钢铁业供需发力提质效 开拓更大需求

Core Viewpoint - The steel industry is crucial for the national economy, facing significant challenges due to global economic changes and carbon neutrality goals, prompting the release of a growth stabilization plan for 2025-2026 to enhance quality and reasonable growth in the sector [1][3]. Group 1: Supply and Demand Balance - In the first three quarters of this year, China's steel industry reported a total profit of 97.34 billion yuan, marking a recovery from previous losses [2]. - The industry is experiencing a supply-demand imbalance, with excessive supply and insufficient effective demand, particularly as traditional construction material demand declines [2][3]. - The pressure for stable growth remains high due to complex external conditions, despite some recovery in economic benefits from lower raw material prices [2]. Group 2: Effective Supply Enhancement - China is the largest steel producer and consumer globally, yet the industry's overall profit margin is only 0.4%, indicating a need for the orderly exit of inefficient production capacity [4]. - The plan emphasizes precise control of production capacity and output, promoting the exit of outdated capacities while supporting advanced enterprises [4][5]. - Companies are encouraged to focus on high-value-added products and differentiate themselves through innovation and market sensitivity [5]. Group 3: Expanding Demand - The development of high-performance steel products, such as ultra-thin silicon steel, is crucial for meeting the demands of emerging industries like robotics and renewable energy [6][7]. - The plan aims to enhance the supply of high-end products by focusing on key materials needed for advanced equipment and components, fostering collaboration across the industry [7]. - The transition towards high-end, green, and intelligent steel production is emphasized, with a focus on technological innovation and supply-demand alignment to improve industry resilience [7].