Steel situation

Steel is a material of a certain shape, size and properties made from ingots, billets or steel by press working. Most steel processing is through pressure processing, which plastically deforms the processed steel (bill, ingot, etc.). According to the different processing temperature of steel, it can be divided into cold working and hot working. According to different uses, steel can be divided into construction and engineering steel, structural steel, tool steel and special performance steel.

Steel is the mainstay of the national economy, the lifeblood of the country, and the material guarantee for the country's survival and development. The iron and steel industry is an important basic industry of the national economy and an important symbol of the country's economic level and comprehensive national strength, and steel is one of the main products of my country's iron and steel industry. With the transfer of international industries and the rapid development of my country's national economy, my country's steel industry has made great achievements, and the output of steel has also continued to increase. According to statistics, my country's steel output will reach 1,336.668 million tons in 2021, an increase of 0.9% over 2020.

As the basic industry of the national economy, my country's steel industry, coupled with the implementation of the "14th Five-Year Plan" and the continuous recovery of overseas economies, construction machinery, trade import and export, freight and other indicators are also deepening the market's demand for steel, making my country's steel industry. The industry has withstood the test of the epidemic, shouldered the important task of ensuring supply, stabilizing employment, and promoting development, and has become the backbone of domestic economic recovery. According to statistics, my country's steel sales in 2020 will reach 739.96 million tons, an increase of 12.6% over 2019.