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Su Yang's stainless steel wire rope: steel import dependency will gradually be brought under control

Ningbo Qiyi Precision Metals Co.,Ltd | Updated: Jan 10, 2017

Su Yang think stainless steel wire rope, steel capacity reduction effect in 2016, China's pig iron output reached 670 million tons, needs iron ore mine of 1.08 billion tons of finished products. And China iron ore stone ore production in 2016-2020 years between, if by annual 2.5% of speed decline words, is 2016 years China iron ore stone ore production will up 1.35 billion tons around, need imports iron ore 800 million tons will can meet supply and demand balance, imports mine needs more 2015 will reduced 15% around (2015 iron ore imports volume compared growth 2.2%), will China iron ore foreign dependency degrees for 75%; to 2020, China's pig iron output reached 605 million tons, needs iron ore mine about 970 million tons of finished products, iron ore production reached 1.22 billion tons, needs to 720 million tons of imported iron ore to meet the balance between supply and demand, demand for imported iron ore than a year earlier at about 3%, at that time, China's dependence on foreign iron ore 74.9%.

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