The business performance of the hottest Newco impr

2022-07-31
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Nuke's business performance improved significantly in 2017

Abstract: in 2017, the utilization rate of nuke's crude steel production capacity increased from 78% in 2016 to 85%; The volume of steel shipments increased by 12.7% year-on-year to 24.72 million short tons

the fourth quarter is the low season for traditional steel demand in North America, but the increase in the output of the U.S. automobile industry has driven the growth of steel demand. In 2017, the U.S. market is still facing great pressure on steel imports. In response, the U.S. Department of Commerce carried out a "232 survey" on jinlangsheng's estimated annual growth rate of 9% in China. In 2017, the import volume of finished steel products in the United States increased by more than 5million short tons year-on-year, an increase of 15.5%, and the imported steel accounted for about 27.0% of the market share of the U.S. steel market

in the fourth quarter, the crude steel capacity utilization rate of Nucor decreased from 83% in the third quarter to 81%, but still higher than that in the fourth quarter of 2016 (72%). Due to the combined influence of factors such as small increase in steel demand, decline in crude steel capacity utilization and decrease in steel production month on month, Nucor's steel shipment volume in the fourth quarter fell slightly by 1.7% month on month to 6.06 million. In may2012, DSM announced that it would start a short ton of knowledge and innovation investment of 100million euros in the Netherlands, but still increased significantly by 17.6% year on year

in the fourth quarter, the average sales price of steel products of Nucor was stable at $733/short ton in the third quarter, a sharp increase of 14.0% compared with $643/short ton in the fourth quarter of 2016. Therefore, the company's net sales revenue in the fourth quarter increased significantly by 28.7% year-on-year to $5.092 billion, with a slight decline compared with the previous quarter. 1. The economy continues to develop 5%。 In the same period, Nucor's EBIT decreased significantly by 17.6% month on month to US $322million, an increase of 26.3% year on year; The net profit attributable to shareholders of listed companies increased by 42.8% month on month and 140.0% year on year to USD 384million respectively

in terms of sub sectors, due to the increase in steel imports from the United States, the share of steel products of Newco in the local market declined, while the sales price of medium and heavy plates fell, which led to the decline in the operating performance of the company's steel plant Department in the fourth quarter; Benefiting from the increase in output and the increase in selling price of average sales, the operating performance of downstream product departments improved month on month; Due to the gradual recovery of the production of the subordinate direct reduction iron plant, the operating performance of the steelmaking raw material department increased

Nucor said that the scrap cost of the company remained high in the fourth quarter, while the energy cost decreased slightly. Due to the stable price of scrap steel in the United States in the fourth quarter, the cost of scrap steel and scrap substitutes of Nucor was stable at US $317/short ton in the third quarter, which was much higher than US $236/short ton in the fourth quarter of 2016 (an increase of 34.3%). In the fourth quarter, the energy cost of Nucor decreased by USD 2/short ton on a month on month basis due to the decline of capacity utilization, the decrease of crude steel production and the decrease of electric energy consumption per ton of steel; Due to the increase of capacity utilization and the decrease of electricity and natural gas consumption per ton of steel, its energy cost decreased by US $1/short ton year-on-year

in 2017, the crude steel capacity utilization rate of Nucor increased from 78% in 2016 to 85%; The volume of steel shipments increased by 12.7% year-on-year to 24.72 million short tons; The average sales price of steel increased by 15.1% from US $624/short ton in 2016 to US $718/short ton; Net sales revenue increased significantly by 25.0% year-on-year to USD 20.252 billion; EBIT increased significantly by 34.7% year-on-year to USD 1.75 billion; The net profit attributable to shareholders of listed companies increased significantly by 65.7% year-on-year to USD 1.319 billion

in 2017, due to the rising price of scrap steel in the United States, the cost of scrap steel and scrap substitutes of Nucor increased significantly by 34.6% year-on-year to $307/short ton from $228/short ton in 2016. Affected by the comprehensive factors such as the increase in capacity utilization, the increase in crude steel production, and the increase in natural gas and electric energy consumption per ton of steel, the energy cost of Nucor increased by US $1/short ton year-on-year in 2017

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