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Yu Kou: Current Situation and Development Trend of China’s Special Steel Industry

http://en.steelhome.cn [SteelHome] 2021-04-20 11:18:45

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XVII Steel Development Strategy Conference, hosted by SteelHome, was successfully held in Shanghai Tower during 9-11 April, 2021. Over 1,000 delegates from governments, associations, steel mills, miners, traders, research institutes and media attended.

The 10th International Steel Raw Materials Supply Chain Summit, 11th International Coal & Coke Development Strategy Summit, 9th China Commodities E-Commerce Summit and 2021 SteelHome Spring Report were simultaneously held.

Yu Kou, Former Deputy Secretary-general of China Special Steel Enterprises Association, delivered a speech titled Current Situation and Development Trend of China’s Special Steel Industry on April 9, 2021.

Yu Kou, Former Deputy Secretary-general of China Special Steel Enterprises Association

Summary of speeches

Operating conditions of China’s special steel industry in 2020

1. Output increased slightly.

2. Price vibrated moderately.

3. Inventories rose slightly.

4. Profits of enterprises improved significantly.

5. Exports shrunk as a whole.

Development Trend of China’s Special Steel Industry

1. At present, China is in an important period of transformation and structural adjustment from quantity to quality.

2. China still has a long way to go in the high-end products compared with the foreign countries.

3. A promising future.


(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932 18616060095)
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