Is environmental protection and a huge production and capacity utilization of blast furnace in a low level, is expected to limit production of environmental protection in 2020 and 2019 levels.
Second, the improvement of production technology and the coefficient of the blast furnace will make up for the blast furnace and converter capacity decline.
Third, & other;
Zombies & throughout;
Capacity may release again by displacement capacity, large construction, large quantities of construction, illegal increase partly offset the decline of blast furnace, converter capacity.
Four is gradually increasing scrap supply according to the mechanism and model, is expected to increase the supply of 20 million tons.
In maintaining profits under the background, scrap will rich crude steel increment.
Crude steel production, ductile pipe
hot metal production in 2020 and 2019 is expected to flat, crude steel output will be 1%
Growth of 2%.
By the year 2020, manufacturing investment will gradually smooth, driving steel sheet especially consumption.
On the one hand, after the real estate cycle will drive home appliance, automobile and other consumer goods recovery, the recovery of the real estate finish may be a key signal.
On the other hand, from the point of view of the inventory cycle, manufactured goods, cars and other inventory will gradually enter immediately to the top of the range.
Late policy such as tax cuts JiangFei followed suit, long-term recovery will reduce the probability of marginal continued to deteriorate.
In addition, the Labour market will continue to rebound, cheng machine such counter-cyclical industries year-on-year growth is expected to stabilize rebound.
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