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The annual performance of Maanshan Iron and Steel Co., Ltd. increased by 168.95% in 2021 compared with the same period last year.

iconMar 24, 2022 14:24
[Maanshan Iron and Steel Co., Ltd.'s 2021 performance increased by 168.95% year-on-year. Long wood production and sales declined] Maanshan Iron and Steel Co., Ltd. released its annual report for 2021, which showed that the final operating income in 2021 was 113.851 billion yuan, an increase of 39.5% over the previous year. Net profit belonging to listed companies was 5.332 billion yuan, an increase of 168.95% over the same period last year.

Maanshan Iron and Steel Co., Ltd. released its annual report for 2021 on March 24, which showed that the final operating income in 2021 was 113.851 billion yuan, an increase of 39.5% over the previous year, while the net profit of shareholders belonging to listed companies was 5.332 billion yuan, up 168.95% from the same period last year.

Maanshan Iron and Steel Co., Ltd. said that in 2021, the company actively responded to the changes in the situation at home and abroad, adapted to the development of the industry, and shifted the focus of production organization from building extreme production efficiency to focusing on product structure optimization, economic operation and key index progress. as a result, the effective improvement and progress of production and management performance has been achieved.

In 2021, Maanshan Iron and Steel Co., Ltd. will actively achieve strategic transformation and seek breakthroughs. The planning and implementation of the north district leveling and leveling project group represented by A blast furnace overhaul, the southern district product line planning project group marked by the new special steel project, the new CCPP comprehensive utilization of generator set, 2e silo, belt roaster, southern district coke oven, A blast furnace overhaul and other projects have been completed and put into production, the construction of the new special steel project has been officially started, and the section steel transformation project has been carried out in an orderly manner.

At the same time, actively promote the improvement of quality and efficiency, through optimizing the dynamic balance of internal resources, billet rolling, etc., the efficiency of the production line has been significantly improved, with each production line breaking the daily production record 172 times and the monthly production record 53 times in the whole year. The operation of the two markets increased significantly, the supply of resources was safe and stable, and the market share of key products increased steadily. The annual sales of unique, strategic and leading products were 3.77 million tons, an increase of 32% over the same period last year. Steel exports were 800000 tons, an increase of 38% over the same period last year. Car plates passed the global certification of a Japanese joint venture brand for the first time, and substantial breakthroughs were made in the domestic application of high-speed rail wheels. The public auxiliary guarantee of equipment is strong, and the precision management function progress rate of 17 production lines is 82%. The energy economic operation of the system has been deepened, and the energy utilization efficiency has been significantly improved.

Adhere to green and low carbon, build intelligent factories, increase technological innovation, reform the management system and other measures Synchronize to jointly promote new breakthroughs in production and operation in 2021.

Maanshan Iron and Steel Co., Ltd. is mainly engaged in the production and sales of iron and steel products, is one of the largest iron and steel producers and sellers in China, the production process is mainly ironmaking, steelmaking, steel rolling and so on. The company's main products are steel, which is composed of four product series of "special steel, wheel axle, long steel and plate". It has high-end products such as automobile plate, home appliance board, pickling plate, container plate, ship plate, zinc, aluminum and magnesium, heavy H-beam, railway vehicle materials, offshore oil platform H-beam, medium-sized mining steel, low-temperature steel, energy steel, high-speed wheels and so on. Widely used in aviation, railway, marine, automobile, home appliances, shipbuilding, construction, machinery manufacturing and other fields and national key projects, broad market prospects.

According to the main operating data released by Maanshan Iron and Steel Co., Ltd., the output of Maanshan Iron and Steel Co., Ltd. in 2021 reached 10.119 million tons, down 2.03% from the same period last year, and the sales volume reached 10.176 million tons, down 1.61% from the same period last year. Plate production reached 10.122 million tons, an increase of 8.7 percent over the same period last year, and sales volume reached 10.136 million tons, an increase of 8.92 percent over the same period last year. The output of wheels and axles reached 210000 tons, down 1.87% from the same period last year, and sales increased by 1.45% to 210000 tons.

In addition, the production of pig iron was 18.23 million tons, a decrease of 1.70% over the same period last year, mainly due to the overhaul of a 4000 cubic meter blast furnace of the company from September 15 to December 9, 2021; crude steel 20.97 million tons, the same as the same period last year, of which electric furnace steel output was 1.33 million tons, accounting for 6.3% of crude steel output; steel 20.45 million tons, an increase of 3.04% over the same period last year, a record high, mainly due to billet rolling and improving the capacity utilization of the rolling line.

Maanshan Iron and Steel Co.
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2021
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