Original title: China Steel Association: Imported iron ore prices hit a new high in nearly 9 years
yesterdayChina SteelindustryThe association held an information conference and stated that last yearSteelconsumptionInnovation high, focusstatisticsSteelenterpriseSalesThe revenue exceeds 4.7 trillion yuan,profitAchieve small growth.China Iron and Steel Association monitoring also shows that currentlyimportIron orepriceA new high in the past 9 years.
Last year, my country’s steel production remained stable and output continued to grow.according toNational Bureau of StatisticsAccording to the published data, my country’s crude steel output will be 1.053 billion tons in 2020.YoYAn increase of 5.2%; the output of pig iron was 888 million tons, an increase of 4.3% year-on-year; the output of steel was 1.325 billion tons, an increase of 7.7%.
“The downstream industries are recovering rapidly, and steel consumption has reached a new high.” According to the relevant person in charge of the China Iron and Steel Association, according to estimates, in 2020, my country’s actual steel consumption will increase by about 7% year-on-year.
steel industryBenefits have also continued to recover, and a small increase in profits has been achieved.According to preliminary statistics, key statistical steel companies in 2020Sales revenue4,703.3 billion yuan, a year-on-year increase of 10.86%; salescost4236.6 billion yuan, an increase of 11.57% year-on-year, and the cost increase was 0.71 percentage points higher than the revenue increase; the total profit was 207.4 billion yuan, an increase of 6.59% year-on-year.
At the same time, the cost pressure on steel companies will increase this year. According to the monitoring of China Iron and Steel Association, China’s iron ore price index is 62%. Imported ore prices will reach a maximum of 171.6 on January 18, 2021.USD/Ton, a new high in the past 9 years.
(Source: Beijing Daily)
(Editor in charge: DF506)
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