"Steel plate basically don't earn money"

Be worth what carry is, from more than 5 million tons of iron and steel enterprise profits of different business sectors, the steel plate basically don't earn money.
Wang Yingsheng said,Double-sided submerged arc welding steel pipe from the fourth quarter of 2011 to now, the steel plate are losing money, although there are dozens of billions of profits, but the basic steel from the mines, steel mills of the financial industry, the steel industry to obtain profit.

Cisa figures, in 2011, more than 5 million tons of iron and steel enterprise profit is 70.259 billion yuan, profit is 30.433 billion yuan, in which steel is mainly mining company profit of 15.265 billion yuan, the financial enterprise is 2.932 billion yuan,180 degree short radius elbow manufacturer the steel industry in 21.629 billion yuan.Fell by 2012, total profit to 4.177 billion yuan, of which iron and steel main business profit total RMB - 26.795 billion, mining companies, financial companies, the steel industry's profits, 8.232 billion yuan, 3.685 billion yuan and 3.685 billion yuan respectively.

In the second quarter of this year, more than 5 million tons of iron and steel enterprise profit is 143 million yuan, among them, the steel main business profit total RMB - 3.007 billion,seamless steel pipe astm a106 gr b mining companies, financial companies, the steel industry's profits, 1.39 billion yuan, 1.101 billion yuan and 1.101 billion yuan respectively.In the short term, he said, the steel industry will enter the transformation and upgrading, stage of backward production capacity, market competition is more intense, iron and steel enterprises will be through this round of competition, can the rest could survive, namely "leftover is king".

He also said that the current market has entered into the phase of excess production capacity, there are still a lot of capacity under construction or will soon be put into production. The overall demand is still considerable, but hard to improve significantly. Steel market will continue to supply contradiction, therefore,Ansi b16.9 end caps for oil and gas pipe the price also have rebounded sharply. And upstream concentration is high in mines, iron ore prices rise to fall, iron and steel industry is difficult to change.

Wang Yingsheng argues that, in the long run, 2013-2023, if will our country's urbanization rate increased from 52.5% to 52.5%, the Midwest to catch up with the east, China's economic development will also need a large number of steel support, therefore, crude steel production in the next 10 years will continue to improve.

In addition, he said, the recent real estate market to enter the best construction seasons, guaranteed by the economy and urbanization, construction areas, turn shantytowns into new housing areas, new land circulation policy factors, such as demand growth is expected to pull the long material, late to market. He also said that the recent new order intake increased significantly, the shipbuilding industry is expected to increase later steel demand. With a long cycle, however, its demand release, and the low order may be further compressed shipbuilding plate margins.