China's steel industry Internet industry development

Definition: Industrial Internet is a two-way penetration network between the demand side and the supply side of the Internet connection industry, which includes online transaction innovation based on the traditional trade model, namely B2B Internet trading platform; It also includes the effective penetration and integration of traditional industrial logistics and credit management services through Internet technology innovation to further promote the realization of online value-added services of offline resources; Finally, through the systematic transformation of new generation technologies such as big data, cloud computing, and artificial intelligence, multi-stream integration and multi-stream collaboration are promoted, and ecological collaboration of the whole industrial chain is realized.

Quantitative statistical categories: Considering that the current iron and steel industry Internet mainly consists of online trading, logistics platform service and credit management service, but credit management service is still in the early stage of development, so the statistical caliber of the industry scale of online trading and logistics platform service is the business scale, and the statistical caliber of credit management service is the potential development space. Iresearch will continue to pay attention to the development of industrial Internet. According to the subsequent increase of industrial Internet formats, the statistical caliber is adjusted accordingly.

According to industry categories, the industrial Internet platform can be divided into steel industry Internet, coal industry Internet, oil industry Internet, non-ferrous metal industry Internet, building materials industry Internet, chemical and plastic industry Internet, auto parts industry Internet, FMCG industry Internet, pharmaceutical industry Internet.

The industrial Internet platform does not participate in the core risk control and lending links of financial institutions, but it not only has accumulated a large number of enterprises with real trade background and financing needs, but also has advantages in the control of goods rights and in-depth understanding of the real-time dynamics of the industry. Advanced technology and unique environment enable the industrial Internet platform to provide credit management services. Assist financial institutions to complete the docking of financing needs before loans, auxiliary risk control support during loans and supervision and disposal of goods after loans. With the intervention of credit management services, financial institutions can better control risks in the industrial chain, and enterprises in the industrial chain can more easily obtain financial support at reasonable prices.

The industrial Internet breaks through the traditional mode of linear information transmission and step-by-step response resource scheduling plan of industrial participants, breaks the information barriers between industrial subjects, and builds a new supply-demand relationship and ecological coordination relationship. Under the role of the industrial Internet, the resources and information among the participants in the industry will rapidly interact and respond, and eventually restructure the industrial network and form a value ecology. The role of industrial Internet in promoting traditional industries is becoming increasingly obvious, especially in the field of industrial manufacturing and bulk supply chain such as steel and mechanical processing, and the digital connection re-energizing the industrial supply chain, driving the dual change of manufacturing production and purchasing and marketing mode.

From supply and demand matching to chain reconstruction, digital new infrastructure to achieve industrial interconnection

Although the development of the industrial Internet depends on core technologies such as big data, cloud computing, artificial intelligence, and the Internet of Things, which continue to accelerate the process of technology development and commercialization and seek more practical application scenarios where technologies can be implemented, the industrial Internet is by no means a simple "technology +" modular concept innovation, its fundamental significance is to be based on online and digital. We will transform industrial forms and organizational methods, optimize the production, operation, and financing models of enterprises, and strengthen industrial collaboration and interaction, so as to achieve optimal allocation of resources, ecological network construction, and even integrated development across industries.

Specifically, the core links in the traditional value chain, such as R & D design, production and manufacturing, content creation, operation and sales, and collaborative management, can all become the objects of industrial Internet penetration and transformation through technology. New technology scenarios, platforms, management concepts and other elements also need to be integrated into the new network relationship shaped by the industrial Internet to achieve landing applications.

From the perspective of the downstream demand industry distribution of the steel industry, demand mainly comes from the construction and machinery industries, and the two industries accounted for a total of 72.1% in 2019. The downstream demand for steel is highly volatile and affected by the internal and external macro environment. Downstream, the majority of small and medium-sized steel enterprises with financing difficulties, financing problems prominent.