"In the first half of this year, the level of profitability of the steel industry can be said to have fallen sharply." Yesterday, Zhuochuang steel analyst Kai Guo told reporters.
According to the industry survey shows that, in large and medium-sized steel enterprises included in the Steel Association statistics, in June, profitability once again slipped to "negative", which profit income to -1.18 billion monthly sales profit rate of -0.04%.
As the "leader" of the steel industry, the listed steel enterprises are suffering too. Statistics found that, as of August 2, has released the 23 listed steel companies in the 2012 interim results notice, only as long as LTL materials, Panzhihua Steel Vanadium Titanium and Baoshan Iron & Steel 3 "pre-increment", and the remaining 20 had to face the "loss" or "performance decline" position.
Guo Kai, said steel prices continued to decline, mainly due to the global economic slowdown and serious surplus production capacity downstream of real estate regulation, fixed-asset investment growth slowed, a serious shortage of investment in railways and other effects.
However, steel analyst said in an interview, the core factors to affect China's steel industry or production capacity. "This year, the industry-quarter downturn, China's crude steel production not only did not drop, but has also increased. This is not only suppress the steel prices, but also affect the profits of an enterprise."
"Compared to the downturn of the steel industry as a whole, our company's sales in the first half of the situation has not been greatly affected, profit was essentially flat." Yesterday, the distribution of steel in Hangzhou Huangguan Liang, general manager, told reporters that the number of their customers have been relatively stable .
However, Huang Guanliang frankly, the steel restructuring policy or to a certain extent affected the dealer. Such as supply less than before, although the number of small, but the past or decreased.
"Fortunately we are getting goods from the factory, and then under a dealer or the site will find us to pick up." Said Huang Guanliang, two distributors of the buffer, so that they slightly to catch his breath.
Huangguan Liang said that one type of product price increases in the steel market will affect the changes in all types of products. Such as the steel of their company's main thread class, relative to the sheet multi-purpose for, the limitations of relatively large, but also with larger decreases in a class of steel. July and August is the off-season of the steel market, "golden nine silver and 10", Huangguan Liang pessimistically said that he has any hope of. "This year is", which is the pessimism of many steel trading business.
"In this form, we first of all to keep in stock the number of purchase, and then adjusted based on market prices, using the difference to minimize losses." This has also allowed Huang Guanliang hopes the country can introduce new policies to save the city.
"Small dealers of the decline of the steel market as a whole situation for direct services to the site is a big blow if there is a possible new policies or the speed of restructuring can speed up the entire market will be better." Huangguan Liang said .
Other News:
Steel enterprises facing life and death exams bailout voice of re-arming
Rio Tinto insists expansion betting that China needs to pick up
Demand-side variables coded building materials to pick up no?
The long and short interwoven steel market continues consolidation trend
Minmetals Development to be 1.3 billion to build a steel logistics park
＂Long plate will rise for a long time the shock will be on the＂ Steel City, wher
The NDRC month approved 200 projects force choke economic downturn
Steel prices two years, the lowest of the city is difficult to make money
