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High-yield and low profits will continue throughout the steel industry during the "12th five-year p by double shu





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High-yield and low profits will continue throughout the steel industry during the "12th five-year p by
Article Posted: 01/10/2012
Article Views: 84
Articles Written: 88
Word Count: 697
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High-yield and low profits will continue throughout the steel industry during the "12th five-year p


 
Business News,Business Opportunities,Import - Export
A few days ago, during the “12th five-year plan” guiding the development of China's steel industry documents "12th five-year plan" development plan of steel industry " officially released. "Plan" mainly clarify that the steel industry development strategy and objectives, a clear development priorities, the optimal allocation of resources to guide the market for iron and steel industrial restructuring and upgrading of the deployment. "Plan" had defined the iron and steel industry "12th five-year plan " period of development goals: at the end of the "12th five-year plan ", the steel industry made significant progress in restructuring, basically create a more rational distribution of productive forces, the quality of basic iron and steel meet the volume and variety of the national economy development needs, the initial realization of the steel industry from large to strong changes.

The “12th five-year plan documents” related to the contents of a broader range, pointed out the major problems currently facing, including: 1, variety, quality urgent need to upgrade; 2, the slow progress of layout adjustment; 3, energy, environment, materials bound to enhance; 4, independent innovation is not strong. Consumption of crude steel in 2015 was predicted, use industry consumer research methods, regional consumption balance method, consumption coefficient and regression analysis to have a three integrated forecasting, 2015, domestic guide consumption of crude steel pipe will be about 7.5 million tons.

It is worth noting that this data object is oriented consumption, is not the apparent consumption and the actual output. According to the industry generally expected, this year's crude steel production would soon reach 700 million tons, compared to total 627 million tons by 2010 speed significantly, the overall excess capacity of the sword is still hanging Dharma Aires head. Integrated use of the law of value and administrative means to resolve the problem even when the session is still the government had to face the next challenge.

Meanwhile, in order to achieve the change from large to strong, the “12th five-year plan” made a series of specific objectives, including: 1, originally mainly relied on imports of silicon steel, axle steel and other high-end varieties with more than 400 MPa high strength twisted steel bar had self-sufficiency rate more than 80%; 2, weed out of below 400 cubic meters blast furnace (excluding cast iron), 30 tons and below converter and electric furnace, and made a series of emissions and energy efficiency targets; 3, industrial restructuring and overcapacity blind expansion of the region to be inhibited , built in Zhanjiang, Fangcheng harbor steel base, fundamentally solute the "North-South transport of steel" problem; 4, the basic establishment of shared interests in iron ore, coal, iron and steel industry of the original fuel security system, the new iron ore production capacity of 100 million overseas tons; 5, focusing on corporate R & D investment accounted for the main steel business revenues more than 1.5%, widely used and efficient production and energy conservation and other key technologies; 6, a substantial increase in industrial concentration, the top 10 domestic steel enterprises of Steel Enterprise Group take the proportion of the national total output from 48.6% to 60%.

Overall, the above six initiatives were mentioned the current domestic steel tube situation urgent need to address the problem, but to the actual operation is quite difficult to achieve target, high-end product transition, re-planning of industrial layout, strengthen R & D etc require significant capital investment, profit margins have been lower than the banks of the deposit interest rates over the same period, in terms of the burden of China's steel industry is not really light. In the background of downstream wild squeezing the upstream raw material profit margins, during the "12th five-year plan" period, the domestic steel industry’s low profit, high production and low growth rate will continue throughout the keynote.

Ontrend Industrial Limited Steel Bars produced by high mechanical strength, good ductility, toughness, cold resistance and weld ability, are widely used in large and medium-sized steel reinforced concrete structure of the force. Also includes a series of production of Tinplate, ERW Steel pipe and other products, the company solemn promise of “perfect quality, low prices, excellent service” to provide users with quality service.

Related Articles - steel pipe, high strength twisted steel bar, steel tube, steel industry, the "12th five-year plan", China, domestic,

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