China Iron and Steel Association
October 30, 2008
In the first half of this year, China''s steel industry on the whole, maintained stability in the rapid development into the third quarter of the year, the industry-wide trend has changed dramatically. On the whole, this year''s iron and steel industry production and business activities following the new situation and new features:
First, iron and steel production in the first half of steady growth, 7, 8, 9 months in a row than the decline in Central
Jan-Sept crude steel production of 390,952,700 tons, up 6.22 percent, an increase over the same period last year dropped 11.39 percent. Of which: the steady growth of steel output in the first half, crude steel output in June up to 46,944,400 tons. Three quarters of the beginning of the monthly decline in July 44,886,400 tons, in August 42,567,700 tons, in September 39,614,200 tons, 7, 8 and 9 respectively on the previous month production chain 4.38 percent, 5.17 percent, 6.94 percent;
September crude steel production in June than 7,330,200 tons, down 15.61 percent. Of these, included in the statistics of large and medium-sized iron and steel production enterprises 4,229,300 tons, accounting for 57.7 percent of total production; local small and medium enterprises production 3,100,900 tons, accounting for 42.3 percent.
January-September production of blast furnace pig iron 366,735,200 tons, up 5.05 percent, an increase over the same period last year dropped 10.63 percent. Of which: in the first half of steady growth in output of pig iron, pig iron output in June up to 43,391,600 tons. Three quarters of the beginning of the monthly decline in July 41,975,200 tons, in August 40,045,400 tons, in September 37,549,500 tons, 7, 8 and 9 respectively on the previous month production chain 3.26 percent, 4.6 percent, 6.23 percent;
In September than in June of pig iron production 5,842,100 tons, down 13.46 percent. Of these, included in the statistics of large and medium-sized iron and steel production enterprises 2,925,300 tons, accounting for 50.1 percent of total production; local small and medium enterprises production 2,916,800 tons, accounting for 49.9 percent.
Second, the production of steel product mix optimization to continue to develop in the direction of
January-September production of 445,150,800 tons of steel (including repeat material, the same below), up 8.09 percent, an increase over the same period last year dropped 15.88 percent.
Judging from the product mix, 1-Sept plate production 171,826,100 tons, accounting for 38.6 percent of the total; long products 198,571,800 tons, accounting for 44.61 percent, the narrow-band 32,093,800 tons, accounting for 7.21 percent; pipe 32,097,500 tons, accounting for 7.21% ;
January to September than the same period last year production 33,324,000 tons of steel, sheet metal production 27,004,200 tons, accounting for 81.04 percent of the total incremental; long products 3,983,000 tons, accounting for 11.95 percent; narrow production 1,491,300 tons, or -4.48%; Pipe production 1,956,000 tons, accounting for 5.87 percent.
The above description of the product structure of the iron and steel production continued to increase in high-tech and high value-added product development.
Third, the energy of the emission reduction targets achieved good results
January to September this year, included in the statistics of large and medium-sized iron and steel enterprises with a total power consumption 175,261,400 tons of standard coal, 6.1 percent increase over the same period last year; energy consumption per ton of standard coal 628.91 kg / tonne, lower than 0.2 percent over the same period last year;
Jan-Aug yuan industrial added value of energy consumption 4.28 tons / million over the same period last year dropped 14.53 percent;
January to September of the new steel consumption of 5.06 tons of water / ton over the same period last year dropped 7.06 percent; efflux industrial waste water in the chemical oxygen consumption decreased 26.39 percent, ranked outside the 2.37 percent decline in total SO2, smoke and dust of the total efflux Dropped 5.16 percent, and scheduling outside the industrial dust decreased the total 11.97 percent.
Fourth, iron and steel exports drop in exports will continue to the next step down
[FS: PAGE]
Jan-Sept China''s steel exports 48,460,900 tons, year-on-year reduction of 1,061,200 tons, down 2.14 percent; billet exports 1,129,600 tons, year-on-year reduction of 4,836,900 tons, down 81.07 percent.
Jan-Sept China''s imports of steel 12,291,500 tons, down 686,900 tons, down 5.29 percent; steel billet imports 138,600 tons, year-on-year reduction of 51,000 tons, down 26.9 percent.
