CCTV News: A set of data from the China Iron and Steel Industry Association. Recently, the price of imported iron ore has been rising, especially since May and June, and has remained at a high of $100 per ton. The sales profit margin of China's steel enterprises is 3.29%, a decrease of 1.93 percentage points from the same period last year.
Although the profit margin has decreased, benefiting from the accelerated economic recovery and steady growth in steel demand, the sales revenue of key steel enterprises in China has increased against the trend. From January to June, China's key steel enterprises achieved a sales revenue of 2.09 trillion yuan, a year-on-year increase of 1.18%.
In the first half of this year, China's crude steel production reached a new high, and in June, the daily average crude steel production exceeded 3 million tons for the first time. The national production of pig iron, crude steel, and steel from January to June was 43.268 million tons, 49.901 million tons, and 60.584 million tons, respectively, an increase of 2.2%, 1.4%, and 2.7% compared to the same period last year. CNTV
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