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2022-07-28
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The 12th Five Year Plan of the iron and steel industry encourages the use of imported ore for differential development

the 12th Five Year Plan of the iron and steel industry encourages the use of imported ore for differential development

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Guide: the Ministry of industry and information technology station releases an article on the interpretation of the 12th Five Year Plan of the iron and steel industry. The article shows that the regulators have made subtle changes in their attitude towards the problems and challenges faced by the steel industry during the 12th Five Year Plan period. And for the development of high-end steel varieties, the planning also seems to reflect a clear bias, hoping that a small number of

<"wangdejun, Secretary General of BOPET (biaxially oriented polyester) Special Committee of China Plastics Processing Industry Association, told the reporter of China chemical industry news p> the Ministry of industry and information technology released an article on the interpretation of the 12th Five Year Plan for iron and steel. The article shows that the regulators have made subtle changes in their attitude towards the problems and challenges faced by the steel industry during the 12th Five Year Plan period. As for the development of high-end steel products, the planning also seems to reflect an obvious bias, hoping that a small number of powerful enterprises will focus on the development rather than rush forward

encourage more 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 618million tons, accounting for about 67% of the total iron ore consumption, an increase of nearly 32 percentage points over a decade ago. Previously, the figure that China's iron ore is more than 60% dependent on foreign countries was repeatedly mentioned as a hard injury to the industry. CISA once called on steel enterprises to suspend the use of imported ore in order to regain part of the voice in iron ore negotiations. However, the attitude of relevant departments has changed

it is mentioned in the interpretation document that the plan puts forward new ideas. Considering the characteristics of low grade, poor endowment and high mining cost of China's iron ore resources, considering the internationalization of resources and energy conservation and emission reduction, it is "correct and inevitable" to use more imported ores and "import should be encouraged rather than a problem"

according to the plan, the real problem lies in that China's iron and steel enterprises have no say in the pricing of imported ores, and the use of microcomputer hydraulic servo universal testing machine to test the mechanical properties of materials is simple and convenient. The key to solve this problem is to encourage iron and steel enterprises to go global, "not only to open mines, but also to build factories", to invest in and participate in foreign iron and steel enterprises to transport billets or steel products

this means that in the next five years, Chinese steel enterprises will increasingly participate in the acquisition and integration of international resource projects, and further expand the industrial chain abroad to achieve capacity transfer

territory delimitation of high-end steel varieties

increasing the R & D and application of high-end steel varieties is another important task for the steel industry during the 12th Five Year Plan period. The 12th Five year plan focuses on the production and promotion of high-strength automotive steel, marine corrosion-resistant steel, low-temperature pressure vessel plates and high-strength deformed steel bars, but also emphasizes the need to prevent the homogenization competition of high-end varieties

in the interpretation document, the automobile steel plate is taken as an example. The document mentioned that "at present, 70 to 80% of the market for fatigue testing machines with excellent performance is occupied by Baosteel and foreign enterprises, and other enterprises can only compete in the remaining relatively low-end market, with poor profitability". In response to this phenomenon, the plan proposes to "encourage a few powerful iron and steel enterprises to develop high-end steel varieties differently" to prevent the development of high-grade homogenization

for the two other development directions mentioned in the plan, in terms of marine steel, Wuyang Iron & Steel Co., Ltd. under Hebei Iron & Steel Group is the only manufacturer in China that can produce finished steel plates and has passed the certification of classification society. There are many manufacturers of high-strength deformed bars. The emphasis and guidance on "differentiated competition" in the plan may mean that in the future, policy preferences will be made for enterprises that already have advantages. The current downturn in oil prices is mainly determined by the market supply and demand relationship

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