Jan-Sept China''s steel billet import, export and balance converted into a net exporter of crude steel 39,469,000 tons over the same period last year to reduce 5,184,200 tons, down 11.61 percent.
From the development of the situation, enterprises in the fourth quarter to reflect the first quarter of next year and iron and steel products, a significant reduction in export orders, the next step is expected to iron and steel exports will decline further.
Fifth, iron and steel production costs rise, the market price of steel dropped
January to September this year, included in the statistics of large and medium-sized steel enterprises representative of the steel-making pig iron production costs increased by 63.55 percent year-on-year. Which in January rose 43.56 percent, 77.28 percent rise in July, was growing month by month the development of the situation. In September rose 61.26 percent more than in July fell 16.02 points, driving up costs and weaken the momentum, but the iron and steel production costs remain high-cost operation.
Iron and steel enterprises caused by sharp rises in production costs is mainly due to the purchase of raw materials, fuel prices rose sharply. January-September average of integrated enterprise procurement cost per ton of metallurgical coke rose 95.35 percent, coking coal rose 87.1 percent, up 57.59 percent of coal injection, furnace into the domestic ore rose 80.87 percent, iron ore imports rose 51.45 percent (January-September imports Ore price rise 77.27 percent), outsourcing of pig iron rose 64.23 percent, 56.13 percent higher purchased scrap. As the iron and steel production fell demand weakened, the current fuel prices in the domestic market has shown a general down trend.
Steel prices in the domestic market in the first half to keep the situation to improve month by month, 6 at the end of composite steel price index rose to 161.47, up 125.12 at the beginning than the 36.35 points, or 29.05 percent. Into the third quarter, 7, 8, 9 for three months in the domestic market for steel prices dropped across the board, 9 at the end of composite steel price index fell 143.94, down 17.53 at the end of more than 6 points, or 10.86 percent. The decline in long products 12.36%, 10.74% decrease sheet into October, more violent fall, and fall, extensive coverage than the current steel prices fell 6 at the end of 30-40%, this development is abnormal Irrational. At present, the domestic steel market prices are still low adjustment of status.
Six, iron and steel, while corporate profits dropped, the rapid expansion of loss-making enterprises
Statistics included in the January-September of 71 large and medium-sized iron and steel enterprise sales revenue 2,098,203,000,000 yuan, up 39 percent; made a profit 132,625,000,000 yuan, up 13.13 percent.
In the first half of this year''s profit of 98,246,000,000 yuan, on average 16,374,000,000 yuan, on the whole, maintained a high level of profitability; in the third quarter a profit of 30,377,000,000 yuan, on average 10,126,000,000 yuan more than in the first half profit decline in the level of 38.16 percent; of which made a profit decline in September To 3,221,000,000 yuan more than in the first half of the average monthly reduction in the level of 80.33 percent.
Large and medium-sized enterprises in the first half of this year, on sales of steel products to 7.61 percent, in September fell to 1.4 percent, down 6.21 percentage points lower level of corporate profits 81.6 percent; in September and medium-sized iron and steel enterprises have 23 losses, the loss amounted to 32.4% ; January-September loss 1,154,000,000 yuan, is 18.06 times for the same period last year, this trend into October still has to continue to develop.
[FS: PAGE]
From the iron and steel industry-wide production and management point of view, the current special attention should be focused on the following issues:
1. The United States and sub-loan crisis of the financial crisis brought about by the impact and influence
So far this year, the world economic situation changed dramatically, the United States at the worsening credit crisis, the deepening impact of the development of a financial crisis and the impact of the global economy into recession and a drop in demand. The major impact on China''s performance in two ways, first, the impact of China''s exports decline, and the other is China''s main exports to the impact on the real economy, and may be driving China''s overall economic slowdown.
At present, the above-mentioned crisis on China''s steel industry, the most direct impact on the export of steel products is a significant reduction in orders, reflecting the general business in the fourth quarter of this year, export orders fell 50%, bringing this year''s fourth quarter and the first quarter of next year''s exports of steel products Decline; indirect impact on the real economy is mostly due to the lower reaches of the iron and steel industries of steel, the entity''s economic slowdown and China''s GDP growth rate of decline will have an impact on the domestic market for steel products weakened demand, coupled with the development of the next step of uncertainty, instability Factors increase, people have a panic, magnified the effect of weakening demand and the resulting current fluctuations in the domestic market significantly.
