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Wuxi Guojin Alloy Co., Ltd
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Wuxi Guojin Alloy Co., Ltd

  • E-mail

    3005320288@qq.com

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    15358982620

  • Address

    No. 82 Xuedian North Road, Shuofang, Xinwu District, Wuxi City

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Cu70-Ni30 copper flange

NegotiableUpdate on 01/22
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Cu70-Ni30copper flange

Copper can form various important alloys with many metals such as zinc, tin, aluminum, nickel, beryllium, etc. Copper zinc alloys (brass) and copper tin alloys (bronze) are widely used in various industrial sectors, especially in the mechanical industry to manufacture various components such as bearings, pistons, valves, oil pipes, heat exchangers, etc. Copper and aluminum can be combined into alloys in various proportions, among which the alloy mainly composed of copper is called aluminum bronze. Aluminum bronze has strong seismic resistance and can be used to manufacture castings that require strength and toughness. Another advantage of this alloy is that it is 10-15% lighter than brass or tin bronze.

Cu70-Ni30 copper flange

Cu70-Ni30 copper flange

The expectation of production restrictions in the Cu70-Ni30 market is gradually being suppressed by the current situation of weak demand follow-up. As mentioned earlier, this wave has two important foundations: the expectation of supply contraction due to production restrictions, and the demand for short-term discount repair. However, once the downstream acceptance and demand release do not meet expectations during the upward process, the price will face significant downward pressure in the short term. The current pullback is caused by a mismatch between the demand side. In addition, according to statistical data, steel mill inventory is in a downward trend, while the spot circulation sector is in a clear rebound range, indicating that market resources are concentrating in the circulation sector. In the case of lower than expected demand, the pressure on spot sales is increasing. Meanwhile, in the case of high profits, steel mills will prioritize profits as much as possible, and market resources will further be transmitted to the circulation sector.

Benchmarking and striving to improve low-cost manufacturing capabilities, 'Train speed has increased!' This is not the fast and world-renowned Chinese high-speed railway. Sun Qi, who works in the thermal workshop of the active factory, has to pass through multiple railway crossings in the factory every day to commute. She clearly feels that the No. 5 blast furnace iron tanker is much faster than before this year. Originally, starting from March this year, Hubei Iron and Steel Group launched a special project to accelerate the speed of molten iron tank trucks, benchmarking industry * enterprises, and reducing the transportation time of molten iron from about 65 minutes per trip to about 45 minutes. Don't underestimate this short 20 minutes. The more time it takes to transport molten iron from the blast furnace to the converter, the faster the temperature drops. Optimizing the efficiency of molten iron transportation, the average temperature of molten iron in the ladle has been increased from 1300 degrees Celsius to 1327 degrees Celsius, reducing costs by more than 10 million yuan per year. This is just a small item among the 18 EVA improvement measures taken by Hubei Iron and Steel this year to strengthen cost control. Faced with the "new normal", Hubei Iron and Steel regards low-cost manufacturing as the "bull's nose" to enhance product market competitiveness, and uses * management methods to strengthen cost control. The cost chain is tightening year by year, with heavier weights and less moisture squeezed.

copper flange

Cu70-Ni30 The relevant person in charge of Wuxi Guojin said that in the next stage, Wuxi Guojin will continue to closely focus on the two-way opening of the capital market, RMB and the "the Belt and Road" initiative, actively promote connectivity and strengthen bilateral and multilateral participation; Explore innovative cross-border services and strive to build a entrepreneurship and innovation capital service platform based in the Guangdong Hong Kong Macao Greater Bay Area; Following the trend of innovative resource allocation, establish a community of entrepreneurial and innovative capital.

At the beginning, E'gang set its sights inward and vertically to benchmark and tap potential. The monthly level reached in the previous year was *, and it carried out in-depth "* cost practice activities". At that time, the additional cost of iron system processes decreased by 81 yuan per ton year-on-year; The additional cost per ton of steelmaking system process decreased by 61 yuan year-on-year... The total process cost decreased by 700 million yuan year-on-year. After tasting the "sweetness", Hubei Iron and Steel opened its horizons, aimed at horizontal benchmarking in the industry, firmly established the idea of "all costs can be reduced", took the standard cost system as the starting point, continuously deepened the cost benchmarking work of each process, reduced costs and increased benefits throughout the entire process, continuously narrowed the gap with the industry, and further reduced the additional cost of the entire process by 480 million yuan on the basis of last year.

Copper flange Zhou Xu emphasized that in the future, the steel industry should take the creation of resource allocation platform enterprises as a starting point, and through innovative production and circulation organization methods, break down data barriers, spatial barriers, and regional barriers that restrict enterprise development, further reduce costs, and improve production, circulation, and trade efficiency. Next, it is expected that government departments will introduce more policies to accelerate supply chain innovation and application. I believe that after 3 to 5 years, with the continuous rise and growth of steel platforms like Zhaogang, they will better collaborate and integrate with traditional steel enterprises, and the efficiency of the steel industry supply chain will be significantly improved. Regarding the goal emphasized in the "Opinions" of "actively integrating into the supply chain network and participating in the formulation of supply chain rules," Wang Dong said in an interview that Zhaogang has always attached importance to the layout of the supply chain.

Under the current trend of asset allocation, Wuxi Guojin actively explores the development of cross-border investment tools for copper nickel alloy manufacturers, providing convenience for domestic and foreign residents. Currently, various products such as cross-border indices, cross-border funds, panda bonds, and cross-border asset securitization have been developed. Taking cross-border funds as an example, as of September 27th, there were a total of 40 cross-border fund products listed on Wuxi Guojin, including 2 cross-border ETFs, 2 cross-border graded funds, and 36 LOFs, with investment targets covering major and regional B10 heat exchanger copper tube manufacturers, derivatives, precious metals, and other markets.

