The operation of the steel industry in the first two months was divided

Release time:

2024-04-11

Crude steel consumption will fall by 2.8% in 2023. The continued decline in real estate will continue to weaken the role of driving steel demand. Although demand for infrastructure and manufacturing has increased, it is subject to high production capacity and terminal construction is lower than expected, suppressing the trend of steel prices. .

The construction industry continued to decline, dragged down by the real estate industry, and the manufacturing industry grew overall. Among them, the main indicators of real estate continued to decline, and the declines expanded. The completed area turned from increase to decrease; investment in infrastructure construction maintained growth.

Analyst opinion: Crude steel consumption will fall by 2.8% in 2023. The continued decline in real estate will continue to weaken the role of driving steel demand. Although demand for infrastructure and manufacturing has increased, it is subject to high production capacity and terminal construction is lower than expected, suppressing the trend of steel prices. .

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The operation of the steel industry in the first two months was divided

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