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As of March 31, according to Wind Info data statistics, the steel plate in 39 listed companies, has issued annual reports of 20, accounting for half of the total industry, but the annual report on the current release of iron and steel enterprise performance point of view, most of the enterprises Results showed a significant decline in the chain, except as some special steel enterprises such as Lingganggufen, Daye Special Steel performance is more prominent than profitability, the number of traditional large-scale iron and steel corporate earnings are not satisfactory, a number of listed companies in 10 million yuan profit level level. Entered in 2010, accounting for 8 percent cost of steel industry iron ore price negotiations have not yet finalized, but the large price increases have seemingly inevitable, the entire steel industry faces high costs, overcapacity in the double squeeze, although 3 consecutive month of rising prices of steel city as much as 700-800 yuan / ton, but still allows multiple uncertainties situation is not optimistic about China's steel industry. Cost reduction is imperative Recalling the 2009 production and price trends of view, high energy, large fluctuations in steel prices, the market situation into the second half of ????? several typical features of last year. Production of crude steel in 2009 in a total, pig iron and steel were 567.84 million tons, 543.75 million tons and 692.44 million tons, up 13.5% year on year respectively, 15.9% and 18.5%. In 2009 a significant reduction in domestic steel price volatility. In addition to other plate, wire, steel, hot coil, cold-rolled sheet during the year were the highest and lowest price difference more than 1200 yuan per ton, up 31.1% -41.7 volatility,%; plate height has reached 28.4 percent spread . According to CISA statistics, 68 medium-sized steel enterprises in 2009, a total profit of 55.388 billion yuan, down three percent, iron and steel industry showed a pattern of increasing output without increasing. This includes a number of smaller, profitable steel company better than the large listed companies. China's steel industry is characterized by a significant excess capacity and high inventory situation, the domestic market in 2010 will be even more serious situation of supply exceeding demand, Chinese steel production in 2010 is expected to be able to break through 710 million tons, crude steel output will reach 620 million tons , while the annual domestic consumption of crude steel apparent only 5 million tons. Zai great Di raw material costs rose this year, under pressure, eliminate backward production capacity, mergers and restructuring has become an industry consensus, the letter Bu Jin Nian Gong has developed several industry Tiaokong policy and constantly boost industrial restructuring, but can be expected, this kind of merger and reorganization is necessarily a long process. And practical is that the steel companies to improve their own internal cost control, such as Baosteel are this year's annual report disclosed its cost savings efforts, "walking on two legs" is now urgent. We are high quality suppliers, our products such as Roll Barbed Wire Manufacturer , China Galvanized Iron Wire for oversee buyer. To know more, please visits Welded Wire Mesh.
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