We believe that the fundamentals of China''s economic development is good, January to September this year, has maintained a GDP growth rate of 9.9 percent. International financial crisis on China''s financial and economic will to a certain extent, but the impact is limited, controlled, the Chinese government has taken a flexible, prudent macroeconomic policies to maintain financial stability and the promotion of stable and rapid economic growth, We should strengthen our confidence. China in particular is still in the industrialization and urbanization and upgrading of industrial structure, steady growth in the domestic market demand for steel products will not fundamentally change, we should be on the domestic steel market confidence in the stability of the firm. On the financial crisis, we should calmly observe and take active measures to deal with the potential to minimize losses.
2. To do a good job under the power of big enterprises to reduce costs and increase revenue and reduce expenditure of the work
January to September this year, the statistics included in the 71 large and medium-sized steel enterprises, the occurrence of the financial cost of 31,977,000,000 yuan, up 51.24 percent year-on-year; administrative expenses 72,151,000,000 yuan, up 31.53 percent year-on-year; the cost of sales 21,226,000,000 yuan, up 12.39 percent year-on-year, three The cost was significantly up comprehensively the situation. In view of this situation, iron and steel enterprises should be tightened in accordance with the requirements of careful planning, strict management and do everything possible to save all kinds of costs and expenses
As the third quarter of China''s iron and steel production declined month by month, the original industry-wide fuel demand weakening significantly, together with the domestic steel market prices dropped across the board, iron and steel production is currently required for the original price of fuel still room for further decline, Iron and steel manufacturers to reduce production cost advantage should pay close attention to this area.
In order to import iron ore, for example, January to September this year, imports of iron ore 346,111,400 tons, an increase of 62,077,100 tons, an increase of 21.86 percent. In the January-September domestic iron ore output has increased to meet domestic demand for blast furnace pig iron, an increase in the imports of 62,077,100 tons of iron ore, ore deposit caused by the port and business inventories increased a large number of mines, iron ore on October 15 in Hong Kong has been pressure Reached 89,000,000 tons, in a super-saturation. This situation is conducive to the current compression ore import volume, lower cost of procurement of imported ore.
[FS: PAGE]
January to September the average value of imports of integrated mine 141.32 U.S. dollars / ton, up 77.27 percent over the same period last year. Before August, the average value of imports of ore rising month by month, in August or the beginning of this year reached 21.26 percent. Since September, the beginning of a reversal, in September the average price 147.82 U.S. dollars / ton, 4.29 percent decline in August. At present, the import value of the mine has been four significant changes in the first ore import price fell sharply, and some have been reduced to 80 U.S. dollars / ton or so, in August dropped more than 20%; two years is long Mining Association spot price lower than mine, it is now long into the Association than mine ore spot; Third, the domestic market concentrate powder made from the sales price higher than the ore imports have been lower than the imported ore into and pulling imports The ore price decline; four iron ore imports is significantly lower freight sea, to reflect changes in the global prices of the Baltic Shipping Index (BDI) for May this year, 11,067 points on October 22 fell to 1221 points, down 88.97 percent; October 22 Brazil to China sea freight port 12.771 U.S. dollars / ton, Australia to Chinese ports 5.527 U.S. dollars / ton, the above situation on the import of iron and steel enterprises to reduce procurement costs are very favorable ore.
The development trend, we hope that as soon as possible through the iron and steel enterprises increase revenue and reduce expenditure and to reduce the original cost of fuel procurement in the current show into the conditions, the iron and steel production to achieve the full cost of the domestic market was slightly lower than the price of steel, to achieve a slight profit In order to create a new balance between production and sales, the domestic steel market and stable development.
3. Great force to maintain the stability of the domestic steel market and healthy development
As the iron and steel production and exports fell, 1-September in the domestic market and the apparent consumption of crude steel (available resources) 351,480,000 tons, an increase over the same period last year than 28,090,000 tons, an increase of 8.68 percent. Among them, in the first half of year-on-year growth of 16.31 percent, belong to the extraordinary high growth and contain the next new venture; July apparent consumption of crude steel up 6.91 percent, down 9.4 percentage points in the first half, -6.07% year-on-year in August , -15.87% Year-on-year in September, three quarters of the domestic market as a whole the apparent consumption of crude steel last year than the same period to reduce 6,034,200 tons, down 5.28 percent, in this case, the domestic steel market price decrease instead of increase, which is a departure from common sense As well as irrational.
