Iron Ores Mining Industry

An Expert's View about Metal Ores in China

Last updated: 30 Aug 2011

Industry Research: Analysis on China Iron Ores Mining Industry

Hebei province has most leading iron ores mining enterprises, and among all top 100 large iron ores mining enterprises across China, 38 are located in Hebei. According to China Iron Ores Mining Industry Profile - the industry research report issued by Zeefer Consulting, Hebei, Liaoning and Shandong are the major production bases for iron ores mining industry in China. Jiangxi, Anhui, Fujian, Jilin, Sichuan, Jiangsu and Xinjiang are the secondary distribution areas for this industry.

In terms of market size, in 2009, iron ores mining enterprises above designated size achieved a sales revenue of more than USD 40 billion. Hebei, Liaoning and Shandong ranked top 3 in terms of sales revenue, enterprises in these regions engaged in iron ores mining production achieved a sales revenue of more than USD 20 billion. in all, taking a share of more than 50% of the gross sales revenue from above designated size iron ores mining enterprises across China. Total assets of enterprises inside iron ores mining industry exceeded USD 40 billion, a rise of more than 10% on a year-on-year basis. The total export delivery value USD 0.8 million, a decline of about 80% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in iron ores mining industry added up to more than USD 4 billion, a decline of more than 45% on a year-on-year basis. The averaged profit margin of enterprises in iron ores mining industry was higher than 9%. A total of more than 750 enterprises suffered a loss, and the total loss of these enterprises amounted to more than USD 400 million.

In terms of market position of foreign enterprises in China, in 2009, there were more than 35 foreign enterprises above designated size engaged in iron ores mining production in China, accounting for more than 1% of all iron ores mining enterprises across China. Foreign enterprises in China iron ores mining industry achieved a ratio of return on net assets of more than 10%, lower than the industry average.

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Full content of China Iron Ores Mining Industry Analysis:

http://www.allchinareports.com/china-metal-industry/ferrous-metal-industry-analysis/industry-research-analysis-on-china-iron-ores-mining-industry.html

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The analyses above are extracted from the industry report: China Iron Ores Mining Industry Profile
 


Posted: 29 August 2011, last updated 30 August 2011