Stable steel pipe industry

At present, the prices of resources and energy have risen sharply, making it more difficult for steel pipe suppliers to reduce costs and increase efficiency. Since the second half of the year, under the effect of various measures, the iron ore price has fallen sharply, and it is currently fluctuating around $120 / ton, but it is still high. At the same time, the supply and demand of coal and coke are tight, and the price has risen sharply and rapidly. Especially since September, due to the tight power supply, iron and steel enterprises to reduce production, enterprise costs will increase significantly, the cost pressure is difficult to change in the short term, the profit level of iron and steel enterprises is facing a downward trend.

How does the steel industry respond to the above problems?
In the next stage, the iron and steel industry will focus on the work from five aspects: first, continue to promote the structural reform of the supply side, maintain the smooth operation of the China hollow section, further strengthen the self-discipline of the industry, focus on promoting the work of “reducing costs, preventing risks, improving quality, and stabilizing benefits”, and strive to promote the smooth operation of the industry.
Second, we will strengthen the construction of the industrial chain and supply chain, and promote the coordinated development of upstream and downstream. We will strengthen system construction and communication, strive to maintain the stability of the industrial chain and supply chain of round steel pipe, and accelerate the resolution of problems related to iron ore guarantee from the aspects of increasing iron supply, improving pricing mechanism and improving futures market rules. At the same time, it will strengthen communication and cooperation with downstream industries such as real estate, machinery, automobile and shipbuilding to jointly build a harmonious industrial chain and enhance the industry’s ability to resist risks.

Third, we will stick to the green and low-carbon direction and step up scientific and technological innovation. We will continue to promote ultra-low emissions transformation in an orderly manner, carry out assessment, monitoring and publicity work in a scientific, standardized and reasonable manner, and accelerate the realization of ultra-low emissions. Strengthen cooperation between upstream and downstream of the industrial chain, promote green design products, promote green consumption of square steel pipe, and jointly plan for low-carbon transformation of steel and iron. Fourth, to the international first-class standard, in-depth development of the potential of the standard. In the face of the high price of primary combustion materials, as well as the continuous increase of green and low carbon input, iron and steel enterprises should target advanced enterprises at home and abroad, carry out in-depth work to find the difference, have the courage to innovate, keep pace with The Times, stand in a higher perspective to plan the layout, further improve the competitiveness, improve the quality and efficiency of enterprise operation.