Apr 10, 2018   SOURCE: BusinessWire

China Iron and Steel Sector 4th Quarter 2017 Report - Steel Prices Continued to Rise as a Result of the Tightening Supply of Steel Products - ResearchAndMarkets.com

The "China Iron and Steel Sector Report 2017 4th Quarter" report has been added to ResearchAndMarkets.com's offering.

This report provides a complete and detailed analysis of the iron and steel casting sector for China. The Research presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

In the third quarter of 2017 the revenue of the ferrous metal smelting and pressing sector marked an increase of 14.6% y/y, reaching RMB 1.8bn. Steel prices continued to rise, as a result of the tightening supply of steel products due to the environmental campaigns launched by the government to control air pollution, while the demand for steel products in China remained strong. The total profit of the ferrous metal smelting and pressing sector in Q3 2017 marked a sizable increase of 133.6% y/y, reaching RMB 111.2mn.

China's largest steel enterprises reported record-high profits in the third quarter of 2017, following the surge in steel prices. In Q3 2017 the production volumes of pig iron and crude steel rose by 0.8% y/y to 184.3mn tonnes and by 8% y/y to 220.4mn tonnes, respectively. The output volume of steel products dropped by 1.7% y/y to 287mn tonnes, which can be linked with the government-led environmental inspection campaigns and the scheduled production cuts of the heavy-polluting steel plants in Northern China during the winter season.

Key Topics Covered

1. Executive Summary

  • Sector in Numbers
  • Sector Overview
  • Sector Snapshot
  • Restraining Forces
  • Driving Forces

2. Sector in Focus

  • Quarterly Update
  • Quarterly Summary
  • Sector Outlook
  • Sector Highlights
  • Main Sector Indicators
  • Top M&A Deals
  • M&A Activity

3. Competitive Landscape

  • Highlights
  • Main Players
  • Top Companies

4. Companies in Focus

  • Baoshan Iron & Steel Co Ltd
  • Hebei Iron and Steel
  • Maanshan Iron & Steel Co Ltd
  • Hunan Valin Steel Co Ltd
  • Shanxi Taigang Stainless Steel Co Ltd

5. Regulartory Environment

  • Government Policy
  • Iron & Steel Plan 2016 - 2020

For more information about this report visit https://www.researchandmarkets.com/research/22t7hx/china_iron_and?w=4