Big data under the steel market five trends appear

Recently, an industry organization released a report on the use of big data to analyze the steel market trend in 2020, attracting the attention of industry insiders.In recent years, big data has been more and more widely used in the field of analysis, and the steel market has strong data characteristics. No matter the steel demand, specific varieties, upstream and downstream industry chain, or even the impact of coVID-19 outbreak on the steel market at the beginning of this year, the development trend can be explored through big data.

Through big data analysis, some insiders believe that in 2020, China's steel industry and steel market may show the following operating trends:

First, high performance, high technology, high quality of high-end steel will become the key to the development of the market.The rapid development of new materials has brought new opportunities for the steel industry.From the current situation, in the development of advanced basic materials, China's iron and steel enterprises have sufficient technical research and development strength, the original basic materials for transformation and upgrading.For example, tiSCO, Bengang, Shougang and other iron and steel enterprises have successfully produced the third generation of automobile steel, which not only meets the demand of automobile lightweight, but also realizes the innovation of steel functions and properties, and also takes this opportunity to open up new markets.

Indeed, the development of iron and steel enterprises has always been inseparable from high-end steel, steel enterprises only have variety advantage, can have a differentiated competitive advantage.In recent years, serious on variety structure optimization and upgrading, taigang vigorously develop high temperature, high pressure resistance, corrosion resistance, leading Gao Qiangren unique products or products, can meet the national key project construction and the needs of the high-end equipment manufacturing industry, the department to establish a focus on in stainless steel, cold-rolled silicon steel, rail steel, Gao Qiangren steel products base, continuously consolidate the global leading position in the field of stainless steel, as the industry provides variety advantages to strengthen the competitive advantage "taigang experience".

Second, the achievement of market discourse power will depend on the sustainable development of steel enterprises.Under the background of the national vigorous promotion of ecological civilization construction, it has become the consensus of iron and steel enterprises to take the road of sustainable development and green development, which is also the key to the transformation and upgrading of the iron and steel industry.In recent years, China's iron and steel enterprises have promoted green development through rational emission planning and equipment upgrading and improvement, and achieved ultra-low emissions through science and technology, so as to enhance their competitiveness in the international market and have more say in the international market.

Third, whether it can follow the market trend will be the test of intelligent manufacturing steel enterprises.Intelligent manufacturing has an important impact on industrial development, division of labor and the formation of new production methods, industrial forms and business models, and has become a new advantage in the future competition of the steel industry.The value of realizing intelligent manufacturing in iron and steel enterprises lies in that it can help enterprises to adapt to the change of market trend, realize the transformation to personalized customization and manufacturing service, and meet the personalized needs of customers.

Fourth, from the direction of the product flow of each steel market, the direction of the improvement of industry concentration should be measured in the economic zone as a unit.Data shows that in 2018, the concentration ratio of China's steel industry was only 35.3%.The low industry concentration has become an obstacle to the high-quality development of China's steel industry, which to some extent restricts the promotion of international competitiveness of China's steel enterprises.Some insiders pointed out that, from the perspective of China's steel market, steel enterprises in North China have 57.8% of steel sales in this region, accounting for 88.82% of the market share;East China's steel mills sell 82.06% of their steel products in this region, while north China, northeast China and Central and Southern China each sell about 40% of their steel products in east China.It can be seen from the product direction of various regions that a certain proportion or even a large proportion of steel products basically flow to the east China market, which indicates that the direction of the improvement of industry concentration degree should be measured in the economic zone as a unit.

Fifth, using the combination of time and cash to hedge risk has become an indispensable means for market participants.Since 2018, due to the impact of the coal import policy and the normalization of environmental protection limits on production, the price fluctuation of steel raw materials has increased, and the stable operation and high-quality development of steel enterprises are faced with certain challenges.Therefore, more and more steel enterprises participate in the futures market, using futures tools to achieve stable returns.Since the beginning of this year, affected by the COVID-19 epidemic, steel demand is weak, inventories are rising, steel prices are falling and other problems are prominent, making it difficult for steel enterprises to recover capital.Under the pressure of the epidemic, some steel enterprises successfully broke through the siege, which is inseparable from the rational use of futures tools.