Foreign direct investment in China in January

In January this year, foreign direct investment (FDI) in China amounted to $14.07 billion, up 3.2 percent year on year, as announced by China’s Ministry of Commerce (MOC). In the given month, FDI by the US, the EU and Japan in China increased by 463.6 percent, 30.9 percent and 22.8 percent year on year, respectively.

And the non-financial foreign direct investment (FDI) by Chinese companies totaled RMB 78.76 billion ($12.09 billion), up 18.2 percent year on year, as announced by China’s Ministry of Commerce (MOC). In January this year, non-financial FDI in manufacturing by Chinese companies totaled RMB 10.6 billion ($1.63 billion), up 87.8 percent year on year.

“This is proof that China's manufacturing industry have a bright future, is a good news for us.” The Seko Machinerycompany’s general manager Mr Lu Haihui said that. The company is specializing in the production of the SS pipe making machine and the Decorative tube mill. It  also belongs to the typical manufacturing, is a popular investment.

Guangdong Shunde Seko Machinery & Technology Co.,Ltd.

www.gdseko.com  

Email:sevvice@gdseko.com
Skype:Lucy Xie,SEKO Machinery 

Suggested Reading: Annealing setup and equipment

Product: SS pipe making machine、Decorative tube making machine、HF Tube Mill、Polisher Machine、Mould

MMK ports net profit for 2015

Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for the fourth quarter and the full year of 2015 according to International Financial Reporting Standards (IFRS). In the fourth quarter, MMK registered a net loss of $125 million, compared to a net profit of $78 million in the third quarter of the year, while the company’s revenues decreased by 21.4 percent quarter on quarter to $1.18 billion, primarily due to the seasonal decline in domestic sales and a decrease in the average steel price during the quarter. In the fourth quarter, MMK’s EBITDA decreased by 36 percent to $275 million, with the EBITDA margin declining from 28.6 percent in the third quarter to 23.3 percent. Meanwhile, in 2015 the company recorded a net profit of $421 million compared to a net loss of $44 million in 2014, while its revenues decreased by 26.6 percent year on to $5.8 billion. The decline in revenue was primarily driven by lower sales volumes (down eight percent year on year) due to a decline in domestic demand for steel (down 12 percent year on year) and an increase in intra-group turnover. In the same year, MMK’s EBITDA increased by 3.8 percent year on year to $1.66 billion, with the EBITDA margin rising from 20.2 percent in 2014 to 28.6 percent.

According to MMK, in 2016 the Russian metals industry will remain under pressure from low capacity utilization globally, an increase in exports from China, growing protectionism in export markets and weak domestic demand. “China and Russia are neighbors, and the influence of the news for us is too big.” The manager of the Seko Machinery(Is a specialized manufacture INOX Pipe Making Machine company), Mr. Shaw said.

Guangdong Shunde Seko Machinery & Technology Co.,Ltd.

www.gdseko.com  

Email:sevvice@gdseko.com
Skype:Lucy Xie,SEKO Machinery 

Suggested Reading: Seko Machinery's Spring Festival party(1)

Product: SS pipe making machine、Decorative tube making machine、HF Tube Mill、Polisher Machine、Mould

Waht is the resistive heating？

       Resistive heating can be used to efficiently anneal copper wire; the heating system employs a controlled electrical short circuit. It can be advantageous because it does not require a temperature-regulated furnace like other methods of annealing. Seko Machinery Company's Annealing Equipment is use the resistive heating.

The process consists of two conductive pulleys (step pulleys), which the wire passes across after it is drawn. The two pulleys have an electrical potential across them, which causes the wire to form a short circuit. The Joule effect causes the temperature of the wire to rise to approximately 400 °C. This temperature is affected by the rotational speed of the pulleys, the ambient temperature, and the voltage applied. Where t is the temperature of the wire, K is a constant, V is the voltage applied, r is the number of rotations of the pulleys per minute, and ta is the ambient temperature:

The constant K depends on the diameter of the pulleys and the resistivity of the copper.

Purely in terms of the temperature of the copper wire, an increase in the speed of the wire through the pulley system has the same effect as an increase in resistance. Therefore, the speed of the wire can be varied quadratically as the voltage is applied.

Guangdong Shunde Seko Machinery & Technology Co.,Ltd.

www.gdseko.com  

Email:sevvice@gdseko.com
Skype:Lucy Xie,SEKO Machinery 

Suggested Reading: What is the full anneal?

