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| G20 to promote iron and steel to resolve excess capacity in the next 5 years will again cut 1.5 tons |
| publishers：Boxing Shandong Guan Tang steel plate Co., Ltd. Release time：2016/9/8 reading：4515次 |
G20 to promote iron and steel to resolve excess capacity in the next 5 years will again cut 1.5 tons of crude steel
This year's G20 summit will once again put the current situation of overcapacity in the steel industry, in September 5th, according to the G20 Bulletin shows that the OECD will lead the establishment of a global forum for excess steel production capacity.
As one of the countries, steel overcapacity in fact, China had to address the problem of excess production capacity, shutting down the supply side reform and other means to do in the first half of this year has played effect, however, at the G20 summit, iron and steel industry overcapacity and compression facing new challenges.
In September 3rd, President Xi Jinping said at the opening of the G20 summit in Hangzhou - speech, from the beginning of 2016 to 5 years Yajian crude steel production capacity of 100 million to 1.5 tons, with 3 to 5 years to exit the coal production capacity of 5 tons, 5 tons reduction restructuring.
Excess capacity to resolve
Preliminary results have been obtained
According to the relevant data show that in the context of the supply side of the reform, governments at all levels to promote a strong capacity to plan. In accordance with the original plan in 2016 to plan the production of crude steel output 45 million tons, from the implementation level, as of July this year, the country completed a total steel production capacity of 21 million 260 thousand tons, accounting for 47%.
At the same time, according to the data show that as of the end of August this year, a total of 23 provinces and has released arthorn steel production plan, the 22 provinces in 2016 to determine the production target, iron and steel production capacity was 37 million 870 thousand tons and 72 million 70 thousand tons, has exceeded the annual 45 million tons of the total goal.
At the same time, Baosteel and Wuhan Iron and steel two steel enterprises plan to reduce production capacity of 3 million 950 thousand tons of steel and 4 million 420 thousand tons in 2016, so far, in 2016 the main provinces and municipalities and central enterprises will be compressed steel production capacity of 80 million 640 thousand tons, 41 million 60 thousand tons of iron and steel production.
"This year, especially in the second half of the year, especially after the G20 summit held in the iron and steel production capacity to be" wildly beating gongs and drums to ". However, we need to see is that if you want to increase the production capacity, with the central government and the relevant departments to supervise more provinces and cities are inseparable, and the enterprise can obtain the capacity and abetting the invalid government subsidies are closely related. It is understood that the Hebei iron and steel production capacity to make up 25 yuan per ton iron, per ton is 30 yuan subsidy." Some analysts such as the "Securities Daily" reporter said.
According to the relevant industry analysts said, at present, China's push to resolve the overcapacity in the steel production capacity, mainly in the two aspects of the work, the first is the elimination of excess steel production capacity, in addition to the above results have been obtained, it is understood that in order to speed up the second half of the year to production schedule, the central government to the dispatched 10 inspection teams deployed to resolve the overcapacity special inspection. Currently, Zhejiang, Jiangxi and other regions have been ahead of schedule to complete the annual task, to the production capacity of Hebei Province, announced the elimination list, involving 18 million 400 thousand tons of iron smelting capacity and 16 million tons of iron making capacity, plans to complete in November.
In addition, from the suppression of new steel projects, in 2015 China's iron and steel industry investment in fixed assets 562 billion 300 million yuan, down 12.8%. But in 2016, the downstream steel product prices rise, some enterprises profit per ton reached more than 400 yuan, in the high profits, investment a warming trend in the second quarter, the monthly national iron and steel smelting and rolling processing industry investment in fixed assets of 42 billion 800 million yuan, has invested close to 2012, the peak levels of 2013. In September, the government price control policy, cut project of land supply, land department issued a notice, clearly will be strict industry overcapacity project and pre review, the capacity of the new steel and coal project will no longer accept landprequalification.
Resolve excess capacity
The task is still arduous
However, we need to see is that although the enterprises actively respond to the elimination of backward production capacity, however, from the nature of the enterprise, with steel prices compression capacity a total of 140 tasks, in which private enterprises accounted for 88.6%, iron production and steel production capacity was 26 million 200 thousand tons and 55 million 590 thousand tons, accounted for 70.9% and 80.2%.
As China's largest production capacity in the province, Hebei Province, the steel to the every move has been concerned about. According to the previously submitted to the State Council's Hebei defuse steel overcapacity implementation plan, in 2016 the actual arrangement of the compression production capacity of 17 million 260 thousand tons of iron and steel production capacity of 14 million 220 thousand tons, and according to the cities reported monthly plan, is expected to be completed at the end of November the compression production capacity of 18 million 400 thousand tons of iron and steel production capacity of 16 million tons.
It is understood that, from January to July this year, Hebei Province, resolve to complete the production capacity of 1 million 930 thousand tons of iron and steel production capacity of 1 million 250 thousand tons in August, plans to reduce production capacity of 520 thousand tons of iron, from September to October plans to reduce iron and steel production capacity of 6 million 570 thousand tons and 5 million 330 thousand tons. From September to October plan effective capacity for compression of iron production capacity 5 million 350 thousand tons, accounting for 81.4%, and concentrated in October. It can be said, compared to other provinces and cities, Hebei Province, iron and steel to the task more heavy, more pressure and resistance.
It is worth noting that, from Hebei to save the production details can be found, there is a longer period of production of the blast furnace, converter equipment or long-term shutdown, a serious loss of steel mills did not include the 2016 target and the like. The reason is because on the one hand the capacity to task by district or by city distribution, city, interval game is obvious; on the other hand it is because of serious loss of corporate debt, debt disposal has become a problem.
For solving the difficulties of steel production capacity, insiders suggested, should accelerate the pace of mergers and restructuring, increasing the concentration of iron and steel industry, formed a group with strong competitiveness in the global scope of the super large iron and steel enterprise group. Simply go to the production capacity is not a cure, at the same time to improve the production capacity of the industry |
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