Profit and loss, production, inventory impact of 200 series steel mill

This year, with the continuous increase of production costs of 201, the profit space of 201 has been continuously compressed,and the cost bottom line has been broken several times. Driven by profits, some steel mills have reduced the production of 200 series and increased production of 300 series. This also led to a relatively long period that the 200 series production remained lower.

In terms of output, the output of the 200 series was relatively stable in the first half of the year. However,as supply continued to change, market prices fells, and steel mill profits was weakened, production began decline month by month.