In an interview with Shanghai Securities News, Zhang Longqiang, party secretary and President of Metallurgical Industry Information Standards Research Institute, said that China's iron and steel industry will probably continue to carry out crude steel output regulation in 2022, which has also become the common expectation of the industry.
Zhang Longqiang believes that the regulation of crude steel output in the iron and steel industry in 2022 should continue to adhere to the principle of "one size fits all" and classified implementation. From the national level, it is expected to put forward some major directions and principles. For example, there may be no production restriction requirements or less production reduction indicators for steel enterprises or electric furnace short process steelmaking enterprises that meet ultra-low emission standards and environmental performance rating a. From the local point of view, it is expected that all provinces will formulate specific output regulation plans separately and carry out regulation work according to local conditions.
Zhang Longqiang said that it is expected that the efficiency of the iron and steel industry in 2022 will be lower than that in 2021, but it is still at a relatively good level compared with the end of the 12th Five Year Plan. On the one hand, the output regulation policy ensures the regional balance of steel supply and demand, and the profit per ton of steel may be maintained at a certain level. On the other hand, China's economy continues to grow, effectively supporting China's steel consumption.
