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20 14 what is the output of sponge titanium in China in the first half of the year?
A few days ago, the reporter learned from Panzhihua Yuntai Industrial Co., Ltd., a titanium ingot manufacturer, that Yunnan Province subsidized the storage and storage of titanium ingots in Kungang, and this year, thousands of tons of titanium ingots were stored and stored. Panzhihua Yuntai Industrial Co., Ltd. is a wholly-owned subsidiary of Yunnan Titanium Industry Co., Ltd. founded by Kungang.

In 2008, Kungang took the lead in making a major breakthrough in titanium coil technology in China and successfully produced the first cold-rolled wide titanium coil in China. Up to now, Panzhihua Yuntai Industrial Co., Ltd. is an advanced titanium supplier in China with a design capacity of 20,000 tons. However, due to the industrial recession, the actual production capacity of 4000 tons has been built, and the existing production capacity can only be half. This shows that the titanium industry relies on purchasing and storage for a living.

Feng Lei of Baoti Huashen Titanium Industry Co., Ltd. said: "The sponge titanium industry has been seriously reshuffled and many production enterprises have closed down. From more than 20 in the peak period, there are only 7 left now. The number of upstream titanium tetrachloride enterprises has dropped sharply from more than 30 to six or seven. " Among the shut-down enterprises described by Feng Lei, there are many industry leaders in previous years.

In 2005 and 2006, the sponge titanium market showed a "thriving" scene, and the price was always at a high level. Due to the long-term high price of sponge titanium and huge profit margin, the domestic sponge titanium investment boom has been induced.

Baoti shares (600456. SH) said that the domestic economy grew steadily in the first half of 20 14, but the titanium industry market was still in a situation of serious structural overcapacity and sluggish demand. In addition, the price of non-ferrous metals fluctuates and the price of sponge titanium continues to fall, which brings great difficulties to the company's production and operation.

"As of 20 14, 10, the company received 652 tons of sponge titanium from Rong Tai, with a value of 26.653 million yuan; By the end of June, 2065438+2004, the company had received 280 tons of sponge titanium from Baowen Shunlong, with a value of 1 1865000 yuan. " A recent announcement of Baoti describes its business dealings. The purchase price of sponge titanium of Baoti shares is lower than the production cost of the industry.

A few days ago, Zhang, managing director of Vanadium Titanium (000629) of Panzhihua Iron and Steel Co., Ltd. said at the performance briefing of 20 14 semi-annual report on Thursday that according to the current market price of sponge titanium, the sponge titanium project will definitely lose money after being converted into fixed assets, but the company will take all measures to reduce the loss as much as possible.

Li Tang, president of Vanadium and Titanium Research Institute of Pangang, said that most sponge titanium enterprises are now in a state of upside-down production and sales prices. "If we don't lose money, so many enterprises won't stop production."

In 20 13 years, China's annual production capacity of sponge titanium is150,000 tons, and sponge titanium is 80,000 tons, which is a serious overcapacity. At the end of 20 1 13/0/0, the State Reserve Bureau announced that it would collect and store 8,700 tons of titanium ingots in 20 13, so as to reduce the titanium market inventory and ensure the healthy development of the domestic rare metal industry.

Trading partners include Baoti Group, Northwest Nonferrous Metals Research Institute, Western Titanium Industry, Xiangtou Jintian Titanium Industry, Zunyi Titanium Industry and orient tantalum industry.

According to Feng Lei's observation, the actual annual output of sponge titanium this year is only about 60,000 tons. Li Tang said, "More than 70% of the sponge titanium produced by Panzhihua Iron and Steel Company is above grade 0. We should collect and store high-quality sponge titanium and guide the industry to develop to the high end. " At the same time, Li Tang believes that sponge titanium is the raw material of titanium ingots, which is more suitable for storage by the State Reserve Bureau than titanium ingots.