It should be stressed that the current iron and steel production and operation enterprises are facing more difficulties in a number of enterprises and production loss, production, the positive side, this is the industry-wide restructuring to promote mergers and acquisitions and eliminate backward production capacity, speed up scientific and technological progress, Adjust and optimize the structure, change the way the development of the favorable opportunity of the entire industry should strive to do a good job in the above-mentioned work, promote good and fast development of the iron and steel industry.
How to achieve the domestic steel market, stable and healthy development, the key is to be the industry''s own efforts, the main contents:
First, the enterprises in accordance with market demand, production, market demand and steel exports declined, to control volume and optimizing the structure by combining the implementation of appropriate production, limited production, the contract does not adhere to the non-production, to speed up elimination of outdated Production capacity of the pace of efforts to achieve a basic balance between supply and demand in the domestic market;
Second, we must do a better job of lowering procurement costs and increase revenue and reduce expenditure, coupled with a stable steel market prices, into the show is the realization of the full cost of steel was slightly lower than market prices in order to reach a new balance between production and sales and corporate profits, the reverse The current market price volatility of the abnormal situation;
[FS: PAGE]
Third, we should actively regulate and maintain normal order in the sale of steel enterprises, with particular attention to prevent price competition, price and insisted on sending money to help the non-delivery, say faith, do not Sanjiao Zhai formation of a new, steel prices to remain relatively stable, in order to Promote the domestic steel market prices basically stable;
Fourth, consider the 68 large and medium-sized enterprises to statistics, 8 of steel inventory at the end of 9,492,500 tons, up 47% over the beginning of the actual situation of enterprises should strictly control the increase in steel stocks and maintain reasonable inventory, strict control of corporate accounts payable and accounts receivable Shall rise;
Fifth, the loss-making enterprises, through compression of the original cost of fuel purchasing and corporate in-house by potential profits, turned loss into gain, lower than the selling price of the product manufacturing costs, it is necessary to firmly stop or limit production, and so on.
October 30, 2008
In the first half of this year, China''s steel industry on the whole, maintained stability in the rapid development into the third quarter of the year, the industry-wide trend has changed dramatically. On the whole, this year''s iron and steel industry production and business activities following the new situation and new features:
First, iron and steel production in the first half of steady growth, 7, 8, 9 months in a row than the decline in Central
Jan-Sept crude steel production of 390,952,700 tons, up 6.22 percent, an increase over the same period last year dropped 11.39 percent. Of which: the steady growth of steel output in the first half, crude steel output in June up to 46,944,400 tons. Three quarters of the beginning of the monthly decline in July 44,886,400 tons, in August 42,567,700 tons, in September 39,614,200 tons, 7, 8 and 9 respectively on the previous month production chain 4.38 percent, 5.17 percent, 6.94 percent;
September crude steel production in June than 7,330,200 tons, down 15.61 percent. Of these, included in the statistics of large and medium-sized iron and steel production enterprises 4,229,300 tons, accounting for 57.7 percent of total production; local small and medium enterprises production 3,100,900 tons, accounting for 42.3 percent.
January-September production of blast furnace pig iron 366,735,200 tons, up 5.05 percent, an increase over the same period last year dropped 10.63 percent. Of which: in the first half of steady growth in output of pig iron, pig iron output in June up to 43,391,600 tons. Three quarters of the beginning of the monthly decline in July 41,975,200 tons, in August 40,045,400 tons, in September 37,549,500 tons, 7, 8 and 9 respectively on the previous month production chain 3.26 percent, 4.6 percent, 6.23 percent;
In September than in June of pig iron production 5,842,100 tons, down 13.46 percent. Of these, included in the statistics of large and medium-sized iron and steel production enterprises 2,925,300 tons, accounting for 50.1 percent of total production; local small and medium enterprises production 2,916,800 tons, accounting for 49.9 percent.
Second, the production of steel product mix optimization to continue to develop in the direction of
January-September production of 445,150,800 tons of steel (including repeat material, the same below), up 8.09 percent, an increase over the same period last year dropped 15.88 percent.
