On the morning of December 21, the Metallurgical Industry Planning and Research Institute released the “Development Quality and Comprehensive Competitiveness Assessment of Iron and Steel Enterprises (2020)”.The development quality and comprehensive competitiveness of 15 enterprises, including China Baowu Group, reached A+ (extremely strong) level, and the total crude steel output accounted for 43% of the national total production.The development quality and comprehensive competitiveness of 35 enterprises, including Xinyu Iron & Steel Group Co., LTD., reached A (super strong) level, and the total crude steel output accounted for 28% of the national total production.The development quality and comprehensive competitiveness of 36 enterprises including Tianjin Steel Pipe Group Co., Ltd. reached the Level of B+(superior), and the total crude steel output accounted for 18% of the national total output.

According to reports, a total of 141 steel enterprises in the scope of the assessment, combined crude steel output accounted for about 89 percent of the country’s total output.

The review according to “create globally competitive world first-class enterprise” requirements, selection of scale, profitability, efficiency, innovation, market environment and the like 12 indicators, will this year the development quality and comprehensive competitiveness evaluation for A + (strong) of 15 domestic steel companies with South Korea’s posco, Japan steel, JFE, arcelormittal, the world’s iron and steel enterprise were analyzed.Comprehensive research and judgment, China Baowu Group development quality and comprehensive competitiveness for the global steel industry first, to reach the world’s first-class level;The development quality and comprehensive competitiveness of Shougang Group, Citic Pacific Special Steel, Shagang Group, Hegang Group, Anshan Steel Group, Hualing Steel Group and Nangang Group have reached the world first-class level.The development quality and comprehensive competitiveness of Liuzhou Iron & Steel Group, Jianlong Heavy Industry, Delong Iron & Steel, Rizhao Iron & Steel, Xinxing Casting pipe and Qingshan Holding Group have reached the world’s quasi-first-class level.