Domestic crude steel output in July was 86.79 million tons, down 8.4% year-on-year, compared with a 9.1% increase in the same period

last year. At the same time, steel production fell by 6.6%, compared with an increase of 9.9% in the same period last year. The data showed

that production activity in the steel industry slowed in July this year.

In addition, steel exports were 5.67 million tons, a decrease of 790,000 tons from the previous month; Imports were 1.05 million tons, down

200,000 tons from the previous month. This shows that in the international market, China's steel demand has declined.

In terms of prices, steel prices stopped falling and rebounded in July.