The development trend of steel industry in 2021

Green and low-carbon development is an inevitable trend

On January 9, 2020, China Environmental Protection Industry Association issued the "Iron and Steel Enterprises Ultra Low Emission Transformation Technology Guide", the overall requirements are strengthen the source control, the use of low-sulfur coal, low-sulfur ore and other clean raw materials, fuels, the use of advanced clean production and process control technology, to achieve the source reduction of air pollutants.In 2021, the country will strengthen rigid measures to reduce carbon emissions, implement industrial low-carbon action and green manufacturing projects.Adhere to the two development themes of green development and intelligent manufacturing, and achieve low-carbon, green and high-quality development.In the future, low-carbon and green development will become an inevitable trend.

Non-ferrous metal prices generally rise during Chinese Spring Festival. The logic driving this round of non-ferrous metal upward mainly includes the following aspects: 1) catalysis at the bottom of the inventory cycle; Most industrial metals, including copper, aluminium, lead and other metals, are at the bottom of a new inventory cycle.

2)Influenced by the epidemic, the supply growth rate in the main producing areas of non-ferrous metals slowed down considerably.

3)Global economic recovery and recovery of industrial production increase the demand for non-ferrous metals.

4)China's post-production cycle resonates with the U.S. real estate cycle.

Follow-up, the demand space for non-ferrous metals in 2021 is still large.