Baosteel: production and sales efficiency fall into the most difficult period

27, the reporter learned from Baosteel Group, has just reported at the end of the business situation, He Wenbo, general manager of Baosteel, said mutation of the steel market, international and domestic steel prices continued to decline, inventory backlog of serious, high prices of raw materials iron and steel stocks Current production and operation of the enormous pressure, the steel industry-wide losses have occurred. Baosteel's production of this crisis, sales, effective in severe decline, Baosteel into the history of the most difficult period.

Previously, Baosteel said there is no cut plan, but the He Wenbo said Baosteel has been a serious decline in production, that market pressures forced Baosteel's production run has been no small impact. According to Lange Iron and Steel Statistics, this month cut 50% Baosteel stainless, steel mills, Special Steel Branch have equipment maintenance.

Ended November 25, Lange Iron and Steel on November the domestic steel scheduling maintenance conditions survey showed that the number of enterprises overhaul this month 22 than in October announced the overhaul of the 37 companies to reduce the 15 . Compared with October, November repair of steel and steel processing equipment, raw materials, ancillary equipment, processing lines are significantly reduced. October overhaul blast furnace type of equipment 13. Maintenance of steel production line of 16, matching the equipment maintenance line 6. Maintenance involves many types of steel hot-rolled, plate production line.

He Wenbo said, the face of crisis, Baosteel active measures: rapid adjustment of production and marketing strategies, to achieve levels of production and sales of existing market balance; to economic performance as a benchmark to adjust the production problem; adjust the engineering and procurement strategy. At the same time and adjust the compression group and long-term investment in fixed assets and close monitoring of various investment projects implementation, to further improve and enhance the comprehensive risk management system. "Close attention to domestic steel industry and supply chain related industries, trends, and holding the strategic opportunity to actively participate in industry restructuring, and unswervingly continue Baoshan iron and steel industry and related industry development plan." He Wenbo said. It is understood that Wuhan Steel has been forced to cut 50%.

Lange steel analysts believe the situation from the steel mills cut production in eastern China has almost no production decreased, showing that the company rolled billet transfer rate of loss has been substantially reduced. The price of view from the mat, the price of 3,100 yuan in Tangshan still room for discussion, then tune in eastern China, rolled billet enterprises in terms of average prices of around 3350, has been a lot better than the previous situation. Central regional steel mills cut production to take advantage of the opportunity, resources have been large-scale access to South East China market. Market prices have emerged in the recent rebound of the stock market stabilized, the late part of the steel may be complex, yield an increase in the long term there may be.

"National Plate A total of 56 production lines, which transfer rolled billet production line 8, in the East China area, tune rolled billet production line for 14% of the total. According to the third quarter cut the subregion as well as key enterprises adjustment of product structure, if a non-cut measures in large-scale key enterprises and key enterprises will be taken immediately to seize the means of increasing production this part of the market, it is difficult to estimate the total rate cut more than 10%. "The analyst said.

I am China Quality Dress writer, reports some information about stainless steel extrusions , hydronic unit heaters.

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