Crude steel output will continue to be reduced this year, and the competition pattern of the iron and steel industry will continue to be optimized
[Securities Times] on the 19th, the national development and Reform Commission, the Ministry of industry and information technology, the Ministry of ecological environment, the National Bureau of statistics and other departments conducted research and deployment on reducing crude steel production in 2022, focusing on reducing crude steel production in key areas of air pollution prevention and control such as Beijing, Tianjin and Hebei and surrounding areas, the Yangtze River Delta and Fenwei plain, and reducing crude steel production with poor environmental performance, high energy consumption and relatively backward process and equipment level, Ensure the year-on-year decline of national crude steel output in 2022.
Comments: under the background of "double carbon", China's crude steel output has peaked, and the iron ore supply of overseas mines will be released intensively in the next few years, and the supply and demand of raw iron ore will tend to be loose. As China's "steady growth" continues to develop, steel demand is expected to pick up marginally. The iron and steel industry has the advantages of undervalued and high dividend. The superimposed competition pattern is optimized, and the sector opportunities are highlighted.
Fangda Special Steel Technology Co.Ltd(600507) ( Fangda Special Steel Technology Co.Ltd(600507) ): the dividend plan of the company's annual report is 11.1 yuan for 10 dividends, which has been high for many years.
Hunan Valin Steel Co.Ltd(000932) ( Hunan Valin Steel Co.Ltd(000932) ): the product structure of the company has been continuously optimized, and the sales proportion of high-end steel has increased to 55%.
Beijing Shougang Co.Ltd(000959) ( Beijing Shougang Co.Ltd(000959) ): the company seized the opportunity of the demand growth of new energy vehicles for high-grade non oriented electrical steel and adjusted the product structure.
