2013年8月19日星期一

Steel mills profit margins have been squeezed

In July for the iron and steel enterprises, the profit turnaround, does not reduce the pressure of a turnround for the whole year, in the face of higher iron ore prices, steel mills in the good times and sch80 galvanized carbon steel pipe end face.Steel index shows that as of August 16, steel index for 3700 yuan/ton, compared to July 1, 3390 yuan/ton, the price of the gains in only 9%; As of Friday, annual production capacity is more than 10 million tons of steel rebar production cost is about 3647 yuan/ton, a 54 yuan/ton increase over the weekend.

In addition, the recent domestic raw materials market price rise is bigger, such as imports of iron ore has risen to $30 a R=3D 45 degree Pipe Fitting Bend tonne, billet prices has risen up to 350 yuan/tons.
Tertiary rebar on Friday, the domestic market the average price of 3666 yuan/ton, compared with last weekend rose 68 yuan/ton, corresponding to 20 days prior to the cost of raw materials, small and medium-sized steel mills profit margins in the 60-80 yuan/ton.

In analysts view, steel mills to doing well in the second half of this year's earnings, but in general the big steel mills inventories are in 20 to 25 days, such as the time period, less than the ore price 3D eblow Carbon Steel pipe fittings rising steel prices, steel mills profit difficulty will increase.

A private steel mills in hebei people's opinion, under the circumstances of their production is still, the cost of ore price rise as the main drive growth, will make just win the steel mills profit war in July, August, September fear and back edge of loss.But market participants believe that the early rise faster imported ore, steel billets, steel scrap prices next week will face slightly adjusted, coal, coke and will continue to catch up slightly.

没有评论:

发表评论