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Zhang Hong: China Coke Industry in the 14th Five-Year Plan Period

http://en.steelhome.cn [SteelHome] 2020-10-27 16:36:10

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2020 China Coal and Coke Industry Conference, hosted by Dalian Commodity Exchange, China National Coal Association and China Coking Industry Association, and organized by Shanghai SteelHome, was successfully held in Shenzhen on October 21-23, 2020. Around 500 delegates from governments, associations, steel mills, miners, traders, research institutes attended one of the biggest events in China coal and coke industry.

Zhang Hong, Deputy Secretary-general of the China National Coal Association delivered a speech themed on China Coke Industry in the 14th Five-Year Plan Period, which was summarized as follows:

In the first nine months this year, China produced 2.79 billion tonnes of coal, basically the same as last year; coal imports reached 240 million tonnes, down 4.4% on the year; China coal consumption this year was expected at 2.9 billion tonnes, with production and demand in balance.

At the same time, there were some substantial changes in coal industry development for supply-side structural reform.

Coal supply is characterized by insufficiency of a very type and abundant total output, which was improved from oversupply of a very type and cumulative insufficient production for a long term at before. Coal production, which previously focused on mid- and small coal mines with all types of coal mines in production, now focuses on large modern coal mines, assisted by mid- and small ones.

Currently, Central and Western China is taken as the key consumption area and the core of coal development which is approaching to Shanxi, Shaanxi and Inner Mongolia. Consumption growth, however, is declining, so is total increases.

Restrictions on coal transportation are getting relieved. Downstream, upstream, coal-to-electricity, coal coking, coal-to-chemical and so on, all industries related are flourishing, coupled with the establishment of state-owned provincial groups and trans-regional and cross-industry groups and the closure of small coal mines.

Meanwhile, coal mine operations are much safer now thanks to the development of large-scale, intelligent and mechanization.

(To contact the reporter on this story: RhettLiu@steelhome.cn or 86-555-2238927 18133440120)
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