Judging from the product mix, 1-Sept plate production 171,826,100 tons, accounting for 38.6 percent of the total; long products 198,571,800 tons, accounting for 44.61 percent, the narrow-band 32,093,800 tons, accounting for 7.21 percent; pipe 32,097,500 tons, accounting for 7.21% ;
January to September than the same period last year production 33,324,000 tons of steel, sheet metal production 27,004,200 tons, accounting for 81.04 percent of the total incremental; long products 3,983,000 tons, accounting for 11.95 percent; narrow production 1,491,300 tons, or -4.48%; Pipe production 1,956,000 tons, accounting for 5.87 percent.
The above description of the product structure of the iron and steel production continued to increase in high-tech and high value-added product development.
Third, the energy of the emission reduction targets achieved good results
January to September this year, included in the statistics of large and medium-sized iron and steel enterprises with a total power consumption 175,261,400 tons of standard coal, 6.1 percent increase over the same period last year; energy consumption per ton of standard coal 628.91 kg / tonne, lower than 0.2 percent over the same period last year;
Jan-Aug yuan industrial added value of energy consumption 4.28 tons / million over the same period last year dropped 14.53 percent;
January to September of the new steel consumption of 5.06 tons of water / ton over the same period last year dropped 7.06 percent; efflux industrial waste water in the chemical oxygen consumption decreased 26.39 percent, ranked outside the 2.37 percent decline in total SO2, smoke and dust of the total efflux Dropped 5.16 percent, and scheduling outside the industrial dust decreased the total 11.97 percent.
Fourth, iron and steel exports drop in exports will continue to the next step down
[FS: PAGE]
Jan-Sept China''s steel exports 48,460,900 tons, year-on-year reduction of 1,061,200 tons, down 2.14 percent; billet exports 1,129,600 tons, year-on-year reduction of 4,836,900 tons, down 81.07 percent.
Jan-Sept China''s imports of steel 12,291,500 tons, down 686,900 tons, down 5.29 percent; steel billet imports 138,600 tons, year-on-year reduction of 51,000 tons, down 26.9 percent.
Jan-Sept China''s steel billet import, export and balance converted into a net exporter of crude steel 39,469,000 tons over the same period last year to reduce 5,184,200 tons, down 11.61 percent.
From the development of the situation, enterprises in the fourth quarter to reflect the first quarter of next year and iron and steel products, a significant reduction in export orders, the next step is expected to iron and steel exports will decline further.
Fifth, iron and steel production costs rise, the market price of steel dropped
January to September this year, included in the statistics of large and medium-sized steel enterprises representative of the steel-making pig iron production costs increased by 63.55 percent year-on-year. Which in January rose 43.56 percent, 77.28 percent rise in July, was growing month by month the development of the situation. In September rose 61.26 percent more than in July fell 16.02 points, driving up costs and weaken the momentum, but the iron and steel production costs remain high-cost operation.
Iron and steel enterprises caused by sharp rises in production costs is mainly due to the purchase of raw materials, fuel prices rose sharply. January-September average of integrated enterprise procurement cost per ton of metallurgical coke rose 95.35 percent, coking coal rose 87.1 percent, up 57.59 percent of coal injection, furnace into the domestic ore rose 80.87 percent, iron ore imports rose 51.45 percent (January-September imports Ore price rise 77.27 percent), outsourcing of pig iron rose 64.23 percent, 56.13 percent higher purchased scrap. As the iron and steel production fell demand weakened, the current fuel prices in the domestic market has shown a general down trend.
Steel prices in the domestic market in the first half to keep the situation to improve month by month, 6 at the end of composite steel price index rose to 161.47, up 125.12 at the beginning than the 36.35 points, or 29.05 percent. Into the third quarter, 7, 8, 9 for three months in the domestic market for steel prices dropped across the board, 9 at the end of composite steel price index fell 143.94, down 17.53 at the end of more than 6 points, or 10.86 percent. The decline in long products 12.36%, 10.74% decrease sheet into October, more violent fall, and fall, extensive coverage than the current steel prices fell 6 at the end of 30-40%, this development is abnormal Irrational. At present, the domestic steel market prices are still low adjustment of status.
