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Machinery industry is currently in the process of a moderate recovery in the first half because insufficient capacity utilization, price reduction, profit lower than expected, however, the industry's most dark times are over. We believe that at this stage is the path to recovery led by domestic demand, exports will gradually pick up, rising raw material prices continued to power shortage is expected in the second half profits will be improved machinery industry. After the recent sharp stock price adjustment, mechanical industry, has an attractive valuation. At this stage is still the path to recovery led by domestic demand. The recovery of the downstream machinery industry will be special equipment to Parts Again Machine tool And other general equipment evolution, the recovery is a gradual process, and demand is still mainly from domestic demand started, such as railways, highways, subways and other projects, in the second half recovery in private investment and exports, the most obvious benefit is still Construction Machinery Industry, machine tools, general equipment, shipbuilding industry lags behind the recovery. Railway construction in full swing. Last year the Ministry of Railways will be the original mileage of railways in operation in 2020 to 10 thousand kilometers to 120,000 kilometers or more goals, according to the latest Ministry of Railways diameter, the next three years, investment in railways remained at 700 billion yuan. Railway investment in 2009 will reach 600 billion, then put into operation a new line of length up to 5600 km; in 2010, the railway will reach 700 billion yuan investment, then put into operation mileage of 6,000 km of new lines, then the railway operating mileage of up to 92,000 km; 2011 investment in railway will reach 750 billion yuan, then the railway operating mileage of up to 100,000 km; in 2012 to 700 billion railway investments, then the total railway mileage of 11 kilometers. Benefit from the high-speed railway construction machinery products include: Concrete Machinery , Cranes, hydraulic excavators, rotary drilling rig. Driving in urban infrastructure at major international conferences. The case of Beijing, before the 2008 Olympic Games venues and related projects to reach the peak stage, commercial concrete prices rose to a maximum 800 yuan per cubic meter, the normal period of the price at 260 yuan, pump the pump price per cubic m 100, after the Olympic Games back of demand concrete machinery, until 6,7 month recovery this year. 2010 Asian Games will be held in Guangdong, Guangdong Province in 2009 scheduling 82 key construction projects, the annual investment plan 80.65 billion yuan, almost doubled compared to 2008, the project focused on the arrangement to the Asian Games facilities, major cities infrastructure of modern industrial development and involves the livelihood of the large-scale industrial projects of social inclination, there will be training in the Asian Games competition venues, the Asian Games City, the number five Asian Games and engineering projects while promoting, in 2009 plans to invest 7.05 billion yuan. In addition, the Shanghai World Expo will be a total investment of 180 billion, and cities along the related supporting facilities. Mixed concrete to the three-city promotion, the most obvious benefit of concrete machinery. Concrete to the three-city promotion and high-speed railway construction on the concrete pull the most obvious mechanical, according to the state of the ready-mixed (goods) Concrete Professional Enterprise Qualifications, qualification requirements secondary production in more than 100,000 cubic meters, with concrete Transporter Not less than 10, less than 2 pump station; three qualification requirements yield more than 50 thousand cubic meters, with no less than five concrete trucks, pumps less than 1 unit. First half of 2009 mix station rapid growth, 31 and the associated growth nearly doubled, on the pump, Movable pumps, distributed And mortar cars and driving are gradually revealed. Rising cost pressures are limited, gross margin recovery soon. With the machinery industry to enhance capacity utilization, gross margin recovery in the second half of machinery industry is expected to be better than the first half of the profits. In the first half, while steel prices lower, but the machinery industry companies declining gross margin was mainly due to lack of demand and prices down. July Plate price chain is growing, but relatively Last year, the average price is still down 30%, so the steel companies feel the upward pressure is not significant. Around the world, Europe, America, Japan, the slow recovery of mechanical product demand, production and order probably only return to about 40% in 2007-2008 (see specific data on monthly this month), so from the perspective of the global steel supply and demand , plate prices continue to rise in power is limited. We expect the second half of gradual recovery of domestic demand and exports, even a small increase of steel, gross margins are expected to improve, like in 2007, steel prices have been rising moderately, while the machinery industry, high gross margins. I am an expert from electricmulticooker.com, while we provides the quality product, such as electric multi cookers Manufacturer , electric pressure cookers Manufacturer, electric pressure cookers,and more.
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