[ferro-alloys.com]

  The new year is coming. What environmental changes will domestic steel industry face?

  Experts in JLC Network Technology Co., Ltd. believe that the influence of coronavirus epidemic in 2021 will be weakened. Although there are likely to be imported cases, this will not affect the production and sales of the steel industry. In 2021, attention should still be paid to the development of the real estate industry. Due to COVID-19 pandemic, the real estate industry was strongly supported by local government bonds and other fiscal policies in 2020. Although bond will be issued in 2021, the amount will not be increased significantly if there are no major events occur. In terms of financial policies, the trend will be stable with phased increasing volume of trade, but the growth rate will be relatively limited compared with the whole year.

  In 2021, we should also focus on the change of iron ore, coking coal and coke production. As far as iron ore is concerned, with the demand of China's steel continuing to rise and the impact of the epidemic, the transportation cycle from shipment to arrival will continue to extend and the arrival date of iron ore will be full of uncertainty. In other words, the frequency of fluctuations in iron ore market in 2021 will also increase.

  Safety accident inspection is also an important task during the "14th five-year-plan". In 2020, although there are relatively a few accidents in iron and steel industry with a few property losses, coal mine enterprises, one of the raw material suppliers of iron and steel, have frequent accidents, which leads to higher national inspection in this area. China is faced with the situation that supply is less than demand, particularly, the total amount of imported coal is limited and domestic coal consumption is skyrocketing.

• [Editor:Catherine Ren]