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    What is the impact of the global epidemic on the steel industry

    release time:2020-04-02  viewed:410次
    The novel coronavirus pneumonia was designated as a "global pandemic" by the WHO in March 11th, the second "global pandemic" identified since the 2009 H1N1 flu. The complexity and diversity of national governance and regions have brought many uncertainties to epidemic prevention and control, and the global steel industry is facing a more complex situation.
     
    ron and steel industry in the "severe disaster area"

    On March 14, 8 countries (see Table 1) have confirmed more than 2000 cases of new crown in the world, accounting for 91% of the total number of confirmed cases in the world, becoming the "major disaster area" of the epidemic, especially Europe has become the "epicenter" of the "pandemic". In 2019, the total GDP of these eight disaster areas is 47.8 trillion US dollars, accounting for 55% of the global total; the crude steel output is 1.808 billion tons (according to the world steel statistics, the latest data is 2018), accounting for 67% of the global total; the crude steel output of China, the United States, South Korea, Germany and Italy are respectively ranked 1, 4, 5, 7 and 10 in the world, accounting for 5 of the top 10, in the global steel supply system Occupy an important position.
     
      Eight countries account for more than half of the world's economic scale and steel production, and the epidemic is bound to have a significant impact on the global economy and steel industry. The linkage between steel industry and economy can be considered from three aspects.

    A previous: India's two steel mills cut production due to the influence of the epidemic
    Next news: The production of the world's largest steel enterprise is temporarily interrupted due to sudden explosion
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