China Medium and Heavy Plate Market Report, 2011-2012

【Abstract】：
 
In 2010, China's medium and heavy plate capacity was about 120 million tons and the output was only 57.62 million tons; the apparent consumption reached 55.09 million tons. A comparison between the capacity and output shows that the operating rates of some enterprises were very low in 2010, and industry consolidation and concentration improvement will be the main trends.

From January to August 2011, China's medium and heavy plate industry sold 3.6324 million tons of ultra heavy plates, up 24.16% year on year; 15.1482 million tons of heavy plates, up 12.74% year on year; 23.1046 million tons of medium plates, up 8.91 % year on year. The sales volume of ultra heavy plate grows significantly faster than those of the other two types, and the growth rate of medium plate has become limited.

According to a survey on the medium and heavy plate production lines of 28 companies, as of the end of 2010, there were three companies whose medium and heavy plate capacity exceeded 5 million tons, and their total capacity reached 19.10 million tons, accounting for about 15.92% of the total capacity of China. There were 15 companies whose medium and heavy plate capacity exceeded 2 million tons, and their total capacity reached 54.75 million tons, accounting for 45.63% of the total capacity. The survey results show that the concentration ratio of China’s medium and heavy plate industry needs to be further enhanced.

The report makes an in-depth analysis on the characteristics and development of China medium and heavy plate industry, elaborates on the output, sales volume, import and export, prices, and sheds light on the competitive pattern and key companies in the industry.

Medium and heavy plate business accounts for about 50% of the total revenue of Nanjing Iron and Steel (600282.SH). Currently, Nanjing Iron and Steel has a medium and heavy plate capacity of 3.80 million tons. Nearly 50% of the demand for medium and heavy plates lies in ship plates. Nanjing Iron and Steel is building a 4700mm heavy plate mill with the capacity of 1.60 million tons, which is expected to be put into production in June 2013. In H1 2011, the medium and heavy plate output of Nanjing Iron and Steel was 1.8026 million tons; the gross margin was 7.79%, down 1.17 percentage points year on year, mainly because the demand for ship plates was not huge.

Chongqing Iron & Steel (601005.SH) is the largest plate production base in western China. Its medium and heavy plate output was about 2.10 million tons in 2010, and is expected to be about 3 million tons in 2013.

Jinan Iron and Steel (600022.SH) will acquire Yinshan Profile Steel in the next two years. The main products of Yinshan Profile Steel include wide steel strips, wide and heavy plates, with one 4300mm wide heavy plate production line. Currently, Jinan Iron and Steel has a medium and heavy plate capacity of 5.50 million tons. In 2010, it sold 3.4625 million tons of medium and heavy plates, up 1.91% year on year; and it gained sales revenue of RMB12.36744 billion, up 6.24% year on year.

【Table of Contents】 

1. Definition

2. China Medium and Heavy Plate Industry
2.1 Features
2.2 Policy
2.3 Capacity
2.4 Output and Sales Volume
2.5 Price
2.6 Import and Export

3. Downstream
3.1 Shipbuilding
3.1.1 Ship Plate Supply
3.1.2 Ship Plate Demand
3.1.3 Ship Plate Price
3.2 Construction
3.3 Machinery Industry
3.4 Automobile Industry
3.5 Pressure Vessel

