The increased price of domestic steel was lower than the international market in the first season

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The increased price of domestic steel was lower than the international market in the first season


On the afternoon of April 27, China Iron and Steel Industry Association held an information conference in Beijing. Quxiuli, vice president and secretary general, introduced the operation of China's steel industry in the first quarter, showing the characteristics of production demand, export growth, steel price rising and benefit improvement.

The export of the two prosperous industries and demand is growing in a recovery way

In the first quarter, steel production was generally stable and production remained growing, Qu said. According to the data released by the State Bureau of statistics, in the first quarter of this year, China's crude steel output was 271 million tons, an increase of 15.6% year-on-year, 17.3% higher than the first quarter of 2019, an average growth of 8.3% in two years, a slight decrease of 0.03% compared with the quarter quarter last year.

From the perspective of consumption, according to the iron and Steel Association, the actual steel consumption of the main steel industry in the first quarter increased by 47% year-on-year, of which, the construction industry increased by 49%, and the manufacturing industry increased by 44%; The apparent consumption of crude steel in China is 258.96 million tons, an increase of 15.3% year-on-year.

With the recovery of the world economy, the demand of foreign steel has gradually improved, and China's steel exports have also recovered obviously. According to the data released by the General Administration of customs, in the first quarter, the country exported 17682000 tons of steel, an increase of 23.8% year on year.

The upward rise of steel price is significantly lower than that of foreign countries

According to the monitoring of Steel Association, the domestic market steel prices kept rising in the first quarter. By the end of March, China's steel price index (CSPI) rose to 136.28, up 9.44 percent from the beginning of the year, up 37.37 percent year on year. Since this year, domestic steel prices have continued to rise, driven by demand on the one hand, and driven by the sharp rise in imported iron ore prices, as well as the recovery of international markets and the general rise in commodity prices. According to the CRU data of international consulting agency, in March, the international steel price index was 246.0 points, up 28.9% from the beginning of the year, and 58.9% year on year. The data comparison shows that the price of steel in the international market is significantly higher than that of domestic.

Benefit improvement environmental protection index continuously improved

According to the statistics of Steel Association, in the first quarter, the operating income of member steel enterprises was 1541.7 billion yuan, an increase of 52.28% year on year; The profit and tax reached 100.4 billion yuan, an increase of 159.94% year on year; The total profit was 73.4 billion yuan, an increase of 247.44% year on year; The profit margin of sales was 4.76%, up 2.67% year on year; The loss was 13.64%, down 13.63 percentage points year on year.

But Qu also pointed out that the economic benefits of steel enterprises increased significantly in the first quarter, which was related to the lower base in the same period last year.

On the other hand, with the promotion of green transformation, steel enterprises in the first quarter continuously increased their environmental protection investment, implemented large-scale ultra-low emission transformation, promoted and applied a series of advanced energy conservation and emission reduction technologies, and the level of energy conservation and environmental protection continued to improve. According to the statistics of the iron and Steel Association, the comprehensive energy consumption per ton of steel of member steel enterprises is 540.11kg standard coal / ton, down 4.35% year on year; The new water consumption per ton of steel decreased by 4.61% year on year; The chemical oxygen demand decreased 9.35% year on year; The emission of sulfur dioxide decreased by 14.89% year on year; The utilization rate of steel slag increased by 0.39% year on year.


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