The iron and steel industry in North China's Hebei province saw profits in the first half of 2015 stand at 12.969 billion yuan, down 37.41 percent from a year earlier, statistics show on Tuesday.
In the first half of the year, the province's iron and steel industry gained 574.417 billion yuan of revenue from main business, down 12.08 percent year on year.
The purchasing managers' index (PMI) tracking the province's iron and steel sector stood at 42.1 percent in June, down 9.2 percentage points month on month. The figure was under the 50-percent level demarcating growth from contraction again, showing the severe situation for the province's iron and steel sector, according to the Hebei Metallurgical Industry Association.
In the first half of the year, the province exported 17.532 million metric tons (tonnes) of steel products, accounting for 33.38 percent of the country's total steel exports, up 7 percentage points year on year, data shows.
The following table shows production of steels in the province in January-July.
|
Item |
Output in H1 (tonnes) |
Change on year (percent) |
|
Crude steel |
98.8952 million |
- 0.31 |
|
Steel product |
124.6093 million |
4.72 |
|
Pig iron |
92.4437 million |
1.04 |
|
Iron ore |
215.5366 million |
- 13.31 |
The following table shows import and export of steels of the province in January-July.
|
Steel product |
Volume (tonnes) |
Change on year (percent) |
Value (US dollars) |
Change on year (percent) |
|
Export |
17.5320 million |
61.78 |
8,111.4968 million |
24.02 |
|
Import |
86,800 |
- 29.64 |
99.4551 million |
- 32.96 |
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