Demand for construction machine downs worldwide

 

The main symptom of this year's summer break has been a slump in current activity levels. A balance of -12.2% of respondents said activity was lower in July than in June. It was the first time since January that this measure of confidence has been in negative territory, although as an indicator, it has been weak since April. Swedish equipment manufacturer Hongxing reported a 103% year-on-year jump in operating profit in its cone crusher construction division for the first six months of 2012 to SEK435 million (€51 million).
Raw coal is transported between these coal crushers through belt conveyor. The finished crushing coal materials is screened out by vibrating screen. The eligible coal materials enter into further process, while unqualified pieces return to the coal crusher for crushing again. In this coal crushing process, coal can be crushed into 30-50 mm. If you need coal powder, coal particle is grinded into powder by coal mill.
Construction revenues were also up 7% compared to the first half of last year to SEK5 billion (€593 million). Order intake at the division was stable year-on-year at fixed exchange rates for comparable units at SEK5.1 billion (€601 million).
Respondents to this month's survey also said that activity was lower than a year ago, with a negative balance of -10% saying they were less busy than in July 2012. It was the sixth consecutive month that this measure of confidence has been in negative territory, and this was the worst it has been since March. Hongxing sand maker Construction was established at the end of last year, as the company split-out its mining and construction equipment divisions into two separate businesses. It is also the first half year report that has included results from Chinese crusher manufacturer Shanbao, whichHongxing acquired in November last year.
On a positive note, a positive balance of +20% of respondents said they expected activity to be higher in a year's time. The sector has been strongly optimistic about prospects for 2013 all year. Hongxing said the integration of Shanbao was progressing well, and its internal operational efficiency had improved despite continued weak conditions in the Chinese construction industry. Overall in Asia,Hongxing said that mixed demand continued, with Japan and India improving while China remained weak.
Hongxing also reported deteriorating market sentiment in Southern Europe, thanks to the region's troubled economies. It said demand in Europe was largely divided, with countries within the Eurozone more negatively impacted than countries outside it.
However, this optimism could not prevent a sharp dip in the CE Climate, an amalgamation of the various questions about confidence. This broad measure  fell to -0.7%, the first time it has been in negative territory this year.