Zhu Jimin, chairman of Shougang Group, said on the 12th that Shougang’s various steel prices have been declining and have broken through the break-even point set in September this year. Shougang will analyze the situation and solve new problems, and strive to rank first in the domestic steel industry in 2010 and reach the world's top 500 by the year of O2.

Once a year, Shougang’s once-in-a-lifetime experience exchange meeting for innovation, excellence, and entrepreneurship was held in Caofeidian, Hebei Province on the 12th. Zhu Jimin revealed at the meeting that as of the 9th of this month, the prices of various types of steel products at Shougang have dropped by 800 to 2,400 yuan (RMB, the same below) from the highest point of this year and are still declining. "If you do not take effective measures quickly, you will face the risk of an overall loss and unsustainable steel industry."

Zhu Jimin said that the relocation of Shougang to Hebei Caofeidian's new steel plant faced the pressure of repayment and depreciation, which increased the risk of new steel plant operations; and Shougang's product structure transformation has just begun, and resource integration capability and independent innovation capability are still in the stage of accumulation and cultivation. . At the same time, according to the 23 indicators in the world's steel dynamics, such as mature market dominance and threats from neighboring competitors, none of Shougang is in a leading position. Therefore, it is necessary to clarify the location and identify the target location for development.

He said that for the new steel mill that will soon be put into production, it will strengthen market predictions, do a good job in investment control, adopt multiple ways to carry out new cooperation, and introduce capabilities and quality models from next year, and strive to achieve the “three steps” of overall development orientation. The development strategy, that is, ranking first in the domestic steel industry and comprehensive economic strength in 2010 and becoming an international large-scale enterprise group in the year of O&M, entered the top 500 in the world.

Related news: Shougang Caofeidian new home is about to be put into production during the year

The day before yesterday (12th), the reporter learned from Shougang Group that the construction of the main project of the new “home” of Shougang Caofeidian—Shougang Jingtang Iron and Steel Plant was basically completed, and the first-phase project entered the production preparation stage. It was scheduled to be put into production on October 18th. It is currently postponed to production within the year.

Caofeidian New Home, which was started in 2007, is the highlight of Shougang's relocation of steel production in the Beijing area. Once completed, it will become the country's largest steel base. According to the schedule, by the end of 2008, the steel production capacity here will reach 4.85 million tons, and it will reach 9.7 million tons in 2010.

At the same time, the eight square kilometers of land released after the relocation of the steel industry in Beijing will start the development of creative industries parks, special steel “Green Energy Port” and other projects, and accelerate the development of the existing non-steel industry to realize the “one industry multiple "The organic combination of development and development in Beijing.

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