Demand in the downstream is lagging behind, production of flanges is increasing but not decreasing. The general wait-and-see situation of steel traders makes the market depressed both inside and outside, exports are decreasing, production is rising, and contradictions are still intensifying. On the export side, the trade barriers of other countries to China's steel products are still increasing, trade frictions are becoming more and more intensive, and the recovery of European economies is difficult, etc. All of these have brought adverse factors to China's steel exports. In a word, the road of China's export is not optimistic in the future, and the reduction of steel exports. It is bound to reduce the confidence of domestic businessmen, optimistic values or will drop sharply, the upward movement of flange is also extremely unfavorable.
For iron and steel industry, the new normal means that the era of high growth and high profit driven by high-speed demand growth will never return; steel demand growth has slowed down significantly and entered the arc-top platform area; market supply exceeds demand, the decisive role of resource allocation in flange market has become increasingly prominent, and the price of products and raw materials has been restrained; enterprise competition has been restrained. The enterprises with poor competitiveness and backward production capacity will be eliminated as they strive to change from homogeneity to differentiation. Whether the new normal is fully understood and whether the flange adjustment is in place in time will directly determine the future and destiny of the enterprise.