What is the trend of China's steel market in the second half of the year

Most people in the industry believe that the trend of China's steel market in the second half of the year is not bad! In the first half of the year, the steel market remained strong under the influence of public health events, which was the result of infrastructure driven demand. Public health events have increased the downward pressure on China and the global economy, so the government has increased infrastructure investment to support domestic steel demand. In the second half of the year, infrastructure construction will continue to boost steel demand.

With the implementation of a series of policies and measures, such as "six stabilities", "six guarantees", steady monetary policy and active fiscal policy, the "two new and one heavy" will be gradually implemented, new and old infrastructure projects and major projects will be constructed in succession, and the national economic activities will be further warmed up. It is expected that the demand of downstream steel industry will maintain growth in the second half of the year, and the total steel consumption in the whole year will remain high to boost the steel market.

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