The first half of the industry’s overall stable operation in the second half of the need to pay attention to business risks

 July 29, "China Metallurgical News" reporter learned from the China Iron and Steel Industry Association six six council (enlarged) meeting was informed that in the first half of this year, in the face of a variety of difficulties, the steel enterprises to withstand the pressure, stabilise the situation, the industry’s operation has not appeared in last year’s sharp turnaround, and the overall situation remains stable.

  The meeting also pointed out that at the end of June, the assets and liabilities ratio of member steel enterprises was 62.8%, up 0.8 percentage points year-on-year; accounts receivable increased by 1.26 billion yuan year-on-year, an increase of 0.8%. Although the increase in accounts receivable and asset-liability ratio of the member enterprises of the Steel Association is within the controllable and expected range, it reflects to some extent the increase in business risks, which is worth paying attention to.