The production capacity has achieved significant results, but steel companies will also actively inc

Although in recent years China’s excessive steel production capacity (including the ban on “strip steel”) has achieved huge results of hundreds of millions of tons, it is stimulated by high profits and seizes the market. In 2019, Chinese steel companies will continue to increase production actively. Both crude steel and steel production will increase, once again hitting a record high. It is estimated that the national crude steel output in 2019 will be about 960 million tons, an increase of about 4% over the previous year, and the growth rate will fall by 2 percentage points. The national statistical steel output will be 1.15 billion tons, an increase of 5% over the previous year, and the growth rate will fall back. Percentage points.

The active increase in production by steel companies will undoubtedly increase the supply pressure on the steel market in the future, which is also an important factor in the market market expectations must be more cautious.

China's steel output continues to grow, and because of environmental pressures, it has created a strong demand for high-grade imported iron ore in China. It is expected that China's iron ore imports will remain at a huge scale of about 1 billion tons in 2019.

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