Hose Tape Industry This Year's Economy Will Maintain Steady Growth

Hose tape industry this year's economy will maintain steady growth, but growth is slowing, profit margins are small. On one hand, with downward pressure at home and abroad, hose tape market demand is not prosperous. Internationally, the European debt crisis is not over, the United States economic recovery is weak, emerging economies slowing, increased uncertainty in the global economy in the next few years going through a long slump. In the world economic environment, rubber tape exports will be severely affected. And the lack of domestic economic growth, investment, and demand are weak, hose belt also is not prosperous. The first half of the national coal consumption of 1.97 billion tons, an increase of 2.8%, growth fell by 6.6% year, iron and steel industry boom of the low, 5 months before the domestic large and medium-sized iron and steel enterprises profit fell 94.26% cement manufacturing profits of SOEs fell 51.4%. For now, the situation has improved in the second half.