China Drying Newsletter On November 27, the Metallurgical Industry Planning Institute predicted at the 2013 China Steel Demand Forecasting Research Results Conference that China's steel demand in 2013 will reach 666 million tons, an increase of 4.1% year-on-year. Industry experts believe that in the future, domestic steel companies will seek joint reorganization to break through the difficulties and accelerate the pace of industry concentration. Li Xinchuang, dean of the Institute of Metallurgical Industry Planning and deputy secretary-general of the China Iron and Steel Industry Association, stated that the economic environment at home and abroad has improved in 2013, with the exception of the decline in the development of the shipbuilding industry and the development of the container and household appliances industry in 2012. Other industries will With growth, steel demand will continue to increase slightly. Li Xinchuang accepted the “Daily Economic News†interview and said: “The current situation of China’s steel industry is still grim. To achieve the goal of 666 million tons of steel demand in 2013, it is expected that the concentration of the steel industry will increase in the future and the joint reorganization will take place. The obstacle will be smaller." Lange Steel Network analyst Zhang Lin pointed out that "it is expected that the overall increase in steel demand next year will give the industry a good vision and expectations. But whether the goal can be achieved depends on the country's railway planning, urban infrastructure, rail transportation and automobile production. The implementation of the project, funding, preparation, etc." Zhang Lin believes that the current low-speed development and operational difficulties that are plaguing the steel industry will persist for a long time. To improve their competitiveness and operating capability, steel mills will force companies to seek joint reorganization. The reorganization will bring new enthusiasm to Dagang Steel Group. The point of interest growth. Regional assets, management, distribution, etc. will be unified and affect the pricing of products. My steel network analyst Zhang Tieshan said, “China’s overall economic growth will slow down next year, and the steel industry will continue to face difficulties. In the future, the country’s increase in energy-saving and emission reduction of steel mills will lead to a large number of small companies passing large companies. The joint reorganization will achieve protection and survival, and some local state-owned enterprises will also be merged by large steel mills because of losses. Joint reorganization will be the general trend of the steel market."
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