For the steel industry, the new normal means that the high-growth and high-profit era driven by the rapid growth of demand is gone forever; the growth rate of steel demand has slowed down and entered the arc-top platform area; the market supply exceeds demand, the flange market The decisive role of resource allocation has become increasingly prominent, and the prices of products and raw materials have been curbed; corporate competition has shifted from homogenization to differentiation, and companies with poor competitiveness and backward production capacity will be eliminated. Whether the understanding of the new normal is sufficient, whether the flange adjustment can be timely, will directly determine the future of the enterprise.
The downstream demand has been delayed, and the output of the flanges has only increased. The general trend of steel traders has caused a slump in the market both inside and outside, the export has decreased, the output has increased, and the contradictions are still growing. On the export side, trade barriers of China's steel products continue to increase, trade frictions are becoming more and more intensive, and the recovery of European economies is difficult, which has adversely affected China's steel exports. China's export road is really not optimistic. The reduction of steel exports will definitely reduce the confidence of domestic businesses, and the optimistic value of the mentality may drop straight. The upward trend of the flange is also extremely unfavorable.