Development prospects of metallurgical industry in 2022

China Report Hall network news, metallurgy market attention is very high and involves a wide range of industries, for China's economic and social development has an important role. China's metallurgical market is in a stage of rapid development, metallurgical enterprises appear the trend of collectivization, the new information technology to promote the metallurgical society in each field of new infrastructure. The following is the development prospect of the metallurgical industry in 2022.

As the world's largest metallurgical industry, China's steel output and commonly used non-ferrous metal output are close to half of the global output. In order to improve the overcapacity of the metallurgical industry and gradually realize the sustainable development of the metallurgical industry, the state promotes the transformation and upgrading of the metallurgical industry from the aspects of policy.

The metallurgical industry is highly related, involves a wide range, and draws large consumption, and plays an important role in economic construction, social development, finance and taxation, and personnel employment. Metallurgy is the foundation of national economic construction, is a sign of national strength and industrial development level, it for machinery, energy, chemical industry, transportation, construction, aerospace industry, national defense and other industries to provide the required material products.

The metallurgical industry market has many characteristics such as long process, multiple processes and complex processes, and there are generally pain points such as overcapacity, low labor efficiency and high safety environment pressure. Relying on 5G+ industrial Internet to carry out green, intelligent and high-quality transformation and development is an inevitable choice for the industry. The new generation of information technology has promoted the transformation of digitalization, networking and intelligence in all fields of the metallurgical society, and the new infrastructure represented by 5G and the industrial Internet has accelerated the penetration and empowerment of various metallurgical industries.

In recent years, China's metallurgical industry market has maintained rapid development, the scale of production and operation of metallurgical enterprises has expanded sharply, the merger and reorganization of enterprises has become the trend, the industry concentration has continued to increase, the company's management has rapidly increased, metallurgical enterprises have appeared the development trend of collectification, resource integration has become an important topic of metallurgical enterprise production and operation.

Hydrogen metallurgy technology, which uses hydrogen instead of coal as reducing agent, is the best way to decarbonize metallurgical industry. At present, China's metallurgical industry is accelerating the application of hydrogen energy, and eight iron and steel companies have taken the lead in the layout of hydrogen metallurgy.

In the context of carbon neutrality, low-carbon emission reduction requirements will gradually become the development goals of the steel and metallurgical industries, and promote hydrogen metallurgy to replace traditional processes with high carbon emissions. It is expected that in 2022, the layout of hydrogen metallurgy enterprises will be more than 10, and the demand for metallurgical hydrogen is expected to reach 300,000 tons. In the future, the actual demand growth of China's metallurgical products will maintain an average annual growth rate of 7.57%, and it is expected that the central and southern region will become the most potential region for the demand for metallurgical products in China in the future, and metallurgical production enterprises will become the enterprises that benefit most from the demand growth of downstream industries.

In the context of the dual carbon goal, low-carbon emission reduction is the development goal of the metallurgical market, but also to promote the development of the metallurgical industry, metallurgy is the foundation of national economic construction, is a sign of the national industrial development level.