Recently, the provincial key construction project list of Hebei Province in 2023 was released, which involves a total of 24 steel related projects, as follows:

2023 List of Key Construction Projects in Hebei Province (Steel)
Hebei Woyu Group Stainless Steel Metal Bellows and Special Pipe Project (Jingxian County)
Hebei Xingde Annual Treatment of 1 million tons of Iron and Steel Furnace ash and mortar Project (Shexian)
Integration, Restructuring, Reduction, Replacement, Transformation and Upgrading Project of Tangshan Donghua Iron and Steel Enterprise (Fengnan District)
Tangshan Ganglu Steel Integration, Restructuring, Reduction and Replacement Project (Zunhua City)
Hebei Puyang Iron and Steel Integration, Restructuring and Upgrading Project (Wu 'an City)
Hebei Jijing Product Structure Upgrade and Special Steel Plate (Pingshan County)
Chengde Zhaofeng Iron & Steel Annual output 2×5 million tons of high-quality pellet project (Kuancheng County)
Handan Steel City Fine Steel Processing and Manufacturing Base Project (Fuxing District)
Shahe Jinhai Special Steel High-quality Steel Pipe and High Pressure Gas Cylinder Manufacturing Project (Shahe City)
Chengde Jianlong Vanadium Titanium High-tech Bar Production Line Project (Yingshou Yingzi Mining Area)
Shougang High Performance Oriented Silicon Steel Project (Qian 'an City)
Hegang Leting Steel Base Project Phase II (Leting County)
Hebei Taihang Iron & Steel Restructuring and Relocation Project Phase II (Wu 'an City)
Qian 'an Jiujiang Wire Integration and Reorganization Reduction Replacement Project (Qian 'an City)
Hegang Pohang Automobile Plate (Leting) Project (Leting County)
Changli Tianchuangjian 1450mm Cold Rolling Project (Changli County)
Hebei Meifugan Vanadium Titanium High-end Digital Series Cold Rolling Project (Shuangluan District)
Hebei Xinda Steel Capacity Reduction Replacement Transformation and Upgrading Project (Qian 'an City)
Hesteel Handang Old Area Retreat Integration Project (county)
Tangshan Guotang Steel Guoyi Steel Relocation Project (Leting County)
Hebei Longfengshan Iron Base New Material Quality Improvement Project (Wu 'an City)
Hebei Xinwu 'an Iron & Steel Xinhui Metallurgical Transformation and Upgrading Project (Wu 'an City)
Zhongpu Precision Manufacturing Cold Rolled Strip Production Project (Wei County)
Tangshan Ganglu Steel Capacity Reduction Replacement and Equipment Upgrading Project (Zunhua City)

There are 507 projects in Hebei Province, with a total investment of 1.32 trillion yuan. It is expected to complete investment of 260.11 billion yuan in 2023. Among them: 261 new projects, with a total investment of 545.51 billion yuan, estimated annual investment of 109.34 billion yuan; A total of 194 projects were continued, with a total investment of 664.61 billion yuan and an estimated annual investment of 129.88 billion yuan. Fifty-two projects have been completed and put into operation, with a total investment of 113.1 billion yuan and an estimated annual investment of 20.79 billion yuan. It covers strategic emerging industries, modernization of industrial chains, modern service industries, infrastructure and areas that strengthen weak links in people's livelihood.

2023 Hebei Provincial Government Work Report (Iron and Steel)

In addition to the new project list, the Hebei Provincial People's Government recently issued a government work report, which not only summarized the work of the past five years, but also made overall arrangements for the future work, among which the steel industry is also a key one.

Five-year achievement

The past five years saw solid progress in industrial restructuring. Hebei Province is determined to go, take the initiative to adjust and accelerate the transformation, and the supply-side structural reform continues to deepen. We overfulfilled the task of cutting overcapacity in six major industries, reducing steel production capacity from 239 million tons to over 190 million tons.

