2022 metallurgical industry prospects and status report analysis

What is the prospect and current situation of metallurgical industry? How about metallurgical market investment? The metallurgical industry 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 pressure of safety environment. 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.

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 market will further accelerate the pace of automation and information technology in China's steel industry, and accelerate the process of digitalization and intelligence. The China Industrial Internet Research Institute attaches great importance to the integration of the industrial Internet in the metallurgical market industry, and the metallurgical market has in-depth cooperation around standard development, technology roadmap development, pilot demonstration, and dual-carbon innovation, in order to accelerate the innovation and development of the industrial Internet in the steel industry, and promote the transformation and upgrading of the steel industry and high-quality development.

Data show that in 2021, the United States exported 796,600 short tons of metallurgical coal to China, a year-on-year surge of 257.48%, and in February, the United States mainly exported metallurgical coal to Asia and Europe. While U.S. met coal exports to India, Japan and South Korea declined in February, a sharp increase in shipments to China still led to an overall increase in U.S. met coal exports to Asia.

The United States exported 796,600 short tons of metallurgical coal to China, an increase of 257.48% year-on-year. In the same period, the United States exported 1.5 million short tons of metallurgical coal to the entire Asian region, an increase of 7.14%.

Metallurgical industry prospect and present situation

In recent years, China's metallurgical industry has maintained rapid development, the scale of production and operation of metallurgical enterprises has expanded sharply, the merger and reorganization of enterprises has become a trend, the industry concentration has been increasing, the company's management has rapidly increased, metallurgical enterprises have appeared the development trend of collectification, and the integration of resources has become an important issue in the production and operation of metallurgical enterprises.

The metallurgical + iron and steel industry has solved the pain points of the industry that the scrap offline trading link has long relied on artificial subjective judgment and lacked general, unified and objective and accurate inspection standards. The solution of the standardization problem of scrap offline transaction inspection provides technical guidance for scrap renewable resources offline transaction and business intelligent settlement, and establishes the standard benchmark. Metallurgy + steel helps promote the recycling of scrap steel resources and the achievement of the goal of "carbon peak and carbon neutrality" in the steel industry, which has important economic benefits and social significance.

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.