The Central Committee held a political bureau meeting to release the development signal of the seamless square tube industry

Yesterday, the CPC Central Committee held the central economic work conference, and strive to transfer mode and adjust the structure, for the new year of 2017, the central or increase the strength of seamless pipe industry square to strengthen overcapacity control, adjustment and economic construction does not adapt to the economic system, resolve the seamless rectangular tube road barriers on the economic construction. The conference summed up the development of the seamless square tube in 2016, and put forward valuable suggestions and suggestions for the development of the next year.
The meeting recalls:
To accelerate the production of 2025 in China, many comprehensive reform measures are needed, including the support and guidance of financial funds. During the year, the seamless square tube industry was boosted by the production capacity, the market was warm, and the trend of single side down in 2014 and 2015 was removed. However, this is not a time to rest. The EU and the United States have frequently initiated trade protection against China, and blamed the dumping of low price steel in China for the downturn in the local seamless square tube industry. Because the products of seamless square tube in our country tend to the middle and low end, the price war is becoming more and more intense. In contrast, our country still needs to import high-end steel to make up for the shortage of domestic varieties. It can be seen that the manufacturing of seamless rectangular pipe is only difficult to win by quantity. Quality is the key to the development of seamless rectangular tube in the future, that is, the seamless rectangular moment product with high quality and high added value, which is the development goal of seamless rectangular tube manufacturing.
The meeting of the political bureau is also clear, 2017 is to promote the supply side structural reform deepening, and stressed the need to further promote the three to fall to a capacity to inventory, to leverage, to reduce cost, make a short board, to promote the five major tasks of substantive progress. According to the data reported by local and relevant central enterprises, the seamless rectangular pipe production capacity of 45 million tons this year and the capacity of coal to produce 2.5 billion tons have been completed ahead of schedule and overfulfilled. At present, the members of the inter ministerial joint meeting are organizing the force to carry out the inspection. In particular, the merger and reorganization of enterprises and structural adjustment have made progress. The seamless square moment tube, Baosteel, Wuhan Iron and steel joint reorganization of China Baowu seamless square tube group Co., Ltd. According to the statistics of seamless steel pipe industry association of China, 1-10 member enterprises achieved 28 billion 700 million yuan in profit in the first 73 months of this year, and 38 billion 500 million yuan in the same period last year. In the first 10 months, the coal enterprises, above the scale of more than 20 million yuan, achieved a profit of 57 billion 370 million yuan, an increase of 112.8% over the same period.