The basic situation of China's steel industry in t

2022-10-03
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Introduction: report analysis in the first half of this year, the research team learned from the survey that 71 large and medium-sized steel enterprises included in the statistics achieved a profit of 101.047 billion yuan, and the profit of steel enterprises exceeded 100 billion yuan, an increase of 26.1% year-on-year. The overall operation of China's steel industry is in good condition. Rational analysis of profit and loss in the first half of the profits achieved, the most profitable

report analysis

in the first half of this year, 71 large and medium-sized steel enterprises included in the statistics achieved a profit of 101.047 billion yuan, and the profit of steel enterprises exceeded 100 billion yuan, an increase of 26.1% year-on-year. The overall operation of China's steel industry is in good condition

rational analysis of profit and loss

among the profits achieved in the first half of the year, the top 20 enterprises with the most profits achieved a total profit of 82.1 billion yuan, accounting for 81.24% of the total profits. The industry profits are obviously concentrated in advantageous enterprises. On the other hand, among the 71 large and medium-sized enterprises, 4 suffered losses, an increase of 2 over the same period of the previous year, and the scope of losses expanded. A large number of enterprises were in a state of low profits, and the profits of the whole industry were polarized

from January to June this year, the sales profit margin of large and medium-sized iron and steel enterprises was 7.61%, a decrease of 0.95 percentage points over the same period last year. The original plastic packaging shopping bags produced by iron and steel gradually withdrew from the domestic market, and the profitability of the main business of the enterprise decreased significantly

in addition, the short-term bank loans of large and medium-sized steel enterprises in the first half of this year were 367.986 billion yuan, an increase of 31.41% year-on-year; Long term bank loans amounted to 266.124 billion yuan, an increase of 38.32% year-on-year; At the end of the first half of the year, the enterprise's asset liability ratio was 59.06%, an increase of 1.66 percentage points year-on-year; Enterprise accounts payable was 235.885 billion yuan, an increase of 44.14% year-on-year; Accounts receivable amounted to 67.608 billion yuan, with a year-on-year increase of 29.34%. These situations show that the difficulties of capital turnover faced by enterprises' operation and production are increasing, especially for small and medium-sized steel enterprises. Shan Shanghua, Secretary General of CISA, revealed that in the first half of the year, large and medium-sized iron and steel enterprises increased their export tariffs due to rising costs, and the reduction of interest was related to 2. However, the emergence of new lightweight materials for automobiles did put forward new requirements for testing and other links of more than 100 billion yuan

detailed cost increase account

the manufacturing cost of the steel industry has increased at an alarming rate. According to Shan Shanghua, Secretary General of CISA, due to the sharp rise in the prices of iron ore, coal, coke, crude oil and sea freight in the first half of this year, the cost of steel production rose sharply. It is preliminarily estimated that the manufacturing cost increased by 153 billion yuan from January to may, plus the increase in expenses during the period and the adjustment of export tariffs and tax rebate rates, the total cost reached 234 billion yuan

according to the analysis of the marketing department of CISA, the long-term agreement price of iron ore between China and Brazil and Australia has increased significantly, and the main impact is reflected in the second half of the year. In the first half of the year, the price rise of fuel materials put great pressure on costs. The prices of crude oil, coal, coke and railway transportation will continue to rise in the second half of the year. In addition, we should also pay attention to the expectation of the state to increase bank loan interest and adjust tax policies

industrial concentration increased by 5.28 percentage points

after a series of joint restructuring in the first half of the year, the crude steel output of the top 10 enterprises totaled 109.1933 million tons, accounting for 41.37% of the national total, and the industrial concentration increased by 5.28 percentage points

Zhang Xiaogang, President of China Iron and Steel Industry Association, pointed out at the relevant meeting a few days ago that not only the joint reorganization of regional iron and steel enterprises should be carried out, but also the joint reorganization across regions and ownership should be encouraged. The focus of joint restructuring is not only to realize the optimal allocation of resources nationwide, but also to think about the sustainable development of China's steel industry from the perspective of economic globalization. Zhang Xiaogang also called on the relevant state departments to strengthen the efforts to promote the joint reorganization of steel enterprises across regions and across ownership, timely introduce relevant policies and measures, and create favorable conditions for the joint reorganization across regions and across ownership

Chen Bo, R & D Manager of Ningbo nengzhiguang New Material Technology Co., Ltd., said that there were worries about energy conservation and emission reduction

in the first half of this year, the energy conservation and emission reduction work of large and medium-sized steel enterprises included in the statistics was mixed. The average comprehensive energy consumption per ton of steel, energy consumption per 10000 yuan of industrial added value, and new water consumption per ton of steel all decreased year-on-year; However, the total emissions of sulfur dioxide and soot increased year-on-year

According to Luo Bingsheng, executive vice president of CISA, the total energy consumption in the first half of the year was 117.5711 million tons of standard coal, an increase of 8.7694 million tons of standard coal over the same period last year, an increase of 8.06%, 1.19 percentage points lower than the increase in crude steel output of large and medium-sized steel enterprises (9.25%). In the first half of the year, the total emission of sulfur dioxide increased by 1.67% year-on-year, and the total emission of soot increased by 4.08% year-on-year. These two indicators have not decreased but increased, and the scheduled emission reduction targets have not been achieved, indicating that the energy conservation and emission reduction of the whole industry is still facing arduous tasks

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