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The 12th Five-Year Plan of the Iron and Steel Industry encourages steel companies to buy mines and build steel plants abroad
- Categories:Industry News
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- Time of issue:2011-12-15 15:22
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(Summary description)Yesterday, the website of the Ministry of Industry and Information Technology published an interpretation article on the "Twelfth Five-Year Plan" for steel. The article shows that the supervisors have made subtle changes in their attitudes and challenges to the steel industry during the 12th Five-Year Plan period. As for the development of high-end steel varieties, the plan also seems to show a clear bias, hoping to focus on the development by a few capable companies instead of swarming.
The 12th Five-Year Plan of the Iron and Steel Industry encourages steel companies to buy mines and build steel plants abroad
(Summary description)Yesterday, the website of the Ministry of Industry and Information Technology published an interpretation article on the "Twelfth Five-Year Plan" for steel. The article shows that the supervisors have made subtle changes in their attitudes and challenges to the steel industry during the 12th Five-Year Plan period. As for the development of high-end steel varieties, the plan also seems to show a clear bias, hoping to focus on the development by a few capable companies instead of swarming.
- Categories:Industry News
- Author:
- Origin:
- Time of issue:2011-12-15 15:22
- Views:
Information
Yesterday, the website of the Ministry of Industry and Information Technology published an interpretation article on the "Twelfth Five-Year Plan" for steel. The article shows that the supervisors have made subtle changes in their attitudes and challenges to the steel industry during the 12th Five-Year Plan period. As for the development of high-end steel varieties, the plan also seems to show a clear bias, hoping to focus on the development by a few capable companies instead of swarming.
Encourage multi-use of imported ore
In 2010, China's iron ore import source countries reached 40 (increased to 63 in 2011), with an import volume of 618 million tons, accounting for 67% of total iron ore consumption, an increase of nearly 32 from ten years ago. percentage point. Earlier, China ’s iron ore dependence of more than 60% was repeatedly mentioned as an industry flaw. The China Iron and Steel Association once called on steel companies to suspend the use of imported ore to regain some of the right to speak in the iron ore negotiations. However, at present, the attitude of relevant departments has changed.
The interpretation document mentioned that the "Planning" put forward new ideas, taking into account the characteristics of China's low-grade iron ore resources, poor endowment, and high mining costs. From the perspective of resource internationalization and energy conservation and emission reduction, the use of imported ore is "correct and "Inevitable" and "importation should be encouraged rather than a problem."
According to the plan, the real problem lies in the fact that Chinese iron and steel enterprises have no say in the pricing of imported ore. The key to solving this problem is to encourage iron and steel enterprises to go global. Steel is coming in.
This means that in the next five years, China's steel companies will participate more and more frequently in the acquisition and integration of international resource projects, and further expand the industrial chain abroad to realize capacity transfer.
Delineation of high-end steel varieties
加大 Increasing research and development and application of high-end steel products is another important task of the steel industry during the 12th Five-Year Plan period. The “Twelfth Five-Year Plan” focused on the production and promotion of high-strength automotive steel, marine corrosion-resistant steel, low-temperature pressure vessel plates, and high-strength rebar, but emphasized that homogeneous competition in high-end varieties should be prevented.
The interpretation file specifically takes automobile steel as an example. The document mentions that currently "70% -80% of the market is occupied by Baosteel and foreign companies, and other companies can only compete in the remaining relatively low-end markets, which is less profitable." In response to this phenomenon, the Plan proposes “encouraging a few powerful steel companies to differentiately develop high-end steel products” to prevent the development of high-grade homogeneity.
For the two development directions mentioned in the plan, Wuyang Iron and Steel, a subsidiary of Hebei Iron and Steel Group, is the only manufacturer in China that has the ability to produce finished steel plates and has passed the classification society certification. The number of manufacturers of high-strength rebar is large. The emphasis and guidance of the plan on "differentiated competition" may mean that policy preferences will be given to companies that already have advantages in the future.
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