中钢协：上半年国内钢铁产量同比下降、库存保持近年低位

Core Insights - The steel industry in China has seen a decrease in production and a reasonable recovery in profits in the first half of the year, attributed to effective supply-demand balance measures and industry self-discipline [1][2] Group 1: Production and Inventory - National crude steel production reached 515 million tons in the first half of the year, a year-on-year decrease of 3.0%, aligning with national industrial regulation policies [1] - The apparent consumption of crude steel was 452 million tons, down 5.6% year-on-year [1] - The average month-end steel inventory for key statistical steel enterprises was 18.91 million tons, the lowest level in nearly four years [1] Group 2: Price Trends - The average value of the China Steel Price Index (CSPI) for the first half of the year was 93.75 points, reflecting a year-on-year decrease of 13.35% [1] - Steel prices experienced a relatively stable trend, with the maximum fluctuation being 7.47 points, the smallest in the past five years [1] Group 3: Market Dynamics - Despite low inventory levels supporting price stability, there was an upward trend in steel inventory in June, with a 5.2% year-on-year increase [2] - The CSPI dropped to 89.51 points by the end of June, marking the lowest level in over eight years [2] - Maintaining market stability remains a top priority for the industry [2]