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Cangzhou Junde Steel Pipe Co.,Ltd

Add: South of Qiantong Road, Cangzhou City, Hebei, China

Contact us:Sunny Yang

Phone: 86-13303171370

Tel: 86-317-8517170

Fax: 86-317-5527266

E-mail: export@jundesteelpipe.com

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The Overall Development Of The Iron And Steel Industry Is Good, And Listed Companies In 2017 Are Very Productive

Apr 09, 2018

According to statistics, as of February 1, 29 of the 34 listed steel companies had announced 2017 performance forecasts, including 24 companies with a pre-increase, 4 losses, and a loss of 1. ERW Steel pipe from 1/2" to 8-5/8" according to BS, ASTM, API, UL, FM, JIS

 

 

From the overall data, 29 listed steel companies expect the total net profit in 2017 to exceed 70 billion yuan. Among them, Bao steel Co., Ltd. has become the "king of profits."2 inch schedule 40 different size carbon steelweld/seamless gi pipe and tube .Bao steel announced on the evening of January 25 that it is expected that net profit attributable to shareholders of listed companies in 2017 will increase by 10.1 billion yuan to 10.8 billion yuan, an increase of 113% to 121% compared with the same period last year.

 

Shan dong Iron & Steel expects to realize a net profit of 1.938 billion yuan last year, a loss from the previous year’s 600 million yuan loss. Shan dong Iron and Steel summarized the reasons for last year's earnings forecast, saying that in 2017, the structural reforms on the supply side of the country continued to advance, and the steel industry had significant results in removing production capacity and suppressing steel bars.ERW Q195 Q235 Q195L Galvanized Weld SteelPipe/Tube for structure fluid transportation At the same time, the domestic macro economy performed well and provided the stable operation of the steel industry. Good support, steel prices fluctuate at high levels, and steel industry profits have improved significantly.

 

It is worth mentioning that in last year's third quarterly report, the forecast of the annual net profit ranged from RMB 3.118 billion to RMB 3.583 billion. construction material pre-galvanized steel pipe/erw welded round steel pipe/tube price .The company announced the latest announcement that it expects the net profit range last year to be RMB 3.734 billion to 41.97. 100 million yuan. *ST Valin announced on the evening of January 30 that the company expects to achieve its best annual performance since its listing. In 2017, the net profit attributable to shareholders of listed companies is expected to reach 4 billion to 4.2 billion yuan, a loss of 1.055 billion yuan in the same period of last year.ASTM SAWL API ERW x52 low carbon stainless seamless steel pipe for onshore gas and oil pipeline

 

 

According to the summary announcement, there are a number of listed steel companies expected to achieve net profit last year, which will increase more than 10 times from the previous year.Kuwait project ASTM A35/Grade A B BS1387:1985ERW hot dipped hot dip galvanized steel pipe


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Contact information

South of Qiantong Road,Cangzhou City,Hebei,China

86-317-8517170

whatsapp: 86-13303171370

export@jundesteelpipe.com

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