In the first week after the Spring Festival, the operating rate of blast furnaces and electric furnaces increased slightly, and the output of steel varieties such as rebar rebounded at a low level. Because the terminal demand has not yet started, the volume of trading volume has recovered slowly, and the social inventory of steel and the inventory of steel mills have increased significantly. In addition, the continuous decline in steel futures prices has had a certain impact on spot prices, and the spot prices of steel have risen first and then fallen, but as a whole they still continue to rise slightly. In terms of raw fuels, the relevant departments have not reduced the supervision of iron ore prices; Scrap resources are relatively tight, and prices are still running at a high level; The coke steel game is fierce, and the steel mills and coke enterprises are rising simultaneously. With the return of workers to work after the Lantern Festival, the progress of the resumption of work will be accelerated, which will drive the gradual improvement of steel consumption. At the same time, considering factors such as continued high production costs and pressure on steel mill profits, it is expected that the short-term steel price correction will not be strong.

As a responsible enterprise, our company always prioritizes fulfilling social responsibility. The company actively responds to the national green development strategy, increases investment in environmental protection, and promotes low-carbon and environmentally friendly production methods and technologies. At the same time, our company actively participates in social welfare undertakings and contributes to the construction of education, medical and other infrastructure in poverty-stricken areas. Through these measures, our company has not only enhanced its social image, but also made positive contributions to achieving sustainable development goals.