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Experts also pointed out that the steel industry still faces problems such as overcapacity, environmental pressures, low profitability and rising debt ratios. China has nearly 1 billion tons of steelmaking capacity, and the capacity utilization rate is only 72%, which is obviously lower than the normal level.
Although the country has pushed for the merger and reorganization of the steel industry, the effect is not obvious. Yesterday, a reporter from the Beijing Business Daily saw on the website of the Ministry of Industry and Information Technology that last year, the concentration of the domestic steel industry did not rise, but the output of the top ten steel producers in the crude steel production accounted for 39.4% of the national total, a year-on-year decrease of 6.5. Percentage.
The Ministry of Industry and Information Technology Department of the Ministry of Industry and Information Technology also introduced that the top 30 crude steel production accounted for 55.1% of the total production, down 5.9 percentage points; the top 50 accounted for 65.3%, down 4.6 percentage points, “the decline in industrial concentration has intensified market competitionâ€. It is reported that more and more companies have focused on high-end products, and even repeated research and development of other companies' products, which has caused the homogenization of high-end products to intensify competition.
At the same time, in the case of severe overcapacity in the industry, most of the steel products are in a state of surplus. Among them, fine-oriented electrical steels and non-oriented electrical steels in high-end boards have already exceeded supply. In addition, the vicious competition in the steel market deserves attention, and the price war of enterprises has intensified. The long-term implementation of the principle of non-payment and non-delivery by iron and steel enterprises has been difficult to maintain in some varieties.
Although the country has pushed for the merger and reorganization of the steel industry, the effect is not obvious. Yesterday, a reporter from the Beijing Business Daily saw on the website of the Ministry of Industry and Information Technology that last year, the concentration of the domestic steel industry did not rise, but the output of the top ten steel producers in the crude steel production accounted for 39.4% of the national total, a year-on-year decrease of 6.5. Percentage.
The Ministry of Industry and Information Technology Department of the Ministry of Industry and Information Technology also introduced that the top 30 crude steel production accounted for 55.1% of the total production, down 5.9 percentage points; the top 50 accounted for 65.3%, down 4.6 percentage points, “the decline in industrial concentration has intensified market competitionâ€. It is reported that more and more companies have focused on high-end products, and even repeated research and development of other companies' products, which has caused the homogenization of high-end products to intensify competition.
At the same time, in the case of severe overcapacity in the industry, most of the steel products are in a state of surplus. Among them, fine-oriented electrical steels and non-oriented electrical steels in high-end boards have already exceeded supply. In addition, the vicious competition in the steel market deserves attention, and the price war of enterprises has intensified. The long-term implementation of the principle of non-payment and non-delivery by iron and steel enterprises has been difficult to maintain in some varieties.
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