China Steel Smelting Industry Research

An Expert's View about Cast Metals in China

Last updated: 11 Sep 2011

China Steel Smelting Industry Research

Hebei province has most leading steel smelting enterprises, and among all top 100 large steel smelting enterprises across China, 23 are located in Hebei. According to China Steel Smelting Industry Profile - the industry research report issued by Zeefer Consulting, Hebei, Jiangsu and Shandong are the major production bases for steel smelting industry in China. Liaoning, Guangdong, Henan, Shanxi, Fujian, Zhejiang and Hubei are the secondary distribution areas for this industry.

In terms of market size, in 2009, steel smelting enterprises above designated size achieved a sales revenue of more than USD 95 billion. Hebei, Hubei and Shandong ranked top 3 in terms of sales revenue, enterprises in these regions engaged in steel smelting production achieved a sales revenue of more than USD 55 billion. in all, taking a share of more than 55% of the gross sales revenue from above designated size steel smelting enterprises across China. The total number of enterprises above designated size in steel smelting industry was more than 300, a decline of more than 5% on a year-on-year basis. On an annual average, total employees in steel smelting industry exceeded 500,000, a decline of more than 3% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in steel smelting industry added up to more than USD 2 billion, a decline of more than 30% on a year-on-year basis. A total of more than 75 enterprises suffered a loss, the percentage of loss-incurring enterprises was higher than 20%. On average, the ratio of return on net assets in steel smelting industry was higher than 6%.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in steel smelting production in China added up to more than USD 8 billion, taking a share of more than 9% of the gross sales revenue from steel smelting enterprises across China. Foreign enterprises enaged in steel smelting industry achieved a profit of more than USD 100 million, taking a share of more than 5% of the total profit from steel smelting enterprises across China.

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Full content of China Steel Smelting Industry Analysis:

http://www.allchinareports.com/china-metal-industry/casting-forging-heating-industry-analysis/china-steel-smelting-industry-research.html

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The analyses above are extracted from the industry report: China Steel Smelting Industry Profile
 


Posted: 07 September 2011, last updated 11 September 2011

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