Currently, the global economic recovery is slow, and China is in a critical period of economic recovery and industrial upgrading. The overall demand for domestic steel is showing a downward trend, and the steel industry has entered a period of deep adjustment. In recent years, iron ore prices have also fluctuated and become unstable. Domestic steel enterprises face significant difficulties in their operations. From the first three quarters, the steel industry has shown an overall trend of high production, high costs, high exports, weak demand, and low efficiency.
The Guiding Opinions on Promoting the High Quality Development of the Steel Industry propose to strive for the basic formation of a high-quality development pattern with a reasonable layout structure, stable resource supply, advanced technology and equipment, outstanding quality brands, high level of intelligence, strong global competitiveness, and sustainable green, low-carbon development by 2025.
China is the world's largest producer and consumer of steel. The steel industry shoulders the heavy responsibility of promoting green and low-carbon development. How to choose a path to maintain the safety and reliability of raw material supply in the steel industry? How to break through sustainable development by enhancing the endogenous driving force of the entire industry? Jiang Shengcai, Secretary General of the China Metallurgical Mining Enterprise Association, provided his suggestions.
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