High-end steel steel sales in an uphill trend is just around the corner

The steel production department of Hebei Iron and Steel Group has further promoted product upgrades and structural adjustments, organized long products production lines and made efforts to promote the transition from long products to superior steel. In January, sales of high-end varieties such as gear steel, alloy steel, bearing steel, and cord steel reached 34,095 tons, an increase of 20,933 tons year-on-year, an increase of 160%.
The department carries out production line benchmarking with benchmarking companies through benchmarking and special benchmarking methods, from cost control, variety structure, marketing model, production organization, technical quality management, and improvement of key product quality issues, and will upgrade gears. The production and quality of strategic products such as steel, cord steel and heavy rail are key targets. From the four aspects of structural adjustment, quality improvement, equipment support, and production line benchmarking, six focus groups have been established, 12 new product development plans and 10 key research topics have been identified, and the entire production line has been tackled. Among them, the variety structural adjustment team integrated the sales force of Youte Steel Business Unit and Heavy Rail Promotion Team to increase the market development of high-end varieties. In order to ensure the achievement of the target, the ministry selected the SWRCH22A, 72A, YL82B wire rod products and 20CrMnTi and 40Cr rod products as the starting point for the production line. The company will formulate improvement measures in terms of product quality and after-sales service in all directions. Product grade.
According to the analysis: Hebei Iron and Steel Group's product upgrades and structural adjustments are a bold attempt by steel companies to get rid of the “profit less than a ton of steel is less than a popsicle” meager profit era. Last year, the sales margin of the steel industry was only 0.9%, which was the lowest level in the industry. It also caused steel companies to face excess capacity and low profits. Overseas high-end steel products have been continuously imported into China. It can be seen that accelerating equipment upgrades, strengthening technological innovations, and producing high-end steel are the only way for steel companies to extricate themselves from the predicament. The adverse sales of high-end steel products of Hebei Iron and Steel Group also precisely illustrate this point.
The proportion of steel production in the industrial economy is very large. If all steel companies can work hard here, I believe that under the support of a series of good news and policies of the country, it is not a delusion that steel companies are out of their predicament, so the scrap steel is not far away. Now.

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