Affected by the rebound in the operating rate of downstream real estate and infrastructure in the new spring, steel demand has picked up. According to institutional data, the output of medium and thick plate and profile steel mills has increased relatively recently, and the output of some regions has experienced explosive growth. In the context of improving demand, steel production has risen, and plates mainly including hot coils, medium plates, and cold galvanized plates have begun to destock.

According to the monitoring data of the Iron and Steel Cloud Business Platform, on February 14, the daily shipment of Tangshan Profile Steel Works was 139,900 tons, an increase of 114,850 tons from the previous day, an increase of 458.48%. The single-day shipment hit a record of nearly 9 A new monthly high; the daily order volume of northern plate steel mills was 25,900 tons, an increase of 19,100 tons or 280.88% from the previous day.

the downstream of building materials is mainly for the infrastructure and real estate industries, the medium and heavy plates are mainly for industrial production, and the profiles are mainly for steel structure engineering. The increase in shipments of these products reflects the gradual recovery of downstream demand.

According to the data , the monthly average daily trading volume of steel products on the platform was 101,300 tons, an increase of 36,200 tons over the same period last year, a year-on-year increase of 55.7%; an increase of 1,400 tons over the same period in 2021, a year-on-year increase of 1.4%. The national project resumption rate has increased significantly, and terminal demand, especially manufacturing demand, has recovered rapidly.