Six, iron and steel, while corporate profits dropped, the rapid expansion of loss-making enterprises
Statistics included in the January-September of 71 large and medium-sized iron and steel enterprise sales revenue 2,098,203,000,000 yuan, up 39 percent; made a profit 132,625,000,000 yuan, up 13.13 percent.
In the first half of this year''s profit of 98,246,000,000 yuan, on average 16,374,000,000 yuan, on the whole, maintained a high level of profitability; in the third quarter a profit of 30,377,000,000 yuan, on average 10,126,000,000 yuan more than in the first half profit decline in the level of 38.16 percent; of which made a profit decline in September To 3,221,000,000 yuan more than in the first half of the average monthly reduction in the level of 80.33 percent.
Large and medium-sized enterprises in the first half of this year, on sales of steel products to 7.61 percent, in September fell to 1.4 percent, down 6.21 percentage points lower level of corporate profits 81.6 percent; in September and medium-sized iron and steel enterprises have 23 losses, the loss amounted to 32.4% ; January-September loss 1,154,000,000 yuan, is 18.06 times for the same period last year, this trend into October still has to continue to develop.
[FS: PAGE]
From the iron and steel industry-wide production and management point of view, the current special attention should be focused on the following issues:
1. The United States and sub-loan crisis of the financial crisis brought about by the impact and influence
So far this year, the world economic situation changed dramatically, the United States at the worsening credit crisis, the deepening impact of the development of a financial crisis and the impact of the global economy into recession and a drop in demand. The major impact on China''s performance in two ways, first, the impact of China''s exports decline, and the other is China''s main exports to the impact on the real economy, and may be driving China''s overall economic slowdown.
At present, the above-mentioned crisis on China''s steel industry, the most direct impact on the export of steel products is a significant reduction in orders, reflecting the general business in the fourth quarter of this year, export orders fell 50%, bringing this year''s fourth quarter and the first quarter of next year''s exports of steel products Decline; indirect impact on the real economy is mostly due to the lower reaches of the iron and steel industries of steel, the entity''s economic slowdown and China''s GDP growth rate of decline will have an impact on the domestic market for steel products weakened demand, coupled with the development of the next step of uncertainty, instability Factors increase, people have a panic, magnified the effect of weakening demand and the resulting current fluctuations in the domestic market significantly.
We believe that the fundamentals of China''s economic development is good, January to September this year, has maintained a GDP growth rate of 9.9 percent. International financial crisis on China''s financial and economic will to a certain extent, but the impact is limited, controlled, the Chinese government has taken a flexible, prudent macroeconomic policies to maintain financial stability and the promotion of stable and rapid economic growth, We should strengthen our confidence. China in particular is still in the industrialization and urbanization and upgrading of industrial structure, steady growth in the domestic market demand for steel products will not fundamentally change, we should be on the domestic steel market confidence in the stability of the firm. On the financial crisis, we should calmly observe and take active measures to deal with the potential to minimize losses.
2. To do a good job under the power of big enterprises to reduce costs and increase revenue and reduce expenditure of the work
January to September this year, the statistics included in the 71 large and medium-sized steel enterprises, the occurrence of the financial cost of 31,977,000,000 yuan, up 51.24 percent year-on-year; administrative expenses 72,151,000,000 yuan, up 31.53 percent year-on-year; the cost of sales 21,226,000,000 yuan, up 12.39 percent year-on-year, three The cost was significantly up comprehensively the situation. In view of this situation, iron and steel enterprises should be tightened in accordance with the requirements of careful planning, strict management and do everything possible to save all kinds of costs and expenses
As the third quarter of China''s iron and steel production declined month by month, the original industry-wide fuel demand weakening significantly, together with the domestic steel market prices dropped across the board, iron and steel production is currently required for the original price of fuel still room for further decline, Iron and steel manufacturers to reduce production cost advantage should pay close attention to this area.
In order to import iron ore, for example, January to September this year, imports of iron ore 346,111,400 tons, an increase of 62,077,100 tons, an increase of 21.86 percent. In the January-September domestic iron ore output has increased to meet domestic demand for blast furnace pig iron, an increase in the imports of 62,077,100 tons of iron ore, ore deposit caused by the port and business inventories increased a large number of mines, iron ore on October 15 in Hong Kong has been pressure Reached 89,000,000 tons, in a super-saturation. This situation is conducive to the current compression ore import volume, lower cost of procurement of imported ore.
