“After entering the 12th Five-Year Plan, the growth rate of China's steel industry will slow down and the growth rate will remain in single digits. From the perspective of the overall steel situation, the steel industry has entered a stage of high output and low profit.†Recently, Li Xinchuang, executive deputy secretary-general of the China Iron and Steel Association (hereinafter referred to as "China Steel Association"), clearly pointed out at the press conference of my steel network summer report. China's steel industry has maintained rapid development during the ninth five-year plan until the 11th Five-Year Plan period, with an average annual growth rate of over 20%. Li Xinchuang pointed out that in the “Eleventh Five-Year Plan†period, except for the impact of the 2008 economic crisis, which was almost the same as that of the previous year, China’s steel output in 2006, 2007 and 2009 increased by 18.7%, 16.7% and 12.64% respectively, and the growth rate gradually declined. In 2010, the growth rate of the steel industry was 9.26%, which fell to single digits. According to the latest statistics of China Steel Association, in the first five months of this year, 80 large and medium-sized steel enterprises under the China Steel Association profited 42.8 billion yuan, and the profit margin of product sales was only 2.91%, down 0.67% from the same period of last year. It fell by 2% over the same period. Total profit and sales profit margin both fell year on year. Previously, the China Iron and Steel Association website released analysis said that from January to April 2011, the national steel industry achieved sales income of 1,154.8 billion yuan, profit of 33 billion yuan, sales revenue profit rate of 2.86%, significantly lost to the current 3.5% of the one-year bank The deposit interest rate is also far lower than the average profit rate of 6.2% of the national industrial enterprises. The steel industry is still in a high-yield, high-income, low-profit situation. This is the fourth consecutive year that the profitability of the Chinese steel industry has lost to the bank for one year. interest rate. Talking about the characteristics of this stage, Li Xinchuang believes that the specific situation is reflected in the "three highs and two lows", the so-called "three highs", the first high is the global steel market demand is at a high level. Excessive global steel production capacity has led to high global steel production, which is the second highest. As the development of the steel industry and the raw materials needed for the support of the steel industry cannot be supplied in a timely and effective manner, the third highest is high, that is, raw material costs remain high. This "three highs" has caused "two lows". The first is that the global industry, especially the Chinese steel industry, is very low-efficiency, and the second is that the entire industry is at a low level.
Hydraulic 4Wd Winches,Two-Stage Planetary Hydraulic Winch,Automactic Screw Cone Braking Winch,Hydraulic Towing Recovery Winch
JINHUA RUNYE TECH. CO.,LTD , https://www.cnirunwinch.com