Overview   |    Products and Services    |    News   |    Forum   |    Chinese Steel Weekly   |    China Steel Report   |    Contact Us
  Chinese Steel Weekly
Chinese Steel Weekly-20170216
Chinese Steel Weekly-20170209
Chinese Steel Weekly-20170202
Chinese Steel Weekly-20170126
Chinese Steel Weekly-20170119
Chinese Steel Weekly-20170112
Chinese Steel Weekly-20170105
Chinese Steel Weekly-20160613
Chinese Steel Weekly-20160530
Chinese Steel Weekly-20160516
Chinese Steel Weekly-20160509
Chinese Steel Weekly-20160503
Chinese Steel Weekly-20160418
Chinese Steel Weekly-20160321
Chinese Steel Weekly-20160307
Chinese Steel Weekly-20160222
Chinese Steel Weekly-20160215
Chinese Steel Weekly-20160118
Chinese Steel Weekly-20160111
Chinese Steel Weekly-20160104
Chinese Steel Weekly-20151228
Chinese Steel Weekly-20151221
Chinese Steel Weekly-20151214
Chinese Steel Weekly-20151130
Chinese Steel Weekly-20151123
Chinese Steel Weekly-20151116
Chinese Steel Weekly-20151109
Chinese Steel Weekly-20150907
Chinese Steel Weekly-20150817
Chinese Steel Weekly-20150810
Chinese Steel Weekly-20150803
Chinese Steel Weekly-20150727
Chinese Steel Weekly-20150525
Chinese Steel Weekly-20150511
Chinese Steel Weekly-20150413
  > China Metallurgical Planning Net > Chinese Steel Weekly  
Chinese Steel Weekly-20160118


1. According to the latest data released by National Bureau of Statistics of the PRC, Chinese crude steel output was 803.83 million tons in 2015 decreased by 2.3% year-on-year, which was the output drop for the first time since 1981.

MPI's comments: Chinese crude steel output was 803.83 million tons in 2015, and net export was 99.62 million tons. Thus Chinese steel consumption was 664 million tons in 2015 decreased by 5.4% year-on-year. The actual consumption is a little bit smaller than MPI’s forecast, showing more serious deterioration than expectation.

2. On the basis of reports published recently, total liability of Chinese steel industry is more than 3 trillion yuan, debt ratio of steel companies is about 70% on average. In the third quarter of last year, Bayi Steel, a listed steel company even showed debt ratio of 100%.

MPI's comments: Many steel companies confronted with serious loss due to rapid deterioration of the steel industry in recent years. More and more enterprises separated steel business since 2015. Overcapacity elimination has already been deemed as the first priority of five tasks of structural reform of supply front. And staffing and debt disposal are difficulties to be solved by the steel industry complying with overcapacity elimination.

  [ Close ]
Inter-mail copyright © 2012mg游戏平台
Copyright © 2012-2015 China Metallurgical Industry Planning and Research Institute
Address: 46# Dongsixi Dajie, Dongcheng District, Beijing, China
Postcode: 100711 Telephone: 86-10-65256519 Fax: 86-10-65256519