I found some information. I hope you can help. In 2009, the State Council adopted the revitalization plan of automobile and steel industry in principle, and the industrial revitalization plan formulated by the State Council in early 2009 gave all steel workers encouragement and confidence. To speed up the adjustment and revitalization of the iron and steel industry, we must focus on controlling the total amount, eliminating backwardness, joint reorganization, technological transformation and optimizing layout, and promote the iron and steel industry from large to strong. Protectionism rises, and the United States and Europe attack China's steel industry again. In 2009, China's iron and steel industry was subjected to anti-dumping and countervailing investigations in succession around the world, and the huge anti-dumping and countervailing caused headaches for major domestic steel mills. In fact, among all industries in the United States, the steel industry has filed the most anti-dumping lawsuits against foreign products. The listing of steel futures (4459, 17.00, 0.38%) led the spot price to rise. On March 27th, China officially launched steel futures. Futures price and spot price have common influence and function, and the relationship between them is getting closer and closer. The correlation analysis of rebar futures price and spot market price in Shanghai as of165438+1October 30th shows that the correlation coefficient between them is as high as 0.87. Rio Tinto case reveals civil strife in steel industry. Rio Tinto is one of the three major international mining companies. On July 5th, four people, including Hu Shitai, the chief representative of Rio Tinto's Shanghai office, were criminally detained by the state security organs of China on suspicion of spying for overseas and stealing China's state secrets. On July 24, Jianlong Iron and Steel plans to hold 66% equity of Jilin Tonggang Group, which was resisted by workers. Chen Guojun, general manager of Tonghua Iron and Steel Group, was beaten to death by workers. After the bloody case in Tonggang, the working group of Jilin provincial government agreed to terminate the implementation of Jianlong Group's capital increase and share expansion plan. China enterprises do not accept the "starting price" of iron ore in 2009. Iron ore imported by China iron and steel enterprises accounts for nearly 30% of the total global imports. The world's three giants have previously released wind, demanding that iron ore prices rise by 30% ~ 35%. China Iron and Steel Industry Association said that the supply of iron ore in China will exceed the demand in the coming year, and introduced the "China model" to adapt to the business habits of China enterprises. China Steel Plant will continue to negotiate with miners in the next step, and strive to obtain the negotiation results consistent with expectations. However, it is hard to say how the actual progress is. The Ministry of Industry and Information Technology released the mechanism of eliminating backwardness in the steel industry. On February 9, 65438, the Ministry of Industry and Information Technology issued "Access Conditions and Management Measures for Production and Operation of Existing Iron and Steel Enterprises (Draft for Comment)". Among them, the access conditions of "crude steel output of general iron and steel enterprises in 2008 is 6.5438+0 million tons and above, and that of special steel enterprises is 500,000 tons and above" have attracted much attention. The insiders believe that this will cause great changes in the entire steel industry, and a large number of steel enterprises will be eliminated one after another. According to industry estimates, there are about 6.5438+0 million tons of domestic production capacity that does not meet this requirement. Iron and steel enterprises with production capacity below 6.5438+0 million tons account for about 2/3, and the production capacity accounts for about 654.38+0/5 of China's total production capacity. The supply pattern of iron ore has changed, and the disadvantage of China negotiation has intensified. The merger of two Rio Tinto (BHP Billiton and Rio Tinto) and the newly established joint venture company may replace Vale, which ranks first in the world at present, change the current international iron ore market structure, and further aggravate the disadvantage of China's iron ore negotiations. Analyze data from whole to individual, from year-on-year to quarter-on-quarter, from absolute to relative; "quantity, price and deposit" look back at the past, "looking downstream and looking forward to exports" look forward to the future; Multi-angle demonstration of the current investment opportunities of steel stocks. Key points of investment: In the first three quarters of 2009, 48 steel listed companies realized a total operating income of 776,654.38 billion yuan, down 29.43% year-on-year; The net profit attributable to the parent company was 4.23 billion yuan, a year-on-year decrease of 92.34%, and the comprehensive gross profit margin decreased by 5.78 percentage points year-on-year to 6.77%. In the third quarter, the operating income was 296.3 billion yuan, up 16.53% from the previous quarter. The net profit attributable to the parent company was 65,438+065,438+044 million yuan, turning losses into profits from the previous month, and the comprehensive gross profit margin increased by 4.565,438+0 percentage points from the previous month to 65,438+00.58%. There are 34 companies with profits and 4 companies with losses/kloc-0, and the performance is quite different. In the first three quarters, 34 profit-making companies realized a total net profit of 8.852 billion yuan, and 14 loss-making companies suffered a total loss of 4.622 billion yuan, showing obvious differentiation in operating performance. Baoshan iron & steel, Wuhan Iron and Steel Co., Ltd. and Xinxing Cast Pipe ranked the top three in profit, while Panzhihua Steel Vanadium, Benxi Steel and Jigang Co., Ltd. ranked the top three in loss. The operating indicators of 35 key companies have their own characteristics. Among the 35 key tracking companies: (1) Xinxing Cast Pipe and Stellar Technology realized positive year-on-year growth in revenue and gross profit1-3q; (2) Gross profit margin of11%steel enterprises increased year-on-year, with Daye Special Steel and Fushun Special Steel among the top gainers; The gross profit margin of 83% steel enterprises increased from the previous month; (3) The inventory turnover rate of 77% steel enterprises increased month-on-month, with Laigang, Hangzhou Steel and Xinxing Cast Pipe among the top gainers; (4)83% of steel enterprises increased their inventories in the third quarter, with Minmetals Development, Chengde Vanadium and Titanium and Jiugang Hongxing among the top gainers; The top losers are Tangshan Iron and Steel, Handan Iron and Steel and Nangang. (5)74% of steel enterprises realized the net cash inflow from operating activities. 54% of steel enterprises realized net cash inflow from operating activities in the third quarter, with Maanshan Iron and Steel Co., Ltd., Tangshan Iron and Steel Co., Ltd. and Anshan Iron and Steel Co., Ltd. outstanding. "Infrastructure and automobiles remain strong, and real estate investment continues to improve" will support steel prices to regain their upward trend. Output and inventory hit record highs, steel prices soared and plummeted, and exports rebounded slightly in the downturn, which basically summarized the development of domestic steel industry in the first three quarters. What needs to be focused on is the subdivision of product demand and the great differentiation of output. For the future prospects of the industry, we are most concerned about the growth of steel demand. In view of the boom in fixed assets investment, real estate sales and automobile production and sales from June 5438 to September, we are optimistic about the steel demand in the later period. Main concerns: (1) The steel demand driven by infrastructure investment is expected to be maintained; (2) The sustained recovery of real estate investment will be the main driving force for the growth of steel demand in the later period; (3) The consumption of automobile steel is expected to maintain and increase; (4) The recovery of machinery and other steel industries is expected to bring new steel demand; (5) The export situation may improve to some extent, but we should not be overly optimistic. In view of the above predictions and expectations, we believe that the growth of steel demand in the medium and long term is a high probability event, and steel prices will rebound moderately in the later period.