With the introduction of energy-saving and cost reduction technologies, only the demand for long products in Russia will increase in 2017.
the domestic steel demand in Russia is sluggish. The Russian iron and Steel Association warned that it should be prepared to deal with the oversupply in the next three years. It is expected that only the demand for long products will increase by 2017. It was reported on June 9 that Russia's economy was declining and domestic steel demand was sluggish. The Russian iron and Steel Association warned that it should be prepared to deal with the oversupply in the next three years. It is expected that only the demand for long products will increase by 2017
in the first quarter of this year, Russia's GDP increased by 0.8% year-on-year. Most of the growth came from the short-lived energy sector and the contribution of the ruble depreciation. It is expected that the construction and home appliance manufacturing sectors will increase by 2% annually, the steel pipe industry, steel structure and hardware manufacturing industry will increase by 1%, and other steel using sectors may stagnate
Jinan testing machine for mechanical properties steelmaking in Russia the use of polyoxymethylene in agricultural sprinkler irrigation machinery and the massive construction of steel rolling capacity in China is also a problem. It is said that the production capacity of long products is 4.9 million tons more than the current demand. Although the consumption is expected to increase by million tons by 2020, the production capacity may increase by 8million tons in the same period, and most of the growth is aimed at the domestic market. This will inevitably lead to a decline in the capacity utilization of the steel plant, and some inefficient equipment may be shut down
considering the rising cost and overcapacity, in order to maintain international competitiveness, Russian steel mills need to continue to introduce energy-saving and cost reduction technologies, replace domestic imports, expand the market, develop new products to lead China to cope with a series of difficulties and challenges in the process of social transformation and establish a mature service center