The new year is approaching, what kind of changes will China’s stainless steel industry face?

After a year of hard work by all mankind, COVID-19 has been well controlled, but the number of cases in some countries and regions has not decreased, which will affect the production and sales of the global stainless steel industry.

We still need to pay attention to the development of the real estate industry in 2021. Due to the impact of the epidemic, the real estate industry will receive strong support from fiscal policies such as local bonds in 2020. Although there will be bond issuance in 2021, it will not increase significantly if there are no major incidents. Therefore, in terms of fiscal policy, the overall fiscal policy will remain stable, and there may be an increase in phases. Compared with the whole year, the increase should be relatively limited.

In 2021, we also need to focus on changes in the production of iron ore (1066, 22.50, 2.16%) and coking coal (1659, 60.00, 3.75%) and coke (2738, 104.00, 3.95%). As far as iron ore is concerned, as the demand for steel in China continues to rise, the impact of the epidemic will continue to exist in 2021, especially from shipment to arrival. This cycle will continue to extend, and the arrival of iron ore will be full In other words, the frequency of iron ore market fluctuations in 2021 will also increase.

Regarding nickel ore, according to the World Bureau of Metal Statistics (WBMS) and the International Nickel Industry Research Organization (INSG) last week, although the overall global nickel ore supply is surplus, the epidemic situation in some countries is still serious, so in terms of stainless steel production(stainless steel threaded pipe fittings) , This also has a great impact on China, one of the largest nickel ore importers

Safety accident inspection is also an important task during the “14th Five-Year Plan” period and requires great attention.

As far as 2020 is concerned, although the stainless steel industry has relatively few accidents and relatively low property losses, coal mines, one of the raw material suppliers of steel, have frequent accidents, which has caused the Chinese government to continuously increase inspections of this area, especially imported coal. The total amount of coal is limited, and China is facing a continuous peak of coal consumption, and the situation of short supply is very obvious for stainless steel pipe fittings supplier.