The basic aspects of production and management of copper strip manufacturers are good

The basic aspects of production and management of copper strip manufacturers are good. In 2019, the steel output of private copper strip manufacturers was about 600 million tons, an increase of 9.69% year-on-year; the output of steel was 860 million tons, an increase of 15.18% year-on-year. Since entering the fourth quarter, as the demand for copper strip has decreased, private copper strip manufacturers have adapted to market changes, organized equipment maintenance and other work in a timely manner, and actively reduced production.

From January to October, private copper strip manufacturers produced 506 million tons of steel, an increase of 11.14% year-on-year, accounting for 61.04% of the national steel output; pig iron output was 380 million tons, an increase of 8.3% year-on-year, accounting for 56.3% of the national iron output; The belt output was 705 million tons, a year-on-year increase of 13.48%, accounting for 70% of the national copper belt output. The production of private copper strip manufacturers has shown a stable situation in the course of change and a steady rise in the course of stability. The growth rate of steel, iron and material output was moderate, which were 3.74, 2.9 and 3.68 percentage points higher than the national average respectively.

The economic benefits are in a reasonable range. Affected by unfavorable factors such as the increase in the price of imported iron ore and the decline in the price of copper strip products in 2019, copper strip manufacturers paid close attention to corporate management, reduced costs, improved production efficiency, and reversed the decline in profits.

According to statistical analysis, from January to October, private copper belt manufacturers were affected by the increase in the price of imported iron ore by more than 50 billion yuan, and the impact of the decline in steel prices was more than 60 billion yuan, and the total of the two items alone was as high as 110 billion yuan. . In the same period, the profits of private copper strip manufacturers only reduced by 50 billion yuan (to 138 billion yuan), and the cost was reduced by more than 60 billion yuan by improving the management level. Compared with 2018, although the profit dropped by 40.0%, the sales profit rate still reached more than 6%, which exceeded the national average sales profit rate of 5.85%.