China's steel industry association on the 24th announced that in 2010, China's crude steel production exceeded 600 million tons, reaching 626,654,000 tons, up 5308.7 over the previous year, China's steel industry, Million tons, an increase of 9.26%. At this point, China's crude steel production accounted for nearly half of the world's crude steel production, more than 20 countries ranked in China after the sum of crude steel production. 620 million tons of steel, is hi worry about its behind the Chinese steel industry revealed what information?

The total volume is still high, the product structure to optimize the direction of development

In the first four months of 2010, China's crude steel production increased by 25.3% over the same period of the previous year, with the highest production of crude steel in April reaching 55.423 million tons, equivalent to an annual output of 674 million tonnes of crude steel, , Resulting in oversupply in the domestic market steel. "After May, the total production has declined, which in September than in April fell 13.09%, supply and demand contradictions ease, but in November and December crude steel production has rebounded overall, the annual crude steel production is still High. "China Steel Association special analyst, former Ｅxecutive vice president Luo Bingsheng said.

He told reporters, in 2010, domestic steel market share continued to increase, automotive steel, pipeline steel, silicon steel, ship plate, rail and other key steel products significantly increased production, product quality to achieve a major breakthrough, 22 categories of steel Variety, there are 18 kinds of steel domestic market share of more than 95%. The speed of 350 km high-speed railway rail all realized the localization of the petrochemical industry X80 pipeline steel used to achieve the basic, and successfully trial production to produce X120 pipeline steel; Baosteel, Anshan Iron and Steel development and production of high-strength automotive steel plate to meet the The demand for automobile production last year, the national production of more than 500 million cars of automotive steel demand, basically provided by the domestic market; domestic fifth-generation bridge steel plate in Wuhu Yangtze River Bridge, Beijing-Shanghai Nanjing Dashengguan railway bridge more than 60 large Railway, highway bridge

"In 2010, China's national economy is generally good overall situation, in the external environment is good and the growth of market demand, driven by the steel industry to continue to develop a good direction, the product structure to optimize the direction of development." Luo Bingsheng said.

Crack the pain of iron ore, increase overseas investment and development efforts

In addition to high output, there is a group of data is particularly noteworthy: 2010, China imported iron ore 618644,700 tons, although the reduction of 913.47 million tons over the previous year, so the use of foreign exchange has reached 79.427 billion US dollars, more than the previous year spent 292.8 Billion, equivalent to more than 1900 billion yuan, all into the steel production costs. "In the previous week, BHP Billiton a notice, the iron ore prices from 155 US dollars per ton to 168 US dollars, up 8.4%." Luo Bingsheng 24, said. "The three major suppliers have been priced from the original yearly negotiations to the quarterly, and this year even to be priced on a monthly basis, which is a strong supply side to the demand side to impose changes, completely subvert the previous pricing.

The sharp rise in costs directly led to a reduction in the profitability of China's steel industry. In 2010, 77 large and medium-sized iron and steel enterprises (Group) realized profits of 89.713 billion yuan, up 52.02% over the previous year. On the other hand, under the pressure of a significant increase in the cost of steel production, corporate profit margins are compressed and the industry profitability is declining. 2010 large and medium-sized iron and steel enterprises annual average profit margin of only 2.91%, lower than the national average profit level of the industrial sector. "Iron ore prices pushed up the price of Chinese steel, iron and steel industry this year is likely to appear high cost, high price, low efficiency of the state, which is stable operation of the whole industry is unfavorable." Luo Bingsheng said.

To this end, he called for the international iron ore maritime trade a high degree of monopoly situation, we must continue to adhere to the "going out" development strategy, increase the overseas iron ore investment, development, shares, and further enhance the proportion of overseas equity mine.

In addition, to strengthen the domestic mine construction, production policy support and efforts to steadily improve the domestic mineral production, and to carry out the establishment of national iron ore, coal and other strategic resources reserve and marketing system research, continue to do the import iron ore agency system and Import iron ore flow management work.

Eliminate the backward, to promote the transformation and upgrading of the steel industry is the key

In view of the development of China's steel industry, Luo Bingsheng said that the current Chinese steel industry in accordance with the national "second five" plan outline requirements, and actively carry out transformation and upgrading. Accelerate the transformation of development, accelerate the pace of industrial structure and product adjustment.

Data show that the "Eleventh Five-Year" period, China's iron and steel industry to eliminate backward production capacity work steadily, a total elimination of backward steel production capacity of 116.96 million tons, steel production capacity of 69.14 million tons, respectively, to complete the program out of 117% and 126%.

Although China's steel industry in 2010, the industry concentration has been strengthened, the largest output of 10 companies total production of crude steel 3047.33 million tons, accounting for 48.43% of the total output, an increase of 3.61 percentage points over the previous year. But the excess capacity is still about 100 million tons, the majority of small and medium steel technology level is still relatively backward. Overcapacity, industrial concentration is low, the lack of iron ore import right to speak, the industry profitability is still low, is still restricting the further development of China's steel industry.

Luo Bingsheng said, in line with the optimization of industrial layout, industrial upgrading and structural adjustment, in the control of the total production of steel under the premise will actively promote Zhanjiang, Fangcheng two coastal steel base construction, accelerate the iron and steel enterprises across the region, cross-ownership merger Reorganization, and actively seek the country's policy support and support, to improve the industry-wide industrial concentration has taken greater steps.