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Status quo of iron and steel industry
Release time:
2023-03-03 15:55
Source:
network
The iron and steel industry is an industrial industry mainly engaged in ferrous mineral mining, ferrous metal smelting and processing and other industrial production activities, including the mineral mining industry of ferrous iron, chromium, manganese, iron, steel, steel processing industry, iron alloy smelting, steel wire and products industry and other subdivisions, is one of the important raw material industries of the country. In addition, since steel production also involves non-metallic mineral extraction and products and other industrial categories, such as coking, refractories, carbon products, etc., these industrial categories are usually included in the steel industry.
From January to November 2012, the cumulative sales revenue reached 3,244 billion yuan, down by 5.37% year-on-year; The profit was 66 billion yuan, down by 5.773 billion yuan, and the break-even profit was 1.97 billion yuan. The bank loan increased by 6.58% year on year, and the financial expense increased by 24.38% year on year. At the same time, the asset-liability ratio of the enterprise continued to rise, reaching 68.67% by the end of November, up by nearly 1.64 percentage points year on year. From January to November 2012, the national industrial added value increased by 6.8% year on year, a growth rate of 10.5 percentage points lower, the national real estate development investment growth rate decreased by 13.2 percentage points year on year, especially the new housing construction area decreased by 7.2% year on year, while the same period in 2011 was a growth of 20.5%. This is enough to show the lack of demand in the downstream industry, coupled with excessive steel production capacity, the contradiction of oversupply in the steel market is very prominent, and steel sales are extremely difficult. "As steel prices continue to fall, squeezing the profit space of steel distributors, capital chain fracture, further aggravate the market panic, industry-wide losses followed.
Keywords: Jiuhuayang Mechanical Equipment
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The operation of the steel industry
Steel output maintained growth. In October, the output of pig iron, crude steel and steel was 76.17 million tons, 92.2 million tons and 11.48 million tons, respectively, up 9.4 percent, 12.7 percent and 14.2 percent year-on-year. From January to October, the output of pig iron, crude steel and steel stood at 740 million tons, 870 million tons and 1.08 million tons, respectively, up 4.3 percent, 5.5 percent and 6.5 percent year-on-year.
What are the classifications of the steel industry
The main raw materials of iron and steel production include iron ore, manganese ore, chromium ore, limestone, refractory clay, dolomite, siderite and other minerals of raw ore and finished ore, artificial block ore, iron alloy, coal washing, coke, gas and coal chemical products, refractory products, carbon products, etc.
Output reached a record high level. From January to June 2013, China produced 390 million tons of crude steel, up 7.4% year on year and 5.6 percentage points higher than the same period last year. In the first six months, the average daily crude steel output was 2.154 million tons, equivalent to the annual crude steel output of 786 million tons. Among them, February reached a record high of 2.208 million tons, March to June although there was a decline, but still maintained at a high level of more than 2.1 million tons. From January to June, the crude steel output of Hebei and Jiangsu increased by 6.8% and 13.2% year on year, respectively. The new output of the two provinces accounted for 42.4% of the total increase of 26.94 million tons in China, and Shanxi, Liaoning, Henan and Yunnan provinces also increased by more than 1 million tons. From January to June, crude steel output of large and medium-sized steel enterprises increased by 5.5% year on year, 2 percentage points lower than the national average, but still accounted for 60% of the increase.
Steel industry development analysis
From January to September 2013, large and medium-sized steel enterprises achieved cumulative sales revenue decreased by 6.49% compared with the same period last year, according to a steel industry operation report released by the China Iron and Steel Association on Wednesday. The loss of loss-making enterprises reached 26.726 billion yuan, an increase of 41.5 times year-on-year, or 45%. Losses in the steel industry continue to intensify.
Status quo of iron and steel industry
The iron and steel industry is an industrial industry mainly engaged in ferrous mineral mining, ferrous metal smelting and processing and other industrial production activities, including the mineral mining industry of ferrous iron, chromium, manganese, iron, steel, steel processing industry, iron alloy smelting, steel wire and products industry and other subdivisions, is one of the important raw material industries of the country. In addition, since steel production also involves non-metallic mineral extraction and products and other industrial categories, such as coking, refractories, carbon products, etc., these industrial categories are usually included in the steel industry.
Luoyang Jiuhuayang Machinery Equipment Co., Ltd
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