Financing Status
 
Kimura repair: the time of payment, variable-length
 
Due to the time of the downstream terminal business-to-fund accounts receivable than ever before have more extension of steel circulation of payment clearing time from 60 days, extended to 180 to 270 days. This is tantamount to worse for some limited financial resources, and financing difficulties of small steel trade.
 
The Li Jinghao: most of the steel trade is not a problem
Not long ago, the Hubei steel trade industry does appear some problems, but these do not represent the majority of the traders. Large traders, including 661 Dan pool side more than 2,000, most of these traders are good, so I hope that the banks can continue to give the support of the steel trading business.
 
Wang: funding cycle has been stretched
 
Steel supply chain, the three funding problems to solve traders, steel mills, advance payment, stock funds, accounts receivable, most aspects of the product of advances and stock funds. Receivables this one involving not by much, and now the steel trade and environment is indeed complex, our company is very difficult. Many downstream businesses, money is very tight, thus elongated receivables cycle, funds increased longevity, the corresponding risk is also rising.



Other News:
Financing model of the steel trade and how to innovate
Japanese media said that China's Diaoyu Islands ship has been successfully enter
Vietnam and Japan who will open the first shot?
TIMKEN bearing grease filling on friction failure to exclude
London Olympic Games closing tonight Xu Lijia into the Chinese standard-bearer
Madness: The U.S. military plans to contain China after a failed blow back to th
The more the media worried that China's steel gradually occupied the Vietnamese
Japanese steel enterprises to actively respond to the operational effectiveness