China FAMOUS Steel Engineering Company Company News

According to the Ministry of Industry and Information Technology on October 28th, the Ministry of Industry and Information Technology pointed out in the reply to the proposal of the 14th National People's Congress Second Conference No. 7404 that the next step will support the development of the special steel industry from the following aspects. The first is to consolidate steel production capacity. In the second half of 2019, the Ministry of Industry and Information Technology will jointly carry out the development and reform commissions and other departments to carry out supervision and inspections to eliminate backwardness and resolve excess capacity, and maintain a high pressure on the illegal production of steel production capacity. The second is to do a good job in industry normative management. Continuously improve the industry management methods and methods, and start to revise the industry standard management methods in a timely manner in response to the new situation and new requirements, continue to do dynamic management of industry norms, and maintain a fair market environment for the steel industry. The third is to guide the development of short-process steelmaking. To study and formulate guidelines for guiding the development of short-process steelmaking, and strengthen the development of scrap steel resource protection system, reduce the cost of electricity, and encourage financial institutions to support advanced special steel enterprises that use short-process steelmaking to guide the development of electric furnace steel in an orderly manner. Special steel enterprises improve their market competitiveness. The fourth is to promote the development of new steel materials. With the new steel materials as the starting point, the special steel enterprises will be guided to participate in the construction of new steel material platforms. Through the upstream and downstream cooperation of the industrial chain, the problem of “card neck” of some key steel materials will be accelerated and the development of special steel industry will be promoted.

From January to September 2019, the country's crude steel output continued to grow, but due to changes in market supply and demand conditions and changes in raw fuel prices, the efficiency of steel companies fell compared with the same period last year. The basic situation of the operation of the steel industry is as follows. (1) Crude steel production maintained growth. According to the National Bureau of Statistics, the output of pig iron, crude steel and steel in the country from January to September was 61.203 million tons, 74.782 million tons and 909.31 million tons, respectively, up 6.3%, 8.4% and 10.6% respectively. (2) Steel exports continued to decline. According to the data of the General Administration of Customs, from January to September, the country exported a total of 50.305 million tons of steel, down 5.0% year-on-year; the cumulative import of steel products was 8.751 million tons, down 12.2% year-on-year. (3) Steel prices fluctuate downward. According to the China Iron and Steel Association, the average China steel price index for January-September was 108.58 points, down 7.17 points year on year, or 6.2%. Since the beginning of May this year, the China Steel Price Composite Index has been oscillating downwards, rising by 1.3% from the end of September, but still down 12.8% year-on-year. (4) The company's efficiency decreased year-on-year. From January to September, members of the China Iron and Steel Industry Association achieved sales revenue of 3.18 trillion yuan, a year-on-year increase of 11.6%; realized profits of 146.6 billion yuan, down 32.0% year-on-year; sales profit margin was 4.6%, down 3.0 percentage points from the same period of the previous year. (5) The overall inventory of steel products has decreased. The social stocks of five kinds of steel (rebar, wire, hot rolled coil, cold rolled coil, medium and heavy plate) in major cities across the country reached a peak of 16.45 million tons at the end of February, and fell to 12.19 million tons at the end of June, after which it fluctuated slightly. After the recovery, by the end of September, the social inventory was 13.31 million tons, a decrease of 5.1% from the previous month. (6) Imported ore prices fell back. According to data from the General Administration of Customs, imported iron ore from January to September was 784 million tons, down 2.4% year-on-year. Imported iron ore prices reached a peak of 119.51 US dollars / ton in the first two years in early July. Due to factors such as the increase in iron ore supply and the slowdown in steel production growth, the price of imported iron ore fell back. At the end of September, the price of imported iron ore was 91.4 US dollars. / ton, still at a high level.

BEIJING, Oct. 24 (Xinhuanet) -- Comprehensive Hong Kong media reported that the world's longest cross-sea bridge, the 55-kilometer Hong Kong-Zhuhai-Macao Bridge, was opened to the first anniversary today. In the past year, the flow of bridges has met the expectations, and the three places have continuously promoted the vehicle quota plan and innovated the border check mode. The convenience of transportation also spurs the “one-way multi-station” tourist route, and the industry is generally optimistic about the “bridge heat”.

