In the first half of 2025, downstream demand in the steel industry remained in the doldrums, with steel prices fluctuating downward. The steel industry as a whole faced a situation of "weak supply and demand," with a slow market start and demand falling short of expectations, thereby affecting the sales performance of various steel companies.

[SMM Hot Topic: Steel Companies' Semi-Annual Earnings Forecast Released, with Half in Profit and Half in Loss] In the first half of 2025 (H1), downstream demand in the steel industry remained in the doldrums, with steel prices fluctuating downward. The steel industry as a whole faced a situation of "weak supply and demand," with a slow market start and market demand falling short of expectations, thereby affecting the sales performance of various steel companies.

Today, DCE iron ore futures continued their strong upward trend, with the most-traded contract I2509 reaching a high of 777.5 and eventually closing at 773, marking a daily increase of 1.05%. Traders actively sold their goods.