Steel enterprises to meet high quality development era

  • Monday, April 16, 2018
  • Source:ferro-alloys.com

  • Keywords:Steel enterprises
[Fellow][ferro-alloys.com] Steel enterprises to meet high quality development era

[ferro-alloys.com]  The steel market integrally is characterized by "high profitability, high output, high inventory and low demand" with the rise of steel prices in 2018. Since March, we started to enter the traditional consumption season, and large-scale infrastructure investment projects in various regions are ready to be launched, which has buoyed the steel prices. Because of the uncertainty of downstream demand release and the "double-edged sword" effect of environmental protection restriction, the downstream demand is also hard to be released largely. Safety and environmental policies continue to overweight, all the steel enterprises in "2 + 26" city execute special emission limits and part of iron and limitation production period of steel industry in key areas extend, crude steel production release continues to be constrained, thus surge growth expectation has decreased significantly. 
"Under the current high profit situation, iron and steel enterprises should vigorously promote the quality and efficiency of development, to better meet the higher demand for quality, life, safety, environmental protection and practicability of steel products, adhering to the green and high quality development is the inevitable path of enterprise." said Wang Dayong, Vice President and Secretary General of Hebei Metallurgical Industry Association.
"In particular, US President Donald John Trump signed an order on March 8 to impose an around tax on imported steel and aluminium products at 25 percent and 10 percent respectively. To resolutely respond to the challenges of the US, we need to take action in the whole industry and unswervingly implement the green development and high quality development of the steel industry in structural adjustment and transformation and upgrading. " Wang Dayong said.

  • [Editor:Wang Linyan]

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