4. Leading Companies
4.1 Nanjing Iron and Steel Co., Ltd.
4.1.1 Profile
4.1.2 Operation
4.1.3 Medium and Heavy Plates
4.1.4 Outlook for 2012-2013
4.2 Chongqing Iron and Steel Company Limited
4.2.1 Profile
4.2.2 Operation
4.2.3 Medium and Heavy Plates
4.2.4 Outlook for 2012-2013
4.3 Sansteel Minguang Co., Ltd., Fujian.
4.3.1 Profile
4.3.2 Operation
4.3.3 Medium Plate
4.4 Jinan Iron and Steel Company Ltd.
4.4.1 Profile
4.4.2 Operation
4.4.3 Medium and Heavy Plates
4.5 Xinyu Iron and Steel Co., Ltd.
4.5.1 Profile
4.5.2 Operation
4.5.3 Medium and Heavy Plates
4.5.4 Outlook for 2012-2013
4.6 Hunan Valin Steel Co., Ltd.
4.6.1 Profile
4.6.2 Operation
4.6.3 Medium and Heavy Plates
4.6.4 Outlook for 2012-2013
4.7 Angang Steel Company Limited
4.7.1 Profile
4.7.2 Operation
4.7.3 Medium and Heavy Plates
4.7.4 Outlook for 2012-2013
4.8 Baoshan Iron and Steel Co., Ltd.
4.8.1 Profile
4.8.2 Operation
4.8.3 Wide and Heavy Plates
4.8.4 Outlook for 2012-2013
4.9 Liuzhou Iron and Steel Co., Ltd.
4.9.1 Profile
4.9.2 Operation
4.9.3 Medium Plate
4.10 Xinjiang Ba Yi Iron and Steel Co., Ltd.
4.10.1 Profile
4.10.2 Operation
4.10.3 Medium and Heavy Plates
4.11 SGIS Songshan Co., Ltd.
4.11.1 Profile
4.11.2 Operation
4.11.3 Medium and Heavy Plates
4.12 Maanshan Iron and Steel Co., Ltd.
4.12.1 Profile
4.12.2 Operation
4.12.3 Medium and Heavy Plates
4.13 Shougang Concord International Enterprises Company Limited
4.13.1 Profile
4.13.2 Operation
4.13.3 Wide and Heavy Plates
4.14 Hebei Iron and Steel Co., Ltd.
4.14.1 Profile
4.14.2 Operation
4.14.3 Medium and Heavy Plates
4.15 Shanxi Taigang Stainless Steel Co., Ltd.
4.15.1 Profile
4.15.2 Operation
4.16 Inner Mongolia Baotou Steel Union Co., Ltd.
4.16.1 Profile
4.16.2 Operation
4.17 CITIC Pacific Co., Ltd.
4.17.1 Profile
4.17.2 Operation
4.18 Gansu Jiu Steel Group Hongxing Iron and Steel Co., Ltd.
4.18.1 Profile
4.18.2 Operation
4.19 Wuhan Iron and Steel Co., Ltd.
4.19.1 Profile
4.19.2 Operation
4.20 Anyang Iron and Steel Inc.
4.20.1 Profile
4.20.2 Operation
4.21 Hebei Jingye Group
4.22 Hebei Puyang Iron and Steel Co., Ltd.
4.23 Jiangsu FeiDa Steel Plate Co., Ltd.
4.24 TISCO Linfen Iron and Steel Co., Ltd.
4.25 Henan Anyang Yongxing Steel Co., Ltd.
4.26 Jiangyin Changda Iron and Steel Co., Ltd.

