News from the Financial Associated Press on September 28 (Reporter Wang Bin) "Downstream demand is lower than expected, and the price of upstream raw materials is high." Luo Tiejun, vice president of the association, summed up the current development situation facing China Iron and Steel in this way. Luo Tiejun said that the main problem in the current steel market lies on the demand side, but the realistic solution is still on the supply side.

Wang Xuanyue, a researcher of the steel business group of Shanghai Steel Union, told the reporter of the Financial Associated Press that the current competitive pressure in my country's steel industry is relatively high. The overall performance is that the demand is limited but the production capacity is sufficient. Steel mills often habitually increase production in order to consolidate their own market share. Amortize part of the cost to form a local competitive advantage, but in the current state of shrinking market and high dependence on raw material imports, this kind of operation will exacerbate the imbalance between market supply and demand at some time, making the overall profit of the industry low.

Zhang Longqiang, Secretary of the Party Committee and Dean of the Institute of Metallurgical Industry Information Standards, compared the "12th Five-Year Plan", "13th Five-Year Plan" and the changes in steel prices in the past two years to reporters from the Financial Associated Press. , Steel prices may enter a downward channel during the "14th Five-Year Plan" period. Zhang Longqiang predicted that in the absence of major policy adjustments, the steel industry in 2023 may not be better than this year: first, because the capacity replacement project is about to be implemented, second, the 1 billion tons of steel production is unsustainable, and third, the real estate market may continue downturn.

As for the factors affecting the price trend of the steel market in the future, insiders believe that on the one hand,