According to data from the National Bureau of Statistics, the national crude steel output in March 2022 was 88.295 million tons, a year-on-year decrease of 6.4%; the cumulative national crude steel output from January to March was 243.376 million tons, a year-on-year decrease of 10.5%.

The National Development and Reform Commission and other ministries and commissions also stated recently that in order to maintain the continuity and stability of the policy and consolidate the reduction of crude steel output, the national crude steel output reduction will continue in 2022, which will ensure that the national crude steel output will decrease year-on-year in 2022. , to guide iron and steel enterprises to abandon the extensive development method of winning by quantity, and promote the high-quality development of the iron and steel industry.

We can infer from the crude steel production data that the refractory production data may also show a downward trend. Mainly because (1) the first quarter is the time of winter and spring environmental protection management and control, key periods of environmental protection management and control, and the Lunar New Year holidays are superimposed, and the production pace of iron and steel enterprises and refractory enterprises has slowed down (2) Since the end of February, the national epidemic situation has continued to develop, logistics and transportation costs The rise and the obstruction of transportation have affected the raw material procurement and finished product transportation of production enterprises, resulting in a backlog of some products. (3) Weak demand and higher production costs keep the transaction process at a slow pace. Taking the refractory bauxite as an example, the bauxite enterprises are under-operated and inactive, mainly due to the increase in the cost of ore production and the high fuel cost.