There is no fundamental change in the situation of oversupply of coal and steel, and the capacity reduction of coal and steel still needs to be maintained


Recently, the coal and steel industries have become "hot" again. According to the data released by the National Bureau of Statistics, in the first two months of this year, the average year-on-year increase in the prices of coal mining and washing industries was 39.0%, and the average year-on-year increase in the prices of ferrous metal smelting and calendering industries was 38.9%. Thanks to the rapid rise of coal and steel prices, the benefits of the coal and steel industries have also improved significantly. In the first two months of this year, the coal mining and washing industry turned a profit of 43.8 billion yuan from a loss in the same period of last year, and the total profit of ferrous metal smelting and rolling processing industry increased by 21.1 times year-on-year.
With the improvement of the market situation and the rise of prices, some new situations and problems have emerged in the work of coal and steel de productivity. For example, some places and enterprises have shown a wait-and-see mood. Some enterprises have decreased their enthusiasm for capacity reduction, and it is more difficult to withdraw capacity.
Although the first battle was successful last year, there is still a long way to go to reduce production capacity. At present, the pattern of severe overcapacity and oversupply in the steel and coal industries has not fundamentally changed, and the industrial capacity utilization has not recovered to the normal level. Once the work of reducing production capacity is relaxed, the industry will fall to the bottom again, and the tragic scene of market downturn, price drop and huge losses of enterprises two years ago will reappear. Confidence and determination to cut production capacity must not be relaxed.
In fact, the improvement of steel and coal industries reflects the effect of capacity reduction. In this regard, the majority of enterprises are deeply experienced. According to the statistics of 145 private steel enterprises, the sales revenue in 2016 increased by 11% year on year; The profit was 40.1 billion yuan, while the loss in the same period last year was 4.4 billion yuan.
Wang Lianzhong, Executive Deputy Secretary General of the All China Metallurgical Chamber of Commerce, believed that the above achievements benefited from the further release of various policy dividends on capacity reduction, the strengthening of urban infrastructure construction, the stable demand of the automobile manufacturing industry and other factors. The superposition of these factors alleviated the problem of oversupply, promoted positive changes in the steel market, and demonstrated the characteristics of weak balance, which also led to the stable and rising steel prices.
For the trend of coal price and steel price, which has been paid close attention to at present, relevant national departments have also carried out scientific research and judgment. On March 16, the National Development and Reform Commission emphasized that, on the whole, the supply of coal and steel at present and in the next stage is sufficiently guaranteed, the contradiction of supply exceeding demand has not fundamentally changed, and the prices of coal and steel do not meet the conditions for a sharp rise. Therefore, we should continue to work on production capacity.
This year is the year of deepening supply side structural reform. In accordance with the annual target task of capacity reduction, this year we will reduce the steel production capacity by about 50 million tons, withdraw more than 150 million tons of coal production capacity, and eliminate, suspend and delay the construction of coal power production capacity by more than 50 million kilowatts.
The iron and steel overcapacity reduction meeting held on March 27 stressed that this year, the iron and steel overcapacity reduction should focus on the "three lines": the first line is the "bottom line", and the task of about 50 million tons of overcapacity reduction should be completed; The second line is the "red line", which should be completely banned; The third line is "online". We should pay close attention to the steel market price to prevent the market from ups and downs.
At the symposium on capacity reduction and stable supply in the coal industry held on March 22, the relevant person in charge of the National Energy Administration also said that in 2017, coal capacity reduction will scientifically grasp the intensity and pace of capacity reduction, and more strictly follow the standards to ensure that absolutely backward capacity is resolutely withdrawn, relatively backward capacity is accelerated to exit, and excess capacity is guided to exit, making room for market and development of advanced capacity.
"The capacity reduction has entered the deep-water area, and we can't expect one move to work." Chen Ziqi, deputy director of the Metallurgical Building Materials Development Department of the China Consulting Corporation, said that in the face of the tough "tough", we still need to take comprehensive measures and work together. In addition to the necessary administrative means, we should rely on legal means to give full play to the role of the market force mechanism.
Li Xinchuang, president of the Metallurgical Industry Planning and Research Institute, suggested that the environmental protection "trump card" should be used to reduce production capacity. At present, people are extremely concerned about environmental issues such as smog. Sulfur dioxide, nitrogen oxides, smoke and dust and other pollutants emitted by the iron and steel industry account for 7% to 14% of the national industrial emissions, and are one of the main pollution sources forming smog. Strengthening the environmental protection of the steel industry can not only promote its green development, but also promote the survival of the fittest.