Right now, when the summer, China's steel market are among the extreme cold, difficult. The first quarter of this year, China's steel industry profits -10.34 billion. This is the steel industry the first industry-wide loss of nearly 12 years. High capacity and weak demand, high costs and low steel prices, these contradictions have plagued the development of the steel industry. So, how in adversity survival, and development?
 
China's steel industry out of the "winter"? With the focus today.
 
Steel enterprises profit by the high cost, low price of two extrusion
The steel industry was the backbone of the Chinese economy, but in recent years, the development of the industry suffered a cold winter.
 
The first quarter of this year, the domestic focus of large and medium-sized steel enterprises comprehensive loss, the loss of over 10 billion.
 
This is the first industry-wide losses in the steel industry into the new century, the loss of up to 33% loss of enterprises reached 9.098 billion yuan. The environment of the industry-wide losses, the well-known iron and steel enterprises Angang nor comfortable.
 
Chen, manager of Angang Steel Company Limited Company: Why a loss, mainly two of the price. Steel prices too low, too high prices of raw materials. Steel prices did not reach the level of the budget, higher raw material prices. Scissors to us and the beginning of the budget compared to the prices of raw materials and steel prices has brought us a total of 9 billion.
 
Bitter experience of adversity to survive
 
The reasons for the bottom of the profits in the industry, the manager of Angang Steel Company as a listed company, Chen has been thinking very hard. After careful study of the peer-enterprise product than to report, he found, Anshan Iron and disadvantage in the product structure has seriously hampered the profitability of AISC. In addition, in order to meet market demand, it is necessary to the production line can produce a good product. Anshan Iron and Steel's existing production line, however, has lagged far behind in the industry as a whole.
 
Chen, manager of Angang Steel Company: investment concept in faster radish wash mud, steel, big money, requiring fast track back to the set of things (production equipment scrap Lantie, that was all the face of these adverse situation, Angang people from top to bottom to actively think of ways to find a way out.
 
Anshan Iron and Steel Group, Department of Finance and Minister Liu Shen: Anshan Iron and the only advantage is that we mine, for this, we are also optimistic about this form, so we mine from last October to give him overweight, take the incentives taken institutional incentives of the way, let him produce more ore.
 
In the steel industry overall profit is very low or even no profit today, to improve sales practices to reduce intermediate links, direct service users has become a common direction of development of the entire steel industry. Angang also tried in this regard.
 
Chen, manager of Angang Steel Company Limited Company: iron and steel enterprises and users, short connected, short plug in your ideas have to be changed. You become a service provider by the manufacturer, direct services, personal nanny to do your users give you good service to this above transfer.
 
Hard skills to play the advantages of profitability
 
Anshan Iron and pay close attention to management, cost efficiency and other series of reform measures to promote the continuous loss of four, is expected in May will achieve profitability.



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