Tel:0532-87965066

EN

CN

Website Group

Website Group

News Center

Steel Industry Self-Discipline Initiative
2021-05-27

Since the beginning of this year, the steel market has been volatile. Especially since May 1, there has been a trend of ups and downs, which has a greater impact on the production and operation of the steel industry and the stable development of the upstream and downstream industrial chains. Currently, my country's steel industry is at a critical stage of historical development. Not only does it need to deepen supply-side structural reforms, it also faces new challenges such as carbon peaking and carbon neutrality. In this special period, the steel industry must be based on the new development stage, implement new development concepts, build a new development pattern, unite and self-discipline, gather strength, promote industry transformation and upgrading, and promote low-carbon development. , green and high-quality industrial development. Let’s jointly create a fair, stable, healthy and orderly market environment. According to my country’s relevant national policies and regulations, combined with the actual situation of the steel industry, we recommend:

The first is to organize production on demand and maintain a balance between supply and demand. Maintaining a balance between supply and demand is the basic condition for stabilizing the steel market. Iron and steel enterprises should rationally organize production according to market demand and increase the proportion of direct supply. When major changes occur in the market, steel companies should actively promote the balance between supply and demand and maintain market stability by adjusting output, optimizing product structure, adjusting inventory and other measures.

 

The second is to adjust export strategies to ensure domestic supply. Recently, the country has adjusted its steel import and export policies to encourage the export of high value-added products and restrict the export of low-end products. The policy direction is obvious. Iron and steel enterprises must adjust their export strategies, focus on meeting domestic demand, give full play to the supplementary and regulating role of import and export, and adapt to the new development pattern of steel import and export.

 

The third is to play a leading role and strengthen local self-discipline. Regional leading enterprises should give full play to the role of market "stabilizer" and take the lead in maintaining the smooth operation of the regional market. Regional enterprises should further improve regional self-discipline, avoid vicious competition, and promote the stable and healthy development of the regional market through strengthening exchanges and benchmarking to tap potential.

 

The fourth is to deepen cooperation in the industrial chain and achieve mutual benefit and win-win results. Normal fluctuations in the steel market are inevitable, but ups and downs are not conducive to the sustained and healthy development of the upstream and downstream industrial chains of the steel industry. The steel industry and downstream industries must strengthen communication, innovate cooperation models, achieve symbiosis and co-prosperity in the industrial chain, and form a new situation of mutual benefit, win-win, and coordinated development.

 

The fifth is to resist vicious competition and promote orderly development. Recently, steel prices have fluctuated greatly, and the market has been chasing ups and downs, which has amplified the fluctuations in steel prices and is not conducive to the smooth operation of the steel market. Steel companies must resist vicious competition and oppose price gouging.

 

 

When the price rises, it is much higher than the cost; when the price falls, it opposes dumping below the cost. Jointly maintain fair competition in the market and promote the orderly and healthy development of the industry.

Sixth, strengthen market monitoring and issue early warnings in a timely manner. The Iron and Steel Association should give full play to its role as an industry association, strengthen the monitoring of steel market supply, demand, price and other information, conduct market analysis and research, and issue early warnings to enterprises. timely manner. Especially when there are major fluctuations in the steel market and major adjustments to national policies, meetings will be held in a timely manner based on market conditions to inform relevant situations to help companies grasp the market situation and better carry out production and operations.

 

Seventh, assist in market supervision and strictly guard against malicious speculation. Cooperate with relevant national departments to strengthen future market linkage supervision, investigate and deal with abnormal transactions and malicious speculation, and assist in investigating and punishing the implementation of monopoly agreements, spreading false information, driving up prices, especially hoarding. Build a stable and orderly market order and promote high-quality development of the industry.

Back