Publicado: Nov 13, 2023 10:25
Huangli Steel replied on an interactive platform that in October, especially in the first half of the month, the price of raw materials rose, but the price of steel still fluctuated weakly, and the industry's loss further expanded. The industry's differentiation is caused by demand differentiation, with the demand for ordinary steel represented by rebar shrinking significantly, but with the high-end transformation of China's manufacturing industry, the competitive advantages of a few leading enterprises are more prominent. The company's proportion of steel varieties and direct supply of products is relatively high, which is conducive to transmitting cost pressure to downstream and maintaining a relatively stable level of profitability.

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Huangli Steel replied on an interactive platform that in October, espe - Shanghai Metals Market (SMM)