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The first quarter of the domestic market steel demand increased year-on-year

2023-05-31
By comparing the inflow of long wood and plate and strip in the domestic market in the past five years, it can be seen that the inflow of plate and strip in the...
In the first quarter, China Iron and Steel Association member steel enterprises (hereinafter referred to as member steel enterprises) domestic sales of 178,686,800 tons of steel. From the perspective of incremental steel inflow, the steel inflow of member steel enterprises for the domestic market in the first quarter increased by 8.9043 million tons in nominal terms compared with the first quarter of 2022, an increase of 5.24%. Among them, the inflow of long wood increased by 208,200 tons, an increase of 0.27%; The inflow of sheet and strip increased by 8.48800 tons, an increase of 9.57%, that is, the inflow of steel in the domestic market is driven by long wood, plate and strip together, and the increase of sheet and strip is larger, and the pulling effect is more prominent. In the first quarter, the proportion of plate and strip inflow in the domestic market of steel inflow (hereinafter referred to as the proportion of plate and strip inflow) was 2.15 percentage points higher than that in the first quarter of 2022, increasing to 54.37%, while the proportion of long material inflow in the domestic market of steel inflow (hereinafter referred to as the proportion of long material inflow) was 2.14 percentage points lower than that in the first quarter of 2022. That's down to 43.20%. Therefore, in the first quarter of the domestic market, steel demand has increased year-on-year, among which the incremental advantage of plate and strip consumption is obvious.

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