drop to 606 million tons.

Steel companies diversified

Steel mills diversity is not a fresh topic, such as the wuhan overseas bargain-hunting buying ore is one of the diversified direction to common steel mills.Wisco has tasted the sweets.People in the company had previously admitted that in the past two years the industry under the condition of large losses, wisco can keep small profit,outside diameterat long radius welded elbow 90 degree the income from mines account for quite a few.
In 2013, join diversified steel companies more and more.Diversified some steel mills are still around core business of steel, or look for upstream, mine, or to the steel e-commerce, logistics and other fields.Such as officially "electric shock" at the end of may this year, baosteel steel spot trading of e-commerce platform, the Shanghai iron and steel trading center.Baosteel also made no secret of his "ambitious" : to build a steel version of the amazon.
Some steel mills are bold crossover, the habit and the main business goes and business.This had to wisco, his pigs last year plan created quite a stir after the disclosure, then further "detachment" wisco Deng Qi chairman Lin, company also plans to buy thousands of acres of land for stereo ecological farming, will be carried out at the same time the early childhood education, water and electricity maintenance, car rental and other modern urban logistics services.
At present, has been running two months of futures trading is more active, the iron ore industry customer involvement is relatively positive, market running smoothly, the price discovery and hedging function gradually appear, hand in a copy of the market is relatively satisfactory answer.