China is promoting a new industrial revolution in the iron and steel industry

At present, the world economy is still in a period of deep adjustment, the global mining industry continues to be in a downturn, and the trade of mineral products and mining investment have declined significantly. On September 8, at the 14th International Conference on China's coking technology and coke market, the development of China's iron and steel industry faced the pressure of the new economic normal and overcapacity, so it is necessary to build a harmonious and sustainable iron and steel industry chain. However, at present, the oversupply situation of the whole iron and steel industry chain will continue, and the situation of declining demand, declining output, low price and declining efficiency will not fundamentally change in the short term.

The iron and steel industry has entered a period of in-depth reform and adjustment

According to the vice president of China Iron and Steel Industry Association, in 2016, with the slowdown of economic growth and weakening demand, the supply of steel exceeded demand, and the output showed a downward trend; The industrial efficiency is getting better, and there are signs of balanced development in the iron and steel industry chain; Iron and steel enterprises are accelerating the implementation of structural adjustment, transformation and upgrading, which has laid a foundation for the healthy development of China's iron and steel industry in the future.

Said that as China's economy has entered a deep adjustment, iron and steel and coal must adapt to new situations and changes, achieve a new balance in a new environment and on a new platform, and continue to maintain a healthy and stable state of development at an appropriate speed, in an appropriate way, with higher efficiency and better quality. Facing the same external environment, no party in the iron and steel industry chain can be "alone" for a long time. Industrial chain cooperation is an inevitable trend. Therefore, all stakeholders in the iron and steel industry should put aside their short-term interests and form a real long-term and stable cooperative relationship of benefit sharing and risk sharing with upstream and downstream enterprises from the height of industrial chain construction.

On September 6, at the second "new knowledge, new technology and new concept" Summit Forum of the iron and steel industry, the party secretary and Secretary General of China Iron and Steel Industry Association pointed out that at present, China's iron and steel industry has entered a period of in-depth reform and adjustment, which is an important strategic adjustment of China's iron and steel industry towards the goal of "big and strong". The transformation of China's iron and steel industry from scale efficiency to quality efficiency, accelerating the balance between supply and demand of the iron and steel industry, and promoting transformation and upgrading. This series of problems need the support of new knowledge, new technology and new ideas with a strategic height, as well as the long-term and extensive discussion and demonstration of experts, scholars and enterprise elites from various fields.