The new trend of "steel demand" promotes the steel industry to improve quality and efficiency


Time:

2022-07-28

As a basic industry of the national economy, China's steel industry moved forward steadily in the first three quarters of this year, showing resilience in development

As a basic industry of the national economy, China's steel industry moved forward steadily in the first three quarters of this year, showing resilience in development

Crude steel output was 795 million tons, up 1.7% year-on-year; Monthly steel production and consumption fluctuate less than the previous two years; The industry as a whole has remained profitable in each month, and the industry profits have been rising month by month since June.

Jiang Wei, vice president and secretary-general of the China Iron and Steel Industry Association, said that China's steel industry maintained a stable operation in the first three quarters, and actively explored the market and continuously accumulated new momentum for the development of the industry in the context of facing multiple challenges.

From the demand side, the market and policy dual "drive", focus on expanding steel demand.

"In the first three quarters of this year, the demand for steel used in domestic manufacturing has risen, becoming one of the main driving forces supporting the growth of steel production." "Jiang Wei said.

The reporter noted that on the one hand, the smooth operation of the manufacturing industry has become an important support for "steel demand". In the first three quarters, 27 of the 41 industrial categories maintained year-on-year growth in added value. Especially in September, the growth trend of many industries such as "downstream" machinery and automobiles is obvious, which lays a solid foundation for the smooth operation of the "upstream" steel industry.

On the other hand, the vigorous development of strategic emerging industries continues to expand the "steel demand" market and promote the optimization and upgrading of steel variety structure.

As a representative of strategic emerging industries, new energy vehicles have a strong momentum of development. Data from the Ministry of Industry and Information Technology show that in the first three quarters, the production and sales of new energy vehicles in China completed 6.313 million and 6.278 million, respectively, up 33.7% and 37.5% year-on-year.

Zhang Longqiang, president of the Metallurgical Industry Information Standards Research Institute, said that the production of new energy vehicles in China has increased significantly, significantly boosting the demand for new energy vehicle body steel and non-oriented silicon steel. At the same time, in order to continuously reduce energy consumption and increase driving range, the lightweight of new energy vehicles has higher requirements for high-strength automotive steel and high-magnetic induction and high-energy non-oriented silicon steel.

At present, the transformation and upgrading of traditional industries and the rapid development of strategic emerging industries have put forward higher requirements for comprehensive properties such as steel strength, toughness, high temperature and low temperature resistance, and fatigue life, and the potential of new steel demand has been continuously released.

Relevant departments have introduced policies and measures to promote the upstream and downstream supply and demand docking of the steel industry. In August this year, seven departments including the Ministry of Industry and Information Technology jointly issued the Work Plan for the steady growth of the Steel Industry, proposing the implementation of technological innovation and transformation actions, steel consumption upgrading actions, supply capacity improvement actions and leading enterprise cultivation actions, focusing on expanding steel demand and ensuring the stable and efficient operation of the industry.

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