20-foot container: internal dimensions 5.69 m X 2.13 m X 2.18 m / picking gross weight is generally 17.5 tons / volume 24-26 cubic
40-foot container: internal dimensions 11.8 m X 2.13 m X 2.18 m / picking gross weight is generally 22 tons / volume 54 cubic
40 high cabinet: internal dimensions 11.8 m X 2.13 m X 2.72 m / picking gross weight is generally 22 tons / volume 68 cubic
20-foot refrigerated: internal dimensions 5.42 m X 2.26 m X 2.24 m / picking gross weight is generally 17 tons / volume 26 cubic
40-foot refrigerated: internal dimensions 11.20 m X 2.24 m X 2.18 m / picking gross weight is generally 22 tons / volume 54 cubic
40 high refrigerated: internal dimensions 11.62 m X 2.29 m X 2.50 m / picking gross weight is generally 22 tons / volume 67 cubic
45-foot refrigerated: internal dimensions 13.10 m X 2.29 m X 2.50 m / picking gross weight is generally 29 tons / volume 75 cubic
20-foot open top container: internal dimensions 5.89 m X 2.32 m X 2.31 m / picking gross weight 20 tons / volume 31.5 cubic
40-foot open top container: internal dimensions 12.01 m X 2.33 m X 2.15 m / picking gross weight 30.4 tons / volume 65 cubic
20-foot flat-bottomed container: internal dimensions 5.85 m X 2.23 m X 2.15 m / picking gross weight 23 tons / volume 28 cubic meters
40-foot flat-bottomed container: the size of 12.05 meters within meters X 1.96 X 2.12 m / picking gross weight 36 tons / volume 50 cubic meters
45-foot container: the size of 13.58 meters within meters X 2.71 X 2.34 m / picking gross weight is generally 29 tons / volume 86 cubic
There are a number of private steel enterprises have shut down in the City of Tangshan, for example Songjeong Steel Company. Till today, there is nearly 15 million tons of steel production capacity has out of the market. Under the background of low price for steel products and also raw materials, the dilemma of Tangshan steel industry could be a microcosm of the entire industry in China. Under this market situation, the fate of the private steel enterprises are under greater pressure. Decrease productivity passively and internal re-organization has became the steel industry strategy taken by the enterprises.
Reporters learnt that Tangshan Songjeong announced the shutdown of steel mills on the Nov 14th. This is the second steel mills which has the capacity over 500 tons per year announced the shutdown. Due to high debt and capital chain pressure, the Songjeong has to discontinue its operation. With the shutdown news spread, steel industry re-organization and integration is also gradually starting. In 2015 September, the bankrupt Haixin Iron and Steel now is taking over by Jianlong Group. Now the re-organized company is in full implementation of the restructuring plan. " In the current severe overcapacity situation, re-start the production line basically is a operating loss, we may give more consideration to hold up the cash flow first" Senior researcher Shangzheng Bao told reporters. Once stopped production lines, the pressure for re-star the production line is greater. Although keep the production line will create more losses, many steel enterprises is still struggling to maintain the cash flow of bank credit. " if now dis-continued, and so next year might never open it up, we are now still holding on" Liu told reporters.
Although there are some small steel factories began to cut production quantity in Beijing & Tianjin area, but the actual impact of the industry on the overall production capacity is not obvious. Analyst Liu Yuehua told reporters that the daily production quantity can probably be reached from 520000 tons /day to 48 tons /day in the current area of Tangshan area. This is equivalent to an annual capacity reduction of 12 million tons. Compared to the original 156 million tons annual capacity, this reduction quantity is not obvious enough to influence the whole steel industry. Control capacity in the steel industry priority. " China has about 300 million tons of excess capacity, we need to cut and completely clearing the excess capacity as soon as possible." David Humphreys said, who worked in Rio Tinto as a economist before. As the same time, the government intent to adjust the energy production structure in the next five year. Therefore, there is no need to count on the policy level of aid interventions which means the small and medium sized private enterprises will suffer more than state-owned enterprises. We believe the result of market choices will promote the industry's capacity clearing and final upgrade.
According to the latest report announced by the Chinese Ministry of Commerce, the US Department of Commerce has initiated anti-dumping and countervailing investigation for the Chinese galvanized steel products. This announcement has actually put China at a disadvantage trading situation, and this will directly affect the Chinese steel enterprises " going out".
Since 2013, there were over 50 cases of Chinese steel products investigation. The products including galvanized steel sheet, cold rolled coil, stainless steel plate, plate bar, seamless steel tube, and various other steel products. The regions including the EU, Southeast Asia, South Asia, South America and North America. Only in 2015, the total steel exports have been involved in the investigation has over 6.5 million tons of steel products and over $ 4 billion.
This phenomenon was influenced by political, economical and other macro-situation, the insiders said. Customs statistics show that in September 2015, Chinese steel exports has achieved 11,263,000 tons, create a increase rate of 32.1% and a growth rate of 15.5%. It is the highest single-month record historically. " This is a typical example of local trade protectionism, before ruling, China has in a disadvantages position. As the export growth trend in China, this case will be even more difficult to avoid. The global economic recovery is slow, and Chinese steel exports surge, which is bound to make other countries to strengthen trade protection. " Shanghai Steel Union analyst said.
Under the new economic normality weak domestic demand, steel products " going out" has gradually been a consensus among steel enterprises. However, the trade protectionism will become a constraining for Chinese steel products exports.
