tera power leveling an increase was at its 22.2%. If from the quarterly index view - RPF

Losses were further expanded in iron and steel industry. Of the economic information daily from CISA's authority was informed by a few days ago, in January 2012 in iron and steel statistics 77 homes for large and medium-sized iron and steel enterprises output value of 2,466. $ 9.1 billion, down 4.57%, sales income of 260.353 billion yuan, down 8.47%。　　Worthy of note is that steel industry profit and profitability for the first time presents "double negative", since the beginning of January, producing 5 million tons more than 29 companies with 12 losses, loss of 41.38%, profits made a net loss after $ 2.177 billion and average sales margin had further dropped to-0.89%. "6% of margins to again to0.43% until there is a negative number, profit margins in the iron and steel industry and gradually break the bottom line of steel can bear. "These reporters to the economic information daily said. Profit portion of the iron and steel enterprise will last at the end of last year, but the industry has entered a loss. If you do not include the non-steel industry steel industry losses more serious, judging from the current situationSee, later in February and the data will not be optimistic. He admits, Mills actual earnings situation is even worse than the number, product sales even the gross margin is not maintained, most mills are at a loss. In fact, steel Horn of winter morning at the end of last year has already begun, over Hebei iron and steel enterprise manufacturing official told reporters of the economic information daily, from fourQuarter, steel plant has passed the overhaul, or to adjust the proportion of ore to the furnace to reduce production, and other ways to cut production. Baosteel Group Chairman Mr Xu at the "two sessions" during an interview with reporters also said, the current domestic iron and steel enterprises to further expand business very difficult, have come from the four quarters last year beginning production. From mid-February and steel Association data shows that national crude steelAverage daily output of 1.699 million tons last year 194.50,000 tons of all-time has declined. Market performance of listed companies in iron and steel enterprises and further confirms the industry dilemma. Angang said previously, expect 2011 vested in the shareholders of the company's net profit loss is approximately 21. $ 5.1 billion.Shaogangsongshan the company in 2011 is expected to be losing $ 1.17 billion, compared with the same period plunged 5,686%.　　In addition, new steel and steel shares southern steel 2011 net profit was expected to fall more than 50%. W IN d statistics, according to Shen Wan industrial classification, as of now, *ST has been included in GIS, Ling and steel shares,6 Daye special steel, iron and steel industries announced the 2011 annual report of listed companies. Annual report, these enterprise's total revenues for the year 2011 915. $ 900 million, up slightly higher 8.7%, but same period attributable to the shareholders of the parent company's net profit fell by 5% from $ 1.67 billion in 2010 to $ 1.57 billion. In addition, up to 2011 the end of above 6 companies of the stock reached 212.200 million Yuan, an increase of 15.7%; its accounts receivable reached $ 1.89 billion, not only exceeded the net income, an increase was at its 22.2%.　　If from the quarterly index view, four-quarter last year of listed steel companies have significantly deteriorated. On the WIND statistics also showed that after the removal of s-t shares, as at March 6, 2012, 33 iron and steel companies, the average book value (p-b) is only 1.6 times, including Anyang steel, angang, book of 10 companies, below the 1. While the a-share listed companies in all of the 2,341, breaking the netThere are only 23, iron and steel enterprises accounted for almost half.　　Since 2011, 33 in iron and steel enterprises, only luyin investment and steel shares share price rises, remaining 31 were all falling average reached 16.7% tera power leveling, decreases by more than 20% has reached 16. From 182 million tons in 2002, to last year's 6.8.3 billion tons, 10 years China's crude steel output grew by 275%, current industry-wide overcapacity and most of the enterprises are faced with total loss of life "" instructions, with the announced end of the golden period of steel, the industry needs to face is a long-term test of winter. Wuhan iron and steel group General Manager Deng Qilin told the reporter also admitted in an interview with the economic information daily, steelRail industry is currently in a State of loss or profit, not only is the winter last year, this year is the winter, winter lasts at least 5 years of iron and steel industry, iron and steel enterprises at a profit and operating a very difficult position. "It is the high price of raw materials such as iron ore, coal, and huge cost pressures, here is the economic downturn, many industry demand, supply appears negativeSituation, the profit margin is very small tera power leveling, or even crash, some product quality competitiveness is not strong small and medium enterprises will collapse.　　"Deng Qilin said. Shougang Group Chairman Zhu Jimin (Twitter) told reporters, China's steel production capacity of about 800 million tons, but last year the total steel consumption is only 6.500 million tons and consumption of steel may reach a maximum of 7.500 million tons. Because of steelIron industry suffering from overcapacity, and industries from the fourth quarter of last year and a loss in December of this year. The economic information daily, correspondent learned in the interview, in fact, since last year, including Baosteel and Hebei iron and steel group and other large steel, ansteel, WISCO enterprises have been developing "non-steel" industry into an important strategy for enterprise development level. To Mr XuWhen interviewed by the media said Mills development of "non-steel" industry it is a last resort tera gold, Bao Steel "not steel" industry income is far less than the steel industry, but higher profit contribution, profit contribution rate for 2011 at 50%. 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