Domestic steel demand is unlikely to increase in the second half of the year

Abstract With the convening of the Sixth Standing Council of the Fourth Session of the China Iron and Steel Industry Association, the restructuring and transfer mode will become the main tone for the future and future years of Sinosteel's economy. There will be no high growth in steel demand in the second half of the year. China Iron and Steel Association President Xu Lejiang pointed out. Xu Lejiang said that today
With the convening of the Sixth Standing Council of the Fourth Session of the China Iron and Steel Industry Association, the restructuring and transfer mode will become the main tone for the future and future years of Sinosteel's economy. There will be no high growth in steel demand in the second half of the year. China Iron and Steel Association will Chang Xu Lejiang pointed out.

Xu Lejiang said that since the beginning of this year, China's economic operation has remained stable overall. In the first quarter of this year, China's economy grew by 7.7%, down from 8.1% in the same period last year and also lower than 7.8% in the fourth quarter of last year. In the second quarter, the growth rate was 7.5%, and the speed continued to slow down. Although there is downward pressure, the main indicators are still within a reasonable range of annual expectations.

Xu Lejiang analyzed that since July, the central government has successively introduced measures such as exempting small and micro enterprises from value-added tax, facilitating service trade, and encouraging social capital to participate in railway construction in the western region. The policy focus is still on deepening market-oriented reforms to create China's economic upgrading. Version, it is impossible to have a large-scale stimulus policy.

Xu Lejiang expects that there will be no high growth in steel demand in the second half of the year. From the perspective of the quarterly laws in recent years, the output and demand in the second half of the year may even be lower than the first half.

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Product Indicators
Item Test Value
0.8mm 1.0mm 1.25mm 1.5mm 1.8mm 2.0mm 2.5mm 3.0mm
Minimum Density (g/cm) 0.94
Strength at yield, N/mm 11 15 18 23 27 30 38 45
Strength at break, N/mm 21 28 33 43 51 57 71 85
Elongation at yield, % 13
Elongation at break, % 600min
Tear Resistance N 93 125 156 187 219 249 311 373
Puncture Resistance N 263 352 440 530 618 703 881 1059
Product Application

1. Stop Bamboo roots and rhizomes from spreading
2. can be used to stop weeds roots from spreading

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