The Operation Of The Main Steel Industry Generally Showed A Downward Trend, And The Steel Demand Rebounded Month On Month in May

According to the official Microblog  of China Iron and Steel Industry Association on June 24, from January to may, the operation of the main steel industry generally showed a downward trend. The main indicators of the real estate industry continued to decline, the market remained depressed, investment in infrastructure construction maintained a rapid growth, and the issuance of special bonds accelerated; The manufacturing industry generally declined, with the decline narrowed. Among them, the decline in the output of major products in the machinery, automobile and home appliance industries narrowed, and the decline in the output of ships and containers expanded. In May, with the resumption of work and production of downstream industries, steel demand picked up month on month and narrowed year-on-year. Among them, the decline in most indicators of construction real estate has narrowed, and the growth rate of infrastructure investment has increased; Manufacturing production and sales rose significantly month on month.