China's urbanization has gradually entered a plateau period. Due to the adjustment of supply and demand relations, steel prices declined, while the prices of raw materials such as iron ore remained high. Combined factors exacerbated the decline in profits of steel companies.
At the same time, coupled with the impact of the epidemic, the Russia-Ukraine conflict and other unfavourable factors, the domestic steel industry has entered a downturn.
![Los precios del magnesio suben por tercera sesión consecutiva: el lado de los costos sigue "ardiendo" mientras la demanda lucha por tomar el relevo [Comentario de SMM]](https://imgqn.smm.cn/usercenter/EutUV20251217171724.jpeg)
