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The Ministry of Industry to boost steel prices with service providers in transit

Last Friday, the Secretary of the Ministry of raw materials and equipment Division held a special meeting to Baosteel established downstream depth cooperation system, for example, steel prices in transition mode of service providers to the industry-wide promotion, first to promote the project to silicon-based, and As a variety of downstream extension of the demonstration.
 
Upstream and downstream to the docking mechanism
 
Previously, the steel industry has been calling for the steel to strengthen the logistics and the products and services from the manufacturer to an integrated service provider change, but the uneven level of development of each plant. The Ministry of pushing Baosteel upstream and downstream cooperation mechanism, no doubt at this time steel prices in the smelting business stuck in a quagmire under the passive situation of a large area of ??excess capacity, so that market mechanisms play a Forced effect, accelerate the transformation of the business upgrade.
 
Rapid follow-up is the Shanghai Municipal Commission by letter, the Commission said it would strengthen Baosteel Group, consisting mainly of fine steel deep processing production layout to form a fine gathering, leading technology, low carbon development, service first, digital business a new industrial system has become a model of the transformation and upgrading traditional manufacturing new path of industrialization.
 
It is understood that Baosteel will in the next five years, after successive adjustments and compression part of the Shanghai area capacity is expected to adjust the task is completed, Shanghai will reduce the total production capacity of about 5.8 million tons of iron, steel production capacity of about 6.6 million tons, accounting for Baosteel Part 30 percent of steel production capacity.
 
Some steel prices, steel trade and business executives believe that Shanghai in the adjustment of compression steel production at the same time, strengthen the service awareness of the steel industry, market awareness, channel awareness, designed to enhance the level of the logistics of the modern iron and steel enterprises to build international steel trading center.
 
Other telephone interview by the person in charge of the Information Commission, Shanghai, iron and steel enterprises in Shanghai will speed up the pace of butt fusion of the upstream and downstream industries, "the formation of iron and steel manufacturing and service depth integration and efficient service system, the completion of radiation 'Yangtze River Delta 'and the country's modern iron and steel producer services center. promote Baosteel Group to become the information technology and industrialization of the national steel industry, digital business model, 2015, core business processes of information full coverage. Gradually steel spot transaction and steel logistics in close connection with the steel in Shanghai Stock Exchange, to create an international steel trading center.
 
It is understood that in order to achieve this goal, the steel industry will strengthen the construction of the steel producer services functions, integration of advantageous resources such as manufacturing, ports, freight yards, transportation, and improve the distribution base of fine steel processing, ship plate processing and distribution center, large storage base steel electronic trading center and other service industries, the construction of the International Iron and Steel Headquarters, economic concentration, iron and steel logistics, business services, financial services, comprehensive support, and promote the development of steel production services.
 
Meanwhile, Shanghai will be the support of the Ministry of Industry, and actively develop the processing distribution and extension of processing services. Focus on stainless steel deep processing, steel, heavy plate, steel processing, deepening the steel processing and distribution services, and actively develop the metal packaging, steel and other steel extension processing business, increase the depth of steel processing, application and demonstration of the formation of strategic products.



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