On May 25, 2021, the China Iron and Steel Association organized a meeting on steel production capacity replacement policy in Nanjing. Lu Guixin, a first-class inspector of the raw material industry department of the Ministry of Industry and Information Technology, attended the meeting and made a speech. The Deputy Director of the Iron and Steel Office just made an interpretation of the steel production capacity replacement policy. Luo Tiejun, vice president of China Iron and Steel Association, attended the meeting and delivered a speech. Li Qiang, deputy director of Jiangsu Provincial Department of Industry and Information Technology, and Zhu Ruirong, president of Nanjing Iron and Steel Co., Ltd. Chief analyst Li Yongjun and Wang Bin, deputy director of the Department of Planning and Development, respectively made special reports. Gao Wenping, deputy secretary general of the Iron and Steel Association, presided over the meeting, and special director Gu Yan attended the meeting. The meeting was hosted by Nanjing Iron and Steel Co., Ltd. and attended by about 400 representatives from the Industrial Development Department of the National Development and Reform Commission, local industrial authorities, industry associations and iron and steel enterprises.
Luo Tiejun pointed out that as an industry organization, the Iron and Steel Association is duty-bound, and it is also duty-bound to do a good job in the promotion and implementation of policies. In the first year of the 14th five-year Plan, the Iron and Steel Association organized the second conference on capacity replacement policy, which is of greater significance. During the 13th five-year Plan period, the supply-side structural reform of the iron and steel industry has achieved remarkable results, which has laid a solid foundation for the high-quality development of the iron and steel industry. While seeing the achievements, the iron and steel industry is also fully aware of the challenges it faces. The work of capacity replacement has received extensive attention both inside and outside the industry. It is hoped that through this promotion meeting and through the explanation, discussion and exchange of the leaders of the Ministry of Industry and Information Technology, we will be more clear about how to do the follow-up capacity replacement and implement policies between regions and enterprises to ensure that the passive situation of serious overcapacity in the iron and steel industry will not occur again.
Lu Guixin pointed out that the newly revised "measures for the implementation of capacity replacement in the Iron and Steel Industry" will be formally implemented on June 1, which is an important document for using marketization and the rule of law to promote the elimination of excess capacity and standardize capacity replacement. it also puts forward three suggestions: first, it is necessary to improve the position and correctly understand the new situation facing the iron and steel industry. The current ups and downs of steel prices have a greater impact on the downstream industry, steel prices continue to soar, the fundamentals do not support, the policy is not allowed. Entering the "14th five-year Plan" period, China's iron and steel industry will face three major challenges: first, carbon emission constraints will be a new challenge for the industry, and second, resource security is a security challenge for the industrial supply chain. third, the imbalance and inadequacy of industry development is still prominent. Second, we should study conscientiously and accurately grasp the spirit of capacity replacement. Capacity replacement is the requirement of implementing the decision-making and deployment of the CPC Central Committee and the State Council, an effective way to promote the high-quality development of the iron and steel industry, and an important measure to consolidate the effectiveness of capacity loss. Third, it should be conscientiously implemented to ensure that the policy of capacity replacement is in place. It is necessary to strictly carry out the replacement procedures, conscientiously do a good job in the audit of replacement, and effectively standardize the implementation of production capacity replacement.
Wen Gang introduced the revision background and revision process of the "measures for the implementation of capacity replacement in the Iron and Steel Industry". It also interprets in detail which projects need to be replaced, which capacity can be replaced, how to check the exit capacity, the conditions for equal replacement, whether it is necessary for a third party evaluation, the necessary contents of the replacement plan and the connection between the new and old ones.
In the afternoon, all relevant local industrial departments and enterprise groups held full discussions and exchanges, and Lu Guixin's first-class inspector and Deputy Director Wengang responded and answered questions on the generality and individuality of steel production capacity replacement raised by various localities one by one.
