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The Ministry of Industry and Information Technology released the "Twelfth Five-Year Development Plan for the Iron and Steel Industry" on the 7th. It is estimated that at the end of the "Twelfth Five-Year Plan", the demand for iron ore, coke, ferroalloy and refractory materials in China's steel industry will be 1.13 billion tons and 380 million tons respectively. , 28 million tons and 15 million tons. The steel industry is an industry that consumes a lot of resources and energy. The data shows that in 2010 China consumed 920 million tons of finished iron ore, 330 million tons of coke, and energy consumption accounted for 13.9% of the total energy consumption of the whole society. Considering that China needs a process to change its economic development mode, the original development mode will maintain a certain inertia for a period of time. The domestic crude steel consumption growth will maintain a high level in the early period of the “Twelfth Five-Year Planâ€. The Ministry of Industry and Information Technology predicts that China will Long-term crude steel consumption may enter the peak arc top area during the “Twelfth Five-Year Plan†period, and the highest peak may occur between 2015 and 2020, with a peak of about 770 million to 820 million tons. With the rapid development of the domestic steel industry, the trend of global allocation of iron ore resources in China has taken shape. In 2010, China imported 40 iron ore sources (expanded to 63 in 2011), with an import volume of 618 million tons, accounting for 67% of total iron ore consumption, an increase of nearly 32 percentage points from a decade ago. . Driven by high mining prices and high returns, domestic iron ore production also increased by 26.4% in the first ten months of 2011, imported iron ore increased by 10.9%, and domestic mines grew faster than imported ones. The Ministry of Industry and Information Technology said that during the "Twelfth Five-Year Plan" period, the contradiction in the quantity of China's steel industry has been greatly weakened. The adjustment of product structure is no longer a quantitative increase or decrease. Instead, it should focus on improving the quality of steel products, promoting the transformation and development of downstream industries, and promoting Resource conservation and energy saving. For the construction of rebar, wire, plate and hot-rolled strips, the steel products should be of high quality, grade and stability.