In the first half of the year, the steel output runs low, and will the second half continue?

In the first half of this year, the overall steel production decreased significantly compared with the same period last year. From January to June, the output of crude steel in my country was 52.688 million tons, a year-on-year decrease of 6.5%; the output of raw iron was 438.93 million tons, a year-on-year decrease of 4.7%; the output of steel was 66.14 million tons, a year-on-year decrease of 4.6%.
Based on the low output in the first half of the year, can the output continue to decline in the second half of the year? From the perspective of national requirements to continue to reduce the national crude steel output, it is expected that the overall steel output will show a decline and year -on -year rise in the second half of the year.
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Starting from mid -to -late June, with the continuous expansion of steel mills, domestic steel companies have opened a large -scale spontaneous reduction and production discontinued, and the output has declined significantly. According to data, as of now, the start rate of the blast furnace has “six consecutive declines”, with a cumulative decrease of 6.3 percentage points. The average daily output of crude steel has also appeared “Pentecoin Company”.
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Social inventory has shifted from the “off -season” accumulation to continuous libraries. Data show that on July 22nd, the social inventory of 29 key cities across the country was 12.803 million tons.
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With the gradual improvement of market supply and demand status, under the influence of factors such as increased demand in the second half of the year and the continuous decline in the price of raw fuel prices, the recent steel prices have rebounded overlook, and the profit of steel mills has also been repaired. Recently, some steel companies have also been re -production, but the overall profit is limited, so it is difficult to form a large area of re -production in the short term.