Traditionally, the engineering machinery segment is off-season in June, July and August. However, according to what we know about engineering machinery enterprises, the product demand in July still keeps high prosperity, and does not slack in the off season.
First, from January to June, China's investment in fixed assets had a year-on-year growth rate of 33.6%, 25.6% higher than that of last year. At the same time, the real estate investment also showed an ascending trend month by month.
From January to June, China's real estate investment had a year-on-year growth rate of 9.9%. The new credit in June is 1.53 trillion RMB, an increase of 360%, which is rare over the previous years.
Driven by the high-growth of investment and loose credit, the boom of the engineering machinery industry continues to rise. In June, the sales volume of excavators and concrete machinery grew by 17.7% and 20% respectively, and that of bulldozers and loaders narrowed by 13% and 15%.
From late June to July, the boom of the industry was rising. At the end of June, exports also began to rebound. Although the export amount of engineering machinery from January to June dropped sharply by 38%, the exports of engineering machinery products began to show a rebounding trend according to the data of single June.
However, Chinese domestic steel prices had been rising for 16 continuous weeks by August 10, 2009. The increase of steel prices could damage the profitability of engineering machinery enterprises.
During the first half of the year, in general, the average prices of steel still dropped dramatically from last year, which had little impact on the gross profit rates of engineering machinery companies. But recently steel prices have begun to rise quickly, which will play a bigger impact on the companies sensitive to steel prices like LiuGong.
Mechanical engineering technology is the application of physical principles and current technological developments to the creation of useful machinery and operation design. Technologies such as solid models may be used as the basis for finite element analysis (FEA) and / or computational fluid dynamics (CFD) of the design.
Through the application of computer-aided manufacturing (CAM), the models may also be used directly by software to create "instructions" for the manufacture of objects represented by the models, through computer numerically-controlled (CNC) machining or other automated processes, without the need for intermediate drawings.
Mechanical engineering technologists are also expected to understand and be able to apply concepts from the chemistry and electrical engineering fields. Mechanical engineering technologists are expected to apply current technologies and principals to machine and product design, production, and manufacturing proces.
First, from January to June, China's investment in fixed assets had a year-on-year growth rate of 33.6%, 25.6% higher than that of last year. At the same time, the real estate investment also showed an ascending trend month by month.
From January to June, China's real estate investment had a year-on-year growth rate of 9.9%. The new credit in June is 1.53 trillion RMB, an increase of 360%, which is rare over the previous years.
Driven by the high-growth of investment and loose credit, the boom of the engineering machinery industry continues to rise. In June, the sales volume of excavators and concrete machinery grew by 17.7% and 20% respectively, and that of bulldozers and loaders narrowed by 13% and 15%.
From late June to July, the boom of the industry was rising. At the end of June, exports also began to rebound. Although the export amount of engineering machinery from January to June dropped sharply by 38%, the exports of engineering machinery products began to show a rebounding trend according to the data of single June.
However, Chinese domestic steel prices had been rising for 16 continuous weeks by August 10, 2009. The increase of steel prices could damage the profitability of engineering machinery enterprises.
During the first half of the year, in general, the average prices of steel still dropped dramatically from last year, which had little impact on the gross profit rates of engineering machinery companies. But recently steel prices have begun to rise quickly, which will play a bigger impact on the companies sensitive to steel prices like LiuGong.
Mechanical engineering technology is the application of physical principles and current technological developments to the creation of useful machinery and operation design. Technologies such as solid models may be used as the basis for finite element analysis (FEA) and / or computational fluid dynamics (CFD) of the design.
Through the application of computer-aided manufacturing (CAM), the models may also be used directly by software to create "instructions" for the manufacture of objects represented by the models, through computer numerically-controlled (CNC) machining or other automated processes, without the need for intermediate drawings.
Mechanical engineering technologists are also expected to understand and be able to apply concepts from the chemistry and electrical engineering fields. Mechanical engineering technologists are expected to apply current technologies and principals to machine and product design, production, and manufacturing proces.
About the Author:
I am a professional editor from http://www.cheaponsale.com/, and my work is to promote a free online trade platform. http://www.cheaponsale.com/ contain a great deal of information about pink strollers, handbags knockoffs, welcome to visit!
Articles
Aucun commentaire:
Enregistrer un commentaire