China News Service, Beijing, January 10 (Reporter Ruan Yulin) Gao Xiangming, vice president of China Iron and Steel Association (hereinafter referred to as China Iron and Steel Association), pointed out at the third meeting of the sixth general meeting of China Iron and Steel Association on the 10th that the first 11 In January, China Iron and Steel Association member companies realized a total profit of 351.7 billion yuan (RMB, the same below), a year-on-year increase of 86.46%.
China's steel industry has made great efforts to overcome the difficulty of operating at a high price of raw materials and fuels, and the industry's benefits have reached the best level in history.
In 2021, the overall performance of China's steel industry is good. Data shows that in the first 11 months of 2021, China's steel production is 946 million tons, a year-on-year decrease of 2.6%, equivalent to 908 million tons of apparent steel consumption, a year-on-year decrease of 5.2%.
China's steel production in 2021 is expected to be 1.03 billion tons.
Gao Xiangming said that from the perspective of business performance, China's steel industry has made great efforts to overcome the difficulties of operating at a high price of raw materials and fuels by tapping potentials and increasing efficiency, and the industry's benefits have reached the best level in history.
In 2021, the price of China's imported iron ore will fluctuate greatly, rising to a maximum of US$233.1 per ton. The average import price of the customs in the first 11 months will reach US$169.9 per ton, a year-on-year increase of 64.5%. a substantial increase.
Gao Xiangming pointed out that due to the impact of cost and demand, the steel market price rose first and then declined. The average value of China's steel price index in the first 11 months of 2021 was 142.96 points, a year-on-year increase of 37.67%.
The member enterprises of China Iron and Steel Association actively tap the potential to reduce costs, improve quality and efficiency. In the first 11 months of 2021, the operating income is 6,336.2 billion yuan, a year-on-year increase of 36.25%; the total profit is 351.7 billion yuan, a year-on-year increase of 86.46%, the best in history. level.
However, in November 2021, the total profit realized in the current period was 9.2 billion yuan, a month-on-month decrease of 64.03%.
Gao Xiangming said that this year, China's steel industry will continue to deepen the development of "benchmarking and tapping potential", continue to promote the activities of benchmarking world-class enterprises, and promote cost reduction and efficiency improvement.
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