China Business Intelligence Network News: With the steady rebound of industrial production and the rise in domestic manufacturing steel demand, the mainland's steel output has shown a steady growth trend. According to the "2024-2029 China Steel Industry Market Analysis and Development Trend Forecast Report" released by the China Business Industry Research Institute, China's cumulative steel output in 2023 will reach 1.363 billion tons, an increase of 1.67% over the previous year. Analysts at the China Business Industry Research Institute predict that China's steel output will reach 1.405 billion tons in 2024.
Data source: National Bureau of Statistics, China Business Industry Research Institute
In the first half of 2024, among the 46 listed steel companies that have been disclosed, the operating income of Baosteel, Valin Steel, Hegang, CITIC Special Steel, and Shougang ranks in the forefront, with 163.251 billion yuan, 75.670 billion yuan, 58.821 billion yuan, 57.005 billion yuan, and 56.684 billion yuan, respectively, and the total revenue of 46 listed steel companies reaches 1045.053 billion yuan, and the total net profit attributable to the parent company reaches 5.064 billion yuan.
Data source: China Commercial Industry Research Institute
For more information, please refer to the "Research Report on Market Prospects and Investment Opportunities of China's Iron and Steel Industry" issued by the China Commercial Industry Research Institute, and the China Commercial Industry Research Institute also provides industrial big data, industrial intelligence, industry research reports, industry white papers, industry status certificates, feasibility study reports, industrial planning, industrial chain investment map, industrial investment guidelines, industrial chain investment investigation & promotion meeting, "15th Five-Year Plan" and other consulting services.