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10 large and medium-sized steel enterprises deficits steel main business is still loss

sourcexinhua

time2012/12/04

Xinhua Beijing, November 24 (Reporter Wang Min) party secretary and vice president of the China Iron and Steel Association, Liu Zhenjiang on the 24th that 2012 is the year of China's steel industry into the 21st century is the most difficult. The first three quarters, increased steel production industry losses, the steel industry improved since October, realized losses in the large and medium-sized steel enterprises in general, but the main steel industry is still losing money. Liu Zhenjiang made ??the above remarks in the eighth the Bohai steel market forum.

According to reports, the first three quarters of this year, China's iron and steel enterprises net loss of 55 billion yuan, compared with the same period last year profit of 38.7 billion yuan profit a negative growth of 106.57%. First nine months, in addition to the three, four, from a slight surplus in May, the other is a loss. "Liu Zhenjiang, 1-9 months, the accumulated losses of the steel industry 10 billion six more enterprise the loss of billions of dollars. The actual situation is worse than statistics. Entire industry to produce a ton of steel is basically a loss of 70 dollars a tonne of steel and some companies even loss of 300 dollars. "He said.

According to the analysis, the market demand this year, significantly weakened, but the steel production capacity is still too high, plus the unreasonable product structure in the steel industry, vicious competition, the old problems, highlighting the difficulties in the steel industry. Liu Zhenjiang efficient steel industry for many years after the high-speed development, we must accelerate the transformation and upgrading. Recommended that countries co-ordinate a comprehensive development, further support for scientific and technological innovation for the real economy, the steel industry. In the era of little profit, the enterprise should clear market positioning, strategic adjustment, promote sustainable development, improve market competitiveness.

Liu Zhenjiang expected, the case of the steel industry in the fourth quarter of this year will be better than the first three quarters of next year, the situation will be better than this year, but the steel industry not to blind investment, blindly follow the trend, and control capacity remains focused.

Eighth the Bohai Steel Market Forum co-sponsored by the metallic materials trade associations in Beijing Lange Steel mesh, held in Beijing from November 23 to 24. Participants around the analysis and discussion of the depth of focus of the steel industry and economic trends, to help the steel industry as soon as possible out of the "winter".