The Ministry of Industry and Information Technology recently issued the "Twelfth Five-Year Development Plan for the Iron and Steel Industry". The responsible person of the Ministry of Industry and Information Technology said in an authoritative interpretation of the "Planning" that the Chinese steel industry will step into the key stage of transforming the development mode. It is understood that during the “Eleventh Five-Year Plan†(2006-2010), China's crude steel output increased by 275 million tons, the increase is the highest in the five-year plan. In 2010, it produced 630 million tons of crude steel, accounting for 44.2% of the world's total output. The plan pointed out that the "Twelfth Five-Year Plan" (2011-2015) period is a key stage for China's steel industry to enter a transformational development mode. The lack of quality of steel products in China's steel industry is mainly due to the low quality of products and the poor quality and stability. The R&D production capacity of high-end products is not strong, and the downstream industry is not well connected. To this end, the "plan" proposes the specific development goals of variety quality from three aspects: improving product quality, enhancing stability, and meeting downstream demand. "Planning" puts forward specific requirements for technological innovation in the steel industry from two aspects: the direction of technological innovation in the steel industry, and strengthen technological innovation in processes, technical equipment, new products and new materials, energy conservation and emission reduction, and resource utilization; We will improve the technological innovation system and accelerate the establishment of technological innovation systems and mechanisms that combine enterprise as the mainstay, market-oriented, and combine production, education, and research. Overall, China's steel industry still has room for energy conservation and emission reduction. The “Planning†has set new targets for the “12th Five-Year†steel industry to eliminate backward production capacity. From the perspective of promoting energy-saving and emission reduction technologies, it is proposed that the coke oven dry quenching rate of key enterprises in steel enterprises will reach over 95%. At the same time, according to the actual development of the industry, the “Plan†proposed that the industrial added value energy consumption and carbon dioxide emissions of the steel industry in 2015 will fall by 18%, which is higher than the national target of 16%, but lower than the target of 20% in the industrial sector. It is understood that China's steel industry has more than 7,000 enterprises, of which more than 500 companies produce crude steel, with an average size of just over 1 million tons. The former four steel companies account for only 27.8% of the country's total output, far behind The United States, Japan, and Korea are 70%-90%. In view of the low concentration of the industry, the “Planning†clearly proposes to support the large-scale iron and steel enterprises to carry out cross-regional and cross-ownership mergers and acquisitions, and actively support the merger and reorganization of regional superior steel enterprises.
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