In October before the fire, the profit of Hebei st

2022-08-13
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In the first October, Hebei steel enterprises made a profit of more than 52 billion yuan, with the highest profit of nearly 900 yuan per ton of steel

from January to October 2017, Hebei private steel enterprises produced 116.4164 million tons of steel, an increase of 1.18% year-on-year, accounting for 70.64% of the province's steel output; Pig iron was 111.6309 million tons, with a year-on-year increase of 0.33%, accounting for 71.64% of the total pig iron in the province; 16.61909 million tons of steel, a year-on-year decrease of 0.28%, accounting for 78.26% of the total steel in the province

from January to October, the accumulated main business income was 893.337 billion yuan, with a year-on-year increase of 36.31%; The profit was 55.953 billion yuan, an increase of 128.67% year-on-year; The sales profit margin is 6.26%

II. Investigation on the performance of Hebei Iron and steel enterprises from January to October

according to the investigation and statistics of 85 iron and steel enterprises (including 75 private steel enterprises), 71 enterprises are in the state of profit, with a cumulative profit of 52.02 billion yuan; Five enterprises are in a state of loss, with a cumulative loss of 323 million yuan; There are 9 discontinued enterprises. The profit side, loss side and shutdown side were 84%, 6% and 10% respectively. The accumulated profits of 13 enterprises showed a downward trend compared with the same period last year; From January to September, there was no change in the profit side, loss side and shutdown side

III. track the top ten profitable private iron and steel enterprises in Hebei

(I) list of the top 10 private iron and steel enterprises in the province with accumulated profits from January to October 2017:

1. Jinxi group, 5.812 billion yuan; 2. Puyang 4.248 billion yuan; 3. Dedicated group 2.581 billion yuan; 4. Tangshan Guofeng 2.419 billion yuan; 5. Donghai special steel 2.143 billion yuan; 6. Tangshan Ruifeng 2.067 billion yuan; 7. Delong steel 1.819 billion yuan; 8. Tangshan ganglu 1.664 billion yuan; 9. Qian'an Yangang 1.663 billion yuan; 10. Anfeng iron and steel 1.614 billion yuan; 11. Cangzhou China Railway 1.545 billion yuan; 12. Hebei Xinjin 1.538 billion yuan; 13. Hongxing iron and steel 1.426 billion yuan; 14. Tianzhu group 1.4 billion yuan; 15. Songting iron and steel 1.301 billion yuan

(II) list of the top 10 private iron and steel enterprises in the province in terms of cumulative profit per ton of steel from January to October:

1, Songting 872 yuan; 2. Puyang 834 yuan; 3. Delong 774 yuan; 4. Hong Kong and mainland 625 yuan; 5. Jinxi group 588 yuan; 6. New gold 579 yuan; 7. Yangang 480 yuan; 8. Tianzhu group 471 yuan; 9. Ruifeng 405 yuan; 10. Guofeng 394 yuan; 11. Hongxing 364 yuan; 12. Donghai special steel 342 yuan; 13. Anfeng 337 yuan; 14. Dedicated group 285 yuan; 15. Jiujiang wire rod 249 yuan

IV. brief analysis of operation situation

at the national level, the economic operation situation from January to October is always taken as the node to summarize the whole year, predict next year, and then hold a national economic work conference. How to view the operation situation and trend of Hebei steel industry from January to October

(I) from the perspective of production and operation situation, from January to October, Hebei Private Iron and steel enterprises still maintained a 1.18% increase in crude steel production and a 0.33% increase in pig iron production under the circumstances of the province's capacity reduction and environmental protection, indicating that the iron and steel industry achieved a stable and positive development trend in 2017 on the basis of hitting the bottom in 2015 and rebounding out of the trough in 2016. The crude steel output from January to October increased by 1.95% month on month and decreased by 0.77 percentage points compared with that from January to September. The reason is directly related to the impact of large-scale production restriction in October; It is noteworthy that the cumulative steel output from January to October showed a downward trend, with a year-on-year decrease of 0.28%. The main reasons for the decline are directly related to the removal of production capacity and the ban on "ground bar steel". The main areas of steel decline in Hebei Province in October are Handan -16.18%, Baoding -33.72%, Zhangjiakou -25.71%, Cangzhou -33.71%, Langfang -49.16%, Shijiazhuang -11.30%, Chengde -7.41%

