www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Industries

Steel, coal sectors cutting capacity

By Yang Ziman, Fan Feifei and Liu Ce (China Daily) Updated: 2016-10-21 07:13

Steel, coal sectors cutting capacity

A worker at a steel factory in Dalian, Northeast China's Liaoning province, Sept 1, 2016. [Photo/China Daily]

China has so far achieved more than 80 percent of its capacity reduction goal for this year in the steel and coal industries, the Ministry of Industry and Information Technology revealed on Thursday.

Huang Libin, deputy director of the operation and supervision coordination department of the ministry, told a news conference that the steel industry has registered profits as steel prices rise and outdated capacity is reduced.

"Steel prices in mid-October increased by more than 30 percent compared with the beginning of the year. Members of the China Iron and Steel Association achieved profits in the first eight months of this year, which is a big turnaround from the net losses in the first eight months of last year," said Huang.

According to the CISA, the crude steel output of its 373 members fell 2.4 percent to 308 million tons in the first half of this year. Net profits in the first half of this year were 12.6 billion yuan ($1.87 billion), up 4.27 times from the same period last year.

Ansteel in Liaoning province registered net profits of 977 million yuan in the first three quarters, compared with net losses of 888 million yuan in the same period last year.

According to its earnings report, the profits are mainly due to the company's efforts in reducing costs in burning materials and operations.

The increase in steel prices has driven up profits in the industry, said Wang Guoqing, director of the Lange Steel Information Center.

"The losses last year forced a lot of plants to close. Consequently, demand outstripped supply by a large margin at the beginning of the year. Moreover, signs that the economy is warming up, such as the Hangzhou G20 Summit, have also driven up demand for steel," said Wang.

The coal sector also reported positive growth in profits in August, ending profit declines in the first seven months, Huang added.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产精品一区二区四区 | 国产精品久久久久久久hd | 手机看片1024久久精品你懂的 | 美女黄色免费在线观看 | 免费一级美国片在线观看 | 韩国精品欧美一区二区三区 | 国内精品久久久久久久aa护士 | 黄片毛片在线观看 | 黄色美女视频免费 | 亚洲精品第五页中文字幕 | 亚洲欧洲国产成人综合一本 | 亚洲一区二区三区不卡在线播放 | 免费一区二区三区视频狠狠 | 精品一区二区三区三区 | 99国产精品视频久久久久 | 国产精品久久久精品视频 | 欧美日韩亚洲高清不卡一区二区三区 | 欧美三级观看 | 亚洲三级网站 | 怡红院男人的天堂 | 亚洲国产精品一区二区三区 | 美女福利视频国产片 | 国产精品毛片无码 | 亚洲www| 国产一区三区二区中文在线 | 亚洲男人在线 | 免费一级欧美大片视频在线 | 国产深夜福利在线观看网站 | 男女男精品视频网站在线观看 | 一级做性色a爰片久久毛片 一级做性色a爰片久久毛片免费 | 国产精品久久久久久免费 | 手机看片国产免费 | 国产一区二区福利久久 | 免费一看一级欧美 | 久久在线一区 | 久久韩国| 97免费视频观看 | 91亚洲自偷手机在线观看 | 国产a久久精品一区二区三区 | 成 人色 网 站 欧美大片在线观看 | 亚洲日产综合欧美一区二区 |