China is now a stainless steel power, but not a strong country, in the process of going to the world stainless steel power, will also gradually set up overseas (mergers and acquisitions) stainless steel production base, this aspect can avoid the risk of trade protectionism brought about by the export On the one hand more conducive to a timely understanding of local market demand, enhance the competitiveness of the local market.
From the contents of the Third Plenary Session of the 18th Central Committee of the 18th Central Committee, the steady growth, structural adjustment and reform are the three key points of China's macroeconomic regulation and control in 2014. Prospects Industry Research Institute released the "China's stainless steel industry development prospects forecast and transformation and analysis report" is expected in 2014 China's economy will stabilize rebound, the annual GDP growth is expected to close to 7%. The steady growth of the macroeconomic economy has laid a solid foundation for the demand for stainless steel. Specifically, the new urbanization in 2014 to promote the protection of housing and shantytowns and environmental protection industry will be the transformation of the demand for stainless steel demand highlights.
In terms of exports, the continued growth in international market demand will continue to drive the increase in demand for stainless steel exports in China. According to Macquarie is expected in 2014, China's stainless steel net exports will increase to 2 million tons, by 2014, about half of the RKEF nickel pig iron factory will form an integrated plant with stainless steel. The growth in stainless steel exports will boost domestic supply, with stainless steel production expected to grow 12.5% in 2014 to 21.6 million tonnes.
In 2014, macro-control overcapacity industry will further intensify efforts. Central economic work conference proposed to resolve the domestic excess capacity, adjust the industrial structure is an important task in 2014. In early October 2013, the State Council issued the "Opinions on Resolving Serious Excessive Contradictions", respectively, put forward the views of the industry, such as steel, cement, electrolytic aluminum, flat glass, shipbuilding and other industries, and determined the current excess The main task. Thus, the 2014 stainless steel industry will pay more attention to capacity adjustment, the new project on the control will be more stringent.