On September 8, <span style="white-space:normal;">&nbsp;at the 14th China International Conference on Coking Technology and Coke Market,&nbsp;</span>Wang Liqun, vice chairman of China Iron and Steel Association, pointed out that the current situation of oversupply of the entire steel industry chain will continue, demand declines, prices slump, the benefits of the situation in the short term will not be a fundamental change.<br /> <strong>The steel industry has entered a period of deep reform and adjustment</strong><br /> Wang Liqun, vice chairman of the China Iron and Steel Association pointed out that, in 2016, with the economic slowdown, weak demand, supply for steel is <span style="white-space:normal;">obviously</span>&nbsp;<span style="white-space:normal;">increasing&nbsp;<span style="white-space:normal;">greater&nbsp;</span></span>than the demand, the output was down trend; industry benefits to the good, balanced development of the steel industry chain of the signs; iron and steel enterprises are accelerating the implementation of structural adjustment and transformation and upgrading.<br /> Wang Liqun, said China's economy into the depth of adjustment, iron and steel, coal must adapts to new situations, new changes in the new environment, the new platform to achieve a new equilibrium, with appropriate speed, appropriate manner, higher efficiency, more Good quality, continue to maintain a healthy, steady state of development. The face of the same external environment, the steel industry chain, any party can not be long-term "good", the industry chain cooperation is an inevitable trend. Therefore, the interests of the steel industry stakeholders should put aside short-term interests, from the perspective of the industrial chain construction, and upstream and downstream enterprises to form a real benefit-sharing, risk-sharing long-term stable cooperative relations.<br /> <strong>Reduced demand led to excess steel production capacity</strong><br /> <p> September 6, the second session of the steel industry, "new knowledge, new technologies, new ideas" Forum, the China Iron and Steel Industry Association, party secretary, the Secretary-General Liu Zhenjiang pointed out that the current weakening demand caused by overcapacity problem, China's steel industry The second is to pay more attention to technological innovation, product quality, intelligent manufacturing, pay more attention to environmental protection and green development, and actively promote the development of new products, in order to promote the development of the industry, Promote the iron and steel industry a new industrial revolution. </p> <p style="text-align:center;"> <img src="/upfiles/news/image/20160928/20160928094614_5046.jpg" width="600" height="400" title="China Iron and Steel Industry Association Forecast: Industry Chain Oversupply Situation Will Remain" alt="China Iron and Steel Industry Association Forecast: Industry Chain Oversupply Situation Will Remain" /> </p>