First, bank debt for new capacity must be tightly controlled. Back to the original intention of the supply-side structural reform of round steel pipe proposed in 2015, it is an important task to defuse the debt leverage risk of surplus industries.Through a series of measures, such as eliminating backward production capacity, cracking down on ...

First, the proportion of output of hollow section manufacturers increased. In 2017, the steel output of private steel enterprises accounted for 57% of the country’s steel output, which reached 59% in 2018 and exceeded 62% from January to August this year. Second, the benefit is stable and the profit level is reasonable. Generally speaking,...

In recent years, the development of China’s steel industry is showing a better and healthier trend.We can see from the overall data that in 2018, China’s cumulative production of mild steel tube, crude steel and steel was 771m tonnes, 928m tonnes and 1.06 billion tonnes respectively, up 3 per cent, 6.6 per cent and 8.5 per cent year-...

First, the proportion of output of China steel tube factories increased. In 2017, the steel output of private steel enterprises accounted for 57% of the country’s steel output, which reached 59% in 2018 and exceeded 62% from January to August this year. Second, the benefit is stable; the profit level is reasonable. Generally speaking, the ...

Industrial concentration is the decisive factor to ensure the stability of the market. Large dominant steel pipe suppliers based on high industrial concentration determine a country’s economic competitiveness. As a large country in the world, many problems in the industry are related to the low industrial concentration.Experts in the indus...