According to the incomplete statistics of 67 coal-fired machinery enterprises recently conducted by the China Coal Machinery Industry Association, in the first half of this year, China's coal machinery industry achieved an industrial output value of 23.33 billion yuan, an increase of 8.16% over the same period of last year; and coal machinery sales revenue reached 22.91 billion yuan. This was a 14.2% increase over the same period last year. “From the perspective of the development characteristics of coal machine manufacturing enterprises in the first half of the year, the ability of independent innovation of enterprises has been strengthened, the pace of structural adjustment has been accelerated, the degree of industrial concentration has been further improved, and the overall development quality of the industry has been further enhanced.” The relevant person in charge of the China Coal Machinery Industry Association believes that .

However, while the overall quality of the coal machinery industry has increased, coal-fired machine companies are also facing a series of problems such as rising raw material costs and weak basic areas. The increase in costs brought about some pressure In the first half of this year, domestic steel production showed a high growth trend and a large fluctuation. In July, the price of steel products was also interpreted as a drastic change from the general decline to the surge. The unpredictability of steel prices will have a direct impact on the coal machinery manufacturing industry.

However, various coal-fired machine companies have different reactions to the rise in steel prices. A person from Zhangjiakou Coal Mining Machinery Company stated that the sharp increase in the ex-factory price of steel directly increased the production cost of coal-fired machine manufacturing enterprises, but coal-fired power products could not increase sales prices due to the increase in production costs in the short term, and corporate profits would therefore be subject to certain influences. A person in charge of Zhengzhou Coal Mining Machinery Company also stated that the current market competition for coal machinery is very fierce, and companies try to ease the pressure of rising costs through internal digestion, and they will not be forced to adjust coal prices. Different from Zhengzhou Coal Machinery Co., Ltd. and Zhangjiakou Coal Machinery Co., Ltd. etc., an Anhui company that has been involved in coal machine manufacturing for a short period of time stated that due to the lack of economies of scale in the company's coal machinery manufacturing, weak anti-risk capability, raw material costs for steel products, etc. The pressure caused by the increase is not small.

In addition, some coal-manufacturing companies also stated that in the short term, the increase in steel prices has little effect on the coal-fired machine market, but if the price of steel products rises for a long time, it may push up coal-fired machine prices. The demand for the market is still strong in the next few years. The rise in raw material costs is a concern, but the continued growth in the coal market has turned coal-fired machine companies into worry. "Although the end of the peak coal consumption season this year is approaching, domestic coal prices are facing adjustments, and coal production faces many uncertainties, but in the coming years, the demand for the coal mining machine market will remain strong," said an industry researcher. According to analysis, in the past, the output of small coal mines in China accounted for about one-third of the total coal output in the country, and the backward production methods such as shot mining were often used, and there was little demand for coal machines. The integration of coal mines starting from the second half of last year will objectively promote the construction of large-scale modern coal mines, promote large-scale production and technological modernization, which will provide a larger industrial platform for the development and application of large-scale coal machinery, and will certainly produce a large number of fully-mechanized coal mining facilities. The demand for complete sets of equipment.