[FS: PAGE]
January to September the average value of imports of integrated mine 141.32 U.S. dollars / ton, up 77.27 percent over the same period last year. Before August, the average value of imports of ore rising month by month, in August or the beginning of this year reached 21.26 percent. Since September, the beginning of a reversal, in September the average price 147.82 U.S. dollars / ton, 4.29 percent decline in August. At present, the import value of the mine has been four significant changes in the first ore import price fell sharply, and some have been reduced to 80 U.S. dollars / ton or so, in August dropped more than 20%; two years is long Mining Association spot price lower than mine, it is now long into the Association than mine ore spot; Third, the domestic market concentrate powder made from the sales price higher than the ore imports have been lower than the imported ore into and pulling imports The ore price decline; four iron ore imports is significantly lower freight sea, to reflect changes in the global prices of the Baltic Shipping Index (BDI) for May this year, 11,067 points on October 22 fell to 1221 points, down 88.97 percent; October 22 Brazil to China sea freight port 12.771 U.S. dollars / ton, Australia to Chinese ports 5.527 U.S. dollars / ton, the above situation on the import of iron and steel enterprises to reduce procurement costs are very favorable ore.
The development trend, we hope that as soon as possible through the iron and steel enterprises increase revenue and reduce expenditure and to reduce the original cost of fuel procurement in the current show into the conditions, the iron and steel production to achieve the full cost of the domestic market was slightly lower than the price of steel, to achieve a slight profit In order to create a new balance between production and sales, the domestic steel market and stable development.
3. Great force to maintain the stability of the domestic steel market and healthy development
As the iron and steel production and exports fell, 1-September in the domestic market and the apparent consumption of crude steel (available resources) 351,480,000 tons, an increase over the same period last year than 28,090,000 tons, an increase of 8.68 percent. Among them, in the first half of year-on-year growth of 16.31 percent, belong to the extraordinary high growth and contain the next new venture; July apparent consumption of crude steel up 6.91 percent, down 9.4 percentage points in the first half, -6.07% year-on-year in August , -15.87% Year-on-year in September, three quarters of the domestic market as a whole the apparent consumption of crude steel last year than the same period to reduce 6,034,200 tons, down 5.28 percent, in this case, the domestic steel market price decrease instead of increase, which is a departure from common sense As well as irrational.
It should be stressed that the current iron and steel production and operation enterprises are facing more difficulties in a number of enterprises and production loss, production, the positive side, this is the industry-wide restructuring to promote mergers and acquisitions and eliminate backward production capacity, speed up scientific and technological progress, Adjust and optimize the structure, change the way the development of the favorable opportunity of the entire industry should strive to do a good job in the above-mentioned work, promote good and fast development of the iron and steel industry.
How to achieve the domestic steel market, stable and healthy development, the key is to be the industry''s own efforts, the main contents:
First, the enterprises in accordance with market demand, production, market demand and steel exports declined, to control volume and optimizing the structure by combining the implementation of appropriate production, limited production, the contract does not adhere to the non-production, to speed up elimination of outdated Production capacity of the pace of efforts to achieve a basic balance between supply and demand in the domestic market;
Second, we must do a better job of lowering procurement costs and increase revenue and reduce expenditure, coupled with a stable steel market prices, into the show is the realization of the full cost of steel was slightly lower than market prices in order to reach a new balance between production and sales and corporate profits, the reverse The current market price volatility of the abnormal situation;
[FS: PAGE]
Third, we should actively regulate and maintain normal order in the sale of steel enterprises, with particular attention to prevent price competition, price and insisted on sending money to help the non-delivery, say faith, do not Sanjiao Zhai formation of a new, steel prices to remain relatively stable, in order to Promote the domestic steel market prices basically stable;
Fourth, consider the 68 large and medium-sized enterprises to statistics, 8 of steel inventory at the end of 9,492,500 tons, up 47% over the beginning of the actual situation of enterprises should strictly control the increase in steel stocks and maintain reasonable inventory, strict control of corporate accounts payable and accounts receivable Shall rise;
Fifth, the loss-making enterprises, through compression of the original cost of fuel purchasing and corporate in-house by potential profits, turned loss into gain, lower than the selling price of the product manufacturing costs, it is necessary to firmly stop or limit production, and so on.
