Under novel coronavirus pneumonia public health incident in the first half of this year, steel enterprises strengthened self-discipline and ordered production control, which played an important role in stabilizing the economic and social development. On the whole, the iron and steel industry operated smoothly in the first half of the year, domestic steel production remained high, steel consumption increased gradually, and steel inventory continued to decline after reaching a high level.
The data shows that in the first half of the year, the output of crude steel reached 499.01 million tons, a year-on-year increase of 1.4%; the cumulative export of steel was 28.704 million tons, a year-on-year decrease of 16.5%; the cumulative import of steel was 7.343 million tons, a year-on-year increase of 26.1%. From the output, import and export data, steel consumption has recovered to the same period last year in the first half of the year.
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