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Iron and steel industry economic improvement

Sha Steel shares in the first half year net profit of 066 million yuan into the black
Sha Steel shares July 30 release reported the company in 2016 January-June operating income of 3.33 billion yuan, a year earlier to 4.06 billion yuan, down 18.03 percent; 1-- attributable to shareholders of listed companies net June profit of 066 million yuan, a year earlier loss of 063 million yuan, up into the black. During the reporting period, the company produced 4.3199 million tons of iron, steel, 4.4217 million tons, 4.0482 million tons material, respectively, to complete the annual plan of 51.12%%, 51.42%, 52.34%.
2016 annual business plan for the company's production: production of 3 million tons of iron, 3.2 million tons of steel production, steel production 3.15 million tons, the annual revenue of 10 billion yuan. During the reporting period, the company completed production of 1,504,500 tons of iron, 50% completed the annual plan; steel production 1.5258 million tons, completed 48% of the annual plan; Galvanised coil output of 1.5008 million tons, 48% of the annual plan; to achieve operating income 3.33 billion yuan to complete 33% of the annual plan. During the reporting period, the steel price fluctuations, product price compared to last year dropped 13.57 percent, resulting in operating income in the first half fell 18.03 percent.
At the same time, the company expects 2016 January-September net profit compared with last year swung to profit is expected to 0.7-1 billion a year earlier loss of 073 million yuan. The reason for the change in the first three quarters, the company said that since 2016, the company for the steel market undulating situation, adopted a flexible marketing strategy, product sales and raw materials procurement time to seize band, vigorously carry out the "reduction and internal management section support innovative tapping the potential synergies "activities.
Nanganggufen first half net profit of 146 million yuan year on year increase of 317.82%
Nanganggufen July 30 release reported the company in 2016 January-June operating income of 10.875 billion yuan, a year earlier to 11.867 billion yuan, down 8.36%; 1--6 Yuefen attributable to shareholders of listed companies net profit of 146 million yuan, a year earlier to 035 million yuan, an increase of 317.82%. During the reporting period, the company produced 4.3199 million tons of iron, steel, 4.4217 million tons, 4.0482 million tons material, respectively, to complete the annual plan of 51.12%%, 51.42%, 52.34%.
The reason for the change in performance, Nanganggufen said reasons for changes in operating income was mainly steel products combined average selling price lower than the same period last year, on revenues greater than steel sales increased due to the impact on revenue; the main reasons for the change of business profit margin lines rising costs during the decrease.
Anyang Iron and Steel net profit of 094 million yuan in the first half-year profitability
Anyang Iron and Steel July 29 release reported the company in 2016 January-June operating income of 11.48 billion yuan, a year earlier to 11.173 billion yuan, an increase of 2.75%; 1-- attributable to shareholders of listed companies net June profit of 094.4 million yuan, a year earlier loss of 393 million yuan, up into the black. The first half of 2016, the company produced a total of 4.46 million tons of iron, steel and 4.38 million tons, 4.33 million tons of steel, completion of annual business plan 50.68%, respectively, 50.52%, 51.55%.
The reason for the change in performance, the company said the reporting period, the macro-economic downward pressure is still large, steel market ups and downs. The company firmly seize market opportunities, innovative institutional mechanisms to focus their efforts on "steady iron, strong sales, lower costs, and promote transformation" focus on work, and achieved good operating results, achieve profitability.
Meanwhile, Anyang Iron and Steel, said the first half of 2016, the company's overall production and operation of stable and orderly, the monthly economic improvement. With the company in an orderly management measures, third quarter operating situation will continues to improve, the company forecast year to the next reporting period the cumulative net profit for the profit.
Fangda Steel profit of 970 million yuan in the first half
According to Jiangxi Fangda Steel Group Co., Ltd. (hereinafter referred to as Fangda Steel) published data, 2016 1--6 months, Fangda Steel total profits and taxes 1.82 billion yuan, of which profit of 970 million yuan, representing an increase of 1.18 billion yuan a year earlier ; and taxes 850 million yuan, representing an increase of 320 million yuan a year earlier, marking the highest level in history Fangda steel period.
In 2009 and 2012, Liaoning Fangda Group Co., Ltd. has restructuring and reorganization Fangda Special Steel, Ping Steel, after restructuring and reorganizing, two steel companies are huge losses from the brink of death desperate to achieve Nirvana. Especially in the last two years, the domestic steel industry continued to face down the "cold" side of the large steel business performance against the market trend is upward, steadily enhance enterprise competitiveness, profitability tons of material into the forefront of national counterparts.
Wuhan Iron and Steel in the first half profit 700 million yuan
22, Wuhan Iron and Steel Group, through micro-official news release said the first half of this year, Wuhan Iron and overall losses, a profit of 703 million yuan. 2015, Wuhan Steel shares the huge loss of 7.515 billion yuan.
Hangzhou Iron and Steel shares in the first half of 340 million yuan earnings guidance
Hangzhou Iron and Steel shares July 30 announcement that the company's financial department by the preliminary estimates, the 2016 half-year operating results compared with the same period last year, to achieve profitability, attributable to shareholders of listed companies net profit of 340 million yuan about. Last year, the company attributable to shareholders of listed companies net profit of -2.96 billion.
The reason for the change in performance, Hangzhou Iron and Steel shares, said the first half of 2016, the company attributable to shareholders of listed companies net profit compared with last year, it is expected to turn a profit. The main reason is the company's major asset restructuring by injecting large shareholder of quality assets to enhance the company's profitability; the reporting period the steel industry solid progress "cost efficiency work" quasi-step rhythm of the market, seize the favorable opportunity, grasp favorable market, and achieved good operating performance.
* ST vanadium and titanium in the first half net loss of 836 million yuan year on year increase in deficit
* ST vanadium and titanium August 1 publication reported that the company in 2016 January-June operating income of 5.875 billion yuan, a year earlier to 6.162 billion yuan, down 4.65%; 1-- attributable to shareholders of listed companies in June net profit loss of 836 million yuan, a year earlier loss of 530 million yuan, up by loss.
During the reporting period, the Company completed 9.9087 million tons of iron ore, down 1.52%; vanadium products (in terms V2O5) 07,900 tons, down 22.35 percent; titanium dioxide 54,700 tons, down 3.52%; titanium concentrate 306 800 tons, down 5.72%; high titanium slag 65,700 tons, an increase of 21.76%; 6804 tons of titanium sponge, an increase of 107.25%. Key projects steadily, Chongqing Titanium sulfate process titanium dioxide environmental relocation project is nearing completion, 15,000 tons / year chloride process titanium dioxide Panzhihua (a) project put into operation at the end of this year. During the reporting period, the company continued to increase marketing efforts, product sales rate of 98.52% composite, which exports 15,485 tons of titanium dioxide, vanadium iron 1,858 tons, export sales of $ 4,928 million.
During the reporting period, operating cost 5.07 billion yuan, representing an increase of 067 million yuan over the same period last year, an increase of 1.35%; total profit of -13.14 million, representing an increase over the same period last year loss of 774 million yuan.
For performance reasons increasing losses, * ST vanadium and titanium side said, although iron ore prices rebounded during the reporting period, but overall still remain low, coupled with Karara iron ore project has been stopped since the end of 2015 into the capital of the formal production of the company's operating results constitute a negative impact.
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