First, the global overcapacity highlights the first effect of our first reduction

The global economic recovery has not been expected, overcapacity on the steel trade environment and the employment of workers to form a certain impact, G20 leaders to give unprecedented attention and anxiety. OECD, the world's large-diameter spiral steel pipe equipment associations offer advice and suggestions, to discuss and find ways to resolve the problem of excess capacity.

Second, the global trade protection increased China's large-caliber spiral pipe farewell high increase

2016 is the second in 2015 after the history of anti-dumping transactions disputes, the most serious one year. The European Union on the transaction case significantly accelerated, following the cold volume, hot coil and plate temporary anti-dumping duties, but also start on China's hot galvanized coil anti-dumping inquiries, has been close to the completion of all transactions of China's plate query. The United States on China recommended 337 inquiries, China's only two kinds of export types of cold rolled, coated sheet is also taxed, the alloy length of the plate face double reverse decision. India is a collection approach, including the guarantee method tax, the minimum import price and temporary anti-dumping duties. Southeast Asian countries have repeatedly recommended transaction inquiries.

Third, the new market large-diameter spiral steel pipe equipment industry ushered in the prosperity of the development period

Southeast Asia and the Middle East is the future of large diameter spiral steel pipe equipment demand increased. Thanks to the stable macroeconomic policy, ASEAN steel demand increased strongly, steel production and large-diameter spiral pipe imports will adhere to double-digit increase. Vietnam is the best, with 2016 steel production expected to increase by 20%. A large-diameter spiral pipe project is under construction, the total investment of 10 billion US dollars of Formosa River large diameter spiral pipe plant has begun production of hot rolled coil, the required slab from Taiwan Steel, the first blast furnace plan 2017 3 Month incineration, with an annual capacity of 700 million tons. In 2017 Vietnam will have 10 large-diameter spiral pipe project put into operation.

The fastest country in the Middle East is undoubtedly Iran, the government is increasing investment and encourage domestic and foreign investment, and vigorously improve the production of large diameter spiral pipe. Iran's large-caliber spiral pipe industry plans to conclude that by 2025 to reach 55 million tons of large diameter spiral production capacity. Now about 22 million tons of capacity projects under construction, the other planned construction capacity of 6 million tons, 2017 steel production from now 16.7 million tons to 20 million tons. Pohang's annual production capacity of 1.6 million tons of integrated large-diameter spiral pipe plant in Iran will start construction in 2017.

Fourth, large-caliber spiral giant optimization and integration to improve competitiveness

In response to steel demand decline, improve the financial situation, large-caliber spiral pipe plant is no longer seeking expansion planning, but to reduce investment, accelerate integration, optimize the structure.