The second is to carry out regular roadshows and promotions to build a brand in the Shenzhen Stock Exchange. Wuxi Guojin will continue to regularly carry out roadshow promotion activities, domestic reverse roadshows, and overseas investors entering listed companies and other series of activities, establish smooth communication channels with overseas investment groups, and build a brand in the Shenzhen Stock Exchange. Continue to hold Shenzhen Hong Kong Stock Connect network joint roadshows through the media platform, and use the Internet technology innovation promotion model to more widely cover overseas investor groups. In addition, Wuxi Guojin will take the opening of the Shenzhen Hong Kong Stock Connect as an opportunity to further improve the construction of the overseas investor relations management system, enhance services for overseas investors, including establishing an overseas investor relations management database, improving the display of English information of listed companies, actively cultivating and guiding listed companies to carry out overseas investor relations management, etc.

Deepen the market-oriented operation mechanism reform of Cu70-Ni30. According to the principle of "two-tier", the operation of the "business unit+subsidiary" model is implemented in the main steel industry and related industries. Based on the idea of "responding to the market, promoting collaboration, fully delegating power, and equal responsibilities and rights", small accounting units are divided to promote the integration and collaboration of "production, sales, research, operation, and use". The "four win" goals of "procurement outperforms the industry, sales outperforms the market, cost outperforms oneself, and diversified outperforms GDP" are used to drive independent operation and market entry. This year, personnel rights, assessment rights, distribution rights, and sales price rights have been delegated to the business units and subsidiaries, and debts and expenses have been correspondingly allocated according to the proportion of production line assets, making them the main body of market-oriented operation. Continuously promote the reform of the three systems. All employees are paid according to the principle of "linking work efficiency" based on the goal of "four wins", and their income can increase or decrease, which conveys market pressure; Middle level management personnel implement a dual approach of "mortgage contracting+responsibility management". Each middle level management personnel takes out 30000 to 50000 yuan in cash from their own pockets for mortgage contracting, undertakes technical and economic indicators, completes monthly clearing and quarterly rolling settlement, uses quantitative indicators and negative lists for dynamic evaluation and constraint supervision, and holds accountable those who fail to complete tasks continuously. Their positions can be moved up and down, which drives their work motivation; According to the principle of "no layoffs or unemployment after job transfer", we will continue to optimize human resources, properly and smoothly allocate and resettle surplus personnel. Only in 2016, the proportion of optimization accounted for about one-third, ensuring that no employee with work intentions is left unemployed and that the channels for employees to leave are unobstructed.

Last week, gold closed at the 1280 level, and the death cross of the daily moving average indicator put pressure on the gold price. The support below is concentrated around 1276, which is the closest point for the gold price to break through the downward trend. It is also a low point that has been repeatedly hit below after falling from above 3000. It needs to be closely monitored. Once it falls below, it will be what we often say, a sharp decline. During the trading session, the gold price rose on Thursday, approaching the upper limit of the Bollinger Bands and forming pressure around 1292. The STO indicator area saw a dead cross downward, indicating that the short-term rise in gold prices is hindered and there is a risk of a pullback. This is also in line with the pullback trend of gold prices after the Asian market opened on Friday. Therefore, the key resistance level is currently at 1288-1290 above. In addition, after Friday's high gold price fell to 1280 support, the gold price trend will no longer be strong, so it cannot be blindly bullish. Gold at 1270 will become a low point reference. Pay attention to the resistance of 1285 above and the support of 1275 below the intraday gold price, and adopt the strategy of short selling at high levels in trading.

Wuxi Guojin, located in the innovation capital Shenzhen and adjacent to the financial center Hong Kong, is rooted in the Guangdong Hong Kong Macao Greater Bay Area and shoulders the important mission of promoting the common prosperity and development of the capital markets in both regions. In September 2016, Wuxi Guojin registered its wholly-owned subsidiary, China Chuangying Market Services Co., Ltd., in Hong Kong, and further explored cooperation with the Hong Kong capital market through the subsidiary. Over the past year, Chuangying Company has actively promoted interconnectivity projects, maintained relationships with overseas investors in Hong Kong, promoted cross-border infrastructure construction between Shenzhen and Hong Kong, deepened exchanges and cooperation with various Hong Kong institutions, leveraged Wuxi Guojin's business bridgehead function, and promoted cooperation between the mainland and Hong Kong capital markets at a higher level and on a larger scale. In January 2016, with strong support from regulatory authorities in both regions and the Shenzhen Municipal Government, the mutual recognition service platform for funds between mainland China and Hong Kong was successfully launched. The platform simplifies communication between various institutions, turning many to many communication into one-on-one communication between users and the platform, marking a substantial step forward in the cooperation of financial infrastructure between the two fund markets, and providing more secure and efficient infrastructure support for the two-way opening of the capital market.

"As early as 2015, we landed in Incheon and opened * multinational branches in South Korea." Wang Dong said that at present, we are looking for steel grids to follow the "the Belt and Road" initiative and have set up overseas branches in 8 countries, including South Korea, Vietnam, Thailand, the United Arab Emirates, Singapore, the Philippines, Myanmar and Tanzania. On the one hand, we hire foreign employees locally and pay taxes locally to avoid anti-dumping frictions; on the other hand, we move our factories and warehouses forward, and Chinese steel products can be sold in retail form to obtain more benefits. Wang Dong also pointed out that by finding overseas supply chains such as steel grids, Chinese steel companies are expected to integrate into the supply system more conveniently, improve resource allocation and collaborative service capabilities within the scope. The ultimate goal is to enhance the voice of China's steel industry in the supply chain system.

Cu70-Ni30copper flange