On the morning of July 4th, Hebei Province's work conference on capacity-shifting structure and turning energy was held in Shijiazhuang. At the meeting, the “Hebei Province Steel Industry De-capacity Work Plan (2018-2020)” was issued, and the plan was for the Hebei Province steel industry to go to production capacity. aims:
In 2018, the steel production capacity will be reduced by 12 million tons. In 2019, the pressure will be reduced by 14 million tons. In 2020, the pressure will be reduced by about 14 million tons. By the end of 2020, the province's steel production capacity will be controlled within 200 million tons. Three of the 11 steel “zombie companies” in Hebei Province have not yet cleared out, ensuring that all of them will be cleared before the end of this year. By 2020, Baoding, Zhangjiakou and Langfang will all withdraw from steel, and Chengde and Qinhuangdao will withdraw from steel production by about 50%. By 2020, the province's steel smelting enterprises will be reduced to about 60, and the top 15 enterprises will account for more than 90% of the province's production capacity.
Facing the inevitable requirement of high-quality development in the new era, facing the severe market situation of steel price operation, facing the severe challenge of reducing normal production equipment, Tangshan, as the main battlefield of production capacity in Hebei Province, has heavy tasks and great pressure. Ding Xiufeng, the mayor of Tangshan City, said at the conference: "The task of smoothly completing 5 million tons of steel and 2.81 million tons of iron on schedule is not only a realistic test of our responsibility, but also a comprehensive test of our ability to accelerate transformation and capacity.”
As the largest state-owned enterprise in Hebei Province, Hegang Group has been entrusted with trust on the road of transformation and upgrading. “Hegang Group is determined to be a pioneer in the trend of high-quality development.” Yu Yong, chairman of Hegang Group, said that it is necessary to vigorously adjust the structure to significantly improve the quality of products, to the end of the “Thirteenth Five-Year Plan”, with high added value, The proportion of varieties of steel represented by high-tech products has reached more than 70%, and the transformation from “steel manufacturers” to “steel material integrated service providers” has been realized.
Wu'an is a traditional old industrial and basic raw material base in Hebei. The county's heavy industrial structure with steel and coking as its pillars is now in the critical period of “climbing over the ridge, transformation and upgrading”. Wu'an Iron and Steel's production capacity is different from other regions. It not only has a large production base, but also private enterprises. It needs to be co-ordinate and comprehensive.
It is understood that in order to ensure the smooth realization of the task of resolving excess capacity, Wu’an insists on the full allocation of the reduction tasks in proportion, adopts measures such as establishing a policy reward and compensation mechanism, and building a county-level capacity transaction mutual aid platform to explore a production capacity of a large steel county. The road to reduction, integration, reorganization, and retreat into the park is a win-win situation. Before the end of 2020, the blast furnaces in the steel industry will all increase to 1000 cubic meters and above, and the converters will increase to 100 tons and above. All steel enterprises will develop in industrial parks with far-reaching urban resources and scientific allocation of resources. Low emission restrictions require 14 steel companies to be integrated into 5-6 steel conglomerates.

Previous Page：China's steel prices recover on rising demand
Next Page：Zhong Zhengsheng: The three major reasons for the current "production heat, investment cold"

BROWSE SIMILAR INDUSTRY NEWS