With steel prices continued to have fallen sharply, as well as ore and other raw materials Budie still in place, the steel industry in July or will face the embarrassment of the industry-wide losses.
 
"First Financial Daily reporter learned yesterday from a number of steel mills, the large steel mills have been caught in the position of comprehensive loss and the cost advantages of small and medium-sized steel mills, and also profit and loss line between struggling. Prior to carry the dead "does not cut the steel mills, gradually opened the prelude to the maintenance shutdown.
 
Since the beginning of the days of steel has been bad over the first two months of this year, the national key large and medium-sized steel enterprises was a loss of 2.8 billion yuan, 3,4,5 Despite the losses, but only the low-profit operations. 1 May, the large and medium-sized steel enterprises realized profits of 2.533 billion yuan, down 94.26 percent, the profit margin of only 0.17%.
 
"Based on our understanding, in June, the earnings situation of the steel not as good as May, July, is a possible loss." An analyst said the reporter.
 
China Steel Association latest the kine statistics data shows that focus on large and medium-sized steel enterprises in mid-July, crude steel output was 1.651 million tons, late ring, down 0.38 percent, the national estimate is 1.993 million tons, the chain is still an increase of 1.8%. However, since late July, including Wuhan Iron and Steel and Liuzhou Iron and Steel, including many large and medium-sized steel mill's blast furnace, beginning to come shutdowns or maintenance in advance, thus beginning the prelude of the steel mill shutdowns.
 
According to the latest statistics, as of July 25, a total of 13 blast furnace to determine the shutdown, affecting production of 863,000 tons; 21 bar line maintenance, affecting the production of 397,500 tons; six hot-rolled production line maintenance, affecting the production of 530 000 540,000 tons; two cold-rolled production line maintenance, affect the production of 50,000 tons; four board line maintenance, affecting the production of 80,000 to 85,000 tons; 7 strip production line maintenance, affecting the production of 45,000 to 49,000 tons; 2 steel production line maintenance, affecting the yield of 15,000 tons.
"Previously, in order to keep market share, steel mills to take a more reduction not reducing operating mid-July on the steel mills are still many in the more common maintenance cuts over the scale of production there are significant gaps. However, as in the late spot steel prices has fallen sharply, Shougang, Angang, and other large steel mills were forced to shutdowns. "the analyst told this reporter.



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