【Figures & Tables】

Shipbuilding and Pressure Vessel
Policies on Medium and Heavy Plate
Capacity of Main Medium and Heavy Plate Mills in China
Output and Sales Volume of Medium and Heavy Plates in China, 2006-2011
Output of Medium and Heavy Plates in China by Product, 2008-2011
Sales Volume of Medium and Heavy Plates in China by Product, 2008-2011
Proportion of Medium and Heavy Plate Sales Modes in China (by Sales Volume), 2006-2011
Price of Medium and Heavy Plates in China, 2010-2011
Import and Export of Medium and Heavy Plates in China, 2008-2011
Number of Finished Ships, New Ship Order Intake and Ship Order Backlog in China, 2008-2011
Unit Steel Consumption of Ships by Model
Demand for Ship-use Steel in China, 2008-2012E
Demand for Ship-use Medium and Heavy Plate in China, 2011-2012E
Infrastructure Investment and Growth in China, 2001-2010
Sales Growth Rate of Construction Machinery (by Quarter) in China, 2011
Output and Growth Rate of Automobiles and Sedans in China, 2004-2011
Market Size and Growth Rate of Non-standard Pressure Vessels in China, 2007-2012
Operating Revenue and Total Profit of Nanjing Iron and Steel, 2008-2011
Proportion of Plate Operating Revenue in Total Operating Revenue of Nanjing Iron and Steel, 2009-2011
Medium and Heavy Plate Capacity of Nanjing Iron and Steel, 2011-2013
Medium and Heavy Plate Output and Sales Volume of Nanjing Iron and Steel, 2008-2010
Medium and Heavy Plate Operating Revenue and Gross Profit of Nanjing Iron and Steel, 2008-2011
Medium and Heavy Plate Output of Nanjing Iron and Steel, 2011-2013E
Production Lines of Chongqing Iron and Steel in Changshou New District (by the end of Aug 2011)
Operating Revenue and Total Profit of Chongqing Iron and Steel, 2008-2011
Operating Revenue Structure of Chongqing Iron and Steel by Product, 2009-2011
Plate Output, Sales Volume and Price of Chongqing Iron and Steel, 2009-2010
Plates Operating Revenue and Operating Cost of Chongqing Iron and Steel, 2009-2011
Medium and Heavy Plate Output of Chongqing Iron and Steel, 2011-2013E
Operating Revenue and Total Profit of Sansteel Minguang, 2008-2011
Proportion of Medium Plate Operating Revenue in Total Operating Revenue of Sansteel Minguang, 2009-2011
Output, Sales Volume and Price of Medium Plates of Sansteel Minguang, 2009-2011
Medium Plate Operating Revenue and Gross Profit of Sansteel Minguang, 2008-2011
Operating Revenue and Total Profit of Jinan Iron and Steel, 2008-2011
Operating Revenue Structure of Jinan Iron and Steel by Product, 2009-2011
Output, Sales Volume and Sales Revenue of Medium and Heavy Plates of Jinan Iron and Steel, 2008-2010
Operating Revenue and Total Profit of Xinyu Iron and Steel, 2008-2011
Operating Revenue Structure of Xinyu Iron and Steel by Product, 2009-2011
Medium and Heavy Plate Output of Xinyu Iron and Steel, 2006-2010
Medium Plate Operating Revenue and Operating Cost of Xinyu Iron and Steel, 2009-2011
Heavy Plate Operating Revenue and Operating Cost of Xinyu Iron and Steel, 2009-2011
Medium and Heavy Plate Output of Xinyu Iron and Steel, 2011-2013E
Operating Revenue and Total Profit of Hunan Valin Steel, 2008-2011
Operating Revenue Structure of Hunan Valin Steel by Product, 2009-2011
Wide and Heavy Plate Production Lines of Hunan Valin Steel
Wide and Heavy Plate Output of Hunan Valin Steel, 2011-2013E
Operating Revenue and Total Profit of Angang Steel Company Limited, 2008-2011
Operating Revenue Structure of Angang Steel Company Limited by Product, 2009-2011
Medium and Heavy Plate Operating Revenue and Operating Cost of Angang Steel Company Limited, 2009-2011
Medium and Heavy Plate Output of Angang Steel Company Limited, 2011-2013E
Operating Revenue and Total Profit of Baoshan Iron and Steel Co., Ltd., 2008-2011
Operating Revenue Structure of Baoshan Iron and Steel by Product, 2009-2011
Sales Volume, Operating Revenue, Operating Cost and Gross Margin of Wide and Heavy Plates of Baoshan Iron and Steel, 2009-2011
Wide and Heavy Plate Output of Baoshan Iron and Steel, 2011-2013E
Operating Revenue and Total Profit of Liuzhou Iron and Steel, 2008-2011
Operating Revenue Structure of Liuzhou Iron and Steel by Product, 2009-2011
Medium and Heavy Plate Operating Revenue and Operating Cost of Liuzhou Iron and Steel, 2009-2011
Operating Revenue and Total Profit of Xinjiang Ba Yi Iron and Steel, 2008-2011
Medium and Heavy Plate Operating Revenue and Operating Cost of Xinjiang Bayi Iron and Steel, 2009-2011
Operating Revenue and Total Profit of SGIS Songshan, 2008-2011
Medium and Heavy Plate Output of SGIS Songshan, 2005-2010
Operating Revenue and Total Profit of Maanshan Iron and Steel, 2008-2011
Proportion of Plate Operating Revenue in Total Operating Revenue of Maanshan Iron and Steel, 2009-2011
Medium and Heavy Plate Sales Volume and Price of Maanshan Iron and Steel, 2012-2013E
Revenue and Profit of Shougang Concord International Enterprises, 2009-2011
Wide and Heavy Plate Output and Sales Volume of Shougang Concord International Enterprises, 2009-2011
Operating Revenue and Total Profit of Hebei Iron and Steel, 2008-2011
Operating Revenue and Total Profit of Shanxi Taigang Stainless Steel, 2008-2011
Operating Revenue and Total Profit of Inner Mongolia Baotou Steel Union, 2008-2011
Operating Revenue Structure of Inner Mongolia Baotou Steel Union by Product, 2009-2011
Special Steel Turnover and Profit of CITIC PACIFIC, 2008-2010
Operating Revenue and Total Profit of Hongxing Iron and Steel, 2008-2011
Operating Revenue and Total Profit of Wuhan Iron and Steel, 2008-2011
Operating Revenue and Total Profit of Anyang Iron and Steel, 2008-2011
Operating Revenue and Total Profit of Hebei Jingye Group, 2008-2009
Operating Revenue and Total Profit of Hebei Puyang Iron and Steel, 2008-2009