Following the phased adjustment at the end of last month, the international steel market in early September continued to strengthen. In the middle of the month, the global steel benchmark price index of 124.8 points fell by 0.4% on a week-on-week basis (from up to down), up 0.4% on a month-on-month basis (swelling up), up 6.8% year-on-year and up 19.8% year-on-year. Among them: the flat material index was 116.6 points, down 0.4% on a week-on-week basis (from up to down); the long product index was 134.3 points, up 0.5% on a week-on-week basis (the convergence was converging); the Asian index was 128.5 points, down 0.5% on a week-on-week basis. fall). The China index in Asia was 132.1 points, up 0.6% on a week-on-week basis (the convergence was converging); the Americas index was 142.6 points, down 0.1% on a week-on-week basis (from ups and downs); the European index was 106.7% points, down 0.5% on a week-on-week basis. fall). According to the forecast of the running situation and the fundamental situation, the international steel market in the second half of September may have a pattern of rising, rising and falling.

Posco plans to invest heavily to enhance its competitiveness in the international market. South Korea's Posco Steel (POSCO) said it plans to more than double its investment spending over the next five years to 45 trillion won to enhance its competitiveness. The company said in a statement that according to the plan, by 2023, POSCO will invest 26 trillion won to upgrade and increase steel facilities, and another 10 trillion won for new business areas including lithium batteries. Part of it is used in the energy business. According to company data, the plan will increase the total investment size of the five-year total by 27 trillion won to 45 trillion won, a significant increase of one and a half times from the investment expenditure of 18 trillion won in the previous five years.

Ukraine will invest 60 billion US dollars to participate in the construction of the “Belt and Road”. Ukrainian Infrastructure Minister Vladimir Omerion said on September 10 that Uzbekistan plans to invest 60 billion U.S. dollars to develop transportation by 2030, making Uganda a transportation hub for Europe and Asia and enhancing the country’s participation in the “Belt and Road” The status of construction.

Asian steel market: the gains converge. The benchmark steel price index of 128.5 points in the region rose by 0.9% month-on-month (the increase was convergent), and rose by 2.7% year-on-year (the increase was expanded), up 17.8% year-on-year.

European steel market: mixed. The benchmark steel price index of 106.7 in the region fell by 0.4% month-on-month (from up to down), and rose by 1.3% month-on-month (the increase was converging), up 18.9% year-on-year.

American steel market: ups and downs. The benchmark steel price index of 142.6 in the region was flat on a month-on-month basis (from flat to flat), with a month-on-month increase of 30.5% (increase in growth) and a year-on-year increase of 27.6%.