According to the survey data and model calculation of Shanghai Steel Union on November 15, the production cost of valley power of electric arc furnace enterprises nationwide is 3,293 yuan/ton, and the average profit loss of medium-sized valley power is 14 yuan/ton; the average cost of blast furnace rebar is 3,226 yuan/ton, and the average profit is 65 yuan/ton. According to the current steel price performance, it will soon join the ranks of losses. Another survey data of Shanghai Steel Union shows that the loss rate of steel mills nationwide has risen to 42.42%. This is the performance under the continuous increase of favorable policies issued by the state, which is sigh-worthy!