Demand side, the terminal procurement consecutive low rebound. As of August 17, the week terminals purchases of 24,800 tons, ring up more than 9,799 tons. Continuous low last week in the beginning of the week end demand focus on heavy volume, market turnover also rebounded, but the next half turnover and some down. Overall, the sales this week than last week appeared certain pick-up site procurement is not active, the downstream demand is still weak, the terminal procurement volume is expected to be difficult to sustain heavy volume to boost limited effect on the steel.
In the second half of 2012, the current grim situation will continue to follow, enterprise development will continue to be difficult, very difficult. The face of tough market conditions, Huaigang will focus on "strengthening the development of new products, brand build Huaigang", focus on promoting the "three strategies", that the restructuring strategy, low-cost strategy, project construction strategy, and strive among the forefront of the national steel industry .
Huai steel production the Xie Chunyang secretary, the Huaigang from the following five specific direction, out of the plight of the development of the industry. First to effectively change the mode of development, and constantly improve the quality of economic operation. At present, the oversupply of steel is the most important issue facing the industry, To this end, we are constantly working to achieve the growth pattern, attention to a variety of quality and efficiency, reduce per ton of steel consumption of resources and energy to take the resource-saving and environment-friendly development.
Second, we must actively adjust the product structure and improve the level of corporate profits. Accelerate enterprise development by epitaxial transition to intensive development, and actively adjust the product structure, adjust the enterprise market development strategy, the conversion to sophisticated high-value-added products, and improve their overall effectiveness.
The third is to carry out of the standard potentials, pay close attention to cost reduction and efficiency. Will carry out the tapping the potential of lowering the cost of the standard activities, gauge the distance dug potential, and constantly improve the technical and economic indicators, strengthen internal management effort to reduce costs, and enhance their market competitiveness.
The fourth is to strengthen the management of funds, pay attention to controlling capital risk. As the market remains in the doldrums, the increase in product inventory, stock funds used to rise, corporate debt levels gradually rise. In view of this situation, we will strengthen risk control, improve the efficiency of the use of funds to ensure the normal operation of the production run. Through good financial planning, a reasonable ratio of short-term and long-term borrowings, and efforts to reduce financial costs.
Finally, standardize business practices, strengthen price management, to provide protection for the enterprise production and management. Will establish a stable supply and marketing channels, improve direct supply direct product ratio, the establishment of a stable and harmonious trade relations with the user; improving their internal pricing mechanisms, and operational risks.
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