8, the first plenary session of the third meeting of the chamber of metallurgical industry was held in Shanxi, Yuncheng. During the meeting, the experts said that the current supply and demand of iron and steel has gradually become more reasonable, private steel enterprises mergers and acquisitions at that time.

The same day, Zhang Zhixiang, President of the all China Metallurgical Association, said that with the rise of steel prices in the first quarter, the steel enterprises started well this year, but there are still some problems that need to be improved.

From 2011 to 2014, the steel industry for 4 consecutive years, sales profits hovering around 1%, the economic benefits worse. In 2015, China's steel output and consumption both fell from the peak arc, the steel price index dropped to 56.4 points, the overall industry losses, negative 77 billion 900 million. Zhang Zhixiang said, including 2011, including five years, 'winter', steel companies difficult to live."

In Zhang Zhixiang view, 2016, thanks to the city infrastructure construction and real estate industry growth, steady growth, and the dividend policy release, industry to production force, industry profit 30 billion 400 million yuan, but the sales profit rate is still only 1.8%, which belongs to the restoration of growth.

China Iron and steel industry association data show that in the first quarter of this year, steel prices rose slightly, reaching 105.3 points, key large and medium-sized enterprises realize profits of 23 billion 280 million yuan, sales margin rose to 2.77%.

Here, Zhang Zhixiang said, with the national capacity to promote the work, the iron and steel supply and demand has gradually become more reasonable, the steel industry profits are gradually moving in to rational direction, but is not strong foundation for economic stabilization, economic downward pressure still exists, the real economy is not firmly root difficulties should not be underestimated, financial risk can not be ignored. Industry must take advantage of the current situation is stable, seize the opportunity to seek long-term, and promote transformation, innovation and development.

During this period, Zhao Xizi, former honorary president of the all China Metallurgical chamber of Commerce, said that from the current development trend of the steel industry, the merger, reorganization and joint reorganization of the private iron and steel enterprises were the key points. The merger and reorganization of private iron and steel enterprises were at that time.

Zhao Xizi stressed that the current supply and demand of steel has gradually become reasonable, and the steel industry profits are gradually moving towards rationalization. "This is the time for us to make a rainy day."."

The future of the steel industry. Zhang Zhixiang believes that the comprehensive utilization of energy and green development, mergers and acquisitions of private iron and steel enterprises, product transformation and upgrading is the focus of future efforts of iron and steel enterprises.