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Hebei Iron and Steel output in 9 years first in the country

February 19 Shijiazhuang Xinhua (Xinhua reporter Wang Min) reporter recently learned from the Hebei Metallurgical Industry Association, 2009, the province's largest province continue to maintain the status of steel, crude steel, steel, pig iron production are more than 130 million tons, an increase of 17.48%, respectively, 26.83% and 16.88%. Hebei Iron and Steel 2001 annual steel production from 19,696,500 tons, it has 9 consecutive years in the nation.

According to statistics, in 2009, Hebei steel industry 168.915 billion yuan industrial added value, up 17.79 percent; sales output value of 736.719 billion yuan, down 1.70%; profits and taxes total 39.546 billion yuan, total profit of 24.349 billion yuan, up 16.39%, respectively, and 7.46% lower. Steel industry added value, sales value, export delivery value, new products accounted for the province's industrial output value accounted for 26.77%, 31.69%, 7.50% and 35.04%.

Wang Dayong, Hebei Metallurgical Industry Association, believes that the general trend of the steel industry this year better than 2009. But should take precautions, to the intensive, service-oriented steel industry changes; from relying solely on the scale of development, relying solely on changes in price competition to rely on independent innovation, technological progress, adjust product structure, quality, upgrade, improve resource security control of the direction of up. Iron and steel industry in the country with 700 million tons of production capacity in the case, will gradually into the low-speed development period and the depth of the adjustment period, the steel market will show a high stability or high to low phenomenon.

(Source: Xinhua)