It is reported that steel pipe production of Tianjin Pipe Group Corporation leaps to the first place in the world, its April profit keeps ranking first in China steel pipe industry with stable No 1 in export amount and revenue income.
Tianjin Pipe Group made an excellent performance in the process of changing development mode, adjusting products structure, and striving to be a high level, high tech, high efficiency and high quality transnational group.
The latest statistics show that in April, the pipe group gross industrial output increased by 22.11% over last year up by 45.8%YoY in sales revenue, on the foundation of last year’s steady growth, 2010 still keeps a strong growing trend in every economic indicator realizing improving performance month by month.
In 2010 because of the price soar of raw material and exports suffer serious disruption, competition in seamless steel industry gets very fierce, Tianjin pipe group starts to work hard to comprehensively enhance its enterprises competitiveness under the guidance of scientific development concept.
1. Tianjin pipe group focus its development on four parts: steel pipe & copper sheet, equipment manufacturing, international trade, foreign enterprises and logistic service security. With the core of steel pipe, they further develop and expand new primary business to promote coordinated development of each business and enhance the whole development. For the first 4 months, main indicators of steel pipe business improved steadily. In April, copper products’ production and sales volume both reach 20,000 tonnes, hitting historical record.
2. They optimize products structure and develop new high end products. This year, Tianjin Pipe Group makes more effort on new products’ research. In mid March, TP140VTP-CQ ultra high strength pipe, Tianjin Pipe Group’s independent research result, successfully went underground of 7087 meters at CNPC Talimu Oilfield creating 273.05 mm outer diameter casing’s two national records its reach ability underground and tube weight. From January to April, the production of special thread casing increased by 95%YoY in April the production is 1.93 times to the same period of last year.
3. They also further strengthen the market development to cover new fields. From January to April, their high end pipe sales in domestic market increased by 22.92%YoY, the domestic high end product sales increase of 22.92% over last year and specialized pipes up 47.15 YoY drill pipe up110.89%YoY. Under the situation of global financial crisis and trade protection, they took positive response to the antidumping, ant subsidy investigation, in the same time they deeply explore the traditional market and consolidate the basic market expand and strengthen the development of new markets, so that effectively alleviate the adverse impact on export. Their steel pipe export increases 10%YoY from January to April with great contrast to the great drop in exports of seamless steel pipe nationwide.
4. They also make effort to reduce costs and maximize profits. Every month they save the costs above CNY 55 million especially in April the procedure costs drop by CNY 352 per ton compared with 2009 saving costs of 79.28 million tonnes. Tianjing Pipe Group energy consumption in tube rolling process, water recycling rate continuously remain the leader in national metallurgical industry.
