Recently, the All-China Metallurgical Chamber of Commerce held a 2018 enterprise exchange meeting. Zhang Zhixiang, president of the All-China Metallurgical Chamber of Commerce, said that the operation of the seamless steel pipe industry is expected to remain stable in the fourth quarter . The basic balance of supply and demand of seamless steel pipes in 2018 has become the main tone.
Zhang Zhixiang said that in 2018, the operation and management of the seamless steel pipe industry had an unprecedented good situation, and the operating performance was the best in history. The capacity utilization rate has entered a reasonable range, the supply and demand have been balanced, the price has remained at a high level, and the company's efficiency has steadily increased.
Data show that from January to September, Sinosteel Association's seamless steel pipe enterprises achieved sales income of 2.35 trillion yuan, a year-on-year increase of 14.7%, profits and taxes of 146.681 billion yuan, an increase of 68.2%; total profit of 129.963 billion yuan, has exceeded Total profit for the whole year of 2017 increased by 80.01% year-on-year. The seamless steel pipe industry has reversed the situation of meager profits and even losses for many years.
"We can't be blindly optimistic because of the improvement in efficiency. The difficulty of maintaining current profitability is increasing." Liu Zhenjiang, secretary general of China Iron and Steel Association, said recently that September was the best month for the seamless steel pipe industry, but the sales profit margin has been higher. In August, there was a decline. The increase in raw material costs, financial expenses, environmental protection costs, and operating expenses increased the efficiency of the squeezed seamless steel pipe plant.
The data shows that the capacity of seamless steel pipe capacity expansion is still there, and the problem of surplus thick-walled seamless steel pipes is outstanding. In September, the national production of seamless steel pipes was 856,300 tons, a record high in China's seamless steel pipe industry. At the same time, financing costs were high, and corporate financial expenses rose by 12.5% year-on-year.
Zhang Zhixiang also said that the strip steel may be revived at any time. In the capacity conversion of the steel industry, although the state has strengthened supervision and strict control of the replacement of production capacity, it is strictly forbidden to increase production capacity. However, there are still some cases of suspected large-scale reports, and new steel projects are also being put into production. At the same time, each plant is increasing smelting strength and production efficiency, and will also increase part of steel production.
Liu Zhenjiang also said that it is necessary to pay special attention to the market changes of seamless steel pipes in the fourth quarter, especially the structural changes in steel use next year, to make predictions and market analysis, to prohibit new capacity to prevent the resurgence of steel strips, and to consolidate the results of production capacity. Joint restructuring accelerates the adjustment of the layout of the seamless steel pipe industry.
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