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Crude steel output is expected to continue to decline in 2022. The steel price center is expected to stabilize and rise._SMM

[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. ....

Li Xinchuang , Research Institute , Information Technology , National Bureau Of Statistics , Steel Association , Ministry Of Industry , Metallurgical Planning Institute , Metallurgical Industry Planning , National Bureau , China Iron , Merchants Securities , Crude Steel Output , Steel Price , Steel Market ,