spiral steel spot trading platform increased competition

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1, following the spiral steel pipe spot trading platform run two weeks after Singapore global ORE (global spiral steel spot trading platform) usher in the Chinese steel enterprises join. According to the the global ORE news website, Baosteel, Valin and Minmetals of the platform has become the promoter shareholders.pipe clamps stainless steel

2, look at the operation of the spiral steel spot trading platform in China, since transactions only 7 transactions since the market opened on May 8, the number of total turnover of 856,500 tons. Zero turnover phenomenon for the past few trading days, the North Mine as president Dongzhao Bin pointed out that the current volume and declare the amount in line with expectations. Spiral steel pipe spot trading platform Global ORE have their own advantages, the two platforms will expand cooperation of mutual benefit and win-win situation for differentiated services, will also compete on service.

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3, According to global ORE news, Baosteel, BHP Billiton, Glencore may, Valin, Minmetals, Rio Tin to and CVRD has become the globalORE promoter shareholders. global ORE CEO Louis Fel, the platform is expected to start next week.

Global of ORE official start for the fledgling spiral steel spot trading platform, means more potential competition and cooperation opportunities. It is understood that the Chinese spiral steel spot trading platform running smoothly since the May 8 opening. As of May 23, the platform total reporting 137 pen 10,610,700 tons, the total number of declarations, including buying declare 48 pen, buying declare the number 4997200 tons, selling declare 89 pen sale 5,613,500 t Reportable Quantity; total 7 pen turnover, the number of total turnover of 856,500 tons, the U.S. dollar turnover of $ 114 million, RMB turnover of 21.6 million yuan.steel tubing clamps

5, for platform trading deserted phenomenon, Dongzhao Bin frankly, spiral steel pipe spot trad ing platform run two weeks, the current volume and declare the amount in line with our platform running early expectations. Few sessions appear zero turnover is a normal phenomenon in the platform running early. "

6 "Spiral Pipe transactions belonging to the trading of commodities, not only concerned with the transaction amount, should also see a single volume and turnover." Said Dong Zhaobin, spiral steel pipe trading, its large number of single turnover, turnover high, so unlike most commodity trading, as there is a large amount of the transaction amount. 7 pen deal platform, 5 pen turnover of more than 100 thousand tons, of which the 4 pen each volume of more than 16 million tons, each turnover of over 20 million U.S. dollars.

Insiders pointed out that the macroeconomic situation and the spiral steel pipe, spiral steel pipe market weakening, and other factors, will affect the trading of spot platform Spiral Pipe heat. Close to one hund red million tons of Port spiral steel inventory, and downstream by the national real estate regulation policy factors, spiral steel pipe market prices continue to decline, resulting in weak demand, which will reduce the consumption of spiral steel.

9, the spiral steel pipe trading platform as the new trading patterns, you need to market cultivation period and the process of adaptation. "Bluntly Dongzhao Bin, member companies has reached 157, covering the major players in the spiral steel pipe market, it is also can not be volume just half months as the basis of the judge the success of the platform.

10 Dongzhao Bin also said that 34 platform trading varieties, will also increase the variety of transactions in the future, especially the increase in the number of small and medium-sized mining and non-mainstream mining spot varieties. Customs, quality inspection, and other impurities of related species in the North Mine will develop specific standards