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The global steel market continues to fluctuate and adjust

The global steel market continues to fluctuate and adjust
Issue Time:2018-07-31

    The international steel market in July was generally stable.At the end of the month, the global steel benchmark price index of 123.2 pointsfell by 0.1% on a week-on-week basis (down from up to down), down 0.4%month-on-month and up 20.2% month-on-month. Among them: flat steel index was115.7 points, down 0.2% on a week-on-week basis (from ups and downs); longproduct index was 131.6 points, up 0.1% on a week-on-week basis (declineconvergence); Asia index was 124.4% points, down 0.6% on a week-on-week basis). The China index in Asia was 127.1 points, down 0.7% on a week-on-week basis(from flat to down); the Americas index was 143.5 points, up 0.3% on aweek-on-week basis (from upside down); the European index was 107.8 points, up0.6% on a week-on-week basis. ). Based on the market operation situationcombined with the fundamental situation forecast, the international steelmarket in August may continue to fluctuate and adjust the trend.

    Global crude steel production in June increased by 5.8%year-on-year. According to the data of the International Steel Association, theoutput of crude steel in 64 countries in the world was 151.4 million tons inJune, an increase of 5.8% year-on-year, and the output increased by 8.28million tons. In the first six months of this year, the world crude steeloutput was 881.5 million tons, up 4.6% year-on-year. 39.1 million tons; inJune, the global crude steel capacity utilization rate was 78.5%, an increaseof 3.8 percentage points year-on-year and 1.0 percentage point quarter-on-quarter.

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