Steel prices in the first half profit growth of the second half of the demand side is difficu-dataload

Steel prices in the first half profit considerable growth in   the second half of the demand side to increase finance — — after 5 years of production, big black lines of iron and steel industry membership finally bid farewell to the years of losses, to achieve profitability. The day before, dozens of iron and steel enterprises semi annual report released in 2016, showed that there were significant improvements in profitability. Among them, Baosteel and even net profit of up to 3 billion 468 million yuan, an increase of 9.26%, to achieve a leap. But it is worth noting that, although the steel demand side has stabilized this year, but the long-term downward trend has not changed, the long-term overcapacity risks remain. This also means to resolve the overcapacity, industry consolidation will be Chinese steel industry needs to overcome difficulties in a longer period of time subject. Pick up the first half profit doubled million in the information data show that SW classification under the steel plate of 35 steel enterprises total revenue of 466 billion 117 million yuan, compared with the same period in 2015 declined, but the profit of up to 4 billion 279 million yuan, while the same period last year was a loss of 4 billion 94 million yuan. Specifically, these 35 companies have 28 profitable, profitable steel enterprises accounted for 80%, an increase of 28.57%. In addition, 35 listed companies have a total of 10 companies to achieve profitability, accounting for the same period last year, the total number of losses of the company’s total of 59%. Among them, Baosteel achieved operating income of 77 billion 993 million yuan, down by 3.44%, but attributable to shareholders of listed companies net profit of $3 billion 468 million, an increase of 9.26%. Among them, Baosteel Iron and steel manufacturing sector gross margin was 17.7%, an increase of 5.4 percentage points. Shandong iron and steel although not much profit, net profit of 23 million 151 thousand and 300 yuan, compared with the same period last year increased by 210.57%. As can be seen, after 3 years to adjust the structure of production capacity, iron boss finally see the dawn. Ma Guoqiang, President of the China Iron and Steel Association, said that since 2012, the domestic market price of steel fell all the way, fell for more than 4 years. December 2015, the steel composite price index fell to 54.48 points, the lowest level since the record index, down by more than the end of 34.43% in. This year, steel prices rebounded. By the end of 4, the steel composite price index rose to 84.66 points, the steel price index for the first time in recent years over the same period last year. Steel stocks fell sharply on steel prices have played a supporting role. June, 20 cities in the world’s largest varieties of steel stocks 8 million 130 thousand tons, down 2 million 60 thousand tons, a decline of 21%, inventory of the top 5 varieties were lower than the same period last year. According to the iron and Steel Association statistics, the end of 6 iron and steel enterprises steel stocks of 13 million 380 thousand tons, down by 4 million 370 thousand tons, a decline of 24.63%. In the first half of this year, the sharp fluctuations in steel prices, the gradual improvement of local supply and the market is expected to improve the main reason for the futures market, the relevant steel varieties contract prices also fluctuate significantly. Rising steel prices improve the business situation, ease the difficulties of the industry, but the sharp fluctuations in the production and operation of the smooth operation of the great相关的主题文章: