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Steel Industry Overview On January 19
Date:2016-01-18      View(s):2112      Tag:steel industry in China, domestic demand for steel pipes, steel pipe raw material price

In December 2015, the national crude steel output was 2.076 million tons a day, fell 1.6%, crude steel production in December of 64.37 million tons, fell 5.2% year on year; 1 - December 803.83 million tons of crude steel production in China, fell 2.3% year on year. In December 53.33 million tons of pig iron production, fell 7.1% year on year; 1 - December 691.41 million tons of pig iron production in our country, fell 3.5% year on year. 95.28 million tons of steel production in China in December, fell 3.4% year on year; 1 - December China's steel output of 1.1235 billion tons, up 0.6% from a year earlier. Coal, iron and steel industry is expected to lead the largest m&a tide this year: January 15 to 16, the central enterprises, the local head of the meeting was held in Beijing. The meeting has been clear stated about the seven tasks, in 2016, respectively, is to improve the development quality and efficiency of state-owned enterprises, actively disposal "zombie" companies, deepen the reform of the state-owned assets and promote the reform of state-owned assets supervision and administration commission itself, carry out the public entrepreneurship, innovation, to promote international operation, strengthen supervision to prevent loss of state-owned assets, and strengthen the construction of state-owned enterprises. Shagang profits is 1.9 billion in 2015 and 31.64 million tons of iron in steel group, the year were done 34.59 million tons, 33.88 million tons of rolled products, annual sales income 205.8 billion yuan, profit tax is 4.7 billion yuan, the export of steel 6.73 million tons, foreign exchange earning $2.5 billion, growth of 56% and 8.7% year-on-year respectively .

Today, the domestic steel market rose after the adjustment. The construction steel prices pull up individual; Hot rolled coil plate market continued to rise. Manufacture volume market prices weakening operation; Medium thickness plate market prices rebound continue; Plating range-bound market price; Strip steel prices fall and now; Hanguan prices weak; Seamless pipe market prices firm; Material market price stability in the weak.

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