China Baowu Iron and Steel Group Co., Ltd. (hereinafter referred to as China Baowu) announced on the 17th that China Baowu is actively integrating into the low-carbon transformation of the global steel industry. China Baowu is the number one steel company in China and the second in the world. In December 2016, “Wugang”, the first large-scale iron and steel enterprise in New China, and “Baosteel”, a large-scale steel enterprise built in the early days of China’s reform and opening up, were reorganized into China’s Baowu. In September 2019, China Baowu and Maanshan Iron and Steel Group signed a restructuring agreement. After the restructuring of “BMW”, the total output will account for about 9.4% of China's crude steel production. Chen Derong, chairman of China Baowu, said that the low-carbon transformation of global steel requires the active participation and active action of Chinese companies. China's steel production accounts for 50% of the world's total. China's huge production capacity can provide sufficient market demand and application scenarios for global steel low-carbon process and technological innovation, and provide guarantee for maximizing the benefits of green technology innovation. At the recent Worldsteel Executive Council meeting in Monterrey, Mexico, China Baowu issued an initiative to establish the “Global Green Low Carbon Metallurgy Alliance”. Chen Derong said that China Baowu is willing to invest heavily in green innovation resources - to set up a low carbon metallurgy innovation research center and to build a "low carbon metallurgy technology innovation fund" to support the operation of the "global green low carbon metallurgy alliance". "In the long-term practice, we deeply understand that the green transformation is a subversive revolution of the traditional steel value chain. The non-industry can be completed, and the joint efforts of steel enterprises and upstream and downstream enterprises in the industrial chain are needed." Chen Derong said.

On October 15, 2019, at the World Steel Association 2019 Annual Conference held in Monterrey, Mexico, Yu Yong, Party Secretary and Chairman of the Hegang Group, became the new chairman of the World Steel Association. When Yu Yong was employed, he said: Steel is the most widely used metal material with the highest recycling rate. It is the foundation and guarantee of industrialization. It has made an indelible contribution to the progress of human civilization. In the digital age, steel has brought together the most advanced technological forces and the most innovative elements in the world today. “Green, materials, wisdom, globalization” will be the theme of the development of the steel industry. As the new chairman, he will continue to work hard to promote the sustainable development of the world steel industry, promote exchanges and cooperation in the industry, strengthen industry development and innovation, and work together to provide the society with more environmentally friendly and intelligent steel materials, so that the world continues Innovative steel is better.

Our company exported a number of Comflor Metal Floor Decking to Papua New Guinea last month. Our company has complete Metal Floor Decking forming machine equipment, which can meet the requirements of customers and manufacture of all types of Metal Floor Decking for production. Our company has produced and exported tens of tons of Metal Floor Decking to all parts of the world, so the quality of our products is absolutely guaranteed, you can purchase with confidence. If you have the needs of Metal Floor Decking, welcome your inquiry, we will definitely provide you with the best quality service.

