Monday, January 13, 2014

Steel giant turnround thwarted by their own disadvantage

Tangshan development of steel industry, indeed has obtained certain result, contrast group, other companies its performance is better.Iron and steel industry insiders pointed out that in every unit of hebei iron and steel, tangshan, handan keep the profit,API 5L galvanized carbon steel pipe manufacturers hebei and xuanhua, ChengGang, such as a loss, among them, the tangshan is presided by yong early start of the steel industry, is an important reason for its own remain profitable.

And looking across the industry, iron and steel enterprises the main business of general performance is difficult.According to the China iron and steel association, in September 2013, the domestic large and medium-sized steel mills profit total is 3.266 billion yuan,Galvanized Carbon Steel Round Pipe thickness 6.02mm but "is mainly affected by investment gains", iron and steel business is losing money.
The China iron and steel association, vice President and secretary general zhang changfu, sigh with emotion that the January to November 2013, steel industry profits realized a total of 16.18 billion yuan, industry sales profit margin is only 0.48%;Among them main iron and steel industry have the profits of 5.8 billion yuan, but only one ton to every measure down to earn a pound of pork.

But for hebei iron and steel group,ASME B36.10M pe coating carbon steel tube the overall development of the steel industry, analysts to netease finance pointed out that exist "genetic defects" hebei iron and steel group, it is the integration of individual steel mills restructuring and become, branch steel mills, and each branch of steel product structure is different also, comparing baosteel, wuhan iron and steel enterprise development of steel industry, all branches of hebei iron and steel group steel if the steel industry, the sole investor money pressure is big, if the joint venture investment would need to pay attention to the integration effect.

No comments:

Post a Comment