China Iron and Steel Sector 4th Quarter 2017 Report – Steel Prices Continued to Rise as a Result of the Tightening Supply of Steel Products – ResearchAndMarkets.com

11-Apr-2018 Intellasia | BusinessWire | 12:13 AM Print This Post

DUBLIN–(BUSINESS WIRE)–The “China
Iron and Steel Sector Report 2017 4th Quarter”
report has been
added to ResearchAndMarkets.com’s offering.

This report provides a complete and detailed analysis of the iron and
steel casting sector for China. The Research presents in-depth business
intelligence in a standard format across countries and regions,
providing a balanced mix between analysis and data.

In the third quarter of 2017 the revenue of the ferrous metal smelting
and pressing sector marked an increase of 14.6% y/y, reaching RMB 1.8bn.
Steel prices continued to rise, as a result of the tightening supply of
steel products due to the environmental campaigns launched by the
government to control air pollution, while the demand for steel products
in China remained strong. The total profit of the ferrous metal smelting
and pressing sector in Q3 2017 marked a sizable increase of 133.6% y/y,
reaching RMB 111.2mn.

China’s largest steel enterprises reported record-high profits in the
third quarter of 2017, following the surge in steel prices. In Q3 2017
the production volumes of pig iron and crude steel rose by 0.8% y/y to
184.3mn tonnes and by 8% y/y to 220.4mn tonnes, respectively. The output
volume of steel products dropped by 1.7% y/y to 287mn tonnes, which can
be linked with the government-led environmental inspection campaigns and
the scheduled production cuts of the heavy-polluting steel plants in
Northern China during the winter season.

Key Topics Covered

1. Executive Summary

  • Sector in Numbers
  • Sector Overview
  • Sector Snapshot
  • Restraining Forces
  • Driving Forces

2. Sector in Focus

  • Quarterly Update
  • Quarterly Summary
  • Sector Outlook
  • Sector Highlights
  • Main Sector Indicators
  • Top M&A Deals
  • M&A Activity

3. Competitive Landscape

  • Highlights
  • Main Players
  • Top Companies

4. Companies in Focus

  • Baoshan Iron & Steel Co Ltd
  • Hebei Iron and Steel
  • Maanshan Iron & Steel Co Ltd
  • Hunan Valin Steel Co Ltd
  • Shanxi Taigang Stainless Steel Co Ltd

5. Regulartory Environment

  • Government Policy
  • Iron & Steel Plan 2016 – 2020

For more information about this report visit https://www.researchandmarkets.com/research/22t7hx/china_iron_and?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
[email protected]
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Related
Topics: Iron
and Steel

 


Category: BusinessWire, PRAsia

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