This week, the output of China’s five major types of steel was 8.9713 million tons, an increase of 140,300 tons from the previous week.
        In terms of inventory: the total steel inventory this week was 17.4903 million tons, a decrease of 869,600 tons from the previous week, and the decline rate narrowed.
        Looking ahead, as most steel mills turn losses into profits, there are still companies that will resume production one after another. At the same time, demand resilience in the off-season is insufficient, and inventory depletion may slow down. In addition, there are many uncertain factors at home and abroad, commodity prices are under pressure, the market sentiment is more cautious, and short-term steel prices may be adjusted within a narrow range.