[Ferro-Alloys.com] 

Chamber of Commerce statistics, Privately operated steel enterprises in 2020 cumulative output of crude steel was 665.69 million tons, an increase of 5.98% from the same period last year. The proportion of crude steel production in the country increased from 62% last year to 63.21%, an increase of 1.2 percentage points. The cumulative output of pig iron was 53.775 million tons, an increase of 5.2% from the same period last year, accounting for an increase of 2 percentage points from 58% last year to 60%. The cumulative output of steel was 948.76 million tons, an increase of 8.9% from the same period last year. The proportion of steel production in the country increased from 70% last year to 71.6%, an increase of 1.6 percentage points.

In 2020, the key privately operated steel enterprises counted by the Metallurgical Chamber of Commerce realized sales revenue of 335.41 billion yuan, an increase of 13% from the same period last year, realized profits and taxes of 239.517 billion yuan, an increase of 6.1% from the same period last year, and realized profits of 161 billion yuan, an increase of 6.1% from the same period last year, and a profit of 246 yuan per ton of steel. Key privately operated steel enterprises pay more than 200 yuan per ton of steel, and the profit margin of sales revenue is 4.8 percent, up from 0.22 percentage points last year.

Privately operated steel enterprises carry out the Party Central Committee's “six stability”, “six guarantees” and other decision-making arrangements, actively solve employment. According to preliminary statistics, at present, the number of privately operated steel enterprises employed is 1.5 million, the annual wage level is more than 90,000 yuan, the average wage of private iron and steel enterprises rose by about 10% in 2020, and some enterprises reached 20%. For the rapid recovery of the national economy played an important role in support.