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 enterprises.
In summary, according to the semi-annual performance forecasts for 2025 released by multiple publicly listed steel firms, both enterprises expecting performance growth and those incurring losses mentioned in their reports the issues of steel price changes and production cost control in the first half of the year. This underscores the crucial role of cost reduction and efficiency enhancement in the performance of steel enterprises.