The daily average output of crude steel in March w

In March, the average daily output of crude steel was the second highest in history, and the contradiction between supply and demand intensified.

the latest data from the National Bureau of statistics showed that the domestic crude steel output in March was 61.58 million tons, with a year-on-year increase of 3.9%. The average daily output of crude steel reached the second highest level in history, with a cumulative monthly production of 174.22 million tons, with a year-on-year increase of 2.5%; At the same time, GDP growth fell to 8.1% in the first quarter, and the growth of fixed asset investment and real estate investment also fell. Crude steel output rose, while market demand slowed down, and the situation of steel supply exceeding demand intensified

data show that the domestic crude steel output reached 61.58 million tons in March, and the daily average output reached 1.9865 million tons, an increase of nearly 60000 tons compared with February; The average daily output of that month was second only to the peak of 1997700 tons in June last year. This level is also much higher than the data previously released by CISA, but the two trends are the same. According to the data of China Steel Association, the average daily output of crude steel in March was 1.9023 million tons, an increase of 208000 tons from February

the data of the Bureau of statistics also showed that the monthly crude steel production was 174.22 million tons, and the daily average output reached 1.915 million tons, which was also higher than the average level of 1.875 million tons in the whole year of last year. Based on this calculation, the annual output of crude steel will reach 700 million tons, and the sales of universal testing machines, impact testing machines, pressure testing machines, fatigue testing machines and other testing machines can all stand on the other side's point of view

while the average daily output of crude steel rebounded significantly, the domestic steel demand continued to slow down. GDP growth in the first quarter was only 8.1%, down 1.1 percentage points from last year and 0.8 percentage points from the fourth quarter of last year, the lowest level since the fourth quarter of 2009. The growth of fixed asset investment in September, which is the key to enhance the competitiveness of graphene materials in the market, fell to 20.9%, down 0.6 percentage points from the month; Real estate investment increased by 23.5%, down 4.3 percentage points; The added value of industries above designated size increased by 11.6% year-on-year. Although it rose by 0.2% over the month with its good damage resistance, fire resistance and permeability resistance (including various liquids such as special hydraulic working oil), it is still lower than the level of 13.9% last year

since the beginning of this year, domestic steel prices have always lacked upward momentum, mainly due to the weak market demand, but the market supply pressure is still increasing. My steel inventory statistics show that as of April 6, the domestic social inventory of steel was still as high as 17.755 million tons, 870000 tons higher than the same period last year, and the rate of destocking this year was also significantly slower than the same period in previous years. From the first quarter economic data rdquo; Li Xinchuang, President of the metallurgical industry planning and Research Institute, explained to Shanghai Securities News that the oversupply of steel market is indeed serious. Steel market prices will still face greater pressure in the later stage