March 31, the national development and reform commission website, according to data released in the first two months of this year, the national crude steel production growth of 1.7% year-on-year, growth is slow compared to 8.9%; Steel production rose 4.9% year-on-year, slow down 9.3%.
In production growth, under the situation of prices continue to fall, 20 # seamless steel tube industry profitability continued to deteriorate. National bureau of statistics, according to data released the first two months of black metal smelting and rolling processing industry profit is only 10.34 billion yuan, down 26.1% year-on-year, the striking contrast with the main business income is 1.09861 trillion yuan.
In fact, hand over this report card # 20 seamless steel tube industry, was not surprising. On the one hand, in the first two months of this year, influenced by the Spring Festival holiday factor, low capacity utilization, ? market demand