Steel industry’s efficiency hit a record high

The reporter learned from the Ministry of Industry and Information Technology on the 18th: Last year, China’s steel industry continued to promote structural reforms on the supply side, the industrial structure was continuously optimized, the market order was significantly improved, and the economic benefits of the whole industry reached the best level in history.

In terms of production, last year China’s production of pig iron, crude steel and steel (including recycled materials) were 771 million tons, 928 million tons and 1.106 billion tons, respectively, an increase of 3.0%, 6.6% and 8.5% year-on-year, of which crude steel production history The new high, last year’s domestic crude steel apparent consumption of 870 million tons, an increase of 14.8%, domestic self-sufficiency rate of more than 98%.

From the price point of view, due to the supply side structure adjustment, environmental supervision, market demand and other factors, last year, China’s steel prices are running at a high level, the steel comprehensive price index averaged 115.8 points, an increase of 7.6%, and the industry’s efficiency reached the historical best level. . Last year, China’s steel industry realized a profit of 470.4 billion yuan, a year-on-year increase of 39.3%. (Reporter Wang Zheng, Han Xin)

Post time: Feb-19-2019
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