Cisa: in the first three quarters of tons of steel losses, on average, eight. 86 yuan

The China iron and steel association, 7 news, in the first three quarters of this year, members of steel enterprises implement total profit of 11. 3 billion yuan, but the return on sales is only 0. 41%, is still in the level of the lowest in the industry, iron and steel business is still hovering on the edge of the losses. According to & other; For the exploration & throughout; Statistics, in the first three quarters of this year, tons of steel losses, on average, eight. 86 yuan. Per ton steel in the first three months of losses due to steel prices, iron ore rise quickly fell up slowly. In late October, China's steel CSPI domestic steel composite price index for 99. 34 points, year-on-year decline in June. 5 points, down 5. 74%; Compared with imported iron ore prices for 139. 81 dollars/tons, rose by 25. Us $53 / ton, up 22. 34%. Iron ore prices are still the key factors affecting profit of iron and steel enterprises. On the one hand, the national steel and iron ore inventories are low, inventory fill inventory or stimulate the market purchase, the price forming a pull; On the other hand, the increase of the state environmental protection regulation, or promote steel mills cut production, will affect the demand of the steel mills for iron ore. Platts energy when in communication with the media yesterday revealed that iron ore during the year or in 120-140 dollars/tons. China steel association predicts that due to steel prices continue to fall, late is expected to iron and steel production is on the decline, the demand for iron ore strength will be weakened, in the case of market oversupply situation did not change, iron ore prices will be a downward trend of fluctuations.