The steady growth of steel demand has boosted the production of national steel companies. According to data from the National Bureau of Statistics, in the first four months of this year, the national crude steel output reached 319.46 million tons, an increase of 1.3% year-on-year, of which crude steel output increased by 7.7% in April. The author believes that the national steel enterprises are actively increasing production. In addition to being driven by consumer demand, they are also affected by rising steel prices and pushing up the profits of steel products.
As China's defense epidemic work enters the normal stage, the domestic steel demand in the second quarter will further increase.On the whole, with the introduction and implementation of more vigorous macro policies, the continuous advancement of resumption of production and production and the effects of various domestic demand expansion policies appear, the demand for steel in the second quarter will continue to grow.
