Iron and steel enterprises should pay close attention to market changes

Iron and steel enterprises should pay close attention to market changes:
First, steel production keeps growing, and the balance between supply and demand is facing a test. From the current iron and steel production situation, although the month on month decline, but still maintain growth year on year. In the late stage, the market demand has not been fully started, so the iron and steel enterprises should pay close attention to the market changes, adjust the product structure according to the needs, and maintain the stable operation of the market.

Second, the price of raw materials and fuels fluctuates at a high level, and the cost pressure of iron and steel enterprises continues to increase. According to the monitoring of CISA, on February 19, China's steel price index (CSPI) was 127.53 points, up 2.42% from the beginning of the year, while the price of iron ore imported by CIOPI was 170.72 US dollars / ton, up 7.01% from the beginning of the year. The price of iron ore increased significantly more than that of steel, and the cost pressure of steel enterprises continued to increase.

Third, the international situation is gradually improving, and the demand for steel is expected to increase. With the acceleration and expansion of vaccination, the overall trend of global epidemic control is getting better, the global economic situation has changed significantly, the production and demand of steel are recovering, and China's steel export is expected to remain stable.

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