LeapZipBlog: stripssilver's blog: Their suspension and bankruptcy have limited impact on the situation

Their suspension and bankruptcy have limited impact on the situation

February 27, 2020 by stripssilver  

During this period, the government and clad aluminium at various levels also continuously introduced relevant control and rescue measures, such as eliminating outdated production capacity, environmental protection, and increasing investment in major projects such as railway and shed reform to digest production capacity; however, the steel market There are still no signs of turning around. The steel industry is struggling in the "cold winter". On the other hand, although the number of small and medium-sized private steel mills is large, their own production is limited. In the competitive stage, vicious price competition is inevitable and will inevitably be a painful process of transformation. For a long time to come, the steel industry will remain under the "new normal" of low profits or even losses. Constant policy stimulus and incentives have become a chicken rib. **

The main reason is that the space for speculation in the steel industry has narrowed. The growth rate has transitioned from high-speed growth to steady growth, which has led to a slowdown in steel demand growth; between one increase and one decrease, the contradiction between steel supply and demand has become prominent, steel prices have continued to fall, the profitability of steel companies has slowed sharply, and even losses have become normal. According to **** public data estimates, as of the end of 2014, the total crude steel production capacity was 1.

Their suspension and bankruptcy have limited impact on the overall situation. In terms of environmental protection measures that have been vigorously implemented since last year, does Sri Lanka think that the country is trying to rescue the steel industry and regulate the steel industry? In fact, the state has paid more and more attention to environmental protection in recent years, in fact, to improve the needs of people's livelihood.

This process is also the transformation process of China's steel industry from the previous extensive business model to market-oriented fine business.. In today's high-speed marketization, the steel industry must cure the long-standing "policy dependence" in order to survive this "cold winter".14 billion tons. .