China’s Iron And Steel Industry Investment In Energy-Saving And Emission Reduction Presents A Good Prospect

In 2015 under the dual pressures of excess capacity and environmental protection, the national pig iron, crude steel production showed a downward trend, many steel companies have a sharp decline in profits, according to statistics of China’s listed steel prices in the first half of this year’s stock up to 150 billion Yuan, compared with the end of 2010 to 124 billion yuan to further increase. In the excess capacity at the same time, steel production is still in the blind growth.China Steel Association statistics, from January to July total crude steel production was 410.364 million tons, an increase of 10.3%, according to projections, the annual steel output will be more than 700 million tons. The actual excess production capacity will promote China’s iron and steel enterprises from the scale to the technical type of change, high-performance steel development and utilization of China’s iron and steel industry to accelerate the transition, break through the low profit margins of the embarrassing situation effective way.
High-performance steel, including high-quality steel, alloy steel, low alloy steel, stainless steel and so on. Iron and steel is recognized as high energy consumption, high emission industries, the development of high-performance steel is to break through energy, resources and environmental bottlenecks an important means. Iron and steel is divided into 22 categories, each category contains high-performance steel, China’s overall proportion of high-performance steel is not high, well below the level of developed countries. Experts said some of China’s high-performance steel technology level is relatively more advanced, such as the third generation of automotive steel, machinery manufacturing steel, steel and other pipelines. The industry said that the domestic high-performance steel part of the technology still remain in the laboratory level, the industrialization of scientific research needs to continue efforts.
As high-performance steel can replace the traditional low-end steel products, the future development of space. Hot rolled strip steel, hot rolled silicon steel need to be eliminated, according to last year’s data, the vacated market space were 78 million tons, 45.41 million tons, 585,000 tons. Steel plate in the amount of 40 million tons / year, of which high-end products accounted for only 5% of the amount of consumption, high-end products, a broad space for development.