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In the third quarter, the loss amount is close to the annual level of last year. How to solve the "dilemma" of the steel industry? Suggestions from the industry recommend actively reducing production.
① In the third quarter, losses in the steel industry intensified, with 21 out of 27 listed steel smelting companies recording losses, totaling over 14.5 billion yuan in losses, the quarterly loss total approaching last year's full year. ② Industry insiders believe that the main reason for the losses is the steel industry's own overcapacity, poor industry self-discipline, failure to actively limit production, product oversupply, continuously declining steel prices, slow decline in raw materials, and severe industry profit compression.
Benji Steel Sheet: Report for the third quarter of 2024
Bengang steel plates (000761.SZ) announced its performance for the first three quarters, with a net loss of 3.206 billion yuan.
Bengang steel plates (000761.SZ) released the third quarter report for 2024, achieving revenue...
bengang steel plates (000761.SZ): a net loss of 3.206 billion yuan in the first three quarters.
Ganglonghui October 28th | Bengang Steel Plates (000761.SZ) announced its third quarter report for 2024, with the company achieving revenue of 40.168 billion yuan in the first three quarters, a 7.66% year-on-year decrease; net income attributable to shareholders of listed companies was -3.206 billion yuan; net income attributable to shareholders of listed companies excluding non-recurring gains and losses was -3.329 billion yuan; basic earnings per share was -0.7803 yuan.
Express News | Bengang steel plates: The trading scheme still needs further demonstration and communication for negotiation.
The A-share steel sector continues to strengthen, guangdong zhongnan iron & steel has risen for four consecutive days.
On September 26, Guangdong Zhongnan Iron & Steel continued its 4-day streak, Bengang Steel Plates had 3 days of 2 consecutive boards, Xining Special Steel, Xinyu Iron & Steel, Hunan Valin Steel, sansteel minguang, and others followed the upward trend.
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