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China Coking Industry Association: Strengthen Market System Construction, Industry Chain Integration

https://en.steelhome.com [SteelHome] 2020-08-20 09:54:19

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On August 14-16, 2020, 16th Steel Development Strategy Conference, hosted by SteelHome, was successfully held in Shanghai Tower. Around 800 delegates from governments, associations, steel mills, miners, traders, research institutes attended the one of biggest events in China steel industry.

9th International Raw Materials Supply Chain Summit, 10th Coal & Coke Development Strategy Conference, 8th China Commodities E-Commerce Summit and 2020 SteelHome Summer Report were simultaneously held.

On the afternoon of August 15, Cui Pijiang, President of China Coking Industry Association delivered an opening speech titled with “Strengthen Market System Construction and Deepen Integration of Coal, Coke and Steel Industry Chain”.

Cui Pijiang, President of China Coking Industry Association

Summary of speeches

COVID-19 has caused a serious impact on the development of China and the world in a sudden. However, China effectively controlling the pandemic in a relatively short period of time shows some points. One is to fully demonstrate the core role of the leadership of the Communist Party of China, and the other is to fully reflect the advantages of socialism with Chinese characteristics. The third indicates that China has a complete industrial chain for supply and basic medical facilities. And the fourth is that it embodies the community spirit and spirit of struggle of the people which were worthy of praise.

Looking at the economic operation status of the coking industry in the first half of 2020, COVID-19 only had a greater impact on production in the first quarter, and has gradually returned to normal levels in the second quarter. Due to the effective adjustment of supply and demand, the operating profit of coking enterprises has also improved. This prosperous trend is hard-won and should be maintained. Judging by the goals and tasks set for national economic development this year, as well as the development trend of the global economy and trade, the output of the coal, coke and steel industry for the whole year will be flat or slightly reduced, and enterprise profit will be lower than that in the previous year.


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