January to March 2016, the national refractories industry production and operation

I. overall operation of industries above the national scale

In March 2016, the industrial added value above the scale increased by 6.8% in real terms (the growth of the following added value is the real growth rate excluding price factors), 1.4 percentage points faster than that in January and February. On a month-on-month basis, industrial added value above the scale rose 0.64% in March from the previous month. In the first quarter, industrial added value above the scale rose 5.8 per cent from a year earlier.

1. From January to march, the main business income of industrial enterprises above a certain scale reached 24.67 trillion yuan, up 2.4% year on year. The main business cost was 21.06 trillion yuan, up 2%.

From February to march, the total profits of industrial enterprises above the national scale reached 1.34 trillion yuan, an increase of 7.4% year-on-year and an increase of 2.6 percentage points over the January to February period.

From January to march, the profit margin of main business income of industrial enterprises above the scale was 5.44%, the cost per hundred yuan of main business income was 85.36 yuan, the main business income per hundred yuan of assets was 102.4 yuan, the per capita main business income was 1,106,000 yuan, and the number of days for inventory turnover of finished products was 15.4 days.

3. At the end of march, the receivables of industrial enterprises above the scale reached 11.03 trillion yuan, up 8.3% year on year. Finished goods inventory was 3.63 trillion yuan, unchanged from the same period last year.

Ii. Production and operation of resistant material industry from January to March 2016

1. Production of refractories

From January to march, the national production of resistant materials with the same diameter was 4.34800 million tons, down 11.67% year on year. Among them, 2.942 million tons of tightly shaped refractory products decreased by 7.68% year on year. 99,400 tons of thermal insulation refractory products, up 5.34% year on year; Shapeless refractory products were 1,306,600 tons, down 20.39 percent year on year.

2. Import and export trade of refractory raw materials

In the first quarter, China's import and export of refractory raw materials totaled 652 million us dollars, down 21.09 percent from the same period last year. Among them, the export volume was 621 million us dollars, down 21.49% year on year. Imports totaled us $31 million, down 9.38 percent from a year earlier.

China's export of refractory raw materials totaled 1.1691 million tons, down 3.82% year on year. Among them, the export volume of refractory raw materials was 798,800 tons, down 1.86% year on year. The export volume of refractory products was 378,300 tons, 7.67% lower than that of the previous year.

(1) export situation of main refractory raw materials

(1) exports of fused magnesia and sintered magnesia were 702 tons and 1137 thousand tons, respectively, with year-on-year growth of 17.57% and -20.63%.

(2) the export volume of refractory aluminum clay, brown corundum and white corundum was 18.73 million tons, 13.71 million tons and 41,700 tons, respectively, with year-on-year growth of 2.20%, 2.00% and 1.55%.

(3) graphite and silicon carbide exports were respectively 25,600 tons and 75,800 tons, up 14% and -6.98% year on year, respectively.

(2) export of refractory products

The export volume of basic refractory products was 186,700 tons, down 8.99% year on year.

(2) aluminum siliceous refractory exports 168,900 tons, up 3.42% year-on-year.

(3) other refractory exports 22,700 tons, down 44.95% year on year.

3. Characteristics of export operation

(1) export prices of major refractory raw materials.

The export prices of graphite, refractory clay, fused magnesite, sintered magnesite, brown corundum, white corundum and silicon carbide decreased by 9.05%, 16.34%, 8.65%, 9.12%, 9.36%, 15.58% and 3.75%, respectively.

(2) the export volume and comprehensive average price of refractory products have been significantly reduced.

From January to march, the export volume of refractory products decreased by 7.67% year on year. Among them, the export volume of basic refractory products, aluminum-silicate refractory products and other refractory products decreased by 8.99%, -3.42% and 44.95%, respectively.

The comprehensive average export price decreased by 27.05% year on year, mainly due to the decrease of 8.09% of the average export price of basic products and 46.11% of the average export price of aluminum and silicon products. The average export price of other refractory products increased by 11.59% year on year.

(3) from January to march, the import volume of refractory products was 0.34 million tons, down 11.69% year on year. Among them, the import volume of alkaline products was 100,000 tons, down 48.98% year on year. Imports of aluminum-siliceous refractory products were 0.23 million tons, up 31.12% year on year. Imports of other refractory products were 0.0069 million tons, down 22.48% year on year.

The comprehensive average import price of refractory products decreased by 1.03% year on year, mainly due to the decrease of 17.03% and 60.88% year on year of the average import price of aluminum-silicate refractory products and other refractory products.

Iii. Production and operation of major downstream industries

(1) operation of the iron and steel industry

1. Production and operation of China's steel industry

In the first three months of this year, China's crude steel output reached 192 million tons, down 3.2% from a year earlier and down 1.5% from a year earlier. Steel output was 262 million tons, up 2.5 percent from the same period last year.

2. Production status of the world steel industry

In the first quarter, the world's 65 major steel-producing countries and regions produced 385 million tons of crude steel, down 3.7 percent year on year. Among them: China, Japan, South Korea, the United States and Russia showed varying degrees of decline, and India showed growth.

