Guangxi Yizhou settlement observation board specifications customized large quantity discount

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　　Guangxi Yizhou settlement observation board specifications customized large quantity discount

　　Steel has been listed as a key focus industry in China's decarbonization plan. In addition to macro level basic policies, China has also formulated measures specifically targeting the steel industry in 2021. It is reported that the "Action Plan for Carbon Peak and Carbon Reduction in the Steel Industry" has been basically completed and is expected to be announced to the public soon.

　　In 2021, the most direct carbon reduction measure taken by China for the steel industry is to compress steel production, ensuring a year-on-year decrease in crude steel production in 2021. According to the statistics of the National Bureau of Statistics, the actual result is that China's crude steel production decreased by 31.9 million tons year-on-year in 2021, to 1.0328 billion tons, which is a year-on-year decline in steel production in the past six years.

　　In order to further control domestic steel production, the Ministry of Finance has decided to cancel export tax rebates for some steel products from May 1, 2021, in order to restrict the export of steel products. According to relevant notices, the 13% tax rebate will be cancelled for major cold-rolled thin sheets, color coated coils, high alloy steel bars, seamless steel pipes, stainless steel thin sheets, and medium thick sheets. The export tariff for pig iron has increased from 10% to 15%, but the export tariff for scrap steel remains at 40%.

　　From the perspective of demand, since December last year, multiple national plans for the 14th Five Year Plan have been issued one after another. Among them, the national plans that have a significant impact on steel demand include the "14th Five Year Plan for the Development of Intelligent Manufacturing", "14th Five Year Plan for the Development of Big Data Industry", "14th Five Year Plan for the Development of Robot Industry", etc. The most important one is the "14th Five Year Plan for the Development of Modern Comprehensive Transportation System" issued yesterday, which also specifies that during the 14th Five Year Plan period, China will add 19000 kilometers of railway operating mileage, 302000 kilometers of highway opening mileage, 2400 kilometers of high-grade inland waterway mileage, more than 270 civil transportation airports, and about 10000 kilometers of urban rail transit operating mileage. At the same time, with the accelerated pace of local special issuance since the second half of last year, as well as the accelerated progress of central budget investment, a cumulative effect will be formed in the first quarter of this year, which is conducive to promoting the construction progress of major domestic projects during the 14th Five Year Plan period and also helps infrastructure investment play a role in supporting the economy.

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