China'S Steel Industry Concentration Increased For The First Time By 5.28 Percentage Points.

Yesterday, the reporter learned from the China Iron and Steel Industry Association (referred to as China Steel Association), the first half of the first ten steel enterprises crude steel output 1.09 million tons, accounting for 41.37% of the country, the steel industry concentration increased 5.28 percentage points. This is the first time that China's iron and steel industry has been concentrating for many years.

In addition to earlier restructuring of the Shandong iron and Steel Group, Guangdong iron and Steel Group and Hebei iron and Steel Group, Luo Bingsheng, executive vice president of the China Steel Association, said that the state has tightened control over the money supply and the cost of the steel industry has risen sharply.

He did not disclose the number of enterprises and the number of discontinued production, but introduced that in the first half of this year, China's pig iron production increased by 7.89% in the whole industry, of which local iron and steel production in small and medium-sized enterprises increased by only 2.44%, and the production of pig iron in key large and medium-sized enterprises increased by 9.69%.