As the country suddenly stepped up its efforts to crack down on coking coal and coke speculation, the double-coke futures market ushered in a sharp drop today. In addition, the policy of ensuring supply and stabilizing prices continues to exert its strength, and it is believed that it will be transmitted to the spot market in the short term, prompting coal prices to return to the normal range. The return of coal price is also helpful to reduce steel cost, stabilize power supply, ensure steel output and negatively affect steel price. In addition, real estate data is released. From the results, the market growth rate continues to slow down, the demand shrinks, the market turns to wait and see, and the air force dominates. It is expected that the short-term steel price will fall steadily.
Present situation of iron and steel industry development
1. Number of enterprises in steel industry
The data shows that by the end of 2020 12, there will be 5 173 enterprises above designated size in China's steel industry, a decrease of 18 from the previous year. Among them, the number of loss-making enterprises in the steel industry reached 1.247 at the end of February 2020, a year-on-year decrease of 1.2. In addition, according to statistics, in 2020, the total loss of loss-making enterprises in the steel industry will reach 3 1.3 1 100 million yuan.
2. Income from steel industry
The data shows that in 2020, enterprises above designated size in the steel industry realized operating income of 7,277.69 billion yuan, a year-on-year increase of 5.2. 20 17-2020 Review of operating income of steel industry: In recent years, the operating income of China's steel industry has been relatively stable, with a slight decline in 20 18, and the cumulative growth rate has gradually picked up in 20 19-2020.
3. Profit statistics of iron and steel industry
Judging from the total profit of the industry, the total profit of the steel industry has shown a downward trend since 20 18, and the decline of the total profit of the steel industry has rebounded in 2020. The data shows that the total profit of the steel industry in 2020 is 246.46 billion yuan, down 7.5% year-on-year.
4. Profitability of steel industry
In recent years, the profitability of China's steel industry tends to be stable, with a small overall decline. In 2020, the gross profit margin of China steel industry will reach 7.8%, down 0.3 percentage points from the previous year, and the sales profit margin of the steel industry will reach 3.4%. 0.4 percentage points lower than the previous year.