The crude steel production capacity, good results
There is a severe surplus of capacity and a slump in the market. Even if M & A is not effective, it can not fundamentally solve the survival crisis of steel enterprises. As a result, the enterprises began to summarize the past experience to find a more efficient and convenient way to save the market, which is how to produce production.
It is reported that over the past year, the production of all thick steel is about 8.06 million tons, which will be the first negative growth of crude steel production in China since 1981, with a new low brush history.
This is a good phenomenon for many experts and people in the industry. For the iron and steel industry seeking productivity, the production of crude steel has fallen for the first time in 34 years, and the steel industry has moved towards a key time window to the production capacity.
In the first ten days of December 2015, the Steel Association member units produced 1 million 578 thousand and 300 tons of crude steel and 27 thousand and 400 tons of ten day ring ratio. Not only that, the 2015 1~11 month of China's crude steel production of 7.39 million tons, a year-on-year decline of 2.2%.
The latest Mysteel steel plant blast furnace survey showed that as of December 31, 2015, the blast furnace operation rate was 74.03%, which decreased by 1.11% and 80.02% in the week before the week, and also decreased by 0.58% compared with the previous week.
In this regard, analysts Mi Qi Peng said, steel production enthusiasm is not big, but from all the summary data, crude steel production decreased throughout the year of 2015 is a foregone conclusion.
According to the planning and Research Institute of metallurgical industry, China's crude steel output is estimated to be 8.06 billion tons in 2015, down 2% from the same period last year, which will be the first negative growth of crude steel output since 1981.
In the view of production for the first time Mi Qi Peng, 2015 national crude steel production for many years, will be an important signal for the industry, indicates that the current steel production after saturation production time has come.
In January 5th, the Chinese Academy of Sciences predicted that the steel industry boom will continue to maintain a low level in 2016, and the gross steel output in 2016 is about 7.86 billion tons, down 3.1% from the same period last year.
In view of this, Xingyue, an analyst, thinks that because of the new normal situation of China's economy and the rapid growth of economic growth to high speed, the steel production and consumption has also gone to a peak and entered the arc top down zone.
Related data show that in 2015, the actual consumption of steel in China was about 6.68 million tons, down 4.8% from the same period, for the first time in 1996. The first futures point pointed out that in the next 15 years, this situation will continue, in 2030, China's steel demand is expected to fall to no more than 5 million tons.
A new round of deliverability of iron and steel industry
However, for the steel industry, which is deep in the cold winter, the bottom of the price is the other bucket of ice water that is spilled on it. In the past year, the steel industry has entered a total loss.
Sinosteel data show that in 2015 1~11, the sales revenue of iron and steel enterprises was 2 trillion and 670 billion yuan, down 19.3% compared to the same period last year, and the profit margin of sales revenue was -2%, which was 0.74% in the same period last year. In the first 11 months of 2015, key steel companies lost 53 billion 132 million yuan. In the first three quarters of 2015, the total loss of the key statistics of steel enterprises was 28 billion 122 million yuan. This also means that, in October and November, only two months of time, the key steel enterprises in the statistical range of China Steel Association, the loss amount has doubled.
At the same time, the loss surface of steel enterprises is expanding. In November 2015, the key enterprises lost 14 billion 627 million yuan and 62 lost enterprises. In the first 11 months of 2015, 51 companies lost their losses, up 27 from the same period last year, up 2 from the first three quarters.
At present, the problems of financing and financing of iron and steel enterprises have not been alleviated. The statistics of China Steel Association showed that the bank short-term borrowing and long-term loan balance of the national key statistics steel enterprises at the end of 11 were 1 trillion and 340 billion yuan, down 2.25% from the same period.
Many industry insiders say that as a heavy asset industry, capital chain is the lifeblood that restricts the development of iron and steel enterprises. This will also be the most critical part of solving the problem of excess capacity.
In fact, in 2016, the five main tasks of economic work were to take the lead in production capacity. At present, the iron and steel industry has serious excess capacity, and the survival pressure of enterprises is huge. Some iron and steel enterprises that have difficulty in surviving have strong desire to quit.
From the Milky Way securities information display, steel enterprises suffered serious losses of capital chain in Hebei Tangshan has become difficult to continue, Lian, An Tai, Yue Feng, prosperous, Jianbang, Songting and other private steel enterprises gradually discontinued.
In Xingyue's view, it is a new consensus for iron and steel industry to dispose of "botany enterprises" as early as possible, so that long term shutdowns, loss of hope, serious pollution, quality assurance, fragmentation of the capital chain, inefficient production of steel and backward production capacity of steel will be completely withdrawn from the market.
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