Jiangxi Iron And Steel Industry Sales More Than 40 Billion

Nanchang newspaper trainee reporter Lai Haofeng reported: in the first half of this year, our province's steel industry sales exceeded 40 billion yuan.

27, reporters learned from the provincial economic and Trade Commission, the first half of this year, our province's iron and steel industry achieved sales revenue of 41 billion 653 million yuan, an increase of 41.19% over the same period.

It is understood that our province's steel sales revenue growth is mainly due to the substantial increase in product prices.

As iron ore, coke, scrap and other raw materials continue to substantially increase prices and oil, electricity, pportation, labor costs rise repeatedly and other factors, resulting in rising production costs, compressing the profit margins of enterprises.

Therefore, in the first half of this year, the average price of steel has increased by 35%.