Steel production capacity is still expanding under the background of excess

Zhang Changfu, secretary-general of China Iron and Steel Association, said that despite the overcapacity of China's steel industry, investment has reappeared in a significant growth trend. Non-state-owned enterprises are the mainstay of investment, and the hot spot for investment is the Bohai Rim region with severe overcapacity. According to the announcement, investment in the ferrous metal smelting and rolling processing industry, which symbolizes the steel industry, increased by 18.9% year-on-year in the first ten months of this year, compared with 1.6% in the same period last year, and the growth rate accelerated by 17.3 percentage points year-on-year. This shows that in the context of overcapacity, the steel industry still has the phenomenon of capacity expansion and growth. It is worth noting that the Bohai Rim region, where there is a serious overcapacity, is still a hot spot for investment. From January to October, the Bohai Rim region included Hebei, Liaoning, Shandong, Tianjin, and Beijing. The total investment in steel projects was 85.3 billion yuan, accounting for 27.2% of the total investment in the industry, with the largest proportion of investment growth. However, the Bohai Rim region has gathered more than 300 million tons of production capacity, and the production capacity has been seriously over-supplied. About 50% of the products need to spread to the east, west, south and north. Non-state-owned steel companies borrow money as the main investment source. In the first 10 months of this year, the investment in non-state-owned steel enterprises was 2.1 times that of state-owned steel enterprises, which was 1.5 times higher than that of the same period of last year, and 2/3 of the investment funds of non-state-owned steel enterprises came from banks. Zhang Changfu said that the investment of Chinese enterprises was 115.26 billion yuan, a slight decrease of 0.38%. The amount of self-owned funds invested by state-owned enterprises was 59.42 billion yuan, accounting for 51.6% of the total investment of state-owned enterprises. The investment amount of non-state-owned enterprises was 235.85 billion yuan, a substantial increase of 39.4% year-on-year. Among the non-state-owned enterprises, the self-owned funds amounted to 78.75 billion yuan, accounting for 33.4% of the investment. More than 150 billion non-state-owned enterprises invested in the bank. Zhang Changfu said, "We are not the state-owned enterprises 2/3 is the bank money; the investment area is invested in areas with severe overcapacity, which will cause us to reflect and cause our attention and analysis." The Bohai Sea is no longer a new steel base. The problem of industrial layout, Zhang Dejun, director of the Steel Division of the Raw Materials Division of the Ministry of Industry and Information Technology, said that during the 12th Five-Year Plan period, China will optimize the industrial layout: in the Bohai Rim region and the Yangtze River Delta region, no new steel bases will be built. Among them, 50% of the production capacity in the Bohai Rim region depends on foreign transportation, and these local resources are tight, the environmental pressure is high, and the imported iron ore is far away, which increases the degree of transportation tension. In order to curb blind investment in overcapacity areas, China will promote the construction of steel bases in the southeast coast. Zhang Dejun said that the expansion capacity of many overcapacity areas is now directed at the south. If the construction of the southeast coastal base can be done well in the 12th Five-Year Plan period, the entire steel layout can be basically completed.

Professional custom thin metal blanking stamping die with high precision ,easy blanking.

Why us?
1. Good Material
2. Hight precision. The precision can reach 1-4μm,Ra 2μm.
3. Rational design. Accurate layout is good for produce and saving the product`s raw material.
4. Rational construction , easy accessibility. Good for maintenance and repair
5. Reasonable arrangement of technology
6. Right Heat treatment
7. Best suitable parts clearance
8. Standard component choose famous brand.
9. Strict Qc quantity control .
10. Timely delivery and best service

Stamping Punching Mold

Stamping Mold,Stainless Stamping Mold,Stamping Punching Mold, Injection Mold

PF Mold Co., Ltd. ,

This entry was posted in on