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Operation of steel industry in the first quarter of 2020

May 13,2020      views

Editor: Lena

By novel coronavirus pneumonia, the steel industry suffered a great impact in the first quarter of 2020. The features are as follows:

First, the growth rate of production has declined significantly. In the first quarter, the added value of ferrous metal smelting and rolling processing industry increased year on year 0.5% , less than the same period last year Seven point four Percentage points. The national pig iron and crude steel are respectively one point nine nine 100 million tons two point three four 100 million tons, up respectively year on year 2.4% , 1.2% The growth rate is lower than that of the same period last year Six point nine , Eight point seven Percentage points; especially the steel production is two point six seven Billion tons, down year on year 1.6% , up from the same period last year 10.8% 。

Second, steel prices have declined significantly. In the first quarter, China's steel price index averaged one hundred and one point six nine Point, down year on year 5.7% In which: the average price index of long timber decreased 6.1% , average decrease of plate price index 5.6% 。

Third, the economic benefits have declined significantly. According to the statistics of China Iron and Steel Industry Association, in the first quarter, the operating revenue of key large and medium-sized iron and steel enterprises nine thousand and five hundred point nine two Billion yuan, down year on year 5.31% ; total realized profit one hundred and eighty-three point two two Billion yuan, down year on year 50.84% 。

The fourth, exports fell and imports grew. According to the statistics of the General Administration of customs, in the first quarter, the cumulative export of steel products one thousand four hundred and twenty-eight point six 10000 tons, down year on year 16% 。 Cumulative imported steel nine thousand and five hundred point nine two 10000 tons, year-on-year growth 9.7% 。

The fifth is the high price shock of iron ore. In the first quarter, the average value of China's iron ore price index (ciopi) was three hundred and twenty-seven point two Points, up 35 points year on year, up by 12% , down from last December Three point seven Point, decreasing by 1.1% 。

Sixth, investment in fixed assets decreased slightly. In the first quarter, the investment in fixed assets of ferrous metal smelting and calendering industry decreased 1.2% The same period last year 30.6% 。


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