Trends in Steel Consumption in 2023
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Trends in Steel Consumption in 2023

Views: 0     Author: Site Editor     Publish Time: 2023-12-10      Origin: Site

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On July 29, the "China Metallurgical News" reporter learned from the China Iron and Steel Industry Association six six council (expanded) meeting that in the first half of the year, China's crude steel apparent consumption fell 1.9%, steel consumption structure is changing, the proportion of steel in the construction industry declined, ships, automobiles, home appliances, wind power steel, photovoltaic steel and other continued growth, It has effectively supported the growth of steel varieties and quantities in the manufacturing industry.


In the first half of the year, in the manufacturing industry, the automobile industry performed better driven by new energy vehicles and exports, the three major indicators of the shipping industry ranked first in the world, the sub-industries of machinery were differentiated, the home appliance industry was cold outside and hot inside, and the container industry continued to decline significantly; The housing sector continues to suffer.


Looking forward to the second half of the year, with the cumulative effect of the national policy to actively expand demand and stimulate economic vitality, it is expected that the manufacturing industry will maintain steady development; Infrastructure development will continue; The decline in the real estate industry has gradually stabilized, and demand will achieve a new balance after the reduction. Overall, steel consumption is expected to have a slight downward trend in 2023.



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