Source:China Industrial Economic Information Network
From the recent trend of the national steel production continues to rise, the possibility of a significant decline in domestic steel production in the short term is less, and the supply or continue to remain high. On the demand side, the off-season of the steel market has led to a decline in the willingness of end users to purchase, and it will take some time for the various policies issued by the government to boost the economy to land and show their effect, and the likelihood of a comprehensive improvement in demand in the next few months is unlikely, and it will take time for the real estate market to stabilize the downward trend.
Overall, the domestic steel market oversupply, high inventory of the overall situation will not be fundamentally reversed, but also need the majority of steel enterprises to recognize the industry supply and demand of the long-term conflict, maintain strategic focus, strictly implement the principle of production according to sales, do not blindly high production, expansion, do not turn cash into inventory, while strengthening technological innovation and transformation, improve production efficiency and reduce costs. To cope with market fluctuations.
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