(II) from the perspective of operation situation, the main business income of Hebei Private Iron and steel enterprises still maintained a high growth trend from January to October, with an increase of 36.31%; The profit increased by 128.67% year-on-year; The profitability of production enterprises reached 93%, expanding by 6% over the same period last year; The loss of enterprises reached 7%, a decrease of 6% over the same period last year. This shows that since this year, the economic benefits of most iron and steel enterprises have continued to improve, and some iron and steel enterprises that have suffered long-term losses for various reasons have also turned losses into profits; The continuous improvement of the benefits of iron and steel enterprises also shows that the macro-economy has shown a good operating trend. The rapid growth of infrastructure construction investment and the recovery of industrial output growth have ensured that the total steel consumption has increased steadily and that the steel price has been at a good level since this year; At the same time, it also shows that the supply side structural reform of the steel industry has achieved remarkable results; Of course, it is also closely related to the strengthening of management, cost reduction and efficiency increase, quality improvement and efficiency increase in most iron and steel enterprises

from January to October, the sales profit margin of private iron and steel enterprises in Hebei was 6.26%, 2.58 percentage points higher than 3.68% in the same period last year; From January to September, it increased by 0.16 percentage points from 6.1%; It is 1.85 percentage points higher than the sales profit margin of 4.41% of national key iron and steel enterprises from January to October. The increase in sales profit margin indicates that the current steel price is at a good level. When the sales profit margin of Hebei Iron and steel industry from January to September was 5.19% (6.1% for private iron and steel enterprises in Hebei), the sales profit margin of ferrous metal smelting and rolling processing industry in the country was 4.51% in the same period, while the sales profit margin of metal products industry in the same period was 5.09%, the sales profit margin of general equipment manufacturing industry was 6.36%, the sales profit margin of special equipment manufacturing industry was 6.3%, and the sales profit margin of automobile manufacturing industry was 8.06%. The comparison of these data fully shows that the current profitability of the steel industry is only a reasonable level during the regression period, not the best level

(III) the profit environment and profit model of the steel industry are undergoing benign changes. From the analysis of the continuous profitability of private iron and steel enterprises in Hebei in recent years, first, it benefits from the good movement trend of domestic macro-economy, which provides a good environment for the effective operation of iron and steel enterprises; Second, resolve the excess steel production capacity and completely ban the "ground bar steel", so that the capacity utilization rate of steel enterprises basically returns to a reasonable range; Third, the steel price can be maintained at a good level on the whole, and the price trend of iron ore can keep pace with the price trend of steel (6) packaging materials after Zui and maintain a reasonable price difference; Fourth, strict environmental protection management, seasonal production restriction and peak shift production, temporary shutdown in severe weather and production restriction measures in the "2+26" urban heating season have basically formed normalization, forcing steel enterprises to adapt to it, seek and change the conventional profit model, including our body style, from paying attention to reducing the cost of iron in the past to increasing the output and profit of steel-making by eating scrap, large-scale blast furnaces, electric converters, diversification of varieties Improving product quality, greening enterprises, intelligentizing industrial information, diversifying incentive mechanisms, and actively promoting enterprise transformation and upgrading have become new choices for the profit model of iron and steel enterprises

trend forecast

on December 8, the economic work conference of the Political Bureau of the CPC Central Committee determined the general tone of economic work in 2018, and made it clear that promoting high-quality development is the fundamental requirement of economic work at present and in the future. It can be predicted that next year will be the first year to implement the spirit of the 19th National Congress of the CPC Central Committee and the key year for the implementation of the 13th five year plan. The domestic macro-economy will still maintain a good operating situation and provide strong support for the stable operation of the steel industry; As the economic situation at home and abroad eases and the demand for recovery of downstream industries increases, the supply of steel production needs to be eliminated in time and attention should be paid to the re-entry of sealed air to reduce noise, which will be in a basically reasonable range; The steel market may fluctuate at a high level, but the overall profitability of the steel industry will further improve; With the implementation and promotion of the spirit of the 19th CPC National Congress, as well as the continuous improvement of the global steel market and the strengthening of the cyclical economic recovery, the development of China's steel industry will enter a new period of strategic opportunities

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