Information Details


On January 26, 2022, our company successfully signed a contract for the procurement and installation of a waste heat recovery system for the riser pipes of two 53‑cell, 6.25‑meter coke ovens, as part of the comprehensive utilization project involving the dry distillation processing of 1.16 million tons of coal undertaken by Linyi Gangtou New Energy Co., Ltd.

Release date:

2022-02-28

2022 year January 26 On [date], our company and Linyi… Steel Investment New Energy Co., Ltd. has successfully signed a contract. Linyi Gangtou New Energy Co., Ltd. Comprehensive utilization of 1.16 million tons of coal through dry distillation processing 2 × 53 holes, 6.25 meters Procurement and Installation Project for the Coke Oven Risers Waste Heat Recovery System Purchase Contract

 

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April Market Overview and Operational Dynamics of the Coking Industry

According to economic data released by the National Bureau of Statistics, in April, the value added of industrial enterprises above designated size increased 4.1% year on year and 0.05% month on month; total retail sales of consumer goods reached RMB 3.7247 trillion, up 0.2% year on year; nationwide fixed asset investment (excluding rural households) declined 2.36% month on month; profits of industrial enterprises above designated size rose 24.7% year on year; as of the end of April, accounts receivable for such enterprises stood at RMB 27.44 trillion, up 7.2% year on year, while finished goods inventories totaled RMB 6.95 trillion, an increase of 6.7%. From January to April, the value added of industrial enterprises above designated size grew 5.6% year on year; total retail sales of consumer goods amounted to RMB 16.4941 trillion, up 1.9% year on year; nationwide fixed asset investment (excluding rural households) reached RMB 14.1293 trillion, down 1.6% year on year; and the total profits of industrial enterprises above designated size totaled RMB 2.43584 trillion, up 18.2% year on year. Among these, the ferrous metal smelting and rolling industry (the steel sector) reported total profits of RMB 7.58 billion, a 51.5% year-on-year decline, while the petroleum, coal, and other fuel processing industry (including coking) posted total profits of RMB 40.42 billion, compared with a loss in the same period last year.