Japan: Iron and steel companies fall into low-income dilemma due to high raw material prices
Japan: Iron and steel companies fall into low-income dilemma due to high raw material prices
China Construction machinery information
Guide: according to Japanese media reports, four major steel manufacturers in China, South Korea and Taiwan, China, the latter mainly from corn or other sugary crops (such as cassava) distributed the net profit and loss data in 2011. Among them, the net profit and loss of China's Anshan Iron and steel company fell to a deficit, and the net profit and loss of the other three companies were lower than that of 2010 when they were transmitted to computers through RS232. The reason for the decrease in net profit and loss of steel companies is
according to Japanese media reports, four major steel manufacturers in China, South Korea and Taiwan, China announced their net profit and loss data for 2011. Among them, the net profit and loss of Anshan Iron and steel company in China fell to a deficit, and the net profit and loss of the other three companies decreased compared with 2010. The reason why the net profit and loss of steel companies decreased is that the growth of steel demand in various countries slowed down, while the prices of raw materials such as iron ore remained at high prices, while the rise in steel sales prices was insufficient
due to the financial easing policies of developing countries, there are signs of improvement in steel demand in 2012, but all steel companies have taken a strong export posture, and international competition may intensify. In addition, there is little room for the reduction of raw material prices, and the European debt crisis has also brought destabilizing factors to the economy. Steel companies are unlikely to get rid of the low-yield dilemma at present
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