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Chinese steel enterprises accelerating integration

Time:Mon, 13 Mar 2023 09:16:40 +0800

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In 2023, with the gradual increase in steel prices, the stock, price, operating rate, and other indicators of major steel mills have gradually improved and are gradually moving towards break-even.

With the gradual improvement of the demand side, the production capacity and supply side are gradually increasing, and the integration of the industry is also accelerating.

Relevant integration in China has great advantages in reducing disordered competition and inhibiting price fluctuations. Market participants forecasted that related integration activities will continue, which will also bring greater advantages to large enterprises.
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