Steel production was generally stable in the first quarter, and steel prices rose rapidly
Since the beginning of this year, my country’s economic operation has continued to recover steadily, providing a good environment for the development of the steel industry. At the same time, the recovery growth of the international economy has stimulated the demand for the international steel market. The steel industry actively adapts to changes in the domestic and foreign steel markets, and strives to overcome difficulties such as the sharp rise in iron ore prices and rising environmental pressures. The industry has shown a relatively good trend. It has made great efforts to meet the steel demand of downstream industries and promote the continuous and stable recovery of economic operations. contribution.
Steel production is generally stable, and output keeps increasing. In the first quarter of this year, my country’s pig iron output was 221 million tons, a year-on-year increase of 8%, an increase of 13.38% compared to the first quarter of 2019, and an average increase of 6.48% in two years, a decrease of 0.63% from the fourth quarter of last year; crude steel output was 271 million tons, a year-on-year increase 15.60%, an increase of 17.3% over the first quarter of 2019, an average increase of 8.3% in two years, a decrease of 0.03% from the fourth quarter of last year; steel production was 329 million tons, an increase of 22.50% year-on-year, and an increase of 22.42% over the first quarter of 2019. The average growth rate was 10.65%, which was a decrease of 7.51% from the fourth quarter of last year.
Downstream industries continue to recover, and steel consumption is relatively vigorous. Since the beginning of this year, my country's economic performance has been steadily improving. In the first quarter, GDP increased by 18.3% year-on-year. The main steel industry continued to recover, driving a significant increase in steel demand. According to the calculations of the Steel Association, the actual steel consumption of the main steel industry in the first quarter increased by 47%, of which the construction industry increased by 49%, and the manufacturing industry increased by 44%; my country's apparent consumption of crude steel was 258.96 million tons, an increase of 15.3% year-on-year.
Steel exports have resumed growth, and the price of imported iron ore has risen sharply. With the recovery of the world economy, foreign steel demand has gradually improved, and my country's steel exports have also recovered significantly. According to data released by the General Administration of Customs, in the first quarter, the country exported 17.682 million tons of steel products, a year-on-year increase of 23.8%; imported steel products were 3.718 million tons, a year-on-year increase of 17%. Imported iron ore was 283 million tons, a year-on-year increase of 8%, and the average import price was US$150.79/ton, a year-on-year increase of 64.51%.
The price of steel has risen rapidly, and the increase in foreign countries is greater than that in China. Since the beginning of this year, domestic steel prices have continued to rise, driven by demand on the one hand, and driven by the sharp increase in imported iron ore prices on the other, as well as the recovery of the international market and the general rise in commodity prices. The international steel price index was 246.0 points, an increase of 28.9% from the beginning of the year and a year-on-year increase of 58.9%, indicating that the increase in steel prices in the international market was significantly greater than that in the domestic market.
Economic efficiency has maintained growth, and loss-making enterprises have decreased significantly. In the first quarter, the operating income of member steel companies was 1541.7 billion yuan, a year-on-year increase of 52.28%; profits and taxes were 100.4 billion yuan, a year-on-year increase of 159.94%; total profits were 73.4 billion yuan, a year-on-year increase of 247.44%; sales profit margin was 4.76%, a year-on-year increase of 2.67 percentage points ; The loss side was 13.64%, a year-on-year decrease of 13.63 percentage points. The large year-on-year increase in economic benefits was related to the low base in the same period last year.
Persist in green development and continue to improve energy conservation and environmental protection indicators. In the first quarter, iron and steel enterprises continued to increase investment in environmental protection, implemented large-scale ultra-low emission transformations, promoted the application of a series of advanced energy-saving and emission-reduction technologies, and continued to improve the level of energy-saving and environmental protection. The comprehensive energy consumption per ton of steel of member steel companies was 540.11 kg of standard coal/ton, a year-on-year decrease of 4.35%; new water consumption per ton of steel decreased by 4.61% year-on-year; chemical oxygen demand decreased by 9.35% year-on-year; sulfur dioxide emissions decreased by 14.89% year-on-year; steel slag utilization The rate increased by 0.39 percentage points year-on-year; the utilization rate of coke oven gas remained flat year-on-year.