China's steel industry Internet industry development

Emerging technologies such as cloud computing, big data, and the Internet of Things drive the development of the Internet industry in the steel industry. Cloud computing, big data and other technologies assist the iron and steel industry Internet platform to improve the efficiency of supply and demand matching, and reduce the information opacity caused by the complex intermediate circulation links of the traditional steel trade; The Internet of Things, smart storage and other technologies improve the efficiency of circulation links; Blockchain technology solves the trust problem in the Internet trade of the steel industry.

Pain points: upstream steel enterprises are usually batch large-scale production, downstream enterprises are mostly scattered small batch procurement, upstream and downstream supply and demand there is a batch mismatch, coupled with homogeneous products (building materials, etc.) cross-regional trading volume leading to high transportation and processing costs, resulting in upstream and downstream steel industry chain facing supply and demand mismatch, high transaction costs and low transaction efficiency and other difficulties. In the context of national economic restructuring, steel production and circulation are in urgent need of transformation and upgrading. The steel industry Internet platform relies on Internet technology to break the space-time information asymmetry, build digitalization and supply chain coordination, guide the steel industry to effectively improve excess capacity, promote the transformation and upgrading of the steel industry, high-quality development, and help improve the quality and efficiency of the production end; By analyzing the trading data of the platform, the steel price index is launched to reduce the trading price risk and market uncertainty.

Through data penetration, the steel industry Internet compresses the midstream steel trade circulation link and flattens the circulation link. Eliminate industrial information asymmetry, realize the efficient docking of upstream and downstream supply and demand, and at the same time, provide logistics platform services, trading platform services and other services for the upstream and downstream of the industrial chain.

The industrial Internet opens up through data, breaks the "data island", realizes the "three-flow integration" of information flow, logistics and capital flow, improves business efficiency, accelerates the transformation of decision-making mode from "experience-driven" to "data-driven", and provides data support for the upstream and downstream research and development, procurement, production and sales of the steel industry chain.

The steel industry Internet industry has gone through the initial stage, growth stage and rapid development stage, and has now entered the stage of industrial ecological construction. In the initial stage, the steel industry Internet platform is mainly based on steel information platform; After entering the growth stage, online transactions on platforms such as Shanghai Steel Alliance gradually increased, and the industry entered a period of acceleration; In 2015, the steel industry entered the "ice age", steel mills appeared poor sales, service demands increased, bringing development opportunities for the steel industry Internet, the industry entered a stage of rapid development, and the platform in the leading position began to try the development model of trading + value-added services. At present, the iron and steel industry Internet has entered the stage of industrial ecological construction, and leading enterprises in the iron and steel industry Internet industry have begun to build an industrial ecological platform, cooperating with business flow, information flow, logistics, capital flow and other links to form a multi-flow integrated development model.

The iron and steel industry Internet platform enables the upstream and downstream of the industrial chain through online transactions and various service contents, deconstructing and reconstructing the traditional iron and steel industry chain. At present, for the client, has realized online contract signing, online payment, self-service invoicing and other functions, to achieve upstream and downstream enterprises to improve the cost and efficiency of purchase and sales; In the future, the industrial Internet platform will increase the layout of high value-added services, and provide services such as intelligent resource hanging and accurate matching for steel mills. At the same time, based on the analysis and application of data such as user trading behavior, the steel mill is guided to reasonable pricing; Build a data risk control system, conduct credit scores for users, and reduce transaction risks.