Group 1 - The steel industry in China experienced a total profit increase of 63.26% year-on-year in the first half of the year, indicating better-than-expected overall performance [1] - The national crude steel production reached 515 million tons, showing a 3.0% year-on-year decline, which aligns with the national industrial regulation policies [1] - The total profit of key steel enterprises, as reported by the China Iron and Steel Association, amounted to 59.2 billion yuan, reflecting a significant profit growth [1] Group 2 - Zhao Minge, president of the China Iron and Steel Association, stated that the production control measures implemented by the government to achieve a dynamic balance between supply and demand have been effective [3] - The crude steel production of 20 major steel enterprises, each producing over 10 million tons, decreased by 3.7% year-on-year, contributing to low steel inventory levels and a basic balance between supply and demand [3] - The demand for raw materials has decreased, leading to a downward shift in cost pressures within the industry [3]
中国经济半年报:上半年钢铁行业利润总额同比增长63.26%
Yang Shi Wang·2025-08-06 23:00