China Securities News reporter learned from insiders that the national development and Reform Commission recently issued a notice to all underground departments on the verification of the assessment base of crude steel output reduction in 2022, requiring all localities to verify and feed back the assessment base. Experts believe that reducing the output of crude steel is conducive to promoting the high-quality development of China's iron and steel industry. Consolidate the results of crude steel output reduction Recently, Meng Wei, spokesman of the national development and Reform Commission, said that in 2021, the national crude steel output will be reduced by nearly 30 million tons compared with the previous year, and the task of reducing crude steel output will be fully completed. According to the data released by the National Bureau of statistics, the national crude steel output in 2021 was 1032.79 million tons, a decrease of 3% over the previous year. Meng Wei said that in order to maintain the continuity and stability of the policy and consolidate the results of crude steel output reduction, the national development and Reform Commission, the Ministry of industry and information technology, the Ministry of ecological environment and the National Bureau of statistics will continue to carry out the national crude steel output reduction in 2022, guide iron and steel enterprises to abandon the extensive development mode of winning by quantity and promote the high-quality development of the iron and steel industry. Reasonable control of crude steel output is one of the key tasks to promote the high-quality development of the iron and steel industry, which has been agreed by the industry. "The general direction of continued output reduction will continue." A relevant person of a listed steel enterprise said. Fangda special steel believes that in 2022, the steel industry will continue to move towards the goal of "double carbon" from the aspects of policy orientation, standard system construction, carbon trading research and technological innovation. The dual control of capacity and output will be normalized, the stock steel capacity will continue to be reduced and optimized, and the crude steel output may show a steady downward trend. Continue to promote mergers and acquisitions At present, the supply side structural reform of the iron and steel industry continues to advance, the merger and reorganization of regional iron and steel enterprises are surging, and the iron and steel industry is in the period of optimization, adjustment and reform. In 2021, Angang and Benxi Steel will implement integration; Baowu group, Jianlong, Puyang iron and Steel Group and Jinan Iron and Steel Group continued to promote mergers and acquisitions, which promoted the concentration of the iron and steel industry. In the view of Valin steel, a listed steel enterprise, merger and reorganization is the trend of industry development during the 14th Five Year Plan period, which is conducive to improving the concentration of the steel industry and strengthening the voice of upstream iron ore. The 2022 action plan for the transformation and upgrading of iron and steel enterprises in Shanxi Province issued recently points out that we should promote the merger and reorganization of iron and steel enterprises and the integration of stock production capacity, focus on promoting the integration of Xingyuan iron and steel production capacity of Jinnan iron and steel in accordance with the principles of marketization and rule of law, and actively promote the integration plan of five iron and steel enterprises in Changzhi City by the end of 2022 (Shougang Changgang, Xingbao iron and steel, Taihang iron and steel, Changxin iron and steel and Jinye iron and steel). Focus on promoting the integration and reorganization of iron and steel enterprises inside and outside the province by Baowu TISCO, Jingang group, Jinnan iron and steel, Jinyun iron and steel, Meijin iron and steel and other enterprises. The guiding opinions on promoting the high-quality development of the iron and steel industry jointly issued by the Ministry of industry and information technology, the national development and Reform Commission and the Ministry of ecological environment proposed to encourage industry leading enterprises to implement merger and reorganization and build a number of world-class super large iron and steel enterprise groups. Relying on the advantageous enterprises in the industry, cultivate 1-2 professional pilot enterprises in the fields of stainless steel, special steel, seamless steel pipe, cast pipe and so on. "Under the background of 'dual control' and capacity replacement, the concentration of the steel industry will be further improved in the future, and the profitability of major listed steel enterprises is expected to continue to improve." A steel industry researcher said. (Xinhua News Agency)