China is a steel powerhouse. China's steel production is staggering.
In the past 20 years, the development of China's steel industry has been magnificent. In 1996, China's steel output exceeded 100 million tons; In 2020, China's steel production reached 10The historic high of 6.5 billion tons has achieved a tenfold increase in more than 20 years, which is an unprecedented miracle in the history of the development of the world's steel industry. In 2022, China's steel production accounted for 53% of the world's total9%。This figure means that the rest of the world does not produce as much steel as China.
This kind of largeness is also reflected in the collective rise of China's iron and steel enterprises. In 2021, among the top 50 global steel companies, Chinese steel accounted for 28 seats; Among the top 10 global steel companies, Chinese steel occupies 6 seats. China Baowu has grown to become the world's largest steel company, and its steel production has reached a staggering 13.2 billion tons, more than the world's second largest steel producer, India, a country that produces steel, can be called a big rival country. On the list of Fortune Global 500 companies, China Baowu Iron and Steel Group has ranked 44th, directly advancing into the top 50.
China is a steel powerhouse. The quality of China's steel is beyond imagination.
There is indeed a debate about such a characterization, and many people think that China's steel is big but not strong. Actually, that's in the past. China's steel, which is unobtrusive and calm, is far stronger and more resilient than people think. Among the 22 major types of steel in the world, China has 19 types of self-sufficiency rate of 100%, and the other 3 types of self-sufficiency rate of 988%, which provides stable and safe industrial materials for the strong Chinese manufacturing industry.
Through product structural adjustment and a series of technological breakthroughs, China Iron and Steel has achieved a historic surpassing of the West in the field of medium and high-end steel. Hand tearing steel, offshore steel, electrical steel, high-speed rail steel, aircraft carrier steel, high-strength steel, oriented and non-oriented silicon steel, etc., have solved a series of bottleneck problems, occupied the commanding heights of the global steel industry, and boosted the transformation and upgrading of China's industry.
China's breakthrough in the field of high-strength steel has solved the material problem of China's large aircraft landing gear. China's breakthrough in the field of aircraft carrier steel has solved the problem of aircraft carrier deck steel, made the take-off and landing of heavy fighters on aircraft carriers a reality, and boosted the successful launch of China's aircraft carriers. China's breakthrough in silicon steel technology has boosted the rapid rise of China's new energy vehicles and ultra-high voltage transmission projects. China's breakthrough in the technology of Yinwa steel and anti-cracking steel has solved the problem of high-end ship construction such as large natural gas carriers and large container ships, prompting global orders for new ships to drift to China like snowflakes, and so on.
The measurement of China's steel is inclusive. China Iron and Steel wants to be the leader of the world's steel in the future.
The global steel industry is very large, producing about 1.9 billion tons of steel per year, and the world's per capita steel consumption is about 233 kilograms per year. For a long time in the past, China's iron and steel has followed the development of the world's steel, and it has often suffered from technical bottlenecks in many fields. After several generations of arduous struggle, China's iron and steel has finally come to the forefront of the development of the world's steel industry. In the future, China's steel will become a promoter and driver of the global steel to achieve green and low-carbon transformation.
The challenges facing the global steel industry are the same, and how to achieve green and low-carbon transformation of the steel industry has become the theme and direction of technological progress and industrial transformation. The green and low-carbon development of steel shows a bright prospect for the green transformation of the world economy and society. To solve such problems and challenges, it is not possible to stand alone, and it is not possible to get stuck with each other, and the global steel industry needs to work together. China's steel will play a very important role in leading the world's steel development in the future.