According to the Steel Logistics Professional Committee of the China Federation of Logistics and Purchasing, in June, domestic steel market demand 

showed a phased release state. The main reason is that after two consecutive months of slowdown, the recovery momentum of the macroeconomy has 

gradually entered a stable stage, driving the steel market to operate steadily. Second, infrastructure construction is still advancing steadily, which provides 

some support for the demand for steel. Thirdly, the market's enhanced expectations for policies to stabilize growth have also, to a certain extent, driven 

the recovery of the steel market. The new order index stood at 51.5%, rising by 24.1 percentage points month-on-month and returning to the expansion range. 

It should be noted that the significant increase in the index is based on a relatively low base in the previous period. In fact, the recovery in demand remains 

relatively moderate.