Liaoning Province in 2008 economic performance of magnesia materials industry –
In 2008, domestic and international economic situation, significant changes have taken place in the world economy and slower growth in trade, international financial markets, large shocks, the yuan exchange rate and the domestic implementation of tight monetary policy, magnesia refractories industry in Liaoning Province had a relatively big impact, into September, the global financial crisis, domestic steel industry price cuts limited production, threatening the survival of magnesia materials industry and development. The face of unprecedented difficulties, magnesium materials industry to overcome the negative factors, the main economic indicators in 2008 to maintain a certain growth.
1, completion of major economic indicators
2008 sales revenue of the whole industry 28.5 billion, up 12%; complete 7.6 billion industrial added value, up 11%; export volume 940 million U.S. dollars, up 38.2%; realized profits of 4.1 billion, up growth of 10%, of which: profit 1.7 billion yuan, an increase of 3%, and taxes 2.4 billion, up 17%.
Second, the characteristics of economic operation
1, the main product output decreased slightly. Liaoning Province in 2008 produced 3,950,000 tons magnesia, down 6.6%; sintered magnesia (including mid-range magnesia, high purity magnesite) 440 tons, down 2.2%; fused magnesia 1,180,000 tons, down 24.3 %; magnesia bricks 1.98 million tons, down 14.2%; not setting magnesium products 11.24 billion tons, down 16.3%.
2, exports rise or fall. Magnesia material exports in 2008 totaled 2.68 million tons, down 4.6% magnesia 158,000 tons, down 25.5%; sintered magnesia 638,000 tons, down 28%; fused magnesia 374,000 tons, up 12.3%; magnesia 688,000 tons, up 7%; other magnesium oxide 822,000 tons, up 12%.
3, initial results of structural adjustment. With this year's 77 new and renovation projects into production, accelerate the pace of structural adjustment, after the British High Calcium Haicheng brick mass, Wang Haicheng million slag dam increased production, Yingkou Hengda the production of metal magnesium powder , as well as flame retardants and other companies in Dandong Xingke construction project and promote the product structure was further deepened.
4, a significant reduction in product price changes. The main products from January to August 2008 prices rose 15% -20% price decline in December to the beginning of the price, fused magnesia, magnesite carbon decreased greatly.
5, key business sectors driving economic growth significantly. 32 key enterprises in Liaoning Province magnesia material production, sales, exports, profits and taxes were 8.4 million tons, 16.5 billion yuan, 800 million U.S. dollars and 25 billion, respectively, the industry-wide 60%, 58%, 85 % and 61%. Sales income over 26 million companies, six companies over a hundred million in profits and taxes, industry concentration has increased, the key enterprises in the industry to promote the development of increasingly significant role.
Third, several issues of concern 1, overcapacity. In recent years, fused magnesia, magnesite carbon investment projects such as too fast, severe overcapacity and market competition further intensified. 2008, 10 new tunnel kiln, firing products, production capacity significantly, and further intensify the contradiction of supply and demand.
2, inventory serious. By the global financial crisis, industry-wide sales are sluggish fourth quarter, exports dropped significantly. At present, the brick kiln industry-wide inventory of existing 120,000 tons, 180,000 tons is not brick, magnesia 200,000 tons of other products are far greater than the usual stock of inventory, companies should change the mode of operation to off set production.
3, costs. With MgO98.5% or more of the fused magnesia because of escalating costs, sales prices were too high on the international market is almost no sales; mid-range magnesia, sintered magnesia and other products of foreign companies export sales prices closer to costs, it may lose some of its international market.
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