(Economic Observation) China's steel industry leverages the Internet to realize intelligent transformation and urgently needs to be deepened

  China News Service, Xiamen, November 13th, title: China's steel industry needs to deepen its intelligent transformation by leveraging the Internet

  China News Agency reporter Yang Fushan

  As China's steel industry moves towards a high-quality development stage, digital technology and artificial intelligence are increasingly used in steel production and operation.

At a forum held in Xiamen on the 12th, industry participants generally believed that the promotion of enterprise cost control and digital and intelligent transformation is an issue that urgently needs to be discussed in the development of China's steel industry.

  On the same day, the "Cost Control and Benchmarking under Digitalization and the 2020 Annual Conference of Steel Enterprise Cost Information Network" hosted by the Metallurgical Industry Economic Development Research Center was held in Xiamen. Experts from the Ministry of Industry and Information Technology, Internet experts and high-quality corporate finance, environmental protection and information departments Officials and others were invited to the meeting to conduct in-depth discussions on this topic.

  Since the beginning of this year, the new crown epidemic has brought unprecedented challenges to the global economy. While maintaining steady growth in production, the Chinese steel industry is also facing some new situations and new problems.

  Qu Xiuli, vice president and secretary-general of the China Iron and Steel Association, said that in the face of the new crown epidemic, China's steel industry has maintained a relatively good overall operation with the support of a series of macro policies such as the country's stable economy, tax cuts and fee reductions, and resumption of work and production. The situation has provided important support for China's economic recovery.

  She said that the global spread of the new crown epidemic has made the international market environment more complicated, and the steel industry is also facing difficulties such as shrinking international demand, significantly reducing exports, rising costs, and declining benefits year-on-year.

With the control of overseas epidemics and economic recovery, China's steel exports in the fourth quarter are expected to remain stable, and the year-on-year decline will narrow.

  Feng Chao, director of the Metallurgical Industry Economic Development Research Center, believes that through the introduction of industrial Internet platforms, we will deepen the application of a new generation of information technology in the entire industrial chain of procurement, sales, logistics, and finance in the steel industry, and form a transfer mechanism from data assets to data resources. The data supply chain leads the material flow, capital flow, and information flow, and extensively connects downstream customers, financial institutions, social logistics, and government-side social platform resources, and builds a typical development model of enterprise digitalization—industrial chain digitalization—digital ecology. Gathering resources in the industrial chain has stimulated the value creation function of the industrial chain.

  Li Wei, director of the Policy Planning Department of the Industrial Culture Development Center of the Ministry of Industry and Information Technology, said that the digital reform of steel enterprises can help the steel industry establish a standardized, networked, and digital system, optimize the logistics system, and reduce the chain level in the steel industry. .

All of these enable companies in the steel industry to manage costs more effectively, generate data accumulation while optimizing management, and big data analysis can better make intelligent decision-oriented and optimize resource allocation in the industrial chain.

  Li Xiaojie, deputy general manager of Laiyue Recycling, who is invited to participate as a company with a good level of financial cost management and at the forefront of informationization and digitalization in the industry, introduced that in order to help the steel industry reduce costs and increase efficiency, guide industrial transformation and upgrading, and achieve a green recycling industry. Recycling, recycling, and professional development, Laiyue Regeneration builds an Internet service platform for the renewable industry, using blockchain, cloud computing, artificial intelligence, technology and finance and other cutting-edge technologies to provide one-stop industrial Internet services for the renewable resource industry and promote industry customers Direct transactions and efficient docking of resources.

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