China's steel enterprises pay more for iron ore
- By Yang Xi
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China.org.cn, August 1, 2011
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Chinese firms spent US$16.017 billion more on iron imports in the first six months of 2011 than they did a year before. |
| China's steel enterprises pay more for iron ore |
上半年鐵礦石漲四成 中國鋼鐵業多付160億美元 |
| China steel makers have taken a hit this year as rising international iron ore prices have them shelling out more for the prized metal. | 由于國際市場上鐵礦石的價格大漲，為此，中國鋼鐵企業要為進口鐵礦石支付更多。 |
| Chinese firms spent US$16.017 billion more on iron imports in the first six months of 2011 than they did a year before, Economic Information reported on Monday. | 據《經濟參考報》報道，由于鐵礦石價格大幅上漲，上半年我國鋼鐵行業進口鐵礦石多支出160.17億美元。 |
| The average price of imported ore reached a record high of US$160.89 per ton in the first half of this year, up 42.41 percent from a year before. | 上半年進口鐵礦石平均到岸價格為每噸160 .89美元，創歷史最高水平，比去年同期漲幅42.41%。 |
| Meanwhile, China maintained its spot as the world's biggest consumer of the rocks, importing 334.25 million tons, 25.18 million tons more than last year, according to Chinese customs statistics. | 同時，據海關統計，中國上半年進口鐵礦石33425萬噸，同比增加2518萬噸。 |
| The average profit margin of Chinese steel enterprises was only 3.14 percent, much lower than the average industrial firm in China and even below the interest rate on bank deposits, statistics released by the China Iron & Steel Association show. | 從中鋼協最新數據來看，上半年納入到鋼協統計的會員企業銷售利潤率僅僅為3.14%。但是這一數據遠低于“全國工業企業6.2%的利潤率”這一平均水平，甚至不及一年期3.25%的銀行利率。 |
| "Chinese steel companies are facing more difficulties doing business due to price hikes of iron ore. Companies are reporting tiny profits," said Zhu Jimin, head of China Iron & Steel Association and chairman of Shougang Group. | “由于進口鐵礦石價格大幅上漲，致使企業生產經營更加困難，鋼鐵企業仍處于低效益狀態?！敝袊撹F工業協會會長、首鋼集團董事長朱繼民稱。 |
China's business press carried the story above on Monday.
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