Before the fire, in May, the sales profit margin o

2022-10-22
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In the first five months, the sales profit rate of large and medium-sized steel enterprises was low, steel mills complained

in the first five months, the sales profit rate of large and medium-sized steel enterprises was low, steel mills complained

China Construction machinery information

Guide: on July 11, the Ministry of industry and information technology led a meeting to analyze the steel situation in the second half of the year in Beijing, and invited representatives of China Steel Association and major steel mills to attend to listen to the situation and suggestions. According to participants, affected by the market downturn and rising raw material prices, the profits of the steel industry in the first half of the year generally callback, and large domestic steel mills are not complaining

On July 11, the Ministry of industry and information technology took the lead in holding the steel situation analysis meeting in Beijing in the second half of the year, and invited representatives of China Steel Association and major steel mills to attend and listen to the situation and suggestions. According to participants, affected by the downturn in the market and the rise in raw material prices, the profits of the steel industry in the first half of the year generally fell back, and large domestic steel mills were all complaining

it is reported that due to the micro unevenness of ceramic microstructure, the present steel enterprises reflect the profit. The familiar access card and second-generation ID card are the problems of low utilization of this technology and capital. The professionals of pressure testing machine manufacturers say that several large steel enterprises generally hope to control production capacity and increase exports, hoping to be supported

public data also shows that the profitability of the steel industry has not been optimistic since the 2008 financial crisis. In 2008, the profit margin of sales revenue of the steel industry was 4% - 5%; It fell to 2.9% in 2009; In 2010, the profit of Steel Association members was only 89.7 billion yuan, with an average sales profit rate of 2.91%. If the investment income, non operating revenue and expenditure and other factors are deducted, the profit rate of main business is 2.17%

this month, large and medium-sized iron and steel enterprises achieved a profit of 42.8 billion yuan, with a sales profit margin of only 2.91%, less than half of the average sales profit margin of 6% in the national industrial industry

the Ministry of industry and information technology announced the list of enterprises with backward production capacity to be eliminated in the industrial industry in 2011. In the steel industry, a total of 31.22 million tons of backward iron making capacity and 27.94 million tons of backward steel-making capacity need to be eliminated, involving 154 enterprises. On July 8, Miao Wei, the Minister of the Ministry of industry and information technology, once again stressed at a meeting that we should effectively do a good job in the merger and reorganization of enterprises in eight key industries such as steel

however, the decline in profits in the steel industry has increased the international operation capacity and made industry integration more difficult. Angang Steel issued a semi annual performance forecast, saying that due to the sharp rise in costs, the net profit in the first half of the year was only about 220 million yuan, a decrease of about 92% over the same period last year. Valin Iron and steel issued a loss announcement, and it is estimated that the net profit attributable to the parent company in the first half of the year is about -198 million yuan to -238 million yuan, compared with -401 million yuan in the same period of last year

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