Will the "Rust Era" repeat itself in China? The worry of excess is coming to an end in the third quarter of 2012, and the Chinese economy is not optimistic. Whether it is steel or cement, ships or heavy industry, photovoltaics or wind power... Many industries that have been leading the way, many have fallen into the overcapacity. In August, the national crude steel output fell by 1.7% year-on-year, and the domestic market steel price composite index averaged 104.39, down 7.64 points from the previous month and down 30.78 points year-on-year. According to the latest economic situation analysis data released by the National Development and Reform Commission last week, as an important indicator to measure the operation of the national economy, steel production and prices continue to be in the “bottoming†stage, with no signs of improvement. Not just the steel industry. According to the National Development and Reform Commission data, from January to August, the national cement production growth rate slowed down by 12.5 percentage points year-on-year; from January to July, the national shipbuilding completion volume decreased by 7.7% year-on-year; the construction machinery key enterprise profits fell by 20.3%. In this regard, Zheng Xianling, a senior analyst in the machinery manufacturing industry, recently wrote that it is necessary to be wary of these excess capacity to bring China into the "rust era." In the 1970s, the old industrial bases of some developed countries experienced decline after the prosperity of the heavy industrialization period. A large number of factories closed down, and there were idle factories and abandoned rusty equipment. These old industrial bases such as Russia The Ural Mountains and Ohio in the United States are collectively referred to as the “rust zoneâ€. Will this scene repeat itself in China? Where does the current surplus come from and where will it go? "Investment master Buffett once said that only when the tides retreat will you know who is swimming naked. This sentence is also applicable in the field of industrial investment." A banker who has been engaged in economic research for a long time pointed out that “when the economy grows at a level of super potential growth rate, those surplus industries are usually not exposed. Only when the economy returns to a natural level, excess capacity will be invisible.†According to the data, China has entered the era of heavy industrialization since 1999, and the compound production growth rate of steel production and sales from 1999 to 2008 exceeded 20%. Related to this, under the encouragement of some local governments' “existing GDP†assessment system, under the impetus of foreign trade exports, the fixed assets investment and heavy industry enterprises have experienced rapid expansion of production capacity. The direct consequence is that many projects Investment is considered to be “low-level repetitive investmentâ€, which has caused the bitter fruit of excess. What is optimistic is that the Chinese economy has not yet been dragged down. A report released by
Haitong Securities recently pointed out that one of the core criteria for overcapacity is “whether the current capacity utilization rate is lower than the historical average levelâ€. The upstream industries such as steel and non-ferrous metals do have the risk of long-term overcapacity. However, the capacity utilization rate of downstream industries such as home appliances and automobiles is still at an average level, and there is no overall overcapacity in China. “After the economic recovery is clear, everyone’s concerns about overcapacity will gradually fade.â€
Specification ofStainless steel Expanded Metal/PVC coated expanded metal/diamond mesh expanded metal : The expanded metal is defined by the long way of mesh (LWM) and short way of mesh (SWM), followed by width of strand and sheet (strand) thickness, also the width and length of the plate.
For Example: The XM4210/2010 expanded metal is read as 42 x 10 mm - 2.0 x 1.0 mm.
The width of the sheet often has to be limited, but the length of the expanded metal can in most cases be
without restrictions.
Examples of our best-selling mesh types we often keep in stock: 12x6, 16x8, 20x10, 28x10, 28x12, 42x16,
42x20, 51x22, 62x28 and 75x30.
1.Mini expanded metal
Short way of distance 2.0-5.7mm
Long way of distance 3.0-12.7mm
Plate thickness 0.5-1.0mm
Strand 0.5-1.5mm
small expanded metal
Short way of distance 10.0-36.0mm
Long way of distance 25.0-100.0mm
Plate thickness 1.0-3.0mm
Strand 1.1-4.1mm
2.medium expanded metal
Short way of distance 22.0-50.0mm
Long way of distance 60.0-100.0mm
Plate thickness 3.0-5.0mm
Strand 3.0-7.0mm
3.heavy expanded metal
Short way of distance 38.0-56.0mm
Long way of distance 100.0-150.0mm
Plate thickness 6.0-8.0mm
Strand 6.0-11.0mm
Expanded Metal
Expanded Metal,Expanded Metal Mesh,Expanded Metal Mesh Wall Panel,Exterior Aluminum Expanded Metal
Anping County Comesh Filter Co., Ltd , http://www.comeshfilter.com