At present, the world economy is still in a period of deep adjustment, the global mining industry continues to be in a downturn, and mineral trade and mining investment have declined significantly. On September 8, at the 14th China International Conference on Coking Technology and Coke Market, the development of my country's steel industry faced the pressure of the new economic normal and overcapacity, and it was necessary to jointly build a harmonious and sustainable steel industry chain. However, the current situation of oversupply in the entire steel industry chain will continue, and the situation of declining demand, declining output, depressed prices and declining efficiency will not fundamentally change in the short term.

The steel industry has entered a period of deep reform and adjustment

According to the vice-chairman of China Iron and Steel Association, in 2016, with the slowdown of economic growth, the demand weakened, the supply of steel exceeded the demand, and the output showed a downward trend. Signs; iron and steel enterprises are accelerating the implementation of structural adjustment and transformation and upgrading, laying a foundation for the healthy development of my country's iron and steel industry in the future.

Said that my country's economy has entered a deep adjustment, steel and coal must adapt to new situations and changes, achieve a new balance in a new environment and on a new platform, and achieve a new balance at an appropriate speed, in an appropriate manner, with higher efficiency and better quality, and continue to maintain a healthy and stable state of development. Faced with the same external environment, it is impossible for any party in the iron and steel industry chain to "stand alone" for a long time, and industrial chain cooperation is an inevitable trend. Therefore, all stakeholders in the steel industry should put aside their short-term interests, and form a long-term and stable cooperative relationship with upstream and downstream enterprises to truly share benefits and risks from the perspective of industrial chain construction.

On September 6, at the 2nd Iron and Steel Industry "New Knowledge, New Technology, New Concept" Summit Forum, the Secretary of the Party Committee and Secretary-General of China Iron and Steel Association pointed out that at present, my country's iron and steel industry has entered a period of in-depth reform and adjustment. my country's steel industry is an important strategic adjustment to the goal of "big and strong". However, the transformation of my country's iron and steel industry from scale benefits to quality benefits, speeding up the balance of supply and demand in the iron and steel industry, and promoting transformation and upgrading, these series of problems require the support of new knowledge, new technologies and new concepts with a strategic height, and experts and scholars from various fields are needed. , business elites, etc. for a long time, extensive discussion and demonstration.