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2019 steel market analysis

2019 steel market analysis

  • Categories:Industrial News
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  • Time of issue:2020-01-04 15:26
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(Summary description)Industry big data shows that according to statistics, China's steel production and sales volume reached 1.205 billion tons and 1.153 billion tons in 2019. The better market demand in the steel industry in 2019 was mainly due to the stable operation of downstream industries such as infrastructure and real estate.

2019 steel market analysis

(Summary description)Industry big data shows that according to statistics, China's steel production and sales volume reached 1.205 billion tons and 1.153 billion tons in 2019. The better market demand in the steel industry in 2019 was mainly due to the stable operation of downstream industries such as infrastructure and real estate.

  • Categories:Industrial News
  • Author:
  • Origin:
  • Time of issue:2020-01-04 15:26
  • Views:
Information

  Industry big data shows that according to statistics, China's steel production and sales volume reached 1.205 billion tons and 1.153 billion tons in 2019. The better market demand in the steel industry in 2019 was mainly due to the stable operation of downstream industries such as infrastructure and real estate.

  From 2010 to 2017, my country's steel production increased from 803 million tons to 1.048 billion tons.

  From 2010 to 2014, steel production showed an upward trend.

  In 2014, the steel output was 1.125 billion tons, setting a record;

  Affected by the country’s supply-side reforms, capacity reduction, and the slowdown in real estate investment growth from 2015 to 2017 , steel production has shown a downward trend.

  The steel output in 2017 was 1.048 billion tons, an increase of 0.8% year-on-year.

  In 2017, the output of pig iron was 711 million tons and the output of crude steel was 832 million tons.

  As of the end of December 2019, the country has produced 996 million tons of crude steel, an increase of 8.30% year-on-year

  From 2012 to 2018, China's apparent steel consumption has shown an overall upward trend, but fluctuated greatly. Among them, China's apparent steel consumption in 2018 was 1.049 billion tons, a year-on-year increase of 6.39%, and the growth rate was significantly higher than the previous year.

  As of the end of December 2019, China's apparent steel consumption reached 1.153 billion tons, an increase of 9.91% year-on-year

  The better market demand in the steel industry in 2019 is mainly due to the stable operation of downstream industries such as infrastructure and real estate.

  According to statistics, China's steel production and sales volume reached 1.205 billion tons and 1.153 billion tons in 2019. In 2020, under the influence of the new coronavirus epidemic, the industry prospects are not optimistic.

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