Product: SS pipe making machine、Decorative tube making machine、HF Tube Mill、Polisher Machine、Mould

What is the full anneal？

A full anneal typically results in the second most ductile state a metal can assume for metal alloy. Its purpose is to originate a uniform and stable microstructure that most closely resembles the metal's phase diagram equilibrium microstructure, thus letting the metal attain relatively low levels of hardness, yield strength and ultimate strength with high plasticity and toughness. To perform a full anneal on a steel for example, steel is heated to slightly above the austenitic temperature and held for sufficient time to allow the material to fully form austenite or austenite-cementite grain structure. The material is then allowed to cool very slowly so that the equilibrium microstructure is obtained. In most cases this means the material is allowed to furnace cool (the furnace is turned off and the steel is let cool down inside) but in some cases it's air cooled. The cooling rate of the steel has to be

sufficiently slow so as to not let the austenite transform into bainite or martensite, but rather have it completely transform to pearlite and ferrite or cementite. This means that steels that are very hardenable (i.e. tend to form martensite under moderately low cooling rates) have to be furnace cooled. The details of the process depend on the type of metal and the precise alloy involved. In any case the result is a more ductile material but a lower yield strength and a lower tensile strength. This process is also called LP annealing for lamellar pearlite in the steel industry as opposed to a process anneal, which does not specify a microstructure and only has the goal of softening the material. Often the material to be machined is annealed, and then subject to further heat treatment to achieve the final desired properties.

Guangdong Shunde Seko Machinery & Technology Co.,Ltd.

www.gdseko.com  

Email:sevvice@gdseko.com
Skype:Lucy Xie,SEKO Machinery 

Suggested Reading: Foreign direct investment in China in January

Product: SS pipe making machine、Decorative tube making machine、HF Tube Mill、Polisher Machine、Mould

Seko Machinery’s early meeting

On the morning of February 20, Guangdong Shunde Seko Machinery&Technology Co.Ltd held the first big early in the New Year. All the employees of the company took part in the early meeting.

We first sang a song, “Unity is strength, Unity is strength ,which is a hard, this power is steel, stronger than hard than steel or iron……” Unity and cooperation of higher prices unity is strength, in every respect, need to unite. General manager, Mr Lu has said, Unity is strength, and we need to unite together on all areas. Our big family needs to unite more, so we will give forth a even brighter light.

Then we recite the slogan of the company, welcome the new colleagues, play a game, and congratulations to two female colleague to get married. General manager also handed out wedding gift money for them. The most funny is the punishment of the game, the host asked lost partner to dance in the game, them can't dance, everyone’s action is very funny.

The last, wish our products(Welded pipe making machine) better and better, sales of larger and larger. 

Guangdong Shunde Seko Machinery & Technology Co.,Ltd.

www.gdseko.com  

Email:sevvice@gdseko.com
Skype:Lucy Xie,SEKO Machinery 

Suggested Reading: OECD area GDP growth up

Product: SS pipe making machine、Decorative tube making machine、HF Tube Mill、Polisher Machine、Mould

Seko Machinery’s Spring Festival party(2)

Our party was held in the XiangXi hotel, at the Spring Festival party there is food and drink in abundance, including all kinds of rice, meat, vegetables , fruits, sweets, drinks and wine. The party’s food as much as our products. We have all kinds of machine, like the INOX pipe making machine, Decorative tube machine, High Frequency tube mill, Welded pipe polishing machine, welded pipe mould and so on.

Here, I hold the staff of company and extend lofty compliments and greeting to old and new customers, the masses of friends, colleagues from all walks of life forever on behalf of the Guangdong Shunde Seko Mchinery&Technology Co.Ltd!                               

Guangdong Shunde Seko Machinery & Technology Co.,Ltd.

www.gdseko.com  

Email:sevvice@gdseko.com
Skype:Lucy Xie,SEKO Machinery 

Suggested Reading: MMK ports net profit for 2015

Product: SS pipe making machine、Decorative tube making machine、HF Tube Mill、Polisher Machine、Mould

Seko Machinery's Spring Festival party(1)

On January 29th, our company held a Spring Festival gala. That night have rich variety of programs, sweepstakes, along with a variety of food and drink, very exciting.

Our company's colleagues would have been ready for the party. During the short break after lunch, some team members practised their dance program which was to be performed at the Spring Festival party. All programs are we the party colleagues show, a total of 10 programs, with singing, dancing, comedy, and so on.

And all of the employees have a chance to win a blanket, rice cookers, blanket, camera, kettle, IWatch, paid vacation, and cash at the Spring Festival sweepstakes.

Here, I hold the staff of company and extend lofty compliments and greeting to old and new customers, the masses of friends, colleagues from all walks of life forever on behalf of the Guangdong Shunde Seko Mchinery&Technology Co.Ltd!                                    

Guangdong Shunde Seko Machinery & Technology Co.,Ltd.

www.gdseko.com  

Email:sevvice@gdseko.com
Skype:Lucy Xie,SEKO Machinery 

Suggested Reading:Turkish basic metal manufacturing capacity use rises in January

Product: SS pipe making machine、Decorative tube making machine、HF Tube Mill、Polisher Machine、Mould