It is strictly forbidden to add steel capacity for any reason this year.
In response to the expansion impulse of steel enterprises due to rising prices, the Department of Raw Materials Industry of the Ministry of Industry and Information Technology recently stressed that it is necessary to continue to unswervingly do a good job in removing steel production capacity in 2018 and strive to achieve the upper limit target of eliminating production capacity in the 13th five-year Plan ahead of schedule. It is strictly forbidden to increase steel production capacity for any reason.
In 2017, with the joint efforts of relevant departments, localities, associations and enterprises, the development environment of the steel industry has been continuously improved. According to the relevant person in charge of the Ministry of Industry and Information Technology, in the first two years of the “Thirteenth Five-Year Plan”, the steel production capacity has exceeded 115 million tons, and the target of the “13th Five-Year Plan” is 150 million tons, leaving a scale of several million tons. In order to achieve the above objectives, the Ministry of Industry and Information Technology said that it is necessary to sort out the weak links in the work to ensure that backward production capacity should be eliminated. Specific measures include the establishment of a long-term mechanism to crack down on "ground bar steel" resolutely preventing a resurgence. Urge local governments to deal with "zombie enterprises" as a starting point, unswervingly remove inefficient production capacity. Do a good job of capacity replacement audit, strictly prohibit any reason to increase steel production capacity. Strengthen the guidance and supervision of local work, ensure the completion of production capacity targets, and create a good development environment for the steel industry.
In 2018, the Ministry of Industry and Information Technology will also continue to do a good job in optimizing the layout and creating a fair market environment. Systematically study the supporting policies and measures to support the development of electric furnace steel, carry out iron and steel, coking and other industries to standardize the dynamic management of enterprises, and promote the standardized management of enterprises. Strengthen the analysis and research on the signs and tendencies, and gather the strengths of all parties to jointly safeguard the fairness and stability of the steel market. At the same time, the Ministry of Industry and Information Technology will continue to promote the transformation and upgrading of the steel industry. From the supply side, we will focus on improving the quality of supply and promote the advancement of steel products to the middle and high end. Taking the smart manufacturing pilot demonstration as the starting point, we will gradually explore and form a new intelligent manufacturing model that can be promoted and replicated in the whole industry. Accelerate the popularization of advanced and applicable energy-saving and environmentally-friendly process technology and equipment, enhance the green development level of the steel industry, and achieve sustainable development.
Copyright © Baosteel Special Metals Co., Ltd. (Baowu Group) All Rights Reserved