Date: 2013-07-31

2006 First-Half Major Special Steel Mills Operation Analysis

2006 First-Half Major Special Steel Mills Operation Analysis


First-half 29 major steel mills' operation results

1. Steel output mix:

Output of all steel products were 24.32 million tons, increased by 6.67% from last year. That of Common steel were 7.06 million tons, accounting for 29.03% of the total, seeing a decrease of 1.12%; high-quality steel were 9.77 million tons, taking up 40.17% of total, seeing an increase of 19%; for special steel those figures were 6.79 million tons, 27.92% of the total, increased by 8.81%; output of stainless steel were 700,000 tons, increased by 2.86%; alloy steel were 6.01 million tons, a rise of 14.14% compared with last year.

For the structural alloy steel, total output were 3.54 million tons, increased by 16.45% from last year. Output of the subclassification products are as following:

ITEM Output (ton) Growth (compared with 2005 first-half)
Gear steel 905,900 10.98%
Alloy steel for spring 313,500 21.70%
Alloy steel for tools 70,700 13.85%
High alloy steel for tools 64,300 11.83%
High speed steel 26,700 4.71%
Mold steel 94,900 24.08%
Bearing steel 801,600 1.24%
Stainless steel 834,500 16.51%

2. Average Energy(electricity) consumption:

Special steel producers: 525 kwh/t
High-quality steel producers: 335 kwh/t
Hot Metal Charging enterprises: 235 kwh/t

3. Steel export:

Steel bar: 171,346 tons
Steel coils: 87,611 tons
Ultra-thick steel sheet: 38,052 tons
Thick steel sheet: 153,334 tons
Steel sheet: 43,257 tons
Thin steel sheet: 117.747 tons
Steamless tube: 369,506 tons

4. Rate of profit:

The whole industry(average): 5.32%
The highest: 7.25%
The lowest: RMB32.24 million

In short, output of steel products are growing, products-mix are becoming more and more rational. Demand of steel products keep in a stable level, export increased greatly. However, the rate of profit of special steel enterprises has yet to be increased, efforts should be made to reduce production cost.

Previous: HL Bearing Export Hit USD17.12 million in First 7 Months
Next: New Major Products Bring About Xibei Bearings Rejuvenation

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
H30/950HG bearing	950
H39/950HG bearing	950

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.