Abstract: As of the end of the first quarter of 2011, finished iron and steel industry was 211.5 billion yuan of funds used, an increase of 24.6%, the growth rate accelerated 6.1 percentage points sequentially. Sales profit rate of the steel industry from the previous quarter 2.8% to 2.4% in the quarter, well below the 6.0% of the national industrial sales profit margin, still the lowest in the country's industrial area.
Play a role on the industry Web site to promote the industry information to inform the work.
Industry, the overall smooth running.
This year,color film the overall operation of the steel industry is relatively stable. Plastic mold and metal, according to international industry leader Luo Baihui Suppliers Association introduced the overall level of investment in China remains high and the gradual improvement in the world economy and other factors, the rapid release of iron and steel production,pvc shower curtain product prices continued to rise, exports have recovered At the same time the situation has improved cash flow. At the same time, subject to market supply and demand of iron ore prices and other factors, the steel industry has been squeezed profit margins, steelmakers losses and loss have risen, iron and steel enterprises in investment and employment cautious.
China's steel industry prosperity index in the first quarter of 2011 was 100.3 points, slight decline of 0.5 points from the previous quarter; pvc plastic film in the early warning indicators for the steel industry by 96.7 points from the previous quarter rose 3.4 points to the "green zone" closer to the center line, expected to close the second quarter of 2011 continued the trend of moderate growth, demand for steel products, structural contradictions remain. Accordingly Luo Baihui that the current iron and steel industry faces both opportunities and challenges. On the one hand, the steel industry as an important basic industry in China to promote industrialization and urbanization is still great opportunities for development. This year, our economy in good shape overall, the main steel industries such as construction, machinery, transportation, home appliances, shipbuilding and other downstream manufacturing sector continued to grow for the steel industry provides a market space, has improved the confidence of business development. On the other hand, in the "second five" work to promote economic restructuring, the domestic economic restructuring and accelerated intensity of steel consumption to fall. Since the bulk of the original price of fuel continues to rise, the cost of steel production continues to increase, profitability of the business is facing a severe test.
Industry has significantly stabilized.
Economy: in the first quarter of 2011 by the steel industry prosperity index was 100.3 points (the level of growth in 2000 = 100), decreased slightly by 0.5 points from the previous quarter. The sentiment index in the trend of the steel industry is still in slight fluctuations in the.
The composition of the steel industry in the climate index by 6 indicators (excluding seasonal factors only retain random factors), the steel industry has increased the total taxes, sales revenue, exports, total profits, total investment in fixed assets, number of employees and other indicators of growth have different degrees of decline. Further eliminate random factors, the steel industry in the climate index by 100.2 points, down 0.9 points from the previous quarter, and slightly less than the random factors is not eliminated climate index, which indicates that affordable housing and high-speed railway construction and other efforts to increase investment After this quarter to stabilize the steel industry sentiment index has played a positive role in driving.
Warning: the first quarter of 2011, early warning indicators in the steel industry by 96.7 points, up 3.4 points sequentially, to the "green zone" closer to the center line. This indicates that the policy guidance and markets Forced mechanism under the action of the steel industry to actively adapt to market changes, increase adjustment, exploring the development of realistic path, showing a trend of gradually stabilized, and there are still some warmer space.
Light: the first quarter of 2011, by the steel industry in the form of early warning indicators of the 10 indicators (excluding seasonal factors only retain random factors), located in the "yellow zone" are an indicator - the factory steel industry producers price index; in the "green zone" has seven indicators - exports of steel, iron and steel industry, sales revenue, total taxes the steel industry, steel industry profits composite index, the number of employees in the steel industry, steel industry, trade receivables (reversal ) and finished iron and steel industry funds used (reversed); in the "blue light district" has two indicators - crude steel production and iron and steel industry, the total investment in fixed assets.
Sales rebound in demand.
Production: low rebound.
This quarter, fixed asset investment in China continue to maintain high growth, driven by strong steel demand is more, the steel industry sales rebound. Preliminary seasonally adjusted first quarter 2011 production was 196,957,000 tons of crude steel, up 11.0% year on year growth rate accelerated 9.0 percentage points from the previous quarter; chain increased 30.0% last quarter were down 3.4%.
Sales: growth accelerated.
The first quarter of 2011, China's steel industry, sales revenue of 1.62972 trillion yuan, an increase of 26.0%, 12.4 percentage points to speed up the growth rate from the previous quarter; chain increased by 14.7%, 14.1 percentage points to speed up the growth rate from the previous quarter.
Inventory: Growth accelerated.
The first quarter of 2011, after the Spring Festival started stocking a large area needs, the complement of inventory before the holiday shown clear trends; In addition, this year is the "second five" first year, steel demand is expected to further enhance, in the iron and steel enterprises steel prices continue rising expectations, driven by growth in the steel industry, the trend of finished goods inventory has been sustained.
As of the end of the first quarter of 2011, finished iron and steel industry was 211.5 billion yuan of funds used, an increase of 24.6%, the growth rate accelerated 6.1 percentage points sequentially.
Export: to pick up.
Accelerated as the U.S. economic recovery Jiancheng signs of rising international steel prices, domestic steel spreads to widen, increasing the attractiveness of China's steel export market. Preliminary seasonally adjusted first quarter of 2011, steel exports was 102.5 billion U.S. dollars, an increase of 36.8%, year on year growth accelerated by 1.6 percentage points from the previous quarter, growth slowed from the previous quarter, turned again to speed up; chain increase of 20.5% last quarter were down 25.7%.
However, in recent domestic steel prices began to gradually rise, and spreads at home and abroad are already in the case of near record highs, exports of iron and steel industry continues to grow relative to the space may be more limited.
Prices: going up.
On the one hand the demand for steel have strong support, on the other hand, the upstream steel industry, the cost is still high, the low profitability of the steel industry, the decline in steel prices the state constraints. In the above factors, the first quarter of 2011, the steel industry producer prices rose 17.7%, or 6.3 percentage points increase from the previous quarter, prices continued upward momentum.
Profitability: to be improved.
During the quarter, although the upward trend of steel prices will remain, but the iron ore import volume and price go, China's steel industry, profit margins narrowed. Preliminary seasonally adjusted first quarter 2011 profits of steel industry amounted to 39.84 billion yuan, up 25.3% year on year growth rate accelerated from the previous quarter was 15.4 percent; chain rose 1.6% over the growth rate dropped sharply from the previous quarter 69.9 percentage points.
Sales profit rate of the steel industry from the previous quarter 2.8% to 2.4% in the quarter, well below the 6.0% of the national industrial sales profit margin, still the lowest in the country's industrial area.
Loss: increased significantly.
Decline in profitability of steel companies making losses and loss increase over the previous quarter. Preliminary seasonally adjusted first quarter of 2011, the steel industry enterprises suffered losses amounted to 7.36 billion, from the previous quarter increased 23.0 billion; loss of 17.9% from the previous quarter, rising 20.9% this quarter, and significantly higher than all industries 15.9% of the loss level.