Iron and steel industry, the economic benefits of a substantial reduction
Dynamic reactive power compensation in Shijiazhuang in April 21 in the first quarter of this year, Hebei Province, the total output of 46 million 560 thousand tons of steel, an increase of 5.82, total iron production 45 million 580 thousand tons, an increase of 4.91, production were slightly increased.
Hebei Provincial Metallurgical Industry Association Secretary General Wang Dayong accepted a reporter to interview, said by the downstream industry such as real estate, automobiles, home appliances, shipbuilding, electric power and other industries demand weaken the influence, the economic benefits of the steel industry greatly reduced. Resources and energy prices and taxes rise, resulting in iron and steel production costs continue to rise, while this year, steel prices drop slightly, but raw material prices have been high, so the iron and steel industry profits is very low, some companies no profit or even negative profit.
A loss in the iron and steel industry under the premise, Hebei Iron and steel will be $88.7 million Canadian dollars (about 5.56 billion yuan) acquisition of Canadian companies Al Delon 25.8 million shares, accounting for about of the total share capital of 19.19, and will invest $105.7 billion (about 6.65 billion yuan) acquisition of 25 of the rights and interests of Canada Jiamei iron ore project.
Wang Dayong believes that the domestic iron ore production is relatively high, but the quality is poor. Foreign iron ore production is relatively concentrated, resulting in a monopoly, so the price of imported iron ore is higher than its value. The proportion of imports of iron ore prices actually depends on the domestic iron and steel enterprises to import fell ore dependence and mining rights (through the acquisition of shares, the acquisition of assets and joint ventures, joint ventures and other mineral resources for, if the increased proportion of rights and interests of mine will naturally enhance China's right to speak in the imported iron ore pricing and reduce the price of imported iron ore. Iron and steel enterprises are mainly due to the low economic efficiency caused by domestic demand weakened, only one or two mines abroad for a short period of time will not have too much income. This year, the situation will continue to weaken domestic demand, iron and steel enterprises into the winter.
China Iron and Steel Association previously published data show that in the first quarter of 2012, iron and steel industry realized total industrial output value of 0.24, an increase of, to achieve sales revenue, down 0.95. Focus on large and medium-sized iron and steel enterprises accumulated a total loss of RMB, profit fell sharply, by the steel industry industry losses into industry losses.
Hebei Provincial Metallurgical Industry Association Secretary General Wang Dayong accepted a reporter to interview, said by the downstream industry such as real estate, automobiles, home appliances, shipbuilding, electric power and other industries demand weaken the influence, the economic benefits of the steel industry greatly reduced. Resources and energy prices and taxes rise, resulting in iron and steel production costs continue to rise, while this year, steel prices drop slightly, but raw material prices have been high, so the iron and steel industry profits is very low, some companies no profit or even negative profit.
A loss in the iron and steel industry under the premise, Hebei Iron and steel will be $88.7 million Canadian dollars (about 5.56 billion yuan) acquisition of Canadian companies Al Delon 25.8 million shares, accounting for about of the total share capital of 19.19, and will invest $105.7 billion (about 6.65 billion yuan) acquisition of 25 of the rights and interests of Canada Jiamei iron ore project.
Wang Dayong believes that the domestic iron ore production is relatively high, but the quality is poor. Foreign iron ore production is relatively concentrated, resulting in a monopoly, so the price of imported iron ore is higher than its value. The proportion of imports of iron ore prices actually depends on the domestic iron and steel enterprises to import fell ore dependence and mining rights (through the acquisition of shares, the acquisition of assets and joint ventures, joint ventures and other mineral resources for, if the increased proportion of rights and interests of mine will naturally enhance China's right to speak in the imported iron ore pricing and reduce the price of imported iron ore. Iron and steel enterprises are mainly due to the low economic efficiency caused by domestic demand weakened, only one or two mines abroad for a short period of time will not have too much income. This year, the situation will continue to weaken domestic demand, iron and steel enterprises into the winter.
China Iron and Steel Association previously published data show that in the first quarter of 2012, iron and steel industry realized total industrial output value of 0.24, an increase of, to achieve sales revenue, down 0.95. Focus on large and medium-sized iron and steel enterprises accumulated a total loss of RMB, profit fell sharply, by the steel industry industry losses into industry losses.
| Datetime：2016.03.29 From： Views：