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Steel industry benefits to maintain growth

2018-06-29


Since the beginning of this year, domestic steel production has been generally stable and advantageous production capacity has been released. In the first five months of this year, domestic crude steel and steel production increased, pig iron production decreased, scrap steel production increased, and there was no basis for a sharp rise in iron ore prices. The overall balance of supply and demand in the steel market, steel prices fluctuated, the efficiency of the steel industry maintained growth, and the financial situation continued to improve. From January to April this year, the increase in sales costs in the steel industry was lower than the increase in revenue, which is an important reason for the improvement of industry efficiency. At present, the domestic steel social inventory and enterprise inventory are at a relatively low level, should pay close attention to the later steel industry capacity release, to prevent the market

Since the beginning of this year, domestic steel production has been generally stable and advantageous production capacity has been released. In the first five months of this year, domestic crude steel and steel production increased, pig iron production decreased, scrap steel production increased, and there was no basis for a sharp rise in iron ore prices. The overall balance of supply and demand in the steel market, steel prices fluctuated, the efficiency of the steel industry maintained growth, and the financial situation continued to improve. From January to April this year, the steel industrySalesThe increase in costs is lower than the increase in revenue, which is an important reason for the improvement in industry efficiency. At present, the domestic steel social inventory and enterprise inventory are at a relatively low level. We should pay close attention to the release of steel industry capacity in the later stage to prevent the market supply pressure from growing too fast.

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