Analysis and development recommendations for the current status of stainless steel industry in my country

2 thoughts on “Analysis and development recommendations for the current status of stainless steel industry in my country”

  1. The growth momentum of output is still
    This stainless steel production has a history of 40 years. Due to the continuous high -speed growth of my country's economy, it helps to continue to grow in the stainless steel production and processing industry. In recent years, the output of stainless steel has increased year by year. In 2020, China's stainless steel crude steel output reached 30.14 million tons, an increase of 740,000 tons from 2019, an increase of 2.5%year -on -year.
    In statistics from the Stainless Steel Branch of the China Special Steel Enterprise Association, China's stainless steel crude steel output in 2021 was 30.632 million tons, an increase of 493,000 tons year -on -year, an increase of 1.64%.
    It's proportion of steel, 300 series stainless steel occupies the market share of stainless steel at nearly half. In 2021, CR-Ni (300 series) stainless steel output was 15.067 million tons, accounting for 49.2%of the output of stainless steel crude steel; CR -Mn (200 Series) stainless steel output is 9.058 million tons, accounting for 29.6%of the output of stainless steel crude steel; CR (200 Series) stainless steel output is 6.267 million tons, accounting for 20.5%of the output of stainless steel crude steel; 0.8%of the output of stainless steel crude steel.
    The import and export scale has greatly increased
    The on import and export, since 2016, my country's stainless steel imports have shown a fluctuating trend. In 2021, China's imported stainless steel was 2.927 million tons, a year -on -year increase of 11.23 million tons, an increase of 62.19%. Among them, the imported stainless steel billet was 1.356 million tons, an increase of 492,000 tons, an increase of 56.98%year -on -year.
    It is different from the performance market performance. Since 2016, my country's stainless steel exports have shown a downward trend. In 2020, the national stainless steel export volume was 3.416 million tons, a decrease of 255,400 tons from the previous year, a year -on -year decrease of 6.95%.
    In data from the General Administration of Customs, China exported 4.461 million tons of stainless steel in 2021, an increase of 1.044 million tons year -on -year, an increase of 30.55%. The decline in exports has improved.
    The domestic demand continues to increase
    From the perspective of stainless steel consumption, from 2015-2020, my country's stainless steel apparent consumption consumption overall upward trend. Data show that in 2020, my country's stainless steel apparent consumption has maintained a growth momentum. Object consumption is 25.61 million tons, an increase of 6.50%year -on -year.
    In 2021, China's stainless steel consumption continued to grow. The annual stainless steel consumption consumption was 26.101 million tons, an increase of 493,000 tons year -on -year, an increase of 1.92%.
    -The above data refer to the "Analysis Report on the Forecast and Transformation Upgrade of China's Stainless Steel Industry Development Prospects in Stainless Steel Industry"

  2. Under the impact of the overall surplus epidemic of production capacity
    2010-2013, the annual growth rate of stainless steel production capacity has maintained an annual growth rate of more than 10%. The growth rate of the industry supply continued to slow from 2013-2017. After 2018, stainless steel production capacity returned to growth.
    2019 stainless steel rude steel production capacity increased by 7.5%to 42.75 million tons. In the next 1-2 years, there will still be about 4.5 million tons of stainless steel production capacity waiting to be put into production. In recent years, my country's stainless steel production capacity utilization rate has been maintained within 70%, and the overall production capacity is excess.
    In output, from 2001 to 2019, my country's stainless steel production increased rapidly, reaching 5.3 million tons in 2006, surpassing Japan to become the world's largest stainless steel producer. At present, my country's stainless steel output has accounted for more than 50%of the world's stainless steel output, establishing my country's important position in the world's stainless steel market.
    In 2019, my country's stainless steel output was 29.4 million tons, an increase of 10.09%year -on -year, and the growth rate further increased. In the first quarter of 2020, the output of stainless steel crude steel in the country was 6.0799 million tons, a year -on -year decrease of 604,200 tons from the first quarter of 2019, a 9.04%reduction.
    2010-2019 Our stainless steel watch consumption consumption in China showed a growth trend. In 2019, China's stainless steel consumption consumption was 24.05 million tons, an increase of 12.8%year-on-year, accounting for about half of the global consumption.
    If affected by the epidemic, the demand for stainless steel in my country in the first quarter of 2020 appeared in a weak trend of stainless steel. Objective consumption of stainless steel was 4.909 million tons, a year -on -year decrease of 806,100 tons in the first quarter of 2019, a decrease of 14.12%.
    The industrial agglomeration effect is highly concentrated in the industry
    The development over the years plus industry nature, my country's stainless steel industry agglomeration effect has been continuously strengthened. At present, the four major industrial clusters have been formed by industrial agglomeration, including: Fujian, Guangdong, Guangdong, Guangdong , Guangxi and Wuxi. Among them, East China has a complete industrial door, and has many stainless steel processing and product industry groups. The consumption of stainless steel is parallel with South China.
    At present, my country's stainless steel production capacity accounts for more than 50%of global production capacity, and the industry concentration is high. As of the end of 2019, the top ten companies in the stainless steel industry account for 81.08%. The concentration of steel production capacity, the concentration of China's stainless steel industry will also be further improved.
    The head companies include Qingshan Group and Tai Sang stainless. Qingshan Holdings Group Corporation is currently a global stainless steel leading enterprise, with an output of about 20%of global output. Tai Steel Stainless is an old domestic stainless steel company. It ranks leading in the industry. Most of the products are high -end stainless steel products. Essence In the future, the leading dispute between the stainless steel industry will be highly probably launched between the two companies.
    The influence of the epidemic affected new infrastructure and other factors to promote the industry to maintain high demand
    The new infrastructure mainly includes 5G networks, artificial intelligence, industrial Internet, Internet of Things, UHV, new energy vehicle charging piles and cold chain logistics logistics Wait for projects. Generally speaking, compared to the direct pull of the traditional "iron public base", the demand for stainless steel for new infrastructure has declined, but in terms of absolute demand, new infrastructure and other factors will promote the maintenance of the industry to maintain maintenance High demand. At the same time, the development of advanced manufacturing industries such as the reconstruction of old communities, intelligent manufacturing, marine engineering, rail transit, and satellites will also drive the demand for stainless steel. Medical equipment such as surgical tools, needles, and medical auxiliary tools (carts), etc., will also usher in the growth of demand. In the kitchen appliances consumed by ordinary people, antibacterial stainless steels have mentioned the schedule of demand.
    Affected by factors such as the epidemic, although the macro economy in 2020 has a large downward pressure, the amplitude is controllable. As the government has continued to increase its investment in infrastructure, and measures such as reducing financing costs to ensure that the macroeconomic stability is at a controllable level, the output of Chinese stainless steel in 2020-202 may continue the high position in the previous few years, and the demand for stainless steel also It will fluctuate slightly without changing the high level. By 2025, China's stainless steel output and apparent consumption will reach 40.29 million tons and 34.64 million tons, respectively.
    For more data, please refer to the Foresight Industry Research Institute "China's Stainless Steel Industry Development Forecast and Transformation Upgrade Analysis Report"

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