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May 28, 2020

Two Sessions & Steel

It can be seen by sorting out the relevant suggestions of the steel industry represented by the two conferences that the industry's focus in 2020 will mainly be on the high-quality development of the steel industry and the appropriate liberalization of scrap steel import policy control.
He Wenbo, Secretary of the Party Committee, Executive Chairman and Secretary General of the China Iron and Steel Association, said that the progress made by the steel industry in technological innovation in recent years is the result of continuous deepening of supply-side structural reforms, which has laid a solid foundation for the steel industry to achieve high-quality development. . Li Gang, chairman of Sangang Minguang, pointed out that the high-quality development of the steel industry, first of all, each enterprise must have a sense of high-quality development, to reflect the responsibility, high-quality development should first be green development.
Regarding the green development of the iron and steel industry, Li Lizhang also put forward the "Recommendations on permitting the import of recycled steel materials". He suggested that in the proposed import standard, "scrap steel" should be changed to "recycled steel materials", "scrap steel" is not garbage, but strategic resources. In addition, relevant departments should speed up the formulation and approval of standards and work processes for imported recycled steel materials. Cao Zhiqiang, Chairman of Valin Group, also proposed to appropriately liberalize the import control of scrap steel, and suggested that the state transfer the scrap steel out of the “Restricted Import Goods Management Catalog”.

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