In the past 2022, Hebei Province focused on innovation and strong clusters, accelerating the pace of industrial transformation and upgrading. We will introduce measures for high-quality development of the steel, equipment, petrochemical and food industries. Ecological control of pollution, green and low-carbon development has achieved remarkable results. With iron and steel enterprises as the breakthrough point, we will carry out A performance in environmental protection in key industries and lead enterprises in deep emission reduction and green transformation.

Future development

While making a series of achievements, Hebei Province is still under the triple pressure of demand contraction, supply shock and weakening expectation, and structural contradictions and deep-rooted problems are still prominent. In the next five years, the steel industry should unswervingly promote innovative development and create new drivers and advantages for modernization. We will continue to give priority to the real economy in economic development, accelerate the development of a manufacturing province, a quality province, a new energy province, and a digital Hebei province, accelerate the development of pilot zones for industrial transformation and upgrading, deepen the transformation of industries such as steel and equipment manufacturing into high-end, smart, and green industries, promote the integrated development of strategic emerging industries, and strengthen and expand the digital economy. A multi-energy pattern featuring wind, light, water, fire, nuclear, storage and hydrogen will be formed, and a modern industrial system with Hebei characteristics will be built. Specific arrangements are as follows:

We will accelerate the development of a modern industrial system

We will continue to lead by innovation, promote precise alignment between science and technology and industries, and enhance synergy between innovation and industrial chains.

We will carry out initiatives to enhance innovation capacity

We will continue to implement policies such as additional deductions for enterprise R&D expenses and subsidies after R&D investment, and carry out a campaign to increase state-owned enterprise R&D spending in three years and increase it in five years, so as to ensure that the growth rate of national R&D spending is higher than the national average.

We will carry out a campaign to expand leading industries

Focusing on industries with traditional advantages such as steel, equipment, petrochemicals, and food, we launched a special campaign to upgrade high-end, smart, and green technologies, carried out more than 5,000 technological upgrading projects, and established 100 green factories at or above the provincial level.

Implement digital empowerment initiatives

We will accelerate the digitization of industries, carry out the industrial Internet campaign of "100 cities and 1,000 Parks", and support the intelligent transformation and digital transformation of enterprises.

We made solid progress in promoting balanced development among regions

We will build coastal economic growth poles, and develop port-adjacent industries such as new chemicals, synthetic materials and heavy equipment. We will support Shijiazhuang in implementing the strategy of strengthening its provincial capital, accelerate the pace of Tangshan's "three efforts", and promote the development of the Central and Southern Hebei Transformation and Upgrading Demonstration Belt.

We will continue to promote green transformation

We will give priority to ecological and green development, and work together to reduce carbon emissions, reduce pollution, promote green development and promote growth. We will intensify the battle against pollution. We will move faster to build clusters of "waste-free cities". We will ensure that the central government supervises and corrects environmental protection, and establish a permanent mechanism for protecting the environment.

Carbon peaking action will be implemented step by step in a planned way

We will accelerate the adjustment of the energy mix and promote clean and efficient use of coal. Enterprises in seven key industries, including steel and cement, were promoted to A by 60 companies this year. Efforts will be made to conserve energy and reduce carbon dioxide emissions per unit of GDP by 3%. We will deepen reforms to trade emission and energy use rights. Develop green and low-carbon industries.

As a large industrial province, steel is the pillar industry of Hebei. In recent years, in order to paint a green ecological picture, Hebei, a traditional industrial province, is constantly promoting the construction of green projects to improve the "appearance level" and change the "temperament".

In this year's new steel projects, not only involve the construction of new production lines and new bases, but also include capacity reduction replacement, removal from the city, upgrading and reconstruction. It is believed that with the construction of these projects, the steel industry structure of Hebei Province will be further optimized, and the new driving force will be fully replaced. To promote the steel industry carbon peak carbon neutrality, to achieve green quality development of the steel industry added impetus.