(2) production and operation of the building materials industry

In the first quarter, China's cement output was 443.73 million tons, up 3.5% from the same period last year and down 3.4% from the same period last year. The output of commercial concrete reached 333.5 million cubic meters, up 6.1 percent and down 4.4 percentage points year on year. Production of plate glass reached 185.5 million cases by weight, up 0.5 percent from 6 percent a year earlier.

Production and operation of the non-ferrous metal industry

In the first quarter, China produced 12.06 million tons of ten nonferrous metals, down 0.4% from the same period last year and up 7.7% from the same period last year. Electrolytic aluminum production was 7.34 million tons, down 2% from a year earlier and up 7.4% in the same period. Copper output was 1.99 million tons, up 8.5%, down 5.9 percentage points year on year. Lead production fell 5.8% to 930,000 tons, down 0.9 percentage points from a year earlier. Zinc production was 1.45 million tons, down 1% from 14.4% a year earlier. Alumina production fell 0.5 percent to 14.35 million tons from 15.3 percent a year earlier.

Iv. Operation characteristics and main problems of main downstream industries

1. The downward trend of output will continue

In the first quarter, the output of major downstream industries showed a downward trend except for slight growth in cement and flat glass. Among them:

China's crude steel output fell 3.2 percent year-on-year, an increase of 1.5 percentage points. In addition to the 4.9% growth of shandong iron and steel and 0.07% growth of hunan valin among the top ten large iron and steel enterprises in crude steel output, the crude steel output of the other eight enterprises decreased to varying degrees, especially the crude steel output of shougang group and hebei iron and steel group decreased by 19.15% and 11.33% respectively.

In the first quarter, the global crude steel output decreased 3.7% year on year, the main steel producing countries in addition to the year-on-year growth of 1.8% in India, other countries (regions) also have varying degrees of decline, including the European Union and Russia decreased by 7.2% and 5.2%, respectively.

In the first quarter, China's output of 10 non-ferrous metals fell 0.4% from a year earlier (up 7.7% from a year earlier), but fell for the first time in recent years. Among them, electrolytic aluminum decreased by 2.0% year on year, and the growth rate was 9.4 percentage points lower than the same period of last year. Copper output grew 8.5% year on year, down 5.9 percentage points from the same period last year. Alumina production fell 0.5 per cent year-on-year, down 15.8 percentage points from a year earlier.

2. Although product prices of major downstream industries have rebounded, they all showed a downward trend year on year

In march, the composite steel price index of the domestic market averaged 67.13 points, 8.59 points higher than the previous month, but 7.54 points lower than the previous year. Cement prices rose 0.4 per cent from the previous month but were down 18.8 per cent from a year earlier. Flat glass prices were flat from the previous month but down 1.3 per cent from a year earlier. Copper, electrolytic aluminium and zinc futures rose 2.6 per cent, 3.6 per cent and 8.2 per cent, respectively, from the previous month, but fell 14.2 per cent, 14.3 per cent and 13.8 per cent, respectively.

Therefore, the recovery of product prices in the main downstream industries in the first quarter is the periodic fluctuation in the process of product prices lingering at a low level, which is difficult to sustain. According to the financial index of member enterprises of iron and steel association (express), in the first quarter, the profit increased by 659.1% year on year, and the number of enterprises in loss decreased by 29.41% year on year. However, the loss amount of enterprises in loss increased by 44.26% year on year. The industry's travails will continue.

Five, resistant to material production enterprises should pay attention to the two problems

1. Capital problem is still the primary problem for production enterprises to ensure business safety

The resistant material production enterprise must raise the capital management to the influence enterprise management security height to realize. At present, the receivable payment of resistant material production enterprises is still rising, the production liquidity is very tight, financial cost pressure is increasing, the recovery of payment is very difficult. Some production enterprises have difficulty in maintaining normal operations. In this regard, production enterprises should calmly recognize the current operating situation, concentrate on strengthening the collection of receivable payment, check the amount of arrears with the arrears of the unit every year and confirm according to the data, to ensure that the arrears in the effective period of legal proceedings, the "drop point payment" unit of the breach of contract firmly resist. At the same time, we should truly refuse to deliver goods to units that cannot make normal payments, and strictly prevent the continuous rise of the amount of receivable payment to ensure the safety of enterprise operation.

2, fire-resistant raw materials and products of the main export varieties of export average prices dropped significantly, should cause the export enterprise to pay great attention to.

In the first quarter, the comprehensive average export price of refractory raw materials decreased by 7.8% year on year, among which the average export price of main export varieties of refractory aluminum clay, white corundum and graphite decreased by 16.34%, 15.58% and 9.05% year on year, respectively. The composite average export price of refractory products decreased by 27.05% year on year. In particular, the average export price of aluminum-silicon refractory products decreased by 46.11% year on year. The average export price of basic refractory products also continued the downward trend of the previous year, with a year-on-year decrease of 8.09%.

The reason for the sharp decrease of the average export price must be the consequence of the disorderly competition in the market, that is, it affects the operation quality of export enterprises and easily leads to trade disputes. Therefore, export enterprises should attach great importance to it.