The history of the development of the new China's steel industry is a grand history of iron and steel entrepreneurship in a big country. It describes the transformation of China's steel from small to large, from weak to strong, and increasingly toward the center of the world stage. In 1949, China's steel output was only 158,000 tons, which was less than the half-day steel production in the United States. In 2018, steel output reached 928 million tons, occupying half of the world's mountains, effectively supporting the national economy and national defense modernization, and growing for China. The world’s second largest economy has made a great contribution. Nowadays, China's steel technology, equipment and management have achieved overall output. The heads of industry international organizations have begun to have Chinese figures. China's steel international exchanges have become increasingly frequent, international cooperation has deepened, and its international status has continuously improved. The history of the development of the new China's steel industry is a history of the great country's steel and steel that has been constantly exploring and constantly breaking through. Looking back on the 70-year development track of the steel industry, Chinese steelmakers have created many typical experiences of reform and management innovation. "Angang Steel Constitution" was highly praised by Chairman Mao; Shougang Contracting System, WISCO's quality and efficiency roads, "Shangang Experience", Angang's "high starting point, low input, fast output, high efficiency" technological transformation of old enterprises, Baosteel's modern enterprise management and other well-known national advanced experiences are spliced ​​into a page of Guanghua's in the history of China's reform and opening up. Especially since the 18th National Party Congress, the iron and steel industry has actively promoted supply-side structural reforms, and made breakthroughs in resolving excess capacity... institutional reform, state-owned enterprise reform, three institutional reforms, modern enterprise system reform, and continuous innovation in corporate management. , further stimulated the vitality of steel companies. The history of the development of the new China's steel industry is a history of steel innovation in a big country that learns, catches up, and leads internationally advanced technologies. In the first 30 years after the founding of New China, China's steel industry relied on self-reliance and hard work, and initially established a relatively complete steel industry system. Since the reform and opening up, through the introduction, digestion, absorption, integration of innovation and independent innovation, the equipment and technology level rank among the world's first, self-designed and constructed steels such as Anshan Steel Bayuquan, Shougang Jingtang, Baosteel Zhanjiang, Shangang Rizhao, Liugang Fangchenggang, etc. The base has also risen on the shore of the sea, marking the new height of China's steel industry's independent design, manufacturing, engineering construction and mastering the use of new technologies. The Chinese steel industry, which is good at learning, will surely accumulate and develop its own source technology to lead the future sustainable development of the world steel industry. The history of the development of the new China's steel industry is a history of hard work and hard work. From "old hero" "Blast Guardian" Meng Tai, "Walk in front of time" Wang Chonglun, to "working class master" Li Shuangliang, "Chinese intellectuals' brilliant example" Zeng Le, to the state-owned enterprise reform "Shangang experience" Liu Hanzhang, the creator and the pioneer of the 40th anniversary of reform and opening up, went to the national moral model, “Contemporary Lei Feng” Angang Gang Guoyi, and then “Time Model” Li Chao, “One Belt and One Road” outstanding representative, “Time Model” Hegang Steel Management Team, Generations and generations of steel labor models have been passed down from generation to generation, and they have continued to lead the millions of steel giants with great labor model spirit and cast the brilliance of China's steel industry. 70 years old, 70 years of hard work, 70 years of brilliant. The "Shenzhou" spacecraft cruises the space, the Olympic venues are stunning in the world, the 歼20 fighters fly in the blue sky, the Hong Kong-Zhuhai-Macao Bridge connects the three places, and the domestic aircraft carrier sea trial is about to enter... Every key project, every "big country heavy weapon" has no one Not to interpret the role and contribution of steel, all of them are not to mention the dedication and glory of the Iron Man.

"From January to August this year, under the background of China's stable economy, China's steel industry has shown a good operating trend, but external uncertainties have brought some downward pressure on the development of the industry." China Iron and Steel Industry The vice president of the association, Qu Xiuli, said in the 2019 (ninth) Asian Steel Forum in Shanghai that the Chinese steel market is currently in a weak balance. Driven by domestic demand, China's steel output maintained a relatively high growth rate in the first eight months, and steel, iron and steel production increased by 9.1%, 6.9% and 11% respectively. During the same period, China's steel prices fell by 5.3% year-on-year. "The supply and demand side of China's steel market is still in a weak balance. In the case of high production, the market's expectation of contradiction between supply and demand is strengthened." Qu Xiuli said that from the monitoring of member companies of the Iron and Steel Association, the profit of the first seven months It is on a downward trend. From the perspective of import and export, China's steel exports have declined for the fourth consecutive year. In the first eight months of this year, China's steel exports were 449.74 million tons, down 4.4% year-on-year, and steel imports fell 12.8% year-on-year. Qu Xiuli believes that the decline in steel exports this year is related to the international economic downturn and the increase in China's domestic demand. 2019 is the fourth year of China's supply-side reform. In 2016-2018, the domestic steel market is in a state of relatively tight supply and demand, and the price operation is mainly driven by changes in the supply side of steel. With the deepening of the supply-side reform, the industry chain profits will be redistributed in 2019, steel prices will fluctuate in a narrow range, and corporate profits will return. Ren Xueqian, a senior researcher at Mysteel, believes that China's steel industry will usher in the peak period of layout optimization and restructuring from 2019 to 2020. The supply of high-quality capacity will expand, supply-side reform will force low-efficiency capacity to clear, and steel companies' debt ratio will gradually decline. China's steel industry will move toward a high-quality green development stage. Qu Xiuli said that the current development of China's steel industry mainly faces three difficulties and problems: First, environmental protection requirements are becoming more and more strict, and corporate cost pressure is high; second, international trade protection is increasing, global economic growth is slowing, and external demand is insufficient; Third, the price of raw materials rose, and the profit margin of enterprises narrowed. Looking ahead to the steel market, Ren Zhuqian believes that in the second half of this year, China's infrastructure investment will gradually improve and provide support for steel demand. The supply and demand of steel will shift from tight balance to relatively loose supply, while export demand will remain flat, and the whole society's inventory will enter the stage of accumulation. At the same time, the cost of steel has moved down a step, and in the future or under the current stage of shock operation, the profit of steel production enterprises will return in the second half of the year, regional differences are obvious. "Steel is one of the pillar industries of the national economy. There are still many opportunities. It is hoped that all parties concerned will strengthen exchanges and cooperation and jointly promote the sustainable and healthy development of the industry." Qu Xiuli said that in the next step, the steel industry should deepen the supply-side structural reform. Promote industrial restructuring; improve quality and service to meet higher requirements in the downstream market; adhere to the concept of low-carbon green development, achieve integration and coexist; optimize resource allocation and enhance sustainable operational capabilities.

