This week's review
On the supply side, 867. 42 tons of steel varieties were supplied this friday, representing an increase of 0. 45 million tons, or 0. 1 per cent, in the roundabout. Production of the main steel varieties has declined this week, except for the outer circle ratio, which is driven at the core by the presence of short-term overhauls in individual steel plants and the diversion of iron water. In terms of stocks, the total stock of steel this friday was 13,518 million tons, an increase of 15. 39 million tons, or 1. 15 per cent, over the roundabout. This week there has been an increase in the overall stock of large varieties: an increase in the stock of plants has been due mainly to the contribution of wire. The balance of society has declined, mainly from contributions. On the consumption side, consumption this week was 8,5203 million tons, or 1. 9 per cent, in the week of major varieties; the consumption of construction materials fell by 7. 1 per cent and the consumption of plates increased by 4. 2 per cent. This friday's consumption of large varieties shows an increase in building materials and reflects the seasonal effects of the off season。
Next week
On the supply side, there are short-term repairs to individual steel plants and diversions in iron and water, but the overall profits of steel plants are good, the willingness of steel plants to produce has not decreased significantly, and production is expected to continue to increase. On the demand side, the conflict between demand in the off-seasons is gradually emerging, with declining consumption ring ratios and persistent consumption weakening. The stock of large steel varieties has risen this friday, and basic pressures have come to light. On the cost side, raising the fourth round and opening the fifth round has led to an increase in the stakes and cost support still exists. Taken together, there is a fundamental contradiction in steel, but the cost of storage and the anticipated support of the parade are expected to operate in the short term or in response to shocks。
"major concerns"
1. Weather: between the 28th night and 31st, affected by the “guilty grass” and the surrounding circulations, heavy or heavy rains occurred in parts of east and south-west china and particularly heavy rains in areas such as the eastern coast of zhejiang and the north-west; cumulative rainfall ranged from 100 to 200 mm in parts of zhejiang, south anhui, shanghai and south-eastern jiangsu, with a capacity of 300 to 450 mm。
Macro 2: according to xinhua, the central political bureau of the cpc met on 30 july to analyse the current economic situation and deploy economic work in the second half of the year. At present, the chinese economy has shown remarkable resilience, with the gross domestic product (GDP) growing by 5. 3 per cent in the first half of the year, laying a solid foundation for achieving the growth target of about 5 per cent throughout the year. If the rate of growth is maintained at around 4. 7 per cent in the second half of the year, it will be able to meet expectations and significantly ease growth pressures. At the same time, relations between china and the united states have shown overall easing and the risk of china's tariff escalation has been effectively controlled through recent negotiations and suspensions to further stabilize the external environment。
3 & : this week, 23 july-29 july, there were 2. 7540 million tons of cement in the country, an increase of 1. 07 per cent in ring and a decrease of 12. 49 per cent in year-on-year terms; 1. 65 million tons of direct supply of capital cement, an increase of 0. 61 per cent in year-on-year terms, and 4. 13 per cent in year-on-year terms; and, as of 30 july 2025, according to a 100-year construction network study, 15,555 million tons were delivered by sample companies in the country's sand mine and processing plants. Of that total, 8. 94 million tons were shipped by gravel, representing a 2. 96 per cent decrease in roundabouts; 4. 69 million tons by mechanism, representing a 2. 19 per cent decrease in roundabouts; and 1. 8765 million tons by stone, representing a 3. 3 per cent increase in roundabouts. The volume of sandstone shipments this week was 318,000 tons lower than last week。
According to statistics, the production of screwdrivers declined slightly this week, cumulatively by 0. 9 million tons. In the subregion, there was a small increase in output in the east, south-central and south-east regions, with the rest showing a decline. In sub-provinces, heilongjiang and sichuan experienced a small decline in screwd steel production due to short-term overhauls in individual steel plants and diversion of iron and water. The hubei and jiangxi increases were due to the recovery of individual steel plants in mid-week last week, which led to an increase in production throughout the week, as well as to inter-generative production in some steel plants; on the other hand, the cable production continued to decline this week, totalling 391,000 tons. In the subregion, the decrease was concentrated in the northern part of china, with a reduction of 25,200 million tons of supplies, while the north-west region experienced a small increase, with an increase of 0. 66 million tons and a general small adjustment of production in other regions; in the sub-provinces, shanxi province experienced a marked decline, with a reduction of 159,000 tons per week, with production in other regions being dominated by small fluctuations; and in the heat rolls, there was a small increase in production this week, with an increase of 53,000 tons per week over that of the ring, with the completion of the north-east steel plant's re-engineering and recovery this week。
According to mysteel, for screws, the stock of this week's screwdrivers has been reduced by narrowness and the ring has fallen by 352,000 tons. In the subregion, there was a small increase in stocks in south-south, south-south and north-east china, with the rest showing a decline. In the sub-provinces, the stocks of jiangsu, sichuan and heilongjiang have fallen ahead; on the cable side, the plant stock has continued to increase this week, by a total of 266,000 tons. At the subregional level, north china and south-west region stocks increased by 1. 48 million tons and 124,000 tons, respectively, with other regional steel plants experiencing varying degrees of small fluctuations; at the provincial level, shanxi stock increased by 175 million tons per week; and at the level of heat rolls, there was a small increase in the factory's interior, mainly in the east china region, where market prices continued to rise sharply last week, with strong downstream watchouts, with orders falling lower than last week, and increases in production and the plant's bank。
According to mysteel, building materials, for example, screwdrivers, show a stock of 5. 22 million tons, 473 million tons and 122,000 tons, respectively, in the east, south and north regions, and seven regions, with the exception of the north-west. In terms of heat rolls, the northern circle is estimated to be 0. 05 million tons, while the eastern and southern regions are 122,000 tons and 0. 34 million tons, respectively; in the seven regions, all but china, the south-west and the north-eastern regions are characterized by accumulation。
According to mysteel, the total stock of large varieties was 13,5189 million tons this week, an increase of 15. 39 million tons, or 1. 15 per cent, in the circle. This represents an increase of 131,000 tons, or 2. 1 per cent, in the roundabouts of construction materials and 2. 29 million tons, or 0. 3 per cent, in the roundabouts of board materials. The total stock in the previous period was 1,3365,000 tons, a decrease of 0. 09 per cent. This represents a decrease of 3. 57 million tons, or 0. 56 per cent, from the roundabouts of construction materials, and an increase of 24. 1 million tons, or 0. 34 per cent, from the roundabouts of tablets。
[annex: seasonal change in consumption of five species]
