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Huixinlong refractory: operation of steel industry in 2019

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Zhengzhou huixinlong refractory
Release time:
2020/03/30 11:22
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In 2019, the iron and steel industry will continue to push forward the supply side structural reform, consolidate the achievements of capacity reduction, accelerate structural adjustment, transformation and upgrading, promote the high-quality development of the whole industry, and the industry will operate steadily on the whole.
1、 Crude steel production hit a new record. In 2019, the output of pig iron, crude steel and steel in China was 809 million tons, 996 million tons and 1250 million tons respectively, up 5.3%, 8.3% and 9.8% year-on-year, and the output of crude steel reached a new record. In 2019, the market demand of the steel industry is good, the downstream industries such as infrastructure construction and real estate operate stably, and the apparent consumption of domestic crude steel is about 940 million tons, up 8% year on year.
2、 Steel imports and exports both decline. According to the data of the General Administration of customs, from January to December 2019, China's cumulative export of steel was 64.293 million tons, down 7.3% year on year; the cumulative export amount was 53.76 billion US dollars, down 11.3% year on year. The total amount of imported steel is 12.304 million tons, down 6.5% year on year; the total amount of imported steel is 14.11 billion US dollars, down 14.1% year on year.
3、 Steel prices fluctuate in a narrow range. In 2019, the steel price is generally stable, showing a narrow fluctuation trend. At the beginning of May, it reached a peak of 113.1 points, while at the end of October, the shock dropped to a lower 104.3 points. The average value of China's steel price index for the whole year was 107.98 points, down 6.77 points, or 5.9% year on year.
4、 The price of imported iron ore rose sharply. According to the data of the General Administration of customs, in 2019, China imported 1.07 billion tons of iron ore, a year-on-year increase of 0.5%, the import amount of 101.46 billion US dollars, a year-on-year increase of 26.64 billion US dollars, a year-on-year increase of 33.6%, and the annual average price of 94.8 US dollars / ton, a year-on-year increase of 34.3%. Compared with last year, while the total import volume remained stable, the import price rose sharply, which had a great impact on the profit of the downstream steel manufacturing industry.
5、 The economic benefits have declined sharply. Due to the accelerated growth of iron and steel production, the downward trend of steel price fluctuated in a narrow range, and the rising price of raw and combustion materials such as iron ore, the economic benefits of iron and steel enterprises fell sharply. In 2019, the iron and steel enterprises of the members of China Iron and Steel Industry Association achieved sales revenue of 4.27 trillion yuan, a year-on-year increase of 10.1%; realized profits of 188.994 billion yuan, a year-on-year decrease of 30.9%; and accumulated sales profit rate of 4.43%, a year-on-year decrease of 2.63 percentage points.
2020 is the end of the 13th five year plan. The development of iron and steel is facing a complex and changeable situation. In accordance with the requirements of the central economic working conference, the whole industry will adhere to the supply side structural reform as the main line, consolidate the efficiency of steel capacity reduction, improve the green and intelligent level of the steel industry, improve quality and efficiency, and promote the high-quality development of the steel industry.