china scrap utilization industry policy and profitability analysis in 2017 【pic】 -尊龙凯时官方下载

1, the recovery of superposition capacity to clear, scrap supply into the rapid growth track

crude steel production peaked and growth stagnated. since the 21st century, with the acceleration of the process of industrialization and urbanization, china's steel industry has witnessed a sustained and rapid development. its steel output grew at an average rate of 14.2% in 2000-2013, compared to the world average of 5.2%. in 2014, china's crude steel output peaked at 823 million tons. the subsequent 2015-2016, china's crude steel output is 800 million tons. with the deepening adjustment of the domestic economic structure, the peak of the long-term output growth has passed, the growth of crude steel production is facing a standstill, and the steel industry has entered a period of adjustment.

china's crude output changes

data source: public information collation

related report: "2017-2023 china scrap industry in-depth investigation and investment strategy research report" released by chi research consulting

with the continuous growth of steel reserves, the corresponding scale of scrap steel resources will increase accordingly. in the past ten years or so, china has made vigorous efforts to develop infrastructure, and the consumption of crude steel and steel has been growing rapidly. according to the "13th five-year plan" of the scrap iron and steel industry released by the china association of iron and steel research and application in december 2016, by the end of 2015, the national steel deposit (referring to the total amount of steel in the metal assets actually owned by the state) reached 80 100 million tons, the society's scrap steel resources more than 160 million tons, providing a basis for the supply of scrap steel recycling.

changes in apparent consumption of crude steel and steel, 2000-2015

data source: public information collation

the future of scrap metal scrap car output or will rise sharply. in recent years, china's automobile production has been increasing year by year, with the continuous growth of car ownership, the number of scrap cars to be substantially increased in the future, and scrapped cars are one of the important sources of scrap. according to the analysis, it is estimated that the scrapped capacity in 2017 will reach more than 9 million units, and the scrap car industry is expected to become the main force in the scrap market.

china's automobile output and ownership changes in recent years

data source: public information collation

2, committed to the development of green, short-range steelmaking efforts to increase

china's crude steel production to long-based, short-flow steelmaking technology has not been effectively developed. as of 2015, china's short-run steelmaking output was only 48.8 million tons, accounting for only 6.07%. from the output point of view, according to statistics, since 2000, china's short-run crude steel production is far below the long-term crude steel production, short-run steelmaking output in 2015 was only 48.8 million tons, while the long-range steelmaking output was as high as 75500 tons of tons; from the output structure, the proportion of short-term process has been declining since 2010, only 6.07% in 2015. therefore, it can be seen that in the past, the production of crude steel in our country was dominated mainly by long processes, and the short-flow steelmaking process was not effectively developed and promoted, resulting in a relatively low proportion of crude steel output and its share in the short-run.

china's short-run and long-run steelmaking production changes

data source: public information collation

china's short-run and long-range steelmaking accounted for

data source: public information collation

china's short and long process steelmaking output structure is still much room for improvement than the international level. throughout the world, in 2015, the ratio of long-run steel making in china was 93.9%, 19.8% higher than the world average. in 2015, the ratio of short-run steel making in china was 6.1%, 19.1% below the world average. the short- and medium- proportion of the structure is more extreme, there is a big room for change in the future.

the world's major national long-term steelmaking ratio

data source: public information collation

the world's major short-range steelmaking ratio

data source: public information collation

3, highlighting the cost advantages, scrap unit consumption continued to rise

scrap prices and the cost of hot metal contrast

data source: public information collation

from the business point of view, scrap unit consumption growth is very obvious. baosteel increased to 183.8kg / t from 167.2kg / t last year; that of sharpening steel increased from 145.8kg / t last year to 237.5kg / t; that of masteel increased from 155kg / t last year to 167kg / ton; delong iron and steel increased from 96 kg / tonne last year to the present 164 kg / ton; angang chaoyang company from last year's 144 kg / tonne to the current 203 kg / ton.

change of unit consumption of steelmaking scrap in our country

data source: public information collation

4, "13th five-year" plan to promote the rapid development of scrap iron and steel industry

in accordance with the target set forth in the "13th five-year plan for the development of the scrap iron industry", the ratio of steelmaking scrap in our steel industry will increase significantly in the next five years, which means that the proportion of scrap steel in steelmaking raw materials needs to be increased. the relative iron ore and the proportion of coal will be reduced; electric furnace steelmaking ratio means that steel enterprises need to configure more short-flow steelmaking process, the same will affect the long-term use of raw materials. in the future, the demand structure of raw materials in the steel industry will be changed, which has ensured the demand growth of scrap processing equipment in the medium to long term.