Steel production has declined, and refractory material output is likely to follow the same trend in the first quarter.
Release Date:
2022-04-27 17:48
Author:
Originating from the internet
According to data from the National Bureau of Statistics, in March 2022, China’s crude steel output totaled 88.295 million tonnes, down 6.4% year on year; for the January–March period, cumulative crude steel production reached 243.376 million tonnes, a decrease of 10.5% compared with the same period last year.
Recently, the National Development and Reform Commission and other ministries stated that, in order to ensure policy continuity and stability and consolidate the gains made in reducing crude steel output, nationwide efforts to cut crude steel production will continue in 2022. These measures will help achieve a year-on-year decline in national crude steel output for 2022, guide steel enterprises to abandon the extensive growth model focused on volume, and promote high-quality development of the steel industry.
Based on crude steel production data, we can infer that refractory material output is also likely to be trending downward. The main reasons are: (1) In the first quarter, overlapping factors—including winter‑spring environmental‑protection controls, heightened restrictions during key periods, and the Lunar New Year holiday—have slowed the production pace of both steelmakers and refractory manufacturers; (2) Since late February, the nationwide COVID‑19 situation has continued to evolve, driving up logistics and transportation costs and creating bottlenecks in supply chains, which have hampered raw‑material procurement and finished‑product delivery for manufacturing firms, leading to inventory buildups for certain products; and (3) Weak demand and rising production costs have kept trading activity at a subdued pace. Taking alumina—the primary raw material for refractories—as an example, alumina producers have been operating below capacity and showing limited enthusiasm to ramp up production, largely due to the combined impact of higher raw‑ore costs and soaring fuel expenses.
Consult Now
Contact us
Phone:+8613838431512
Email:crf6701@sina.cn
Address: East Dajia Science and Technology Industrial Park, Jingjin North Road, Luoxin Industrial Cluster Zone, Luoyang City, Henan Province, China
Copyright © Luoyang Xuan Shi New Materials Technology Co., Ltd. IPv6 support enabled.
Sorry, there is currently no content in this section.
You can view other sections.
Business license