Customer's view: We are optimistic about scrap steel after the Spring Festival. On the demand side, the domestic steel production capacity has been increasing in recent years, and the amount of scrap steel used is also increasing year by year. The demand for scrap steel remains tough and the performance will not be too bad. On the supply side, the liberalization of recycled steel materials will significantly alleviate the difficulties on the scrap supply side in the short term. According to the current growth rate of domestic scrap steel resources, it is also difficult to meet domestic scrap demand. The shortage of scrap steel resources may continue next year. In addition, from the company's annual sales data in 2020, in addition to the crushing line, the sales data of products such as balers and gantry shears are more eye-catching. The market's requirements for scrap type are gradually changing. For high-quality bales, The demand for shear and crushed materials is high. From the perspective of customer groups, in addition to large-scale scrap processing bases, many new steel mill base customers and large-scale group enterprise customers have been added this year. The structure of the scrap steel industry chain is gradually changing. The pattern concentration will become higher and higher. Hubei Lidi has been engaged in the manufacturing and research and development of scrap steel processing equipment for 51 years.

The Fifth Plenary Session of the 19th Central Committee of the Communist Party of China proposed that it is necessary to adhere to independent and controllable, safe and efficient supply chain strategic design and precise policy implementation by industry to promote the optimization and upgrading of the entire industrial chain; strengthen international industrial safety cooperation to form a stronger innovation force , A higher value-added, safer and more reliable industrial chain supply chain. In 2020, my country’s blast furnace pig iron output will be 888 million tons, accounting for 68.3% of global production; imported iron ore is 1.17 billion tons, accounting for 76.1% of global imports, and iron ore’s dependence on foreign sources exceeds 80%. At the same time, my country's demand for imported coking coal, scrap steel, limestone, etc. is also rising.

Hubei Lidi Machine Tool Co., Ltd. confirmed to co-organize the 2021 National Tour·Zhejiang Regional Scrap Steel Market Seminar. Sponsored by Shanghai Ganglian Electronic Commerce Co., Ltd. and directed by China Scrap Steel Application Association, the "2021 National Tour·Zhejiang Regional Scrap Steel Market Seminar" will be held on March 18, 2021 in New Century Grand Hotel Sanli, Zhejiang. We We sincerely invite you to attend this meeting.

The Fifth Plenary Session of the 19th Central Committee of the Communist Party of China proposed that it is necessary to adhere to independent and controllable, safe and efficient supply chain strategic design and precise policy implementation by industry to promote the optimization and upgrading of the entire industrial chain; strengthen international industrial safety cooperation to form a stronger innovation force , A higher value-added, safer and more reliable industrial chain supply chain. In 2020, my country’s blast furnace pig iron output will be 888 million tons, accounting for 68.3% of global production; imported iron ore is 1.17 billion tons, accounting for 76.1% of global imports, and iron ore’s dependence on foreign sources exceeds 80%. At the same time, my country's demand for imported coking coal, scrap steel, limestone, etc. is also rising.

Liu Bingjiang, director of the Department of Atmospheric Environment of the Ministry of Ecology and Environment, said on the 25th that the proportion of coal in primary energy consumption continues to decrease. From 2017 to 2020, the proportion of national coal consumption will drop from 60.4% to about 57%.