Steel pipe products refer to the related products made of steel pipes, which are mainly used in construction machinery, real estate (scaffolding steel pipe, water supply, air flow pipe, fire protection pipe), oil and gas (oil well pipe, pipeline pipe), steel structure(steel plate), electric power (structural carbon steel pipe), automobile and motor (precision seamless steel pipe) and other industries, and are indispensable main steel varieties.
1. Energy pipeline construction and real estate industry become the main force driving the consumption of steel pipe products
In the Guiding Opinions of the 13th Five-Year Plan for the Development of the Steel Pipe Industry released by the state, construction machinery, real estate, export and oil and gas are the main downstream application fields of steel pipe products in China, accounting for 15%, 12.22%, 11.11% and 10% respectively.
Urbanization and "coal to gas" helped the steady growth of the residential gas market. Gas is also divided into gas, liquefied gas and natural gas, of which natural gas is mainly transported by pipeline. At present, China's small and medium-sized cities and towns, which use coal as the main energy source, have a large space to replace. With the promotion and support of the "coal to gas" policy, the scale of China's natural gas market has steadily increased, and the process of superimposed urbanization has been accelerating, and the scale of domestic residential gas market will continue to rise.
Therefore, in the context of accelerated urbanization, China's natural gas consumption will grow steadily, driving the rapid growth of the scale of the gas pipeline network, and thus increasing the demand of the steel pipe products industry. According to the data, the mileage of natural gas pipelines in China will reach 83400 kilometers in 2020, up 3% year on year, and it is expected to reach 85500 kilometers in 2021.
In addition, according to the Fourteenth Five-Year Plan, pipeline reconstruction and construction must be taken as an important infrastructure project during its period; The policy orientation of "accelerating the aging and renovation of urban pipelines" was defined in the document of the meeting, which included "moderately advanced infrastructure investment". It can be seen that the urgency of gas pipeline upgrading in China has increased, bringing huge demand space for steel pipe products industry.
2. The pipeline transportation industry contains greater consumption potential of steel pipe products
According to the "Research on the Development Trend of China's Steel Pipe Products Industry and the Future Investment Forecast Report (2022-2029)" released by Guanyan Report, at present, the eastern and western parts of China's energy are unevenly distributed, and pipeline transportation has a great advantage in long-distance energy transportation. According to the data, in 2020, the total mileage of newly built long-distance oil and gas pipelines in China is about 5081 kilometers, including about 4984 kilometers of newly built natural gas pipelines, 97 kilometers of newly built crude oil pipelines, and no new product oil pipelines. In addition, the total mileage of major oil and gas pipelines to be continued or commenced in 2020 and completed in 2021 and later is expected to be 4278 kilometers, including 3050 kilometers of natural gas, 501 kilometers of crude oil and 727 kilometers of refined oil pipelines. It can be seen that China's pipeline transportation contains greater consumption potential of steel pipe products.
Post time: Feb-18-2023