四川矿山

Speed ​​up the elimination of backward production capacity
It is reported that the new coking environmental standards jointly issued by the Ministry of Environmental Protection and the State General Administration of Quality Supervision, Inspection and Quarantine, the standard will replace the moment still used in the 1996s coke oven atmospheric pollutant discharge standard ".
Compared with the original standard, the new standard has four major characteristics, before changing atmospheric single standard series of standards, become the main production processes; two new atmospheric pollutants and water pollutants emission limits; three required emission standards of soot, dust, sulfur dioxide and other pollutants increased dramatically; given more than two years of the transition period for existing businesses, the corresponding standard of existing enterprises as of the end of 2014, after 2015, the implementation of the New Enterprise emission limit standards.
Guoyuan Securities senior researcher Zhou Haiou expressed the current coke industry production is very scattered, small coking plant more serious environmental pollution, while coke serious excess capacity. Coke implementation of new environmental standards on the one hand help to improve the environment; on the other hand will help speed up the elimination of backward production capacity, increase the degree of concentration of the industry.
In fact, overcapacity has become the biggest constraints restricting the development of the coke industry. Steel Union statistics show that in 2001 Chinas coking industry capacity of less than 200 million tons, the 2011 Chinese coke production capacity has reached nearly 600 million tons, production capacity rapid expansion of the production increasing coke industry is a serious imbalance between supply and demand.
Shandong Province, the province by the end of 2011 coke production capacity of 62 million tons, according to the Shandong Province, "Twelve Five end steel production control target of 50 million tons, demand is only 25 million tons of coke, coke overcapacity will reach 60 %.
A result of the imbalance between supply and demand in coke prices fell sharply this year coke market quotes market the mainstream fell to about 100 to 250 yuan / ton, the majority of coking enterprises at a loss, limited production cut has become the norm.
Improve the industry losing situation
Excess capacity, prices fell under the influence of the the Coking business struggling. The 10 listed companies involved in the coke business, the six companies in the first half net profit fell 5 losses.
Main largest proportion of three listed companies, Shanxi Coking coke business accounted Meijin Energy, Sichuan Shengda example. The middle of this year, Shanxi Coking operating income year-on-year drop of 13%, net profit fell 83%; Meijin Energy net profit fell to 230.8%; Sichuan Shengda net profit fell to 274.8%.
Brokerage analyst who declined to be named, said that in recent years by the national macro-control, the domestic steel industry has been weak, shrinking demand, the decline of the steel industry coke demand, resulting in coke prices continued to decline, the overall profitability of the coke industry is weak.
Coke production according to Public Information, Shanxi and Shandong Province Province have introduced initiatives to eliminate backward production capacity, accelerate the transformation and upgrading of coking enterprises.
Zhou Haiou think, for the implementation of new environmental protection standards of the coke, the elimination of backward production capacity, improve the business environment of the listed companies, but at the same time, the implementation of the new standards also require related companies to transform the production system, thereby increasing the cost of production .