According to the National Bureau of Statistics, the average daily output of crude steel in China was 2.815 million tons in August 2019. The average daily output of pig iron in August was 2.296 million tons. The average daily output of steel in August was 3.432 million tons. In August 2019, China's pig iron production was 71.17 million tons, up 7.1% year-on-year; from January to August, pig iron production was 547.71 million tons, up 6.9% year-on-year. In August 2019, China's crude steel output was 87.25 million tons, up 9.3% year-on-year; from January to August, crude steel output was 664.87 million tons, up 9.1% year-on-year. In August 2019, China's steel output was 106.39 million tons, up 9.8% year-on-year; from January to August, steel output was 803.67 million tons, up 11.0% year-on-year. In August 2019, China's coke output was 40 million tons, up 4.6% year-on-year; from January to August, steel output was 314.77 million tons, up 6.7% year-on-year.

Minister of Industry and Information Technology, Miao Wei, said at the press conference of the State Council Office on the 20th that in 2018, China's industrial added value exceeded 30 trillion yuan, and the output of more than 220 industrial products ranked first in the world. Miao Wei pointed out that since the founding of the People's Republic of China 70 years ago, especially since the reform and opening up, China's industry has achieved a historic leap. In 1992, China's industrial added value exceeded the 1 trillion yuan mark, and by 2018 it broke through 30 trillion yuan. In 2018, China's manufacturing added value accounted for more than 28% of the world's share, becoming an important engine driving global industrial growth. Among the more than 500 major industrial products in the world, more than 220 industrial products account for the largest production in China. He said that China attaches great importance to the construction of industrial systems. After 70 years of development, it now has 41 industrial categories, 207 industrial categories, and 666 industrial sub-categories, forming an independent and complete modern industrial system. It is the only country in the world with all the industrial categories in the UN industry classification. . As the main body of innovation, enterprises continue to increase investment in research and development, and the level of technological innovation is constantly improving, which has become the fundamental driving force and source for promoting China's sustained and rapid development. In 2017, the R&D investment intensity of industrial enterprises above designated size increased from 0.56% in 2004 to 1.06% last year. The number of effective invention patents in industrial enterprises above designated size reached 934,000, an increase of 29.8 times over 2004. Power generation equipment, power transmission and transformation equipment, rail transit equipment, communications equipment and other industries have been in the leading position in the world. Since the 18th National Congress of the Communist Party of China, the deep integration of industrialization and informatization in China has been further accelerated, and the development of intelligent manufacturing has achieved positive results. Miao Wei said that as of June 2019, the penetration rate of digital R&D design tools reached 69.3%; the numerical control rate of key processes reached 49.5%. At the same time, the proportion of enterprises engaged in networked collaboration, service-oriented manufacturing, and large-scale personalized customization reached 35.3%, 25.3%, and 8.1%, respectively. There are more than 50 industrial Internet platforms with certain influence in China, and the number of connected devices on the key platforms has reached 590,000. In 2018, the scale of the digital economy reached 31.3 trillion yuan, ranking second in the world. In the past 70 years, China's small and medium-sized enterprises and private enterprises have flourished, playing a unique and important role in increasing employment, stabilizing growth, and promoting innovation. The role of the national economy as a new force has also become increasingly prominent. By the end of 2018, the number of SMEs in China has exceeded 30 million, and the number of individual industrial and commercial households has exceeded 70 million, contributing more than 50% of the national tax revenue, more than 60% of GDP, more than 70% of technological innovations and 80. More than % of the labor force is employed.