17

2021-09

Ministry of Ecology and Environment: Implementing staggered production requirements for the steel industry

The Ministry of Ecology and Environment has drafted the "Comprehensive Governance Plan for Air Pollution in Key Areas for Autumn and Winter 2021-2022 (Draft for Comments)". The plan proposes a strict prohibition on the addition of new steel smelting capacity, with stringent environmental access requirements. Apart from relocation and capacity replacement, no new capacity projects shall be approved. Before the operation of new steel projects, the capacity used for replacement must be simultaneously withdrawn. Efforts should be made to effectively manage staggered production in the steel industry during the heating season, guiding relevant cities to develop staggered production plans for steel.

2021-09-17

15

2021-09

The fifth wave of global steel restructuring

The history of the development of the global steel industry is a history of competition where steel production capacity concentrates in large conglomerates. Some large steel companies, especially multinational corporations, spare no effort in forming cross-border alliances to pursue greater economies of scale, and through mergers and reorganizations, they create larger steel giants. ArcelorMittal is an example of how this has led to the formation of a global steel powerhouse.

2021-09-15

15

2021-09

China's steel industry accelerates low-carbon transformation to create new competitive advantages.

On September 14, 2021, Li Xinchuan, Secretary of the Party Committee and Chief Engineer of the Metallurgical Industry Planning and Research Institute, and Foreign Academician of the Russian Academy of Sciences, was invited to attend the "2021 FMG Technical Forum" and delivered a keynote report titled "Reshaping the Development Pattern of China's Steel Industry with Low Carbon as the Guiding Principle."

2021-09-15

10

2021-09

Thoughts on the Intelligent Transformation and Upgrading of Steel Enterprises

With the rapid development of steel enterprises, the integration of industrialization and informatization in steel companies is deepening continuously, and the demand for strengthening their own informatization construction is becoming increasingly urgent. Currently, new generation information technologies represented by the Internet, big data, artificial intelligence, 5G, and blockchain are evolving rapidly, and a new round of intelligent manufacturing revolution will undoubtedly have a significant and far-reaching impact on the development of the steel industry.

2021-09-10

10

2021-09

The multiple significances of consolidation in the steel industry

On August 23, the Canada Mining Network published an article by Reuters columnist Clyde Russell, stating that since reaching a historic high on May 12 of this year, iron ore prices have been on a downward trend, having fallen by 32.1% to 44% so far. In the past month, the value of iron ore has dropped by about a quarter.

2021-09-10

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