Steel mills profit margin of only 0.13%

Recently, continue, according hydraulic equal tee pipe fitting to a half-year forecast released 18 listed steel companies, seven XuKui, 1 first, minus three. And released the part center daily news listed steel companies, while profits, but the main benefit from the local government subsidies.

The China iron and steel association, according to data released in the first half of the members only 0.13% the average return on sales of iron and steel corporation, the lowest in the industry. The profits from the peak of a ton of steel reached 1000 yuan, then 5D induction bends 90 degree gradually decreased to the level of one kilogram of pork, a bottle of mineral water. In the first half of this year when the lowest one ton of profit once only 0.43 yuan.

In the steel industry continued to see bright future, steel trade dealers in losing money, almost every day try to transformation of steel trade business.Steel materials in hubei province chamber of commerce LuJianGuo, said several trade merchants began to fry sell real estate, coal, steel and do Fried futures, coffee, or even a steel trade dealer said better to sell food, all in all, what is the investment opportunities in ANSI Sch40 butt welding eccentric reducer pipe fittings all want to give it a try. And the weakness of the iron and steel industry even troubler of securities analyst career change. Yangtze river futures, a steel analyst told reporters that STD seamless steel pipe ASME B36.10m tube because unlike securities and futures, do are beneficial to short to be made more, securities can only make more, but weakening iron and steel industry, steel securities analyst had to change careers.

LuJianGuo, said steel trade business career is a double-edged sword. Because of not familiar with the new field, many steel trading business career stories when buy a bad block, or grasp about coal movements, is still a lot of money. But steel trade, a vast number of money in his hands.