China iron and steel association China's steel output accounts for 50% of the world's total

China's iron and steel industry has undergone great changes since the founding of the People's Republic of China 70 years ago, the China iron and steel association (cisa) said recently, according to a report by the national news network, the voice of China central radio and television.In 2018, China's steel output exceeded 900 million tons, accounting for 50 percent of the world's steel output, up from less than one thousandth of the world's steel output.Cisa said it will push forward key work such as structural optimization, intelligent manufacturing and green development.

The latest statistics from the China iron and steel association show that in 1949, China's steel output was only 158,000 tons, less than one thousandth of the world's steel output at that time.In 2018, China's steel output exceeded 900 million tons, accounting for 50 percent of the world's steel output.Steel self-sufficiency from the early days of the founding of the People's Republic of China, the development of the majority of steel varieties can be completely self-sufficient.

Gao xiangming, head of the China iron and steel association, says a number of high-end steel products have broken foreign monopolies: "the growth of steel production, the abundance of varieties and the improvement of quality have strongly supported the development of the national economy.It can be said that the development and expansion of the steel industry has laid a solid foundation for the prosperity and strength of new China and created important conditions for the improvement of people's lives."

So far, China has seven steel companies in the top 500, according to cisa.Promoting structural optimization, intelligent manufacturing and green development, such as priority, the China iron and steel association, said Wu Xichun, an adviser to the current which is the best period of the industrial layout adjustment: "the current organization must attach great importance to the iron and steel industry structure adjustment, increase industrial concentration and quality of iron and steel industry development in our country, the efficiency change change, power transformation, makes the quality first, efficiency first, strong innovation ability and competitiveness of the new era of China's iron and steel industry."