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An analysis of the market scale and competition pattern of my country's stainless steel industry in 2020 has room for increase compared with developed countries

2021-03-17
Stainless steel (Stainless Steel) is the abbreviation of stainless and acid-resistant steel. It is called stainless steel that is resistant to weak corrosive media such as air, steam, and water, or is stainless steel; and chemically resistant to chemical corrosion media (acid, alkali, salt, etc.) Corrosive steel is called acid-resistant steel. With the rapid economic development, the output value of stainless steel in my country is increasing year by year. In 2019, the output value was 29.4 million tons, and the apparent consumption was 24.05 million tons. In 2019, my country's per capita apparent consumption of stainless steel was 17.18 kg, which still has room for increase compared with developed countries. The overall import and export volume of stainless steel in my country is increasing. In 2019, the import and export volume was 1.119 million tons and 3.672 million tons respectively. According to calculations, in 2019, the top ten stainless steel professions in my country accounted for 81.08%, with a high degree of professional concentration, and the overall competition is fierce.
 
The output value of stainless steel in my country is increasing year by year, and the output value in 2019 is 29.4 million tons
 
During 2010-2019, my country's stainless steel output value has been increasing year by year. In 2019, my country's stainless steel output value was 29.4 million tons, an increase of 10.09% year-on-year, and the growth rate was further improved. The output value of stainless steel crude steel nationwide in the first quarter of 2020 was 6.0799 million tons, a year-on-year reduction of 604,200 tons compared with the first quarter of 2019, a decrease of 9.04%. my country's stainless steel output value has accounted for more than 50% of the international stainless steel output value, establishing my country's important position in the international stainless steel market.
 
The overall apparent consumption of stainless steel in my country is increasing year by year, and the apparent consumption in 2019 was 24.05 million tons
 
With the rapid development of the national economy and the significant improvement in people's living standards, the demand for stainless steel has been stimulated. During the period 2010-2019, my country's apparent consumption of stainless steel has been increasing year by year as a whole. In 2019, my country's apparent consumption of stainless steel was 24.05 million tons, an increase of 12.8% year-on-year. In the first quarter of 2020, due to the impact of the new crown pneumonia epidemic, downstream manufacturing started, and demand showed a weak trend. Apparent consumption was 4.9029 million tons, a year-on-year decrease of 806,100 tons compared with the first quarter of 2019, a decrease of 14.12%.
 
my country's per capita apparent consumption of stainless steel is 17.18 kg in 2019, which still has room for increase compared with developed countries
 
In 2019, my country's per capita apparent consumption of stainless steel was 17.18 kg, a year-on-year increase of 1.39 kg, an increase of 8.8%; apparent consumption increased by 9.19% year-on-year to 24.05 million tons, higher than expected. However, compared with the well-developed manufacturing industries in Italy, Taiwan and South Korea, the per capita consumption of stainless steel is more than 30kg, and the strong industrial manufacturing countries of Japan and Germany are more than 20kg. my country's per capita consumption of stainless steel still has room to increase.
 
The overall import and export volume of stainless steel in my country is increasing. In 2019, the import and export volume was 1.119 million tons and 3.672 million tons respectively.
 
From 2010 to 2019, the overall import and export volume of stainless steel in my country showed a fluctuating increase. In 2019, my country's stainless steel imports were 1.119 million tons, down 39.6% year-on-year, and exports were 3.672 million tons, down 8.1% year-on-year. The primary reason for the decline in both imports and exports is trade barriers in Europe and the United States and my country's anti-dumping of stainless steel in Indonesia and other countries. In the first quarter of 2020, the country imported 21,600 tons of stainless steel, which was a decrease of 246,600 tons from the first quarter of 2019, a decrease of 53.94%; the export of stainless steel was 810,000 tons, an increase of 12,700 tons, an increase of 1.59%.
 
The top ten stainless steel professions in my country account for 81.08%, the profession concentration is relatively high, and the overall competition is fierce
 
At present, my country’s stainless steel production capacity accounts for more than 50% of global production capacity, and the occupational concentration is relatively high. As of the end of 2019, the top ten stainless steel professions accounted for 81.08%. The overall competition is fierce. And with the concentrated release of new steelmaking capacity in the future, my country The professional concentration of stainless steel will also be further improved.
 
Leading companies include Tsingshan Group, Taigang Stainless Steel, etc. Tsingshan Holding Group Company is now the world's leading stainless steel company, with an output value accounting for about 20% of the global output value. TISCO Stainless is a domestic long-established stainless steel company and is in the leading position in the profession. Its products are mostly high-end stainless steel products. However, Tsingshan Holdings, relying on its own resource advantages and integrated low-cost smelting methods, plans to continue to expand, and it has a tendency to pursue it. . In the future, the battle for the leading stainless steel industry will most likely be launched between these two companies.
 
According to Mysteel data calculation, the crude steel output value ranking of the 33 domestic stainless steel production enterprises (including Indonesia's Qingshan) planned for the whole year of 2019 is as follows:
 
For more data, please refer to the "my country Stainless Steel Career Development Prospect Forecast and Transformation and Upgrade Analysis Report" by the Qianzhan Industrial Research Institute. Together, the Qianzhan Industrial Research Institute provides solutions for industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion. .
 
(Source of the article: Qianzhan Industrial Research Institute)