[crude steel output continues to decline in 2022 and the steel price center is expected to stabilize.] on December 15, the Metallurgical Industry Planning and Research Institute released a report predicting that China's crude steel output will be 1.04 billion tons and 1.017 billion tons respectively from 2021 to 2022, down 2.3% and 2.2% respectively from the same period last year. Corresponding pig iron production, iron ore imports and so on will decline. Looking forward to 2022, the strictly prohibited new production capacity will still be the bottom line, and the overall supply and demand of steel will decline steadily.