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2022-08-02
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The Ministry of industry and information technology of the people's Republic of China: the regulation of the iron and steel industry must establish a long-term mechanism

the Ministry of industry and information technology of the people's Republic of China: the regulation of the iron and steel industry must establish a long-term mechanism

China Construction Machinery Information

Guide: since the beginning of September, some local governments in China have blown up a moving storm of power and production restriction in the iron and steel industry in order to complete the task of energy conservation and emission reduction, which is quite controversial in the industry. Luotiejun, deputy director of the Department of raw materials of the Ministry of industry and information technology, said in Shanghai on the 15th that under the current situation that the industry regulation policies are basically issued, the focus is on

since the beginning of September, in order to complete the task of energy conservation and emission reduction, some local governments in China have blown a campaign of "power and production restriction" storm in the iron and steel industry, which is quite controversial in the industry. Luotiejun, deputy director of the raw materials department of the Ministry of industry and information technology, said in Shanghai on the 15th that under the current situation that the industrial regulation policies are basically issued, the focus is to implement the policies well, especially to form a long-term mechanism in eliminating backward production capacity

"in the coming period, there will be no new stimulation or inhibition for the steel industry, such as wind energy and solar energy - the key is to implement the existing policies." Luotiejun said that the Ministry of industry and information technology, please do not use fuses other than those specified in the regulations. The Ministry has asked local steel enterprises to submit standardized operation applications before the end of September. The list of qualified enterprises will be published within the year, and the candidates can obtain support in ore resource allocation, project approval and credit

he also pointed out that at present, the profit margin of the domestic steel industry is only 3.14%, while the average profit margin of the national industry is 6.1%, "the low profit market environment, supplemented by effective policy means, will force the steel industry to speed up the adjustment. It will take 2-3 years to make the whole industry embark on a road of healthy development". Extruder products fluctuate in export

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