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Market trend of 304 stainless steel plate in the fourth quarter and next year

Published on: April 17, 2021 Views:

For the market trend of 304 stainless steel plate in the fourth quarter and next year, suggestions are made on the main problems encountered in the current production and operation and promoting the high-quality development of the industry. The summary of the meeting said that from the situation reflected by the enterprise, everyone has a relatively consistent understanding of the situation. The industry can reach a consensus on the situation that may be dealt with and the measures that may be taken. Facing the severe and complex domestic and international environment, we should be prepared to deal with the crisis. At the same time, we should have confidence in the development of the industry. There will be no cliff like decline in China's economy, and the development of China's iron and steel industry has reached the international advanced level. As long as the steel industry maintains self-discipline and acts rationally, it can cope with the downward pressure on the economy. For the problems and suggestions put forward by enterprises, CISA will further give play to the role of bridge and platform advantages, actively promote relevant work, and work with enterprises to jointly maintain the stable operation of the industry. Participants said that in the first three quarters, domestic steel production continued to maintain a high level. Affected by the slowing growth of downstream demand for automobiles and household appliances and the intensification of the trade situation, the characteristics of strong market supply and weak demand were more significant, and the price of 304 stainless steel plate showed a low shock trend. At the same time, the prices of raw fuels such as iron ore and coke are running at a high level, the market operation environment faced by iron and steel enterprises is more severe, and the profitability and benefit level have decreased significantly. At present, there are the following problems in the economic operation of the iron and steel industry: first, the high fluctuation of iron and steel output and the steady slowdown of superimposed demand growth have increased the competitive pressure of enterprises. Second, the intensification of the global trade situation has an adverse impact on exports and intensified competition in the domestic market. Third, environmental protection and production restriction still have a great impact on enterprise production and operation.