World Steel Association recently released statistics and show that in March this year, the global crude steel production increased by 10 times, which has caused iron ore prices to increase. The international steel market seems to have been fully recovered from the international financial crisis. The truth is that the global steel market oversupply situation has not been reversed. Anbound's chief researcher Chan Kung believes that from the global context, the steel market fully reflects that global de-stocking is a complete failure. As long as there is excessive capital, there cannot be successful de-stocking. The transfer of capital has caused the stocks to transform one form or another, while nothing has changed in actual fact; the